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Ribbon Q2 revenue beats estimates, keeps FY outlook unchanged
OverviewRibbon Q2 revenue rises 15% yr/yr, beating analyst expectations, per LSEG dataAdjusted EBITDA for Q2 beats estimates, reaching $32 mln, per LSEG dataCo announced $50 mln share repurchase program in the qtrOutlookRibbon projects Q3 2025 revenue of $213 mln to $227 mlnCompany expects Q3 non-GA...
Reuters
7 minutes ago
Algoma Steel seeks up to $600 million from Ottawa in emergency trade war relief- Globe and Mail
-- Source link: https://tinyurl.com/8dtvtrar-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
7 minutes ago
Waystar nears deal to buy Iodine Software for up to $1.2 billion, WSJ reports
July 23 (Reuters) - Healthcare software firm Waystar WAY.O is nearing a deal to buy privately held Iodine Software in a deal worth over $1.2 billion including debt, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Reuters
7 minutes ago
Getty Realty Q2 adjusted FFO beats expectations, raises 2025 earnings guidance
OverviewGetty Realty Q2 adjusted FFO per share beats analyst expectationsCompany increases 2025 full-year earnings guidance Getty Realty invested $66.1 mln in 28 properties during Q2OutlookCompany raises 2025 AFFO guidance to $2.40-$2.41 per shareCompany's guidance reflects investment activity a...
Reuters
8 minutes ago
SEI Investments Q2 EPS up 70%
OverviewSEI Q2 2025 EPS rises 70% yr/yr, aided by $94.4 mln gain on sale of SEI's Family Office Services businessRevenue grows 8% yr/yr but misses analyst expectations, per LSEG dataOperating income up 9%, operating margin improves to 27%OutlookSEI Investments focuses on strategic investments f...
Reuters
8 minutes ago
Chipotle Mexican Grill cuts annual comparable sales growth target
July 23 (Reuters) - Chipotle Mexican Grill CMG.N on Wednesday lowered its annual sales growth target for a second time this year, as the burrito chain takes stock of economic uncertainty and U.S. consumers dining out less.The company now expects annual comparable restaurant sales to be about flat ye...
Reuters
8 minutes ago
Lake Shore Bancorp Q2 net income up rises 72% yr/yr
OverviewLake Shore Bancorp Q2 net income rises 72% yr/yr, driven by strategic balance sheet managementNet interest income increased 17.6% yr/yr, contributing to improved financial performanceCo completed conversion and stock offering, raising $49.5 mln for growth Result DriversNET INTEREST INCOM...
Reuters
9 minutes ago
Whitecap beats Q2 oil and gas revenue estimates
OverviewWhitecap Q2 oil & gas rev beats analysts' expectations, driven by operational performanceCompany's production exceeds internal forecasts, supported by asset-level outperformanceWhitecap maintained strong balance sheet, net debt to annualized funds flow ratio at 1.0 timesOutlookWh...
Reuters
9 minutes ago
ServiceNow raises annual subscription revenue forecast on AI-driven tools demand
By Jaspreet Singh July 23 (Reuters) - ServiceNow NOW.N raised its annual subscription revenue forecast on Wednesday, signaling robust demand for its artificial intelligence-enabled software designed to automate digital operations.Businesses are widely adopting cloud-based enterprise solutions fro...
Reuters
9 minutes ago
Hanover Bancorp Q2 net income rises
OverviewHanover Bancorp Q2 net income rises to $2.4 mln from $0.8 mln in 2024Net interest income for Q2 2025 increased 11.69% year-over-yearOutlookCompany anticipates higher C&I lending and deposit activity in 2025Company sees continued expansion into Eastern Long IslandHanover expects interest ...
Reuters
10 minutes ago
CSX Q2 revenue misses estimates
OverviewCSX Q2 revenue falls 3% yr/yr to $3.57 bln, missing analyst expectationsOperating income down 11% yr/yr, with EPS decreasing 10% yr/yrCo cites lower coal prices, reduced fuel surcharges for revenue declineOutlookCSX focused on completing major infrastructure projects for growthCompany notes ...
Reuters
11 minutes ago
Google parent Alphabet beats quarterly revenue estimates, boosts capex plan
July 23 (Reuters) - Alphabet GOOGL.O beat Wall Street estimates for quarterly revenue on Wednesday on the back of new AI features and a steady digital advertising market, and said it would boost its capital spending plans for the year to about $85 billion. Shares of the company, which have risen mor...
Reuters
12 minutes ago
IBM results beat estimates on AI mainframe refresh, consulting revival
July 23 (Reuters) - IBM IBM.N beat Wall Street estimates for second-quarter revenue and profit on Wednesday, helped by renewed sales in its mainframe business as artificial intelligence upgrades spurred demand for the systems, which are capable of processing vast amounts of data. Clients have focuse...
Reuters
13 minutes ago
Trump administration violated law in delaying US Head Start education funding, GAO report finds
By Richard Cowan WASHINGTON, July 23 (Reuters) - The Trump administration's temporary freeze on federal funds for the Head Start early education program for low-income children was illegal, a non-partisan government watchdog concluded in a report released on Wednesday, as the White House cont...
Reuters
13 minutes ago
US extends cuts to minimum New York flight requirements through late 2026
July 23 (Reuters) - The Federal Aviation Administration agreed on Wednesday to extend cuts to minimum flight requirements at congested New York City airports through October 2026, citing air traffic controller staffing shortages.Under minimum flight requirements, airlines can lose their takeoff and ...
Reuters
15 minutes ago
Mexico's Alfa Reports Q2 Net Profit Of $18 Million
July 23 (Reuters) - Alfa SAB de CV ALFAA.MX:MEXICO'S ALFA REPORTS Q2 NET PROFIT OF $18 MILLIONMEXICO'S ALFA REPORTS Q2 REVENUE OF $2.30 BILLIONSource text: [ID: Here]
Reuters
16 minutes ago
Mattel posts steeper sales decline than expected on soft Barbie demand
July 23 (Reuters) - Toymaker Mattel MAT.O posted a bigger-than-expected drop in second-quarter revenue on Wednesday, as weak Barbie sales in North America and cautious inventory planning by retailers amid global trade uncertainties weighed on demand. The company, however, reinstated its full-year sa...
Reuters
16 minutes ago
White House blasts Wall Street Journal report that Trump is in Epstein files
Wall Street Journal reports Trump informed his name appeared in materials related to EpsteinWhite House condemns report, calling it "fake news"Judge rejects request to release materials related to Florida Epstein investigationTrump administration sought release of transcripts on probeTrump...
Reuters
17 minutes ago
Google parent Alphabet beats quarterly revenue estimates
July 23 (Reuters) - Alphabet GOOGL.O beat Wall Street estimates for quarterly revenue on Wednesday, as the Google parent's new AI features and a steady digital advertising market boosted growth in its core search business. The tech company reported total revenue of $96.43 billion for the second ...
Reuters
17 minutes ago
Grupo Aeroportuario del Pacifico SAB de CV
expected to post earnings of $2.72 a share - Earnings Preview
Grupo Aeroportuario del Pacifico SAB de CV PAC.N, PAC is expected to show a rise in quarterly revenue when it reports results on October 20 (estimated) for the period ending September 30 2025The Guadalajara Jalisco-based company is expected to report a 18.2% increase in revenue to $514.166 millio...
Reuters
18 minutes ago
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