Category: Latest News

Zenvia Inc. (NASDAQ:ZENV) announced that it has informed Nasdaq of its intention to voluntarily delist its Class A common shares from the Nasdaq Capital Market and plans to deregister with the U.S. Securities and Exchange Commission, according to a company press release issued today. The decision was approved by the company’s board of directors following…

Incannex Healthcare Inc. (NASDAQ:IXHL) announced Monday that its board of directors has authorized a 1-for-30 reverse stock split of the company’s common shares, according to a company press release. The reverse split will become effective at 4:01 p.m. Eastern Time on Thursday, with trading set to begin on a split-adjusted basis the following Friday under…

Intuitive Machines Inc. (NASDAQ:LUNR) shares dropped 13.3% in premarket trading on Wednesday, even after the company announced a $175 million strategic equity investment backed by global institutional investors. The space infrastructure and services firm said the new capital will be used to accelerate revenue growth initiatives and fund further development of communications and data processing…

ASML (NASDAQ:ASML) said artificial intelligence is now expected to be the primary engine of future sales growth, highlighting the technology’s rapidly expanding role in shaping demand for advanced semiconductor manufacturing equipment. The Dutch company, the world’s leading supplier of lithography systems used to produce cutting-edge chips, previously believed AI would represent only a “limited portion”…

Astec Industries Inc. (NASDAQ:ASTE) reported fourth-quarter results on Wednesday that exceeded analyst expectations, supported by strong revenue growth, sending shares nearly 6% higher in pre-market trading. The company posted adjusted earnings per share of $1.06, comfortably above the consensus forecast of $0.80 by $0.26. Quarterly revenue reached a record $400.6 million, surpassing analyst estimates of…

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) reported mixed fourth-quarter results on Wednesday, with revenue surpassing expectations while adjusted earnings missed analyst forecasts and full-year guidance came in below consensus estimates. Shares rose 1.40% in pre-market trading following the announcement. The behavioral healthcare provider generated fourth-quarter revenue of $821.5 million, representing a 6.1% year-over-year increase and exceeding…

Oddity Tech (NASDAQ:ODD) shares tumbled on Wednesday after the company disclosed a sudden issue involving its largest advertising partner, which has sharply increased customer acquisition costs (CAC) and is expected to weigh heavily on near-term revenue. The stock dropped more than 36% in premarket trading by 07:33 ET following the announcement. According to the company,…

Hayward Holdings, Inc. (NYSE:HAYW) reported fourth-quarter results that came in ahead of analyst forecasts, supported by steady demand and pricing gains, though shares were little changed in after-hours trading following the announcement. The pool equipment manufacturer posted adjusted earnings per share of $0.29, slightly above the consensus estimate of $0.28. Quarterly revenue reached $349.4 million,…

Alkermes plc (NASDAQ:ALKS) reported fourth-quarter results on Wednesday that surpassed revenue expectations but fell short on earnings, with shares climbing more than 3% in after-hours trading as investors focused on sales momentum and forward guidance. The biopharmaceutical company generated quarterly revenue of $384.5 million, slightly ahead of the consensus estimate of $383.07 million. Adjusted earnings…

Bloomin’ Brands, Inc. (NASDAQ:BLMN) reported fourth-quarter results on Wednesday that topped earnings expectations but came in slightly below revenue forecasts, sending shares modestly higher in after-hours trading. The casual dining operator posted adjusted earnings per share of $0.26, exceeding the analyst consensus estimate of $0.24. Following the announcement, the company’s shares gained 2.21% in extended…