Baidu Surpasses First Quarter Thanks to Robust Marketing Revenue; Stay invested in…
Baidu, Inc (NASDAQ: BIDU) reported revenue growth of 10% year over year to $4.535 billion in the first quarter of FY23, beating revenue $4.310 billion consensus. Segments: Baidu’s core revenue grew 8% year over year to $3.35 billion; Online marketing revenue grew 6% year over year to $2.42 billion. Revenue from non-online marketing […]
Rockwell Medical posts 22% revenue growth in first quarter and aims for profitability…
Rockwell Medical, Inc. RMTI reported revenue of $19.67 million for the first quarter of FY23. surpassed the consensus of $19.12 million. Revenue increased 22% year over year. The hemodialysis products company reported an EPS loss of $(0.10), beating the Analyst consensus of $(0.16) loss. Efficient manufacturing processes, long-term supply agreements, product purchase […]
FDA recognizes IntelGenx migraine solution as revenue plummets 32%
IntelGenx Technologies Corp. IGXT reported on Thursday, a 32% decline in total revenue for the first quarter of 2023 to $162,000 compared to $237,000 for the same period last year. The company’s overall net loss was $2.9 million, slightly below the loss of $3.0 million in the first quarter of 2022. Adjusted EBITDA loss increased […]
CNH Industrial Q1: 15% revenue growth, better profits, three key…
CNH Industrial NV CNHI reported fiscal 23 first quarter revenue growth of 15% year-on-year to $5.34 billion, +17% on a constant currency basis, beat the consensus of $5.08 billion. Adjusted earnings per share improved to $0.35 from $0.28 in 1Q22, beating the consensus of $0.32. Net sales from Industrial Activities were $4.78 […]
Stellantis Reports 14% Revenue Growth in Q1 Driven by Higher…
Stellantis NV STLA reported Revenue growth of 14% in Q1 FY23 compared to the previous year to 47.2 billion euros. Sales growth was fueled by higher shipments Semiconductor supply improved. Consolidated shipments of 1,476,000 units increased 7% year over year. Sales in North America and greater Europe increased 10% year over […]
Roku’s platform revenue stabilizes as active account count grows, analysts…
shares of Roku Inc ROKU Thursday eased in premarket trading after continuing higher in the previous trading session better than expected quarterly figures. Here are some key analyst takeaways from the conference call. Oppenheimer on Roku Analyst Jason Helfstein reaffirmed an outperform rating and lowered the price target to $75 from $85. Roku platform revenue […]
Truist Financial Clocks 15% Revenue Growth in Q1 – Truist Fin…
Truist Financial Corporation TFC Revenue grew nearly 15% year over year to $6.1 billion in the first quarter, beat the consensus of $6.09 billion. Net interest income increased 22.1% year over year to $3.9 billion for the quarter, while noninterest income increased 4.3% year over year to $2.23 billion. The provision for […]
Indiva’s FY2022 Revenue Grows 6.8% to Record $25.7M and Provides Outlook -…
Indiva Limited NDVAF NDVA reached a RRecord Net Sales for the year ended December 31, 2022 from 34.4 million Canadian dollars ($25.7 million) versus $32.2 million for the year ended December 31, 2021, which included a 6.8% more than in the previous year. Net sales growth was primarily driven by new product launches offset by […]
Northern Technologies Watches 9.1% Revenue Growth In Q2; Predicts NTIC…
Northern Technologies International Corp NTIC reported revenue of $18.27 million for the second quarter of FY23, a year-over-year growth of 9.1%, missing the estimate of $20.40 million. ZERUST revenue increased 10.1% year over year to $14.46 million. The company reported gross profit of $6.40 million, up 28.5% Y/Y, with a margin of 35.0%. […]
Greenlane’s Q4 revenue declines 23% sequentially, the company weighs a -…
Greenlane Holdings, Inc., GNLN a leading global retailer of high-end cannabis accessories, child-resistant packaging and specialty vaporization products, reported its financial results as of late Monday for the fourth quarter and full year ended December 31, 2022. highlights The company’s total revenue for 2022 declined 17.4% to $137.1 million compared to $166.1 million in 2021. […]