Shockwave Medical (SWAV) tripled Wall Street’s fourth-quarter profitability expectations, leading SWAV stock to surge on Friday. X The company makes lithotripsy tools to “crack” hardened calcium in the arteries. During the December quarter, Shockwave earned $3.71 per share, blowing away projections for $1.01, according to FactSet. Sales also beat views …
Read More »WSJ News Exclusive | Facebook Parent Meta Gives Thousands of Workers Subpar Reviews
Facebook parent Meta Platforms Inc. META -1.27% gave thousands of employees subpar ratings in a recently concluded round of performance reviews, a signal that more job cuts may be on the way, people familiar with the matter said. The company also cut a bonus metric, the people said, one of …
Read More »Agnico Eagle Shares Sink as Inflation Sideswipes Earnings
(Bloomberg) — Agnico Eagle Mines Ltd.’s stock faced its biggest drop in more than two years after reporting inflationary headwinds and lower-than-expected sales in its latest earnings. Most Read from Bloomberg Shares fell 7.8% to C$61.19 as of 11:25 a.m. in Toronto, the biggest intraday decline since November 2020. The …
Read More »Deere Earnings Double and Sales Rise on Higher Production
Deere has benefited from favorable market conditions and higher levels of production. Photo: MICHELE TANTUSSI/REUTERS Updated Feb. 17, 2023 10:54 am ET Deere DE 6.12% & Co. said its profit more than doubled in the most recently completed quarter as higher prices and strong demand for farm and construction equipment …
Read More »HubSpot Pops On Earnings Beat, Web Marketing Software Maker’s Guidance
HubSpot earnings and revenue for the December quarter handily beat analyst estimates while the company’s outlook also came in above expectations. HUBS stock soared on the news. X Cambridge, Mass.-based HubSpot (HUBS) reported Q4 earnings after the market close on Thursday. Adjusted Q4 earnings came in at $1.11 a share, …
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