Category: Growth
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Mercari reports record-high revenue in FY’24, eyes growth By Investing.com
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Mercari, Inc. (4385.T), the popular online marketplace operator, has reported a record-high consolidated revenue and core operating profit for the fiscal year 2024. CEO Shintaro Yamada and CFO Sayaka Eda shared the company’s financial achievements and strategic outlook, highlighting a 9% year-on-year revenue growth and a core operating profit of…
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Dollar edges higher ahead of retail sales; sterling gains on GDP growth By Investing.com
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The US dollar rose slightly on Thursday, but remained close to seven-month lows after benign inflation data, while sterling rose after strong growth data. At 05:45 ET (09:45 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 102.452, just above…
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Experts back new crypto over Ripple, Ethereum for its 80x growth potential
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. DTX exchange is attracting a lot of attention with its 100% return so far. Experts say it could outperform Ripple and Ethereum. A new coin is getting a lot of…
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RBNZ Surprised With A 25bps Rate Cut As A “Reasonable First Step” Amidst Cooler Inflation And Slower Growth
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The New Zealand Dollar fell sharply earlier today, and no, it’s not because your trading platform suffered from a “Massive DDoS attack.“ A few hours ago, the Reserve Bank of New Zealand surprised the markets with Official interest rate cut by 25 basis points to 5.25% While many market participants…
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monday.com sees tenfold growth in limitless market
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Economic and geopolitical uncertainty hasn’t stopped Israeli operating system company Monday.com (Nasdaq: MNDY). The company reported strong second-quarter results earlier this week, sending its stock price up 15% to a 30-month high. Yesterday, the stock rose another 1.21%, giving the company a market cap of $13.072 billion, making it the…
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monday.com sees tenfold growth in limitless market
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Economic and geopolitical uncertainty hasn’t stopped Israeli operating system company Monday.com (Nasdaq: MNDY). The company reported strong second-quarter results earlier this week, sending its stock price up 15% to a 30-month high. Yesterday, the stock rose another 1.21%, giving the company a market cap of $13.072 billion, making it the…
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Sotherly Hotels Q2 2024 results show steady growth By Investing.com
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Sotherly Hotels Inc. (NASDAQ:), a well-known hospitality company, has reported its financial results for the second quarter of 2024, revealing a positive trend in revenue per available room (RevPAR) and hotel earnings before interest, taxes, depreciation, and amortization (EBITDA). The company has seen RevPAR growth across several key properties, driven…
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Dream Office REIT reports growth amid market challenges By Investing.com
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Dream Office REIT (TSX: D.UN) has reported a resilient performance in the second quarter of 2024, despite facing headwinds in the Toronto office market. On August 12, 2024, CEO Michael Cooper and CFOs Gord Wadley and Jay Jiang provided insights into the company’s financial and operational progress. The REIT has…
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i3 Verticals annnounces Q3 2024 results, outlines future growth By Investing.com
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In its Q3 2024 earnings call, i3 Verticals (ticker: IIIV) announced a decline in revenues and adjusted EBITDA, attributing the decrease to lower one-time software license sales. Despite this, the company reported organic growth from recurring sources and remains optimistic about future performance, expecting high-single-digit organic revenue growth and annual…
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i3 Verticals annnounces Q3 2024 results, outlines future growth By Investing.com
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In its Q3 2024 earnings call, i3 Verticals (ticker: IIIV) announced a decline in revenues and adjusted EBITDA, attributing the decrease to lower one-time software license sales. Despite this, the company reported organic growth from recurring sources and remains optimistic about future performance, expecting high-single-digit organic revenue growth and annual…
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InspireMD reports growth and anticipates US launch By Investing.com
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InspireMD (NASDAQ:), Inc. (NYSE American: NSPR), a medical device company, reported a revenue increase in the second quarter of 2024 and discussed significant milestones for their CGuard Carotid Stent System during their latest earnings call. CEO Marvin Slosman presented one-year outcomes data for CGuard, which showed a promising low major…
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CCL Industries reports strong Q2 growth, cautious outlook By Investing.com
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CCL Industries Inc. (CCL), a global leader in specialty label and packaging solutions, has reported a robust performance for the second quarter of 2024, with a notable 12.2% increase in sales, reaching $1.85 billion. This growth was attributed to organic expansion, strategic acquisitions, and favorable currency translations. Operating income saw…
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goeasy Limited boasts record Q2 results and strategic growth By Investing.com
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goeasy Limited (GSY.TO), a leading provider of loans and financial services, has announced robust financial results for the second quarter of 2024, with record loan originations and significant growth in its loan book, driving strong earnings. The company’s gross consumer loan balances exceeded CAD 4 billion, and they secured an…
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1 Top Growth Stock Down 58% to Buy Before It Is Too Late
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supercomputer (NASDAQ: SMCI) Supermicro has been one of the hottest stocks on the market this year, up a whopping 73% as of this writing, but a closer look at the stock’s recent performance suggests that its bull run is over. In fact, Supermicro shares (as the company is known) are…
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Perma-Fix Q2 results reflect setbacks, but future growth expected By Investing.com
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Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) reported a challenging second quarter in 2024, with total revenue from continuing operations falling to $14.0 million, a significant decrease from the previous year. The company faced headwinds due to government delays in waste shipments and new contracts, along with an equipment failure at…
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2 Unstoppable Growth Stocks That Could Crush the S&P 500 Over the Next 5 Years
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the Standard & Poor’s 500 The index has returned about 10% annually since 1957. This closely matches the growth in average company earnings. ProfitsIf you want to beat the market, you need to look for companies that can grow their earnings well above average. There are two companies that can…
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Saputo Inc. sees growth and embraces new leadership By Investing.com
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Saputo Inc. (SAP.TO), a leading global dairy processor, has reported strong financial results for the first quarter of fiscal 2025, with significant revenue and adjusted EBITDA growth. The company announced a 2.7% increase in its quarterly dividend and a positive outlook on operational goals and long-term value creation. The transition…
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What would less restrictive monetary policy mean for the growth outlook? By Investing.com
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Wells Fargo said in a recent report that a less restrictive monetary policy could significantly impact U.S. growth prospects by stimulating various economic sectors and easing some of the current economic pressures. According to the bank’s latest U.S. economic outlook report, the Fed is expected to cut interest rates by…
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Evolent Health reports revenue growth and strategic acquisitions By Investing.com
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Evolent Health, Inc. (NYSE: NYSE:), a healthcare company that provides an end-to-end value-based care delivery platform, announced in its second-quarter earnings call that it has achieved revenue growth and is on track to meet its profitability targets for 2024. The company also detailed its strategic acquisition of Machinify Technology and…
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UK salary growth slows, paving the way for potential interest rate cuts
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UK wage growth slowed last month while demand for workers remained flat, paving the way for further interest rate cuts by the Bank of England. Research from KPMG and the Recruitment and Employment Confederation (REC) reveals that the rate of pay growth for both permanent and part-time employees slowed in…