Category: Latest News
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Cardinal Infrastructure raises 2026 revenue guidance after record Q2 sales
Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) shares moved higher in pre-market trading on Tuesday after the infrastructure services company reported record second-quarter revenue and sharply increased its full-year sales forecast, despite earnings coming in slightly below expectations. Adjusted earnings per share reached $0.26, missing the analyst consensus of $0.28 by $0.02. Revenue, however, jumped 114% year…
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Enviri shares edge lower despite Q2 adjusted EBITDA beating expectations
Enviri Corporation (NYSE:NVRI) shares slipped slightly in pre-market trading on Tuesday after the company reported a second-quarter adjusted loss, although adjusted EBITDA exceeded expectations and underlying revenue increased from a year earlier. Enviri posted an adjusted diluted loss per share of $0.63, while adjusted revenue reached $324 million, representing year-on-year growth of 2%. Shares were…
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Vestis shares jump 8% as higher cash flow outlook offsets Q3 earnings miss
Vestis Corporation (NYSE:VSTS) shares climbed sharply in pre-market trading on Tuesday after the uniform and workplace supplies company raised its fiscal 2026 free cash flow outlook, despite third-quarter earnings and revenue falling short of analyst expectations. Adjusted earnings per share came in at $0.18 for the quarter ended July 3, 2026, well below the consensus…
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Ceragon shares gain 4% after second-quarter earnings beat
Ceragon Networks (NASDAQ:CRNT) shares moved higher in pre-market trading on Tuesday after the wireless connectivity specialist reported second-quarter results that exceeded Wall Street expectations for both earnings and revenue. Adjusted earnings per share came in at $0.02, above the analyst consensus of $0.01. Revenue reached $93.9 million, beating expectations of $86.78 million and increasing 14%…
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Google faces French media complaint over AI-generated article summaries
French media organisations have asked France’s competition regulator to intervene over Google’s (NASDAQ:GOOG) use of artificial intelligence to generate summaries of news articles, according to a press trade association body. The publishers argue that Google’s AI-generated summaries are reducing the number of users clicking through to their websites, potentially weakening an important source of traffic…
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Nocera Expands AI Infrastructure Strategy with New 50/50 Energy Joint Venture
Nocera (NASDAQ:NCRA) is taking another significant step in its transformation into a diversified technology and infrastructure holding company, announcing a new 50/50 joint venture with INERGX focused on the rapidly growing mission-critical energy market. The partnership is designed to identify, fund, acquire, develop and commercialise businesses, technologies and infrastructure projects across the energy supply chain,…
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Aramark beats fiscal Q3 estimates as revenue growth accelerates
Aramark (NYSE:ARMK) reported better-than-expected fiscal third-quarter 2026 results on Tuesday, supported by broad-based organic growth, strong new business wins and record client retention. Adjusted earnings per share reached $0.52, beating the analyst consensus of $0.48 by $0.04. Revenue climbed 9% year on year to $5.1 billion, exceeding expectations of $4.92 billion and rising from $4.6…
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JBS stock slips as adjusted earnings miss estimates despite record revenue
JBS N.V. (NYSE:JBS) shares edged lower in pre-market trading on Tuesday after the meat producer reported second-quarter adjusted earnings below analyst expectations, even as revenue surpassed forecasts and reached a record level. Adjusted earnings per share came in at $0.20, below the $0.34 analyst consensus. Revenue reached $23.9 billion, ahead of expectations of $22.77 billion…
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Silvercorp Metals misses fiscal Q1 earnings estimates as costs rise and China operations pause
Silvercorp Metals Inc. (AMEX:SVM) reported fiscal first-quarter 2027 results on Tuesday that fell short of analyst expectations for both earnings and revenue, despite a sharp year-on-year increase in sales supported by substantially higher silver prices. Adjusted earnings per share came in at $0.21, missing the consensus estimate of $0.27 by $0.06. Revenue reached $138.7 million,…
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Sea Limited shares surge 9% as revenue jumps 48% and Shopee outlook strengthens
Sea Limited (NYSE:SE) shares climbed 8.91% in pre-market trading on Tuesday after the Singapore-based technology group delivered stronger-than-expected second-quarter revenue and highlighted continued momentum across its Shopee, Monee and Garena businesses. Adjusted earnings per share came in at $0.70, below the analyst consensus of $0.83. However, revenue surged 48.1% year-on-year to $7.79 billion, comfortably exceeding…