Tag: sales

InMed Pharmaceuticals shares trade higher with third-quarter sales up 234% as…

InMed Pharmaceuticals Inc. INM has released its financial results for the third quarter of fiscal 2023 ended March 31, 2023 and is insightful sales of 1 million US dollars, a 234% increase compared to $309,585 in the third quarter of 2022. Financial Highlights of the Third Quarter of Fiscal Year 2023 Gross profit […]

Planet 13 reports Q1 loss, strong CA sales offset seasonal decline,…

Planet 13 Holdings Inc. PLTH PLNHF announced its financial results for the quarter ended March 31, 2023 late Monday. “Planet 13 started the year with consistent results despite the macroeconomic conditions. During the first quarter, we saw stabilization in cannabis prices leading to improvement in our retail sales…sequential wholesale growth…and increased sales and productivity among […]

TechTarget difficulties and potential: Analyst analyzes sales …

KeyBanc Capital Markets Analyst Justin Patterson reiterated the shares’ overweight rating. TechTarget, Inc. TTGT, Reduced target price from $50 to $35reflecting a lower EBITDA outlook. The analyst’s new estimates for 2023 point to several signs of weakness across the IT landscape and project no growth compared to recently reported levels first quarter of […]

Video game ETFs in focus as Nintendo’s sales plummet – Electronic…

According to a CNBC article Nintendo NTDOY saw a decline in both its profits and revenue, driven by a drop in sales of its flagship gaming console, the Nintendo Switch. For the period from April 2022 to March this year, Nintendo reported full-year sales of 1.6 trillion yen, in line with its own forecast but […]

Qualcomm Q2 Earnings Highlights: Sales hit, auto segment sees…

technology and chip companies Qualcomm Inc QCOM released second quarter financial results after market close Wednesday. Below are the key highlights for investors. What happened: Qualcomm reported revenue of $9.28 billion in the second quarter, down 17% year over year. Total revenue topped a consensus estimate of $9.1 billion, according to Street Data from Benzinga […]

AGCO beats Q1, improves FY23 outlook reflecting improved sales…

AGCO Corp (AGCO) reported net sales growth of 24% year over year to $3.33 billion in the first quarter of fiscal 23, beat the consensus of $3.16 billion. Adjusted earnings per share improved to $3.51 from $2.39, beating the consensus of $2.70. The company’s solid operational performance, continued pricing action and a […]

Tesla CEO Elon Musk blames banking crisis for falling car sales

Tesla Inc TSLA CEO Elon Musk coupled on Sunday the ongoing banking crisis in the US as a reason for declining car sales. What happened: Musk said US citizens have a harder time getting auto loans, even if they have good credit. The CEO was responding to a Twitter user who shared US sales numbers […]

Tesla Rival Li Auto April Sales Up A Stunning 560% To Over 25,000 –…

Chinese manufacturer of electric vehicles and Tesla, Inc TSLA rival LiAuto Inc LI reported monthly shipments in excess of 20,000 for the second straight month due to rising popularity Li L7 SUV. What happened: Li Auto delivered 25,681 vehicles in April, up 516.3% year-on-year and 23% compared to March. The numbers surpass those of Li […]

Levi Strauss posts 6% sales growth in Q1, helped by DTC segment;…

Levi Strauss & Co LEVI reported fiscal 23 first quarter revenue growth of 6% year over year to $1.69 billion, +9% on a constant currency basis, exceeding $1.62 billion consensus. DTC’s net income increased 12% year over year, driven by broad-based growth in both the company’s operated stores and e-commerce across all segments. […]