Detroit Mayor Mike Duggan credited online gambling taxes helping the city offset losses due to the COVID-19 pandemic. The mayor also predicted that online gaming will help balance the city’s budget for the Financial year 2023which begins in July. How has online gambling helped Detroit? In fiscal year 2021, $26.6Read More →
On-demand manufacturing service provider Fathom Digital Manufacturing (FTHM) revealed that its revenue increased by 133.1% in the fourth quarter of 2021. Fathom’s first financials since its NYSE listing reveal it generated $44.3 million in revenue during the fourth quarter of 2021, more than double the $19 million it brought inRead More →
Materialize NV (NASDAQ: MTLS) reported 26% year-over-year revenue growth in the fourth quarter of FY21 to $64.55 million (€56.99 million), beating consensus of $59.74 million of dollars. EPS of $0.09 beat the consensus of $0.04. Materialize Software segment revenue increased 19.3% year-over-year to €12.2 million, Materialize Medical increased 20.3% toRead More →
Choom Holdings Inc. (CSE:CHOO) (OTCQB:CHOOF) published its financial and operating results for the second quarter of 2022ending December 31, 2021. The Vancouver, BC-based company noted that the second quarter of 2022 was a challenging quarter, with the impacts of the Omicron variant of COVID-19 significantly impacting not only customer traffic,Read More →
NanoString Technologies Inc. (NASDAQ: NSTG) posted sales of $42.45 million in the fourth quarter of FY21, up 17.1% year-on-year, beating analysts’ average estimate of $41.5 million. “We ended 2021 strong, generating over 70 instrument orders in the fourth quarter on GeoMx and CosMx,” said Brad Gray, President and CEO. ThisRead More →
Australia Post (AusPost) reported revenue of A$4.80 billion (US$3.48 billion) for the six months ending December 31, 2021, an increase of 10.4% from one year to the next. This period saw strong parcel volumes but a decline in letter volumes, with the post also struggling with staffing issues related toRead More →
Australia Post today announced first-half revenue of $4.80 billion, up 10.4% year-on-year, driven by the highest parcel volumes in Australia Post’s history. The improvement in the Group’s pre-tax profit of $199.8 million was underlined by asset sales and revaluations, as well as favorable movements in bond yields. Letter revenue ofRead More →
Performance for the half year to December 31, 2021: Group revenue: $4.80 billion, up 10.4% over last year Parcels and services revenue: $3.87 billion, up 13.6% over last year Letter revenue: $935 million, down 1.2% from last year Australia Post today reported first-half revenue of $4.80 billion, up 10.4% year-on-year,Read More →
Image source: DraftKings ProjectKings Inc released what it described as “better than expected” fourth quarter and full year 2021 financial results, reporting significant year-over-year growth in both measurement periods. But while revenue improved year-over-year in both the fourth quarter and the full year, shareholders will be uneasy with mounting netRead More →
(RTTNews) – Arcadis (ARCAY.PK) said its operating EBITA for the year 2021 increased by 9% to €246 million from €226 million the previous year. EBITA operating margin increased to 9.6% from 9.1%. The company said the increase was mainly due to an improvement in EMEs. Organic net revenue growth forRead More →
Text size The time of dreams Shares of Assets received surged early Wednesday after the artificial intelligence lending firm reported fourth-quarter results that shattered Wall Street estimates and it issued an outlook ahead of consensus expectations. Upstart (ticker: UPST) also announced that it would buy back $400 million of itsRead More →
(RTTNews) – Pharmaceutical company Indivior Plc (INDV.L) reported on Wednesday that its fourth quarter net profit was $35 million, compared to a loss of $13 million last year. Earnings per share were 5 cents, compared to a loss of 2 cents a year ago. Adjusted net income was $25 millionRead More →
Vintage Wine Estates Inc. (Nasdaq: VWE), one of the largest wine companies in the United States, announced on Monday that fiscal second-quarter profits fell 7.8% from a year ago, but that adjusted earnings jumped 137% during that period. Quarterly net sales for the group of Santa Rosa-headquartered California and PacificRead More →
MTN and Airtel Nigeria have a combined customer base of 124.5 million, while Vodacom Tanzania has 15.6 million subscribers, giving Mdundo access to a large target audience. “It’s a new source of income for us. When we listed the company in September 2020, we predicted revenue from this revenue streamRead More →
Cannabis Company Organigram Holdings Inc. OGI OGI announced his results for the first quarter ended November 30, 2021. “Our rrecord results in the first quarter of fiscal 2022 demonstrate the success of our strategy to create innovative, high-quality products that align with the evolving preferences of different cannabis consumer segments,”Read More →
Fintech major Paytm saw its revenue surge 89% to Rs 1,456 crore in the December quarter (Q3) on an annual basis, while net loss widened 45% to Rs 778 crore. rupees. However, the company said its contribution profit (defined as operating revenue less payment processing fees, promotionalRead More →
DGAP-News: creditshelf Aktiengesellschaft / Key word(s): Annual results creditshelf: strong revenue growth and significant improvement in EBIT in fiscal year 2021 01.02.2022 / 10:27 The issuer is solely responsible for the content of this announcement. creditshelf: strong revenue growth and significant improvement in EBIT in fiscal year 2021 Group revenueRead More →
DGAP-News: creditshelf Aktiengesellschaft / Key word(s): Annual results01.02.2022 / 10:27 The issuer is solely responsible for the content of this announcement. creditshelf: strong revenue growth and significant improvement in EBIT in fiscal year 2021 [1] Group unaudited preliminary IFRS figures[2] based on EBITDA as well as cash flow from operations,Read More →
Following better than expected fourth quarter 2021 results, the shares of Cullen/Frost Bankers, Inc. The CFR gained 3.99%. The company reported earnings per share of $1.54, beating Zacks consensus estimate of $1.34. The results also compare favorably to the year-ago quarter figure of $1.38 per share. Higher revenue and depositRead More →
By Maria Armental Discover Financial Services posted higher profits and revenue for the December quarter, but the results missed Wall Street projections, sending shares down about 4% in after-hours trading. PROFIT: Fourth-quarter profit rose to $1.07 billion from $799 million a year earlier. On a per share basis, earnings wereRead More →
Gaming Innovation Group (GiG) recorded revenue of €17.0m (£14.5m/$19.7m) for the third quarter of 2021, an increase of 19.7% over at the same time last year. Revenue reported by GiG, however, has been adjusted to not include revenue and costs from an unnamed platform client. He did not name thatRead More →