— Bitauto Holdings Limited (NASDAQ: BITA) reported third-quarter 2019 earnings of $0.10 per share, vs. $0.39 per share expected.
— Net revenue fell 7% $355.5 million, vs. $378 million expected. The top line was hurt by weakness in passenger vehicle sales in China.
— Revenue from the advertising and subscription business declined 13% in Q3, even as revenue from the transaction services business rose 4%.
— BITA shares tanked 3.7% following the results.
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the fourth quarter of 2020, reflecting a marked increase in merchandise sales. The results also topped analysts’
The disruption caused by coronavirus has affected almost all sectors except business service providers like Cintas Corporation (NASDAQ: CTAS), which is busy helping clients maintain hygiene and safety during the
Rite Aid Corporation (NYSE: RAD) reported a narrower loss in the second quarter of 2021. Net loss shrank to $0.25 per share in the recently ended quarter from $1.49 per