ADVFN US – Market Content Editor
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GDS Holdings slips 2% after fourth-quarter revenue misses expectations
GDS Holdings Limited (NASDAQ:GDS) reported fourth-quarter results that fell short of revenue forecasts, sending the company’s shares down about 2% even as earnings exceeded analyst estimates. The Chinese data center operator recorded quarterly revenue of RMB2.88 billion, below the analyst consensus estimate of RMB2.94 billion. At the same time, the company posted adjusted earnings per…
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Delta Air Lines shares climb in premarket after higher Q1 revenue outlook
Delta Air Lines (NYSE:DAL) shares gained about 4.6% in premarket trading Monday after the airline lifted its revenue outlook for the first quarter. The carrier now anticipates revenue growth in the high-single-digit range for the quarter, compared with its earlier forecast of 5% to 7% growth. Delta added that it still expects earnings to fall…
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Stryker says cyberattack contained, prioritizes restoring customer-facing systems
Medical technology company Stryker (NYSE:SYK) said Tuesday it has contained a cyberattack that disrupted parts of its operations and is now focused on restoring systems tied to customer support, order processing and shipping. The company said the incident began on March 11 and temporarily affected several operational functions, including order management, manufacturing and product shipments.…
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Cycurion rejects false acquisition announcement, hires legal counsel
Cycurion Inc. (NASDAQ:CYCU) said a press release circulating about a supposed $150 million acquisition agreement was fraudulent and not authorized by the company. The cybersecurity firm, based in McLean, Virginia, added that the statement also listed a fictitious investor relations contact. According to the company, its shares traded in a volatile range between roughly $1.00…
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Citi Trends shares jump 15% after strong Q4 results and upbeat profit forecast
Citi Trends Inc. (NASDAQ:CTRN) posted fourth-quarter results that topped analyst expectations and issued a fiscal 2026 outlook pointing to a sharp increase in profitability, sending its shares up about 15%. The off-price retailer reported adjusted earnings of $0.88 per share for the quarter, significantly exceeding the analyst consensus of $0.47 by $0.41. Revenue came in…
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Atour Lifestyle shares tick up as revenue climbs more than 33% year over year
Atour Lifestyle Holdings Limited (NASDAQ:ATAT) reported fourth-quarter results showing strong revenue growth, driven largely by the continued expansion of its retail segment. The company’s shares rose about 1.5% following the announcement. The Chinese lifestyle and hospitality group generated fourth-quarter revenue of $398.65 million, while adjusted earnings per ADS reached $0.48. Net revenues rose to RMB2,788…
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POET Technologies teams up with Lessengers to develop 1.6T optical transceivers
POET Technologies Inc. (NASDAQ:POET) has entered into a joint development agreement with Lessengers to create 1.6T 2×DR4 optical transceiver modules designed for artificial intelligence computing clusters and hyperscale data center networks. The partnership will combine POET’s optical engines, built using its Optical Interposer platform, with Lessengers’ Direct Optical Wiring technology. The new transceiver design will…
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JetBlue updates Q1 2026 outlook following weather disruptions
JetBlue Airways Corporation (NASDAQ:JBLU) has revised its financial outlook for the first quarter of 2026, pointing to operational disruptions caused by winter storms as well as higher fuel costs, which partially offset stronger-than-expected travel demand. The airline said two major winter weather events in January and February disrupted operations and reduced capacity compared with earlier…
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Steel Dynamics forecasts Q1 2026 earnings of $2.73–$2.77 per share
Steel Dynamics Inc. (NASDAQ:STLD) announced first-quarter 2026 earnings guidance of $2.73 to $2.77 per diluted share in a statement released Monday. The projected range marks a notable increase from the company’s fourth-quarter 2025 earnings of $1.82 per diluted share and from $1.44 per diluted share reported in the first quarter of the previous year. The…
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Frontier Group revises Q1 2026 outlook amid higher fuel costs and storm disruptions
Frontier Group Holdings Inc. (NASDAQ:ULCC) has updated its guidance for the first quarter of 2026, noting stronger-than-expected revenue trends but also highlighting rising jet fuel costs and operational challenges linked to Winter Storm Iona. The airline holding company said it now expects an adjusted diluted loss per share between $0.32 and $0.44 for the quarter,…