We are just two weeks away from the second quarter earnings season, and the lull phase of the first quarter reporting is slowly coming to an end. In the last week of June, eight S&P companies disclosed their earnings. Here is a quick glance at the financial results that wereContinue Reading
Roman Tiraspolsky/iStock Editorial via Getty Images Jefferies’ (NYSE:JEF) stronger-than-expected fiscal Q2 results indicate an improving outlook for investment banking among big lenders, Wells Fargo (WFC) analyst Mike Mayo wrote in a Friday note. Shares of New York-based Jefferies (JEF) extended gains from Thursday’s spike, advancing 3% in late morning trading,Continue Reading
Boardwalktech Software press release (OTCQB:BWLKF): FY Revenue of $6M (-7.7% Y/Y) misses by $0.19M. Gross margin for Fiscal 2024 was 89.6%, comparable with 90.6% in Fiscal 2023. Reported IFRS loss was $(3.1) million in Fiscal 2024, or $(0.6) per basic and diluted share, a 13% improvement versus a $(3.6) millionContinue Reading
Medexus Pharmaceuticals press release (OTCQX:MEDXF): Q4 Adjusted EBITDA of $4.4 million in fiscal Q4 2024, a decrease of $0.4 million, or 8.8%, compared to $4.8 million in fiscal Q4 2023. Adjusted net income of $0.8 million for fiscal Q4, 2024. Revenue of $26M (-9.1% Y/Y) misses by $0.68M. Available liquidity ofContinue Reading
Raymond James trimmed its price target for the major less-than-truckload (LTL) freight carriers (FDX, SAIA, XPO, ODFL) but maintained a bullish outlook as the overall tonnage environment seems to have returned to more historical patterns given that March was the first time in more than 2 years that public LTLContinue Reading
kodda/iStock via Getty Images Africa Oil (TSX:AOI:CA) has repurchased a total of 1,081,800 Africa Oil common shares during the period of June 17, 2024, to June 21, 2024, under the previously announced share buyback program, it said on Monday. The transaction consolidates ownership in core cash generating assets and bringsContinue Reading
