Category: Latest News
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ANI Pharmaceuticals Shares Slide Despite Earnings Beat After Cortrophin Outlook Cut
ANI Pharmaceuticals Inc. (NASDAQ:ANIP) reported stronger-than-expected second-quarter results on Friday, but shares fell in pre-market trading after the company lowered its sales forecast for its flagship Cortrophin Gel treatment. The stock declined around 7.6% as investors focused on the weaker product outlook despite better-than-expected earnings and revenue. Quarterly Results Exceed Expectations ANI reported adjusted earnings…
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Plains All American Tops Q2 Expectations as Higher Volumes Support Results
Plains All American Pipeline, L.P. (NASDAQ:PAA) reported stronger-than-expected second-quarter earnings on Friday, with robust pipeline volumes and improved crude oil operations helping the midstream energy company outperform Wall Street forecasts while maintaining its full-year outlook. Shares gained around 1.4% in pre-market trading following the results. Earnings and Revenue Beat Forecasts Plains reported adjusted earnings of…
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Take-Two Shares Slip as Conservative Outlook Overshadows Strong First-Quarter Results
Take-Two Interactive Software (NASDAQ:TTWO) reported better-than-expected first-quarter results, but shares moved lower after the video game publisher issued guidance that fell short of Wall Street forecasts despite reaffirming its full-year outlook ahead of the highly anticipated launch of Grand Theft Auto VI. The stock slipped around 2% as investors focused on the company’s cautious projections…
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Vistra Shares Slip After Revenue Miss Despite Strong EBITDA Growth
Vistra Corp. (NYSE:VST) reported second-quarter 2026 results on Friday that missed Wall Street’s revenue expectations, although the power producer delivered strong growth in adjusted EBITDA and reaffirmed its full-year financial guidance. Shares eased around 1.2% in pre-market trading following the earnings release. Revenue Falls Short of Expectations Vistra generated second-quarter revenue of $4.02 billion, below…
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Under Armour Shares Fall as Weaker Full-Year Outlook Overshadows Earnings Beat
Under Armour (NYSE:UAA) shares fell more than 3% in pre-market trading on Friday after the sportswear company lowered its revenue outlook for fiscal 2027, offsetting a stronger-than-expected first-quarter earnings performance. The company reported adjusted earnings of $0.05 per share for the quarter ended 30 June, exceeding analysts’ expectations of $0.02 per share. Revenue totalled $1.1…
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Starz Entertainment Misses Revenue Forecasts but Lifts Full-Year Profit Outlook
Starz Entertainment Corp. (NASDAQ:STRZ) reported second-quarter results on Friday that fell short of revenue expectations, although the media company increased its full-year guidance for adjusted operating profit and free cash flow. Shares were little changed in pre-market trading, edging slightly lower following the announcement. Revenue Declines Despite OTT Growth Starz generated revenue of $307.9 million…
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Alpha Metallurgical Resources Misses Q2 Expectations as Lower Shipments Weigh on Results
Alpha Metallurgical Resources, Inc. (NYSE:AMR) reported weaker-than-expected second-quarter results on Friday after lower coal shipments and higher operating costs pushed the company to a quarterly loss and revenue below Wall Street forecasts. Shares fell around 3% in pre-market trading following the earnings announcement. Earnings and Revenue Disappoint The metallurgical coal producer posted a loss of…
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PPL Misses Q2 Expectations but Reaffirms Full-Year Outlook
PPL Corporation (NYSE:PPL) reported second-quarter earnings and revenue below Wall Street forecasts on Friday, although the regulated utility reaffirmed its full-year guidance and highlighted significant long-term growth opportunities linked to data centre development. Shares were modestly higher in pre-market trading, rising around 0.3% following the results. Earnings and Revenue Come in Below Forecasts PPL posted…
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Douglas Elliman Narrows Quarterly Loss as Revenue Growth and AI Strategy Boost Outlook
Douglas Elliman Inc. (NYSE:DOUG) reported a smaller adjusted loss for the second quarter on Friday as higher revenue, stronger transaction activity and continued operational improvements helped narrow losses compared with a year earlier. Shares rose around 1.7% in pre-market trading following the earnings release. Revenue and Transaction Volumes Improve The luxury real estate brokerage posted…
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Atlassian Soars After Earnings as AI Momentum Sparks Software Sector Re-Rating
Atlassian (NASDAQ:TEAM) was indicated more than 30% higher in pre-market trading on Friday after delivering fiscal fourth-quarter results that comfortably exceeded Wall Street expectations, prompting investors to rethink concerns that artificial intelligence could undermine traditional enterprise software providers. The company reported quarterly revenue of $1.77 billion, up 28% from a year earlier and well ahead…