BlackRock press release (NYSE:BLK): Q2 Non-GAAP EPS of $10.36 beats by $0.40. Revenue of $4.81B (+7.8% Y/Y) beats by $30M. 8% increase in revenue year-over-year, primarily driven by the positive impact of markets on average AUM, organic base fee growth, and higher performance fees and technology services revenue. $139 billionContinue Reading
Telefonaktiebolaget LM Ericsson press release (NASDAQ:ERIC): Q2 GAAP EPS of -SEK3.34. Revenue of SEK59.8B (-7.1% Y/Y). Adjusted EBITA was SEK 4.1B, with a 6.8% margin. Free cash flow before M&A was SEK 7.6B. Gross cash increased sequentially by SEK1.7B to SEK 53.7B. “We expect market conditions to remain challenging thisContinue Reading
Polar Power (NASDAQ:POLA) expects to report revenues between $4.5 million and $5.0 million for the second quarter of 2024, and a backlog of approximately $5.5 million for the quarter end. Additionally, the company has received approximately $2.9 million in Tax refunds and Employee Retention Credits payments applied for in priorContinue Reading
PepsiCo press release (NASDAQ:PEP): Q2 Non-GAAP EPS of $2.28 beats by $0.12. Revenue of $22.5B (+0.8% Y/Y) misses by $100M. For 2024, the Company now expects: Approximately 4 percent organic revenue growth (previously at least 4%). In addition, the Company continues to expect: At least 8 percent increase in coreContinue Reading
Stolt-Nielsen press release (OTCPK:SOIEF): Q2 GAAP EPS of $1.87. Revenue of $741.15M (+2.7% Y/Y) beats by $28.78M. The STJS average time-charter equivalent revenue was $32,862 per operating day, up 6.4% from $30,880. Stolt-Nielsen Limited consolidated EBITDA1 of $207.9 million, up from $82.5 million. At Stolt Tank Containers, shipment volumes continuedContinue Reading
moxiecreative Ahead of the CEO Investor Summit, Aehr Test Systems (NASDAQ:AEHR) stock was up 14.3% in premarket trade on Wednesday after it reported preliminary financial results for its fourth quarter and fiscal year 2024 and said that its FY24 revenue and net income exceed its previously provided guidance. For itsContinue Reading
Apple’s (NASDAQ:AAPL) global App Store revenue increased 13% year over year to $7.5B during Q3 fiscal 2024 as the European Union’s Digital Markets Act has done little to dampen growth. “One-hundred-twenty-three days into the compliance date for Apple, there seems to be minimal effects on downloads of web browsers,” saidContinue Reading
Ivan-balvan/iStock via Getty Images Wallbox (NYSE:WBX) said its preliminary second quarter revenue was about €49 million, which is a nearly 50% year-over-year growth. The firm benefited from a robust U.S. market, which experienced over 65% year-over-year revenue growth from increased sales of home AC chargers and public DC fast chargers.Continue Reading
SemiLEDs press release (NASDAQ:LEDS): Q3 GAAP EPS of -$0.06. Revenue of $1.32M (-21.4% Y/Y). The company’s cash and cash equivalents were $1.7 million at May 31, 2024, compared to $1.6 million at the end of the second quarter of fiscal 2024. Outlook: The company expects revenue for the fourth quarterContinue Reading
simarik Property technology platform Ohmyhome (NASDAQ:OMH) said it anticipates H1 2024 revenue to grow by more than 110% from last year. The 2024 consensus revenue estimate is $9.44M. The brokerage segment is expected to report a 53% Y/Y growth in the gross transaction value. The renovation segment is said toContinue Reading
