Category: Latest News
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Kornit Digital tops revenue and earnings expectations in first quarter (KRNT)
Kornit Digital (NASDAQ:KRNT) reported first-quarter results on Wednesday that exceeded Wall Street expectations on both revenue and earnings, although the company’s shares slipped slightly in after-hours trading following the announcement. The stock edged down 0.44% after the results were released. Revenue and earnings come in ahead of forecasts Kornit posted adjusted earnings per share of…
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Caesarstone tops earnings forecasts while revenue misses expectations (CSTE)
Caesarstone (NASDAQ:CSTE) reported first-quarter results on Wednesday that came in ahead of analyst expectations on earnings, although revenue fell short as the company continued restructuring operations in a difficult market environment. The company’s shares showed little movement in after-hours trading following the earnings release. Revenue declines amid softer global demand Caesarstone posted an adjusted loss…
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Compass Pathways jumps after earnings beat and accelerated FDA review progress (CMPS)
Shares of Compass Pathways (NASDAQ:CMPS) climbed nearly 8% in premarket trading on Wednesday after the company reported first-quarter results that exceeded analyst expectations and highlighted important regulatory advances for its COMP360 psilocybin-based treatment. Earnings outperform as company advances toward approval Compass Pathways posted adjusted earnings per share of -$0.30 for the quarter, beating analyst forecasts…
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Valens Semiconductor tops earnings forecasts but revenue comes in light (VLN)
Valens Semiconductor (NYSE:VLN) reported first-quarter results on Wednesday that beat analyst expectations on earnings but fell short on revenue, while the company also issued softer-than-expected guidance for the current quarter. Shares edged up 0.37% in premarket trading following the earnings release. Earnings outperform despite revenue miss The connectivity chipmaker posted an adjusted loss of $0.05…
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Eos Energy shares jump after Cerberus deal and stronger-than-expected Q1 results (EOSE)
Shares of Eos Energy Enterprises (NASDAQ:EOSE) surged more than 23% in premarket trading on Wednesday after the company announced a strategic partnership with Cerberus Capital Management and reported first-quarter results that topped analyst expectations. Eos and Cerberus launch energy storage joint venture Eos and Cerberus revealed plans to create Frontier Power USA, a joint venture…
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Dynatrace shares slide despite quarterly earnings beat (DT)
Shares of Dynatrace (NYSE:DT) dropped more than 10% in premarket trading on Wednesday even after the software group reported quarterly earnings and revenue above Wall Street expectations. Revenue and earnings top analyst forecasts Dynatrace posted fourth-quarter adjusted earnings per share of $0.41, exceeding analyst expectations of $0.39 per share. Quarterly revenue reached $532 million, ahead…
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Bouygues Telecom lowers acquisition costs using Perion AI platform (PERI)
Bouygues Telecom (EU:EN) has integrated an AI-powered advertising solution from Perion Network (NASDAQ:PERI) into its marketing operations, helping reduce customer acquisition costs by 34% and lowering campaign carbon intensity by 51%, according to a statement released by Perion. The telecoms operator, which serves more than 30 million customers, deployed Perion’s Outmax AI agent as part…
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National Vision shares climb after profit tops expectations despite slight revenue shortfall (EYE)
Shares of National Vision Holdings (NASDAQ:EYE) rose 5.3% in premarket trading on Wednesday after the company reported first-quarter earnings that exceeded analyst forecasts, even though revenue came in slightly below expectations. Investors appeared encouraged by improved profitability and stronger operating margins during the quarter. Earnings beat estimates as profitability improves National Vision posted adjusted earnings…
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Boyd Group reports first-quarter revenue and earnings below expectations (BGSI)
Boyd Group Services (NYSE:BGSI) released first-quarter results on Wednesday that came in below Wall Street forecasts, although the company continued to post record adjusted EBITDA and expanded its operating footprint significantly through acquisitions. The stock was little changed in after-hours trading following the earnings release, edging up just 0.02%. Earnings and revenue miss analyst forecasts…
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Alibaba shares retreat after quarterly revenue falls short of forecasts despite cloud and AI momentum (BABA)
Shares of Alibaba Group (NYSE:BABA) moved lower in U.S. premarket trading on Wednesday after the company posted quarterly revenue that came in slightly below analyst expectations, even as its cloud computing and artificial intelligence operations continued to deliver strong growth. Alibaba reported revenue of 243.4 billion yuan for the quarter ended March 31, representing a…