Cash: 10.8% increase in revenue collected in February before the impending slowdown in growth (TENTON) – The Treasury Department said revenue collected in February for major taxes was $3.038 billion, up $294.9 million, or 10.8% from last February. Year-to-date, total recoveries of $25.850 billion were up $4.357 billion, or 20.3%Read More →
(Yicai Global) Mar 10 – Shares of KE Holdings surged after China’s largest online real estate agency reported an increase in revenue last year, despite turning profits into a net loss of 525 million of CNY (82 million), mainly due to higher personnel expenses, provision for credit losses and impairmentRead 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 →
globus Medical (GMED) exited with quarterly earnings of $0.49 per share, beating Zacks consensus estimate of $0.48 per share. That compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.08%. A quarter ago, thisRead 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 →
(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 →
Ardmore Shipping Corp. CSA reported fourth-quarter revenue growth of 25.7% year-over-year to $52.46 million. Adjusted EPS loss improved to ($0.25) vs. $(0.39) in 4Q20, missing the consensus of ($0.24). Ardmore Shipping’s cash used in operating activities was $2.88 million, compared to cash generated of $46.09 million aRead 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 →
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 →
Mumbai: Food delivery giant Swiggy saw its consolidated operating revenue drop 26.6% year-on-year to Rs 2,547 crore for the fiscal year ending March 2021, even as the he company was diversifying beyond food to grow its fast-paced commerce business. Its net losses shrank nearly 59% from a year earlier toRead 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 →
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 →
kool99/E+ via Getty Images Microchip Technology (MCHP) is a mid-growth semiconductor company with significant long-term growth opportunities. I expect the company’s revenue to grow at a high single-digit CAGR over the next five years, driven by growing demand for its FPGA and microcontroller products. The company will also be ableRead More →
Next year’s proposed general fund budget for the city of Little Rock would keep spending essentially flat, with revenues and expenses balanced at about $222 million, Little Rock board members said during a meeting. of a budget presentation on Tuesday. Compared to the original 2021 general fund budget of $210Read 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 →