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Month: May 2019

Yeti beats market expectations for Q1, raises full-year outlook

YETI Holdings Inc. (NYSE: YETI) topped analysts’ estimates on revenue and earnings for the first quarter of 2019. Shares soared…

Abiomed’s stock plunges to new 52-week low on Q4 revenue miss

Abiomed’s (NASDAQ: ABMD) stock plunged about 17% in the pre-market trading as the company failed to meet top-line estimates. It…

Exelixis tops Q1 earnings and revenue estimates

Exelixis Inc. (NASDAQ: EXEL) surpassed Q1 earnings and revenue projections. The company reported earnings of $0.27 per share on revenue…

Marathon Oil’s stock surge on solid Q1 earnings beat

Marathon Oil Corporation (NYSE: MRO) saw its share price rose 1% in the post-market trading after the company crushed earnings estimates.…

Earnings: Zynga stock rises on upbeat guidance

In Q1, gaming company Zynga Inc (NASDAQ: ZNGA) reported 27% growth in revenues to $265 million, benefiting from the strength of…

Fitbit’s stock gains after Q1 results beat expectations

Fitbit Inc. (NYSE: FIT) beat analysts’ forecasts on revenue for the first quarter of 2019 while net loss came in…

Earnings: Qualcomm Q2 results exceed forecast; stock falls on weak guidance

Qualcomm (QCOM) Wednesday reported a decline in second-quarter earnings and revenues, reflecting the ongoing slump in the semiconductor market. The results,…

Square Q1 earnings: Jack Dorsey’s payments firm beats estimates

Jack Dorsey-led payments tech firm Square (NYSE: SQ) reported a wider loss in the first quarter of 2019 due to…

Smartphone market suffers as customers await the 5G era

The global smartphone market is experiencing a declining trend and one of the reasons is the ongoing transition to the…

Acorda Therapeutics stock sinks to 13-year low

Acorda Therapeutics (NASDAQ: ACOR) stock tumbled to a 13-year low of $10.02 on Wednesday as investors remained concerned about the…