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Jack Henry's third-quarter profit rises on strong fintech demand
May 6 (Reuters) - Jack Henry & Associates JKHY.O posted about a 28% rise in third-quarter profit on Tuesday, helped by strong demand for the financial technology company's products and services.The Monett, Missouri-based company offers a range of services from payment processing to business ...Reuters
Tue, May 6
Beauty Health Co expected to post a loss of 13 cents a share - Earnings Preview
Beauty Health Co SKIN.OQ SKIN.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Long Beach California-based company is expected to report a 21.6% decrease in revenue to $63.806 million from $81.4 million a year ago, according ...Reuters
Tue, May 6
US SEC's new chief says 15% of staff have left, contract cuts to come, sources say
By Chris Prentice and Douglas Gillison WASHINGTON, May 6 (Reuters) - The new head of the U.S. Securities and Exchange Commission told staff on Tuesday the agency has lost 15% of its headcount across offices and divisions and he expects to conduct a "targeted" reorganization, according to ...Reuters
Tue, May 6
Nektar Therapeutics expected to post a loss of 16 cents a share - Earnings Preview
Nektar Therapeutics NKTR.OQ NKTR.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The San Francisco California-based company is expected to report a 29.0% decrease in revenue to $15.357 million from $21.64 million a year ago, acc...Reuters
Tue, May 6
Skye Bioscience Inc expected to post a loss of 29 cents a share - Earnings Preview
Skye Bioscience Inc SKYE.OQ SKYE.O is expected to show no change in quarterly revenue when it reports results on May 8 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Skye Bioscience Inc is for a loss of 29 cents per share. The current average analyst rating on ...Reuters
Tue, May 6
Nerdy Inc expected to post a loss of 13 cents a share - Earnings Preview
Nerdy Inc NRDY.N, NRDY.K is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The St. Louis Missouri-based company is expected to report a 14.1% decrease in revenue to $46.138 million from $53.73 million a year ago, according to the me...Reuters
Tue, May 6
Meta awarded $168 million in damages from spyware firm NSO group
May 6 (Reuters) - Social media giant Meta Platforms META.O said on Tuesday it has been awarded $168 million in damages from the Israeli spyware firm NSO group after the surveillance company was found liable for hacking its systems.Reuters
Tue, May 6
Seventeen companies flood US bond market ahead of Fed meeting
By Matt Tracy and Shankar RamakrishnanWASHINGTON, May 6 (Reuters) - The U.S. corporate bond markets were flooded by 17 bond offerings on Tuesday as companies looked to take advantage of a sharp tightening in credit spreads and avoid any market volatility after the U.S. Federal Reserve's rate dec...Reuters
Tue, May 6
Oportun Financial Corp expected to post earnings of 6 cents a share - Earnings Preview
Oportun Financial Corp OPRT.OQ OPRT.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The San Carlos California-based company is expected to report a 8.6% decrease in revenue to $228.85 million from $250.5 million a year ago, acco...Reuters
Tue, May 6
ModivCare Inc expected to post a loss of 50 cents a share - Earnings Preview
ModivCare Inc MODV.OQ MODV.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Denver Colorado-based company is expected to report a 5.6% decrease in revenue to $645.865 million from $684.45 million a year ago, according to the ...Reuters
Tue, May 6
Samsung Electronics says unit Harman acquires Masimo's audio business for $350 mln
SEOUL, May 7 (Reuters) - Samsung Electronics 005930.KS said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo's audio business for $350 million. It plans to combine Masimo's audio business with Harman to strengthen its global leading position in the consume...Reuters
Tue, May 6
Motor racing-Dominant McLaren sure to attract more scrutiny, says Horner
By Alan Baldwin LONDON, May 6 (Reuters) - Formula One champions and leaders McLaren will attract more scrutiny and face more questions about their cars simply because they are so dominant, according to Red Bull boss Christian Horner.McLaren have won five of six races this season and took a domina...Reuters
Tue, May 6
Alpha Teknova Inc expected to post a loss of 11 cents a share - Earnings Preview
Alpha Teknova Inc TKNO.OQ TKNO.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Hollister California-based company is expected to report a 0.8% increase in revenue to $9.367 million from $9.29 million a year ago, according to...Reuters
Tue, May 6
China's Xi set to begin Russia visit in symbolic show of support for Putin against West
Visit will be Xi's 11th to Russia as president A China-Russia summit will be held during trip Energy and a possible new gas pipeline to China on agenda China has helped Russian economy weather Western sanctions By Andrew Osborn May 7 (Reuters) - Chinese President Xi Jinping is due to start...Reuters
Tue, May 6
Xponential Fitness Inc expected to post earnings of 16 cents a share - Earnings Preview
Xponential Fitness Inc XPOF.N, XPOF.K is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Irvine California-based company is expected to report a 5.2% decrease in revenue to $75.371 million from $79.52 million a year ago, accordin...Reuters
Tue, May 6
Owlet Inc expected to post a loss of 27 cents a share - Earnings Preview
Owlet Inc OWLT.N, OWLT.K is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Lehi Utah-based company is expected to report a 23.0% increase in revenue to $18.141 million from $14.75 million a year ago, according to the mean estima...Reuters
Tue, May 6
Ingram Micro Holding Corp expected to post earnings of 56 cents a share - Earnings Preview
Ingram Micro Holding Corp INGM.N, INGM.K is expected to report resultson May 8 for the period ending March 31 2025The Irvine California-based company is expected to report revenue of $11.624 billion, according to the mean estimate from 11 analysts, based on LSEG data.LSEG's mean analyst estima...Reuters
Tue, May 6
Pembina Pipeline Corp expected to post earnings of 80 cents a share - Earnings Preview
Pembina Pipeline Corp PPL.TO is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Calgary Alberta-based company is expected to report a 8.7% increase in revenue to C$1.674 billion from C$1.54 billion a year ago, according to the m...Reuters
Tue, May 6
TELA Bio Inc expected to post a loss of 20 cents a share - Earnings Preview
TELA Bio Inc TELA.OQ TELA.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Malvern Pennsylvania-based company is expected to report a 4.6% increase in revenue to $17.36 million from $16.6 million a year ago, according to the ...Reuters
Tue, May 6
