Tag: quarterly profit
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Uber forecasts weak quarterly profit, doubles down on robotaxi investment plans
Aug 5 : Uber Technologies forecast current-quarter adjusted earnings below Wall Street estimates on Wednesday, saying that foreign exchange would trim bookings growth and reaffirming plans to invest heavily in robotaxis and acquisitions.The global ride-hailing and delivery giant’s capital allocation has becom
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Broadridge quarterly profit climbs on investor communications strength
Aug 4 : Broadridge Financial reported higher fourth-quarter profit on Tuesday, helped by strength in its investor communications business.Shares of the company have fallen about 29.5 per cent so far this year, but rose 1.7 per cent in premarket trading following the results.Here are some details:
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Hyundai Motor India posts quarterly profit drop as costs, production disruption weigh
July 30 : Hyundai Motor India reported a 35.1 per cent drop in first-quarter profit on Thursday, hurt by a jump in costs as well as a production disruption at its Chennai plant.The unit of South Korea’s Hyundai Motor reported a profit of 8.89 billion rupees ($92.96 million) for the quarter ended June 30, from
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Robinhood beats quarterly profit estimates as trading activity remains robust
July 29 : Robinhood Markets beat Wall Street estimates for second-quarter profit on Wednesday, as robust trading in equities, options and prediction markets helped offset weakness in cryptocurrency trading.Retail trading remained robust during the quarter as heightened market volatility, driven in part by the
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Robinhood quarterly profit rises on strong trading activity
July 29 : Robinhood Markets posted a rise in second-quarter profit on Wednesday, as volatility in the markets spurred higher trading activity on its platform.The Menlo Park, California-based company’s profit was $573 million, or 62 cents per share, for the three months ended June 30, compared with $386 millio
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Blackstone’s quarterly profit gets boost from asset pile, AI investment gains
July 23 : Blackstone, the world’s largest alternative asset manager, reported rising income for the second quarter on Thursday, buoyed by growing assets under management and reaping profit from a mammoth bet on artificial intelligence. The New York-based company said inflows in the quarter pushed total asset
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Seven & i logs hefty quarterly profit jump, lifts annual forecast on yen weakness
TOKYO, July 9 : Japan’s Seven & i Holdings booked a 61 per cent rise in first-quarter operating profit after volatile energy markets boosted U.S. gasoline sale margins, and hiked its full-year outlook on a sharp decline in the yen.The 7-Eleven operator generated operating income of 105 billion yen over the Ma
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FactSet tops quarterly profit estimates on steady demand for data, analytics services
July 1 : Financial data firm FactSet reported third-quarter profit above Wall Street estimates on Wednesday, buoyed by growth in subscriptions.Geopolitical uncertainty owing to the U.S.-Israeli war with Iran has rattled global markets, boosting demand for FactSet’s data and analytics services as investors man
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