Category: Revenue
-
Bayer AG Non-GAAP EPS of €0.94, revenue of €11.14B; reaffirms FY24 outlook
•
Bayer AG press release (OTCPK:BAYZF): Q2 non-GAAP EPS of €0.94. Revenue of €11.14 billion (+0.9% year-on-year). EBITDA before special items decreased to €2.1 billion (-16.5%), impacted by adverse currency movements. Free cash flow is €1.3 billion. Net operating cash flow in Q2 2024 amounted to EUR 2,410 million (Q2 2023:…
-
Vericel reports strong Q2 with record revenue growth By Investing.com
•
Vericel Corporation (NASDAQ:) has announced robust financial results for the second quarter of 2024, achieving a record revenue of nearly $53 million. This performance was driven by significant growth in their MACI product and solid demand for NexoBrid. The company has seen an expansion in gross margin and a substantial…
-
Amazon stock tumbles 8% as profit, revenue outlook disappoints
•
Amazon (AMZN) stock fell 8% in afternoon trading Friday after the retail and cloud giant delivered current-quarter forecasts on Thursday that missed expectations on both the top and bottom lines. The disappointing returns were compounded by a weak July jobs report, which sent the tech world and the broader market…
-
Moderna cuts 2024 sales forecast, sees low EU vaccine revenue into 2026 By Reuters
•
By Patrick Wingrove and Leroy Liu (Reuters) – Moderna Inc on Thursday cut its 2024 sales forecast for its COVID-19 and respiratory syncytial virus vaccines by about 25%, or $1 billion, due to lower COVID sales to the European Union that it expects to continue through 2026. Shares of the…
-
Hertz stock falls 7% on wider-than-expected Q2 loss, revenue miss By Investing.com
•
Hertz Global Holdings (OTC:), Inc. (HTZ) announced its financial results for the second quarter of 2024 on August 1, 2024. HTZ reported revenue of $2.4 billion in the second quarter, slightly below analyst estimates of $2.47 billion. This represents a 3% increase year-over-year compared to $2.437 billion in the second…
-
GMX proposal to change revenue model proceeds to on-chain vote stage
•
GMX, an on-chain, permanent spot exchange, has announced that a proposal to change the platform’s revenue distribution model has entered the on-chain voting phase. According to advertisement On July 31, the new revenue distribution model aims to boost the long-term value of the GMX token (GMX). Currently, the DEX protocol…
-
GMX proposal to change revenue model proceeds to on-chain vote stage
•
GMX, an on-chain, permanent spot exchange, has announced that a proposal to change the platform’s revenue distribution model has entered the on-chain voting phase. According to advertisement On July 31, the new revenue distribution model aims to boost the long-term value of the GMX token (GMX). Currently, the DEX protocol…
-
State eyes Sh20bn cut in equitable revenue share for counties
•
The government is targeting to deduct Sh20.12 billion from the funds allocated to counties as a fair share of revenue collected nationally in the current financial year following the rejection of the 2024 Finance Bill. The planned reduction involves a proposed amendment to the Revenue Sharing Act 2024, which will…
-
Newmont reports $4.4 billion in revenue By Investing.com
•
Newmont Corporation (NYSE: NEM), one of the world’s leading gold producers, reported robust operational and financial results for the second quarter of 2024. The company’s focus on safety, sustainability, and strategic asset management has paid off with a reported $4.4 billion in revenue and an average realized gold price of…
-
IMAX Shares Add 5% After Q2 Earnings and Revenue Beat By Investing.com
•
NEW YORK — IMAX Corporation (NYSE: NYSE:) reported a big beat in both earnings and revenue for the second quarter of 2024, sending its shares up 5.5% as the market reacted to the news. The global entertainment platform reported adjusted earnings per share of $0.18, beating analysts’ expectations of $0.08.…
-
General Motors shares rally after earnings and revenue beat, raises full-year outlook By Investing.com
•
General Motors (NYSE:GM) shares rose 5.45% after reporting second-quarter results that beat expectations on both earnings and revenue. The auto giant reported adjusted earnings per share of $3.06, well above the consensus estimate of $2.71. Revenue for the quarter also topped expectations, coming in at $47.97 billion versus the $45…
-
Rollblock’s revenue share model shines as FET, XMR continue to underperform
•
Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Investors turn to Rollblock amid recent declines in Fetch.AI and Monero, as GambleFi protocol and Rollblock’s revenue sharing model present an attractive opportunity. Both Fetch.AI (FET) and Monero (XMR) have…
-
Rollblock’s revenue share model shines as FET, XMR continue to underperform
•
Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Investors turn to Rollblock amid recent declines in Fetch.AI and Monero, as GambleFi protocol and Rollblock’s revenue sharing model present an attractive opportunity. Both Fetch.AI (FET) and Monero (XMR) have…
-
SAP Q2 results top estimates as ongoing cloud demand boosts revenue By Investing.com
•
SAP on Monday reported fiscal second-quarter results that beat Wall Street estimates as continued demand for its cloud services boosted performance. SAP SE ADR (NYSE:) shares rose about 4% in after-market trading following the news. For the three months ended June 30, SAP’s adjusted earnings were 1.10 euros per share…
-
‘Epic’ tech selloff will continue unless mega cap Tech lifts revenue guidance: GS By Investing.com
•
The massive momentum reversal in favor of small-cap stocks at the expense of large-cap stocks is likely to continue, according to strategists at Goldman Sachs. Last week, small-cap companies posted a historic weekly performance versus large-cap companies, attributed to several factors, including slowing inflation and expectations that the Federal Reserve…
-
Netflix adds 8 million subscribers, disappoints on revenue outlook
•
Netflix (NFLX) reported second-quarter earnings on Thursday, initially sending the stock down 6% in after-hours trading after the streaming giant’s revenue forecast fell short of Wall Street’s expectations for the current quarter. But shares rebounded during the earnings call as investors digested another subscriber gain of more than 8 million…
-
Manchester United reports Q3 results, lifts 2024 revenue guidance By Investing.com
•
Manchester United (NYSE:) raised its guidance for the full fiscal year 2024 after reporting third-quarter earnings results on Wednesday. The club’s shares were trading slightly lower in pre-market trading. For the full year, the club now expects revenue of £660m, up from a previous forecast range of between £635m and…
-
Top 10 Cryptocurrencies by 1-Year Fee Revenue (Analysis)
•
Despite the launch of a number of blockchain networks that offer lower fees and faster transaction times, Ethereum’s dominance continues, and users appear willing to pay higher fees. As such, Ethereum has overtaken Bitcoin in terms of annual fee revenue, according to data compiled by Lookonchain. At $2.728 billion, Ethereum…
-
Marathon Digital Mines $15M in Kaspa Tokens for Revenue Diversification
•
Marathon Digital Holdings, a global cryptocurrency-focused platform, announced that its Kaspa mining operation has yielded nearly $15 million worth of KAS since it began last September. The company states that the decision to mine Kasba was part of its strategy to diversify its mining operations. Capsa Mining Marathon In the…