Why Is Madison Square Garden Stock Down Today?
Madison Square Garden Entertainment Corp. reported lower Q3 results with revenue of $228.3M, missing estimates. EPS of $0.06 beat expectations.
SolarEdge’s Q1 Results Cast Shadow With Revenue Decline, But CEO Remains Optimistic
SolarEdge Technologies, Inc. (NASDAQ: SEDG) announced its first quarter FY24 results, with revenues of $204.4 million and a net loss of $(1.90) per share. The company also repurchased shares and expects improvement in revenues as installations increase and new products are released.
Roller Coaster Revival: Cedar Fair’s Q1 Sales Soar, Despite Hurdles, Eyes Set on Thrilling Season Ahead
Cedar Fair reports strong Q1 FY24 results, with 20% sales growth and $0.30 quarterly cash distribution. Merger with Six Flags under DOJ review.
What’s Going On With Data Center REIT Equinix Stock Today?
Equinix, Inc. reported Q1 FY24 results with revenues up 6%, adjusted EBITDA up to $992M, and a quarterly dividend of $4.26. President and CEO sees potential in digital initiatives driving growth. Gain exposure with Pacer Data & Infrastructure Real Estate ETF.
EPAM Systems Faces Rough Waters Ahead; Stock Tanks
EPAM Systems, shares drop after reporting Q1 FY24 results. Sales declined to $1.17B, beating estimates. Adjusted EPS of $2.46 beat consensus.
Occidental’s CrownRock Deal Delayed But Sees Permian Basin Production Boost
Occidental Petroleum Corporation ) expects to close acquisition of CrownRock LP in Q3 FY24. CEO anticipates no hurdles from regulators.
KKR Inks ~$1.4B Deal For Australian Company Perpetual’s Corporate Trust And Wealth Management Units: Details
KKR to acquire Perpetual's wealth management & corporate trust businesses for AU$2.175 billion.
Sunoco Spills the Beans: Big Beat, Higher Payout, & Brighter Outlook
Sunoco LP reported first-quarter FY24 results with revenues of $5.50B, exceeding consensus. Partnership increased distribution by 4% and revised FY24 guidance for adjusted EBITDA.
What’s Going On With Mining Giant BHP Shares Today?
BHP's subsidiary signed Exploration Alliance Agreement with Ivanhoe Electric to explore for copper and other minerals in the US, with a mutual goal of finding new sources for the growing demand. BHP will provide $15M initial funding, with potential for more on a 50/50 basis.
Why Broadridge Financial Shares Are Diving Today
Broadridge Financial Solutions reported Q3 FY24 results with 5% revenue growth, missing consensus. Adjusted EPS of $2.23 (-9% Y/Y) missed expectations. FY24 outlook for recurring revenue growth at low end of prior guidance.