ADVFN US – Market Content Editor
-
Supermicro shares climb after debuting new AMD-powered AI server
Super Micro Computer Inc. (NASDAQ:SMCI) jumped 6.3% in premarket trading Thursday after unveiling its newest AI-focused server, a 10U air-cooled system equipped with AMD’s Instinct MI355X GPUs. The company said the new model targets enterprises that need top-tier AI compute capabilities without shifting to liquid cooling. Supermicro highlighted that the system offers up to four…
-
Maximus climbs nearly 3% after posting an earnings beat and outlining a strong FY2026 forecast
Maximus, Inc. (NYSE:MMS) traded higher on Thursday after the government services contractor delivered better-than-expected quarterly results and offered an upbeat outlook for the year ahead. Shares rose 2.88% in pre-market activity following the announcement. For the fiscal fourth quarter, Maximus reported adjusted EPS of $1.62, comfortably topping Wall Street’s $1.47 estimate. Quarterly revenue reached $1.32…
-
Youdao shares slip as Q3 earnings and revenue fall short of forecasts
Youdao, Inc. (NYSE:DAO), the digital learning arm of NetEase, came under pressure Thursday after the company delivered third-quarter results that failed to meet analyst expectations. Shares slid 2.26% in premarket trading following the announcement. The company reported adjusted earnings of RMB0.08 per share, far below the consensus estimate of RMB0.76. Revenue totaled RMB1.63 billion, missing…
-
ZIM shares tick higher as the carrier tops profit forecasts despite steep rate drops
ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) saw its stock inch up in premarket trading Thursday after the container carrier delivered third-quarter earnings that beat Wall Street estimates, even as it grappled with sharply lower freight prices and reduced shipping volumes. Shares were up 0.96% after ZIM reported adjusted earnings of $1.02 per share, ahead of…
-
Cato Corp drops nearly 6% after Q3 results fall short despite narrower loss
Cato Corporation (NYSE:CATO) shares declined sharply in premarket trading Thursday after the apparel retailer posted third-quarter results that, while improved from last year, still failed to meet market expectations. The stock slid 5.85% after Cato reported a quarterly net loss of –$0.28 per share, a notable improvement from the –$0.79 loss recorded in the same…
-
Construction Partners drops 4% as Q4 profit miss outweighs strong revenue surge
Construction Partners, Inc. (NASDAQ:ROAD) slid in premarket trading on Thursday after the company’s latest quarterly results showed a profit shortfall, overshadowing an otherwise strong top-line performance. Shares were down 4.69% after the civil infrastructure specialist reported adjusted fourth-quarter earnings of $1.02 per share, below Wall Street’s $1.09 estimate. Revenue, however, reached $899.5 million, comfortably ahead…
-
Evogene shares climb 5% as cost reductions help deliver earnings beat
Evogene Ltd. (NASDAQ:EVGN) traded sharply higher on Thursday after the company posted third-quarter results that topped profit expectations, even as revenue came in well below forecasts. Shares of the computational chemistry and AI-driven small-molecule design firm rose 5.13% in premarket trading following the announcement. For the quarter, Evogene reported a net loss of $0.31 per…
-
Vizsla Silver shares drop as company prices $250 million convertible notes offering
Vizsla Silver Corp. (AMEX:VZLA) saw its stock tumble on Thursday after announcing the pricing of a $250 million issue of convertible senior unsecured notes. The stock slid 13% in premarket trading, falling to $4.05 compared with Wednesday’s close of $4.67. The notes carry an interest rate of 5.00%, mature in 2031, and can initially be…
-
Shoe Carnival shares inch higher as Q3 revenue tops forecasts
Shoe Carnival, Inc. (NASDAQ:SCVL) traded modestly higher in premarket action Thursday after the footwear retailer delivered third-quarter results that beat revenue expectations while matching Wall Street’s earnings forecast. The company reported Q3 revenue of $297.2 million, slightly above the consensus estimate of $295.7 million, though sales were down 3.2% from the year-ago period. Shares rose…
-
Bath & Body Works plunges 16% after trimming outlook and missing Q3 expectations
Bath & Body Works (NYSE:BBWI) saw its shares tumble in premarket trading on Thursday, sliding more than 16% after the retailer lowered its full-year guidance and delivered third-quarter results that fell short of Wall Street forecasts. For Q3, the company posted earnings of $0.35 per share, missing analysts’ expectations of $0.40, while revenue came in…