Rumble Q1 Earnings Highlights: Revenue Miss, EPS Miss, Lawsuit Filed Against Google
Rumble shared their Q1 financial results and shared a lawsuit filed against Google.
Canoo Q1 Results: EV Manufacturer Misses Earnings Estimates
Canoo reports quarterly losses of $1.13 per share, missing the analyst consensus estimate of losses of 97 cents by 16.49%. The company reported zero in quarterly sales, in-line with estimates.
Nasdaq Rises 100 Points; Alibaba Posts Weak Earnings
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points…
Hemp-Focused CV Sciences Reports Steady Q1 Revenue Amid Operational Hurdles And Acquisition Of Nutraceuticals Manufacturer
CV Sciences reports a slight Q1 revenue drop and acquires Elevated Softgels, aiming for strategic growth and enhanced production.
POSaBIT’s 2023 Revenue Drops 7% YoY, Core Business Grows As It Seeks To List Its Shares On TSX
POSaBIT Systems Corporation (CSE: PBIT) (OTC: POSAF), a provider of payments infrastructure in the cannabis industry, announced on Tuesday its financial results for the twelve months ended Dec. 31, 2023. "Despite the challenges posed by several industry-wide payment disruptions in 2023, I am proud that we achieved a combined 23% growth in our core payments and point-of-sale business, excluding a one-time licensing fee booked in 2022," Ryan Hamlin, co-founder and CEO of POSaBIT, said. "Our unwavering dedication to supporting our merchants, clients, and providing best-in-class service remains our top priority."
Cannabis MSO iAnthus Trims Net Loss In Q1, Reports YoY Increase In Revenue, Gross Profit
iAnthus Capital Holdings reported on Tuesday its financial results for the first quarter ended March 31, 2024.Revenue totaled $41.6 million, representing a sequential increase of 1.7% from the prior period and an increase of 13.1% year-over-year.Net loss totaled $14 million, or a net loss of less than $0.01 per share, compared to a net loss of $18.7 million, or a net loss of less than $0.01 per share in the prior quarter, and compared to a net loss of $18.6 million, or a net loss of $0.01 per share, in the prior year's period.
What’s Going On With China Automotive Stock After Posting Lower Product Sales To Stellantis In Q1?
China Automotive Systems reports Q1 earnings rise, despite a slight dip in net sales, attributed partly to lower product sales to Stellantis, while maintaining revenue guidance for FY 2024.
Crude Oil Down 1%; Home Depot Posts Downbeat Sales
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 50 points on Tuesday.…
What’s Going On With International Game Technology Shares Today?
IGT shares surge as Q1 earnings surpass expectations, driven by strong Global Lottery growth and improved operating margins, with a positive dividend announcement and optimistic FY24 outlook.
Why Is Fintech Company StoneCo Stock Trading Lower Today?
StoneCo Ltd. (NASDAQ: STNE) reported lower revenue and income in Q1 FY24. Total Payment Volume and Adjusted EBITDA increased, but missed consensus.