Category: Latest News
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Genius Sports shares drop after earnings miss despite strong revenue growth
Genius Sports Limited (NYSE:GENI) reported fourth-quarter results on Wednesday that fell short of earnings expectations even as revenue came in above analyst forecasts. The company’s shares declined 5.56% in premarket trading following the announcement. The sports data and technology provider reported a quarterly loss of $0.08 per share, significantly below the analyst consensus estimate of…
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U.S. Private Payrolls Top Forecasts in February, ADP Data Shows
Private sector hiring in the United States grew more strongly than expected in February, according to a report released Wednesday by payroll processing firm ADP. ADP said employers added 63,000 jobs during the month, following an increase of 11,000 jobs in January after the previous estimate for that month was revised downward. Economists had forecast…
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Oil Pullback May Help Wall Street Recover After Recent Sell-Off: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a higher open on Wednesday, suggesting equities may rebound after finishing the previous session significantly lower despite recovering from their intraday lows. Investors may be looking to take advantage of lower valuations after Tuesday’s early sell-off pushed the major benchmarks to their weakest levels in three months. Early buying…
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Real Brokerage beats Q4 expectations as revenue surges
The Real Brokerage Inc. (NASDAQ:REAX) reported fourth-quarter results on Wednesday that came in ahead of analyst forecasts, driven by strong growth in transactions and agent numbers. Revenue increased 44% year over year to $505.1 million, exceeding the consensus estimate of $474.78 million. The company posted an adjusted loss per share of $0.02, outperforming the analyst…
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Dycom shares rise after fourth-quarter earnings and revenue exceed forecasts
Shares of Dycom Industries (NYSE:DY) gained more than 2% in premarket trading after the telecommunications infrastructure services provider reported fourth-quarter fiscal 2026 results that surpassed Wall Street expectations on both earnings and revenue. The company reported earnings per share of $2.03 for the quarter, ahead of the analyst consensus estimate of $1.80. Revenue climbed 34.4%…
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Indie Semiconductor shares slide after convertible bond offering
Shares of Indie Semiconductor (NASDAQ:INDI) fell 14.9% to $2.69 in premarket trading on Wednesday, marking a nine-month low after the company announced a new private placement of convertible bonds. The advanced driver assistance systems sensor developer said early Wednesday that it had priced a $150 million private offering of 4% convertible bonds due in 2031.…
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Caesarstone shares rise despite fourth-quarter loss
Caesarstone Ltd. (NASDAQ:CSTE) reported mixed fourth-quarter results on Wednesday, with revenue topping expectations but earnings missing analyst forecasts as the engineered surfaces maker continues to implement its restructuring strategy. Shares of the company gained 2.44% in after-hours trading following the announcement. The company reported an adjusted loss of $0.48 per share for the quarter, wider…
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Bath & Body Works beats Q4 expectations, shares gain despite softer 2026 outlook
Bath & Body Works, Inc. (NYSE:BBWI) reported fourth-quarter results that came in above analyst forecasts, although the company warned that sales could decline in 2026 as it continues to reshape its business. The home fragrance retailer posted adjusted earnings per share of $2.05 for the quarter ended January 31, exceeding the analyst consensus estimate of…
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Riskified tops earnings and revenue forecasts
Riskified Ltd. (NYSE:RSKD) reported fourth-quarter results on Wednesday that exceeded analyst expectations, with both earnings and revenue coming in ahead of forecasts. The company posted adjusted earnings per share of $0.12, beating the consensus estimate of $0.10 by $0.02. Revenue reached $99.33 million, surpassing the analyst forecast of $97.15 million and representing a 6% increase…
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Box shares rise 6% after Q4 revenue beat and share buyback
Shares of Box Inc (NYSE:BOX) climbed 6.06% to $25.37 in premarket trading on Wednesday, rebounding from their lowest closing level since February 10 recorded in the previous session. The intelligent content management platform reported fourth-quarter revenue that came in slightly above analyst forecasts, according to data compiled by LSEG. During the quarter, Box repurchased 4.4…