Category: Results
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Doman Building Materials Q2 results reflect market slowdown By Investing.com
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Doman Building Materials Group Inc. (DBM), a leading supplier in the construction industry, has reported its financial results for the second quarter of 2024. The company saw a decline in sales by 2.9% year-over-year, earning $689.8 million, with a gross margin percentage of 15.7%. Adjusted EBITDA also fell by 23.4%…
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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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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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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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Air Transport Services reports mixed Q2 results; raises FY24 Adjusted EBITDA outlook
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2024 Predictions: Taking into account the four aircraft leases that have commenced since the end of June, ATSG expects adjusted EBITDA of approximately $526 million in 2024. ATSG expects 2024 capital spending to be $390 million, down from the $410 million estimated in May 2024 and $400 million lower than…
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News Corp FQ4 results beat expectations (NWSA)
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News CorporationNASDAQ: NWSA) Involved Up about 4% In after-hours trading, the company’s fiscal fourth-quarter results showed that the company beat Wall Street expectations by 1 cent and increased by 3 cents from the same quarter. Year-ago. Revenue for the quarter rose 6% to $2.58 billion, beating estimates by $80 million,…
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Koru Medical Systems stock price target raised on strong results By Investing.com
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On Thursday, Piper Sandler revised its outlook on shares of Koro Medical Systems Inc. (NASDAQ:KRMD), raising its price target to $3.00 from $2.50 previously. The firm maintained a neutral rating on the stock. The adjustment came after Coro Medical reported second-quarter earnings, which highlighted a record quarterly revenue of $8.4…
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Wilmington Announces Voting Results from Special Meeting of Shareholders
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Article Content CALGARY, Alberta, Aug. 7, 2024 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (TSX: WCM.A, WCM.B) (“Wilmington” or the “Company”) today announced the positive vote of Wilmington shareholders (“Shareholders”) at this morning’s special meeting of shareholders (“Special Meeting”) held in person, to approve the previously announced transaction resolution. 8,341,129…
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Energy Transfer Q2 results on deck: What to expect (NYSE:ET)
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onurdongel/E+ via Getty Images The transfer of energy (New York Stock Exchange: ET) rose 2.79% Tuesday ahead of second-quarter earnings results due out Aug. 7, after the closing bell. On average, Wall Street expects the average company to post quarterly earnings per share of $0.28 on revenue of $21.5 billion…
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TSS, INC. TO REPORT SECOND QUARTER 2024 RESULTS ON WEDNESDAY, AUGUST 14, 2024 By Investing.com
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ROUND ROCK, Texas, Aug. 5, 2024 (GLOBE NEWSWIRE) — TSS, Inc. (OTC: TSSI), a data center services company that integrates high-performance computing infrastructure and software and provides related data center services, will announce its financial results for the second quarter of 2024 on Wednesday, August 14, 2024. The company will…
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MultiPlan Q2 2024 results show commitment to long-term growth By Investing.com
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MultiPlan Corporation (NYSE: MPLN), a provider of healthcare cost management solutions, reported its second quarter 2024 earnings, revealing a mix of challenges and strategic advancements. CEO Travis Dalton admitted the financial results were below expectations but remained optimistic about future growth. The company is transitioning towards a data and technology-focused…
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Agnico Eagle reports record results and strong performance By Investing.com
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Agnico Eagle Mines Limited (NYSE:), a leading gold mining company, announced its third consecutive quarter of record financial and operational results. The company reported record adjusted EBITDA of approximately $1.2 billion and free cash flow of over $0.5 billion in Q2, marking an exceptional quarter with strong operational performance and…
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The results of this survey on who owns Bitcoin will surprise you
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Demographically, you won’t be surprised to hear that most Bitcoin investors are young and male – but besides that, there’s a lot of diversity. A new report sheds light on who tends to own Bitcoin (BTC) in the United States. Nakamoto Project Inaugural study It reveals that investors tend to…
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Intel leads chip stocks decline after results, outlook weighs on investor sentiment
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Sefa Ozil Intel CorporationNASDAQ:INTC) chip stocks fell Friday after the company’s second-quarter results and guidance rattled investors and analysts alike. arm (army) -8%Micron (MU) technology -7%semiconductors (ON) -5%Taiwan Semiconductor Manufacturing Company (TSM) -5%Analog devices (Adi) -4%NXP Semiconductor Corporation (NXPI) -4%Broadcom (I am bored) -3%Texas Instruments, Inc.TXN) -3%Nvidia (NVDA program) -1%and…
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EBay beats quarterly results estimates on steady demand for refurbished goods By Reuters
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(Reuters) – eBay Inc beat Wall Street expectations on revenue and profit in the second quarter, helped by strong demand for used goods, auto parts and cost-effective accessories. But the e-commerce giant’s third-quarter revenue forecast fell short of analysts’ estimates, pointing to the effects of a tough economy. The company’s…
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Teva reports strong Q2 results, raises 2024 forecast
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Teva Pharmaceutical Industries Co., Ltd. (New York Stock Exchange: Tifa; level: Tifa) reported strong second-quarter 2024 results and revised its outlook upward again. The company reported second-quarter revenue of $4.2 billion, up 7% from the same quarter in 2023. GAAP net loss in the second quarter was $846 million ($0.75…
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Sysco shares climb 2% on strong Q4 results By Investing.com
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HOUSTON – Sysco Corporation (NYSE: NYSE:), a leading global food distribution company, today reported modest earnings and revenue beats for the fourth fiscal quarter ended June 29, 2024. The company reported adjusted earnings per share of $1.39, narrowly beating analysts’ expectations of $1.38. Revenue for the quarter also rose slightly,…
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Microsoft’s Azure growth, profit in focus during Q4 results
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Microsoft (NASDAQ:MSFTMicrosoft is scheduled to report fourth-quarter results on Tuesday, and investors will be focusing on Azure growth and earnings, given the Redmond-based tech giant’s capital investment in artificial intelligence. Wall Street expects the company to post earnings per share of $2.94. On revenues of $64.44 billion, representing an increase…