ADVFN US – Market Content Editor
-
Cardinal Infrastructure Shares Fall 33% as Q3 Loss and Margin Decline Offset Revenue Growth
Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) shares declined 33% in pre-market trading on Thursday after the company reported a third-quarter loss that missed analyst expectations and withdrew its full-year financial guidance. For the quarter ended September 30, 2026, Cardinal reported a loss of $0.21 per share, compared with analyst expectations for earnings of $0.41 per share.…
-
Wolverine World Wide Raises FY2026 Guidance as Q3 Revenue Rises 7.5% to $505.4 Million
Wolverine World Wide, Inc. (NYSE:WWW) reported third-quarter earnings and revenue above analyst expectations on Thursday and raised its full-year 2026 financial guidance, supported by sales growth across its principal footwear brands. The company’s shares advanced 4.9% following the announcement. Adjusted earnings per share reached $0.79, exceeding the analyst consensus estimate of $0.46. Revenue increased 7.5%…
-
Bit Digital Shares Fall 9.29% as Q3 Revenue Declines 11% Despite Earnings Beat
Bit Digital Inc. (NASDAQ:BTBT) shares declined 9.29% in pre-market trading on Thursday after the company reported third-quarter revenue below analyst expectations, despite exceeding earnings forecasts. For the quarter ended September 30, 2026, Bit Digital reported adjusted earnings per share of $0.08, compared with an analyst consensus estimate of a $0.05 loss per share. Revenue declined…
-
Forgent Power Shares Fall 4.35% Despite 69% Revenue Growth and Higher FY2027 Guidance
Forgent Power Solutions, Inc. (NYSE:FPS) shares declined 4.35% in pre-market trading on Thursday after the electrical distribution equipment manufacturer reported first-quarter fiscal 2027 results above expectations and raised its annual financial guidance. For the quarter ended September 30, 2026, revenue increased 69% to $479 million from $283 million a year earlier, while adjusted earnings per…
-
Fermi Secures $200 Million Hyperscaler Prepayment Agreement, Reports $141.6 Million Q3 Net Loss
Fermi Inc. (NASDAQ:FRMI) announced agreements with an unnamed investment-grade hyperscale customer to develop 600 megawatts (MW) of power capacity at its Project Matador site in Texas, while reporting a third-quarter net loss of $141.6 million. The agreements include a $200 million prepayment associated with the proposed 600 MW development, scheduled to begin in 2027, and…
-
A new take on fintech: Building value beyond payments
Across industries ranging from agriculture and mining to payments and logistics, businesses continue to grapple with a common challenge: trust. Whether it is verifying the origin of a product, tracking materials through a supply chain, or ensuring payments reach the right parties, organizations are increasingly looking for technology that can create transparency while reducing friction.…
-
Eli Lilly Shares Rise 2.8% After China Approves Orforglipron Weight-Loss Pill
Eli Lilly (NYSE:LLY) shares advanced 2.8% in pre-market trading on Thursday after China’s medicines regulator approved the company’s oral weight-loss treatment, orforglipron, expanding its presence in the country’s obesity treatment market. The approval allows Lilly to introduce an oral alternative to injectable GLP-1 treatments in China, where it will compete with products from Novo Nordisk,…
-
Tuya Smart Launches Open-Source Integration for Meta Muse AI Agent to Control Smart Home Devices
Tuya Smart (NYSE:TUYA) has introduced Tuya Cloud Devices, an open-source software skill designed to enable Meta’s (NASDAQ:META) Muse artificial intelligence agent to monitor and control compatible smart home devices through natural-language commands. The integration, named gadget-tuya-cloud-devices, connects to Tuya’s cloud infrastructure using a single API key. According to the company, it does not require local…
-
National Vision Reports Higher Q3 Earnings but Lowers Comparable Sales Growth Outlook
National Vision Holdings, Inc. (NASDAQ:EYE) reported third-quarter adjusted earnings above analyst expectations on Thursday, although revenue fell slightly short of forecasts and the optical retailer issued fiscal 2026 guidance below market estimates. Shares declined approximately 0.5% in pre-market trading following the announcement. Adjusted earnings per share increased to $0.30 from $0.13 a year earlier, exceeding…
-
Foxconn Reports 34% Rise in Quarterly Profit to T$77.5 Billion, Expects Continued AI Demand
Foxconn (USOTC:FXCOF), the Taiwanese electronics manufacturer and major supplier to Nvidia and Apple, reported a 34% increase in third-quarter net profit on Thursday, exceeding market expectations, while forecasting continued growth in artificial intelligence-related demand despite supply chain constraints. Net profit for the July-to-September period reached T$77.5 billion ($2.35 billion), compared with an LSEG analyst consensus…