Category: Latest News
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Korn Ferry Q1 earnings beat estimates as Q2 EPS guidance falls below consensus
Korn Ferry (NYSE:KFY) reported first-quarter fiscal 2027 earnings and fee revenue above analyst expectations on Wednesday, while its adjusted earnings guidance for the second quarter came in below consensus. The global consulting firm reported adjusted earnings per share of $1.43, exceeding the analyst consensus estimate of $1.36. Fee revenue increased 7% year over year to…
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Signet shares rise 9% after Q2 earnings beat and higher annual guidance
Signet Jewelers (NYSE:SIG) shares rose about 9% in premarket trading on Wednesday after the jewellery retailer reported second-quarter adjusted earnings above analyst expectations and raised its full-year profit guidance. Adjusted earnings per share were $2.19, compared with the analyst consensus estimate of $1.72. Revenue totalled $1.5 billion, broadly in line with the $1.53 billion consensus…
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Compass Pathways reports 52-week Phase 3 COMP005 results for COMP360
Compass Pathways plc (NASDAQ:CMPS) reported 52-week topline results from Part C of its Phase 3 COMP005 trial evaluating COMP360, its synthetic psilocybin formulation, in treatment-resistant depression. The open-label portion of the study covered Week 26 through Week 52 and included approximately 70% of the original 258 U.S. participants. Among participants originally assigned to the 25…
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Flotek raises 2026 revenue guidance to $360 million-$370 million
Flotek Industries, Inc. (NYSE:FTK) raised its full-year 2026 revenue and Adjusted EBITDA guidance, citing higher-than-expected international chemistry sales. The Houston-based company now expects total revenue of between $360 million and $370 million for 2026, compared with its previous guidance range of $340 million to $350 million issued on August 4. Adjusted EBITDA is forecast at…
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Roku and NFL expand NFL Zone to Canada, Mexico and Brazil
Roku (NASDAQ:ROKU) and the National Football League are expanding NFL Zone, the league’s content hub within the Roku Sports experience, to Canada, Mexico and Brazil. The expansion extends NFL Zone beyond the U.S. and follows the rollout of Roku Sports in Mexico in 2025 and in Canada and Brazil earlier this year. NFL Zone brings…
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Sysco raises mid-term growth targets and outlines $500 million AI efficiency programme
Sysco Corporation (NYSE:SYY) reaffirmed its fiscal 2027 financial guidance and increased its growth targets for fiscal 2028 and 2029, while announcing a multi-year artificial intelligence efficiency programme targeting at least $500 million in savings. The foodservice distribution company provided the updated targets ahead of its presentation at the Barclays 19th Annual Global Consumer Staples Conference…
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Chime Financial shares rise 10.5% after $590 million Stride Bank acquisition agreement
Chime Financial (NASDAQ:CHYM) shares rose 10.5% in premarket trading on Wednesday after the company announced a definitive agreement to acquire Stride Bank, N.A. for $590 million in cash and raised its revenue guidance. Stride Bank has served as Chime’s primary banking partner for more than seven years. Following completion of the transaction, the bank is…
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Braze shares fall 11% as third-quarter earnings guidance misses estimates
Braze Inc (NASDAQ:BRZE) shares fell about 11% in premarket trading on Wednesday after the customer engagement platform issued third-quarter adjusted earnings guidance below analyst expectations, despite reporting second-quarter results ahead of estimates. The company reported second-quarter adjusted earnings per share of $0.19, compared with the analyst estimate of $0.15. Revenue increased 26% year over year…
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GameStop Q2 earnings exceed estimates as collectibles sales rise 57%
GameStop Corp. (NYSE:GME) reported second-quarter adjusted earnings per share of $0.27, above the analyst consensus estimate of $0.19, while revenue exceeded expectations despite declining from the prior-year period. Revenue was $790.2 million, compared with the analyst estimate of $756.8 million and $972.2 million in the second quarter a year earlier, representing a year-over-year decline of…
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Apple expected to unveil first foldable iPhone under new CEO John Ternus
Apple (NASDAQ:AAPL) is expected to introduce its first foldable iPhone at a product event on Wednesday at the company’s headquarters in Cupertino, California, according to the supplied report. The event would mark the first major iPhone launch under new Chief Executive John Ternus and could represent one of the most significant design changes to Apple’s…