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Unicycive Therapeutics shares rise after second-quarter loss beats forecasts
Unicycive Therapeutics, Inc. (NASDAQ:UNCY) shares gained 2.00% in premarket trading on Wednesday after the clinical-stage biotechnology company reported a second-quarter loss that was considerably narrower than Wall Street expected. The company posted a loss of $0.06 per share for the quarter, compared with the analyst consensus forecast for a loss of $0.48 per share. Unicycive,…
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Local Bounti shares fall after second-quarter revenue misses forecasts
Local Bounti Corporation (NYSE:LOCL) shares fell 4.76% in premarket trading after the indoor agriculture company reported second-quarter revenue and adjusted earnings below Wall Street expectations, despite delivering year-on-year sales growth and reducing its losses. Revenue reached $13.9 million, well below the analyst consensus estimate of $22 million. The company reported an adjusted loss of $0.68…
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Madison Square Garden Entertainment shares rise after Q4 results beat forecasts
Madison Square Garden Entertainment Corp. (NYSE:MSGE) shares gained 3.31% in premarket trading on Wednesday after the live entertainment company reported fiscal fourth-quarter earnings and revenue above Wall Street expectations. The company posted a quarterly loss of $0.21 per share, considerably narrower than the analyst consensus forecast for a loss of $0.58 per share. Revenue climbed…
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Annexon shares fall as second-quarter loss exceeds Wall Street forecasts
Annexon, Inc. (NASDAQ:ANNX) shares declined 6.37% in premarket trading on Wednesday after the biopharmaceutical company reported a wider-than-expected second-quarter loss as spending increased across its late-stage clinical programmes. For the quarter ended June 30, Annexon recorded a loss of $0.28 per share, compared with the Wall Street consensus estimate for a loss of $0.24 per…
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BETA Technologies shares fall after wider-than-expected second-quarter loss
BETA Technologies, Inc. (NYSE:BETA) shares fell 4.47% in premarket trading on Wednesday after the aerospace and defence company reported a second-quarter loss that was wider than Wall Street had anticipated. For the quarter ended June 30, 2026, BETA posted an adjusted loss of $0.64 per share, compared with the analyst consensus for a loss of…
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Boyd Group Services misses Q2 forecasts despite strong revenue and EBITDA growth
Boyd Group Services Inc. (NYSE:BGSI) reported second-quarter earnings and revenue below Wall Street expectations on Wednesday, despite delivering substantial year-on-year growth and surpassing $1 billion in quarterly revenue for the first time. Adjusted earnings per share came in at $0.80, missing the consensus estimate of $0.99 by $0.19. Revenue reached $1.01 billion, below the $1.03…
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Lockheed Martin demonstrates AI-powered drone detection system using 5G networks
Lockheed Martin (NYSE:LMT), Verizon (NYSE:VZ), Keysight Technologies (NYSE:KEYS), ODC and Astris AI completed a live demonstration of the NetSense Airspace Awareness-as-a-Service platform in the Miami area in July, showcasing technology designed to detect and monitor drones using existing 5G infrastructure. The system combines Verizon’s 5G network spectrum with ODC’s AI-native Radio Access Network software, Nvidia’s…
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Reed’s shares rise as cost improvements offset weaker second-quarter revenue
Reed’s Inc. (AMEX:REED) shares gained 6.88% in premarket trading on Wednesday despite the beverage company reporting second-quarter revenue and adjusted earnings below Wall Street expectations, as investors focused on improving margins and lower operating costs. Revenue fell 21% year on year to $7.5 million from $9.5 million, missing the analyst consensus estimate of $9.62 million.…
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Valens Semiconductor shares surge after company raises full-year guidance
Valens Semiconductor Ltd. (NYSE:VLN) shares soared 16.07% in premarket trading on Wednesday after the connectivity chipset company raised its full-year 2026 outlook, overshadowing a marginal second-quarter revenue miss. The company reported an adjusted loss per share of $0.04, in line with analyst expectations. Revenue reached $18.1 million, slightly below the consensus estimate of $18.13 million…
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Amcor beats quarterly forecasts as investors weigh transition-period outlook
Amcor plc (NYSE:AMCR) reported fiscal fourth-quarter earnings and revenue above Wall Street expectations on Wednesday, although the shares remained broadly flat as investors assessed the packaging group’s outlook during its transition to a new financial year-end. Amcor shares edged 0.89% lower in premarket trading following the announcement. For the quarter ended June 30, 2026, adjusted…