Breaking News
Feb 7, 2023
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Cummins said revenue in the fourth quarter rose 35% to $7.8 billion and net income increased 6% to $631 million and diluted EPS increased to $4.43 from $2.73 a year ago.
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Pinterest said revenue in the fourth quarter increased 4% to $877 million and net income dropped 90% to $17 million from $174.7 million and diluted EPS fell to 3 cents from 25 cents a year ago.
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Activision Blizzard said revenue in the fourth quarter increased 7% to $2.3 billion but net income plunged 29% to $403 million and diluted EPS fell to 51 cents from 72 cents a year ago.
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Align Tech announced an accelerated stock repurchase of $250 million of its stock, a part of its $1.0 billion program announced in May 2021.
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Children's Place said revenue is expected to range between $454 million and $456 million, a fall between 10.2% and 10.6% from a year ago and LPS between $4.24 and $4.63 in the fourth quarter.
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Dell Technologies said in a regulatory filing that it plans to lay off about 5% of its staff as the company tackles falling sales of personal computers.
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ON Semi said fourth quarter sales increased 14% to record $2.1 billion and earnings rose to $604.3 million from $425.9 million and diluted EPS increased to $1.35 from 96 cents a year ago.
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Energizer said December sales fell 9.6% to $765.1 million and net income dropped to $49 million from $60 million and diluted earnings per share decreased to 68 cents from 83 cents a year ago.
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Tyson Foods said revenue in the December quarter increased 2.5% to $13.2 billion and net income plunged to $320 million from $1.1 billion and diluted EPS fell to 88 cents from $3.07 a year ago.
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Chegg, Inc said the fourth quarter revenue declined 1% to $205.2 million and net income dropped to $1.9 million from $24.3 million and diluted EPS fell to 1 cent from 15 cents a year ago.
Feb 6, 2023