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Myriad: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Myriad Genetics Inc. (MYGN) on Wednesday reported a loss of $54.7 million in its first quarter.The Salt Lake City-based company said it had a loss of 67 cents per share. Losses, adjusted for non-recurring costs and amortization costs, were 21 cents per share.The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.The molecular diagnostic company posted revenue of $181.2 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $171.5 million.Myriad expects full-year results to range from a loss of 36 cents per share to a loss of 24 cents per share, with revenue in the range of $730 million to $750 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MYGN at https://www.zacks.com/ap/MYGNSo...

YRC: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

OVERLAND PARK, Kan. (AP) — OVERLAND PARK, Kan. (AP) — Yellow Corporation (YELL) on Wednesday reported a loss of $54.6 million in its first quarter.The Overland Park, Kansas-based company said it had a loss of $1.06 per share.The trucking company posted revenue of $1.16 billion in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YELL at https://www.zacks.com/ap/YELLSource

Mosaic: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Mosaic Co. (MOS) on Wednesday reported first-quarter net income of $434.8 million.The Tampa, Florida-based company said it had net income of $1.28 per share. Earnings, adjusted for non-recurring gains, came to $1.14 per share.The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.The fertilizer maker posted revenue of $3.6 billion in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.34 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOS at https://www.zacks.com/ap/MOSSource

ARC Document Solutions: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — ARC Document Solutions Inc. (ARC) on Wednesday reported first-quarter earnings of $1.9 million.On a per-share basis, the San Ramon, California-based company said it had profit of 4 cents. Earnings, adjusted for pretax expenses, came to 5 cents per share.The provider of document services to businesses posted revenue of $68.9 million in the period.In the final minutes of trading on Wednesday, the company’s shares hit $3.15. A year ago, they were trading at $3.69._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARC at https://www.zacks.com/ap/ARCSource

Mistras: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

PRINCETON JUNCTION, N.J. (AP) — PRINCETON JUNCTION, N.J. (AP) — Mistras Group Inc. (MG) on Wednesday reported a loss of $5 million in its first quarter.The Princeton Junction, New Jersey-based company said it had a loss of 17 cents per share. Losses, adjusted for non-recurring costs, were 12 cents per share.The engineering services company posted revenue of $168 million in the period.Mistras expects full-year revenue in the range of $710 million to $740 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MG at https://www.zacks.com/ap/MGSource

Albemarle: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Albemarle Corp. (ALB) on Wednesday reported first-quarter net income of $1.24 billion.On a per-share basis, the Charlotte, North Carolina-based company said it had net income of $10.51. Earnings, adjusted for non-recurring gains, came to $10.32 per share.The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $6.93 per share.The specialty chemicals company posted revenue of $2.58 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $2.74 billion.Albemarle expects full-year earnings in the range of $20.75 to $25.75 per share, with revenue in the range of $9.8 billion to $11.5 billion.Albemarle shares have decreased 20% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $172.91, a fall of 12% in the last 12 months._____This story was generated by Automated Insights (http:/...

Staar Surgical: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

LAKE FOREST, Calif. (AP) — LAKE FOREST, Calif. (AP) — Staar Surgical Co. (STAA) on Wednesday reported first-quarter earnings of $2.7 million.On a per-share basis, the Lake Forest, California-based company said it had net income of 5 cents. Earnings, adjusted for one-time gains and costs, were 18 cents per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.The maker of implantable lenses posted revenue of $73.5 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $66.3 million.Staar Surgical expects full-year revenue of $348 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STAA at https://www.zacks.com/ap/STAASource

Equinix: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Equinix Inc. (EQIX) on Wednesday reported a key measure of profitability in its first quarter. The results beat Wall Street expectations.The Redwood City, California-based real estate investment trust said it had funds from operations of $801.8 million, or $8.59 per share, in the period.The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of $7.92 per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $258.8 million, or $2.77 per share.The data center operator, based in Redwood City, California, posted revenue of $2 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $1.98 billion.For the current quarter ending in June, Equinix said it expects revenue in the range of $2 billion to $2.03 billi...

Stoneridge: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

NOVI, Mich. (AP) — NOVI, Mich. (AP) — Stoneridge Inc. (SRI) on Wednesday reported a loss of $7.4 million in its first quarter.The Novi, Michigan-based company said it had a loss of 27 cents per share. Losses, adjusted for non-recurring costs, came to 25 cents per share.The maker of electronic components for the automotive and other markets posted revenue of $241.3 million in the period. Its adjusted revenue was $232.2 million.Stoneridge expects full-year results to range from a loss of 10 cents per share to earnings of 10 cents per share, with revenue in the range of $960 million to $990 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRI at https://www.zacks.com/ap/SRISource

Envista: Q1 Earnings Snapshot

Published Thu, 14 Nov 2024 08:37:52 GMT

BREA, Calif. (AP) — BREA, Calif. (AP) — Envista Holdings Corp. (NVST) on Wednesday reported first-quarter profit of $43.8 million.On a per-share basis, the Brea, California-based company said it had net income of 25 cents. Earnings, adjusted for one-time gains and costs, were 38 cents per share.The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.The maker of dental products posted revenue of $627.2 million in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $630.9 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVST at https://www.zacks.com/ap/NVSTSource