ADVFN US – Market Content Editor
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Silvercorp Metals misses fiscal Q1 earnings estimates as costs rise and China operations pause
Silvercorp Metals Inc. (AMEX:SVM) reported fiscal first-quarter 2027 results on Tuesday that fell short of analyst expectations for both earnings and revenue, despite a sharp year-on-year increase in sales supported by substantially higher silver prices. Adjusted earnings per share came in at $0.21, missing the consensus estimate of $0.27 by $0.06. Revenue reached $138.7 million,…
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Sea Limited shares surge 9% as revenue jumps 48% and Shopee outlook strengthens
Sea Limited (NYSE:SE) shares climbed 8.91% in pre-market trading on Tuesday after the Singapore-based technology group delivered stronger-than-expected second-quarter revenue and highlighted continued momentum across its Shopee, Monee and Garena businesses. Adjusted earnings per share came in at $0.70, below the analyst consensus of $0.83. However, revenue surged 48.1% year-on-year to $7.79 billion, comfortably exceeding…
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BioHarvest Sciences shares surge 11% after major fragrance manufacturing deal
BioHarvest Sciences Inc. (NASDAQ:BHST) shares jumped 11.43% on Tuesday after the company announced its first CDMO manufacturing agreement for a rare botanical fragrance ingredient, alongside second-quarter results showing modest revenue growth and a narrower adjusted loss per share. Second-quarter revenue reached $8.8 million, up 3.8% from $8.5 million a year earlier. Adjusted EPS improved to…
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Elbit Systems shares fall 6% despite Q2 earnings and revenue beat
Elbit Systems Ltd. (NASDAQ:ESLT) shares dropped 6.15% in pre-market trading on Tuesday even after the Israeli defence technology company reported second-quarter earnings and revenue above analyst expectations. Adjusted earnings per share reached $4.14, beating the analyst consensus of $3.24 by $0.90. Revenue increased 16% year-on-year to $2.29 billion from $1.97 billion, also exceeding the $2.22…
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Flowco Holdings shares rise 4% as revenue growth and cash flow offset Q2 earnings miss
Flowco Holdings Inc. (NYSE:FLOC) shares gained 4.66% in pre-market trading on Tuesday even after the oil and gas equipment provider reported second-quarter adjusted earnings below analyst expectations, as strong revenue growth and free cash flow provided more positive signals from the quarter. Adjusted earnings per share came in at $0.28 for the three months ended…
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Barrick Mining appoints Sebastiaan Bock to lead Rest of World operations
Barrick Mining Corporation (NYSE:B) has appointed Sebastiaan Bock as Chief Executive Officer, Rest of World, giving him responsibility for the company’s gold and copper operations and projects outside North America. The appointment takes effect immediately, with Bock reporting directly to Barrick President and Chief Executive Officer Mark Hill. Rest of World portfolio targets more than…
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Ampco-Pittsburgh shares rise 7% as profitability returns and backlog grows
Ampco-Pittsburgh Corporation (NYSE:AP) shares climbed 7.61% in pre-market trading on Tuesday after the company returned to profitability in the second quarter and reported a substantial increase in customer orders and backlog. The company earned $0.07 per share during the quarter, reversing a loss of $0.36 per share in the same period last year. Net sales…
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TSMC and Sony plan $4.69 billion Japan chip venture for next-generation image sensors
TSMC (NYSE:TSM) and Sony Group (NYSE:SONY) are joining forces on a $4.69 billion semiconductor venture in Japan focused on developing and manufacturing next-generation image sensors, with mass production targeted for 2029. The companies announced the agreement on Tuesday, outlining plans for a new manufacturing operation in Kumamoto, southern Japan, where TSMC already operates its Japan…
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YPF shares gain 4% after Q2 earnings and revenue beat expectations
YPF Sociedad Anónima (NYSE:YPF) shares rose 4.12% in pre-market trading on Tuesday after the Argentine energy company delivered second-quarter earnings and revenue above analyst expectations, supported by higher shale production, record refinery processing and stronger international oil prices. Adjusted earnings per share reached $3.07, exceeding the analyst estimate of $2.10 by $0.97. Revenue came in…
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AST SpaceMobile Stock Falls After Q2 Revenue Miss and Wider-Than-Expected Loss
AST SpaceMobile (NASDAQ:ASTS) shares fell 2.8% to $66.82 in pre-market trading after the satellite communications company reported second-quarter 2026 results that missed Wall Street expectations on both revenue and adjusted earnings. The decline extended losses that began after the results were released on the evening of August 10, putting renewed attention on execution and profitability…