— Bitauto Holdings Limited (NASDAQ: BITA) reported a loss of $1.16 per share in the fourth quarter of 2019, vs $0.30 profit expected.
— Q4 revenue fell 14% to $385.8 million, vs. $396.2 million expected.
— Revenue from the advertising and subscription businessQ4 was $153.7 million compared to $167 million a year ago, mainly due to the decrease in marketing spending by automakers and dealers.
— Expects to generate revenues between $244.2 million and $258.6 million in the first quarter of 2020.
— BITA shares were modestly up during pre-market trading hours.
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,
The fast-food industry is among the worst affected by the inflation-induced dip in consumer confidence, which is weighing on the demand for discretionary items. Domino’s Pizza, Inc. (NYSE: DPZ) is
Paychex Inc. (NASDAQ: PAYX) reported first quarter 2023 earnings results today. Total revenue rose 11% year-over-year to $1.20 billion. Net income grew 14% to $379.2 million, or $1.05 per share,