CenturyLink, Inc. (NYSE: CTL) reported first-quarter 2020 financial results after the regular trading hours on Wednesday.
CTL shares fell close to 4% immediately following the announcement after revenues missed the Wall Street estimate. Meanwhile, the bottom-line was 3 cents higher than expected.
CEO Jeff Storey said, “The COVID-19 pandemic has highlighted both the importance of connectivity to how we live and work in today’s economy, and how capable CenturyLink’s fiber and IP-based network is in delivering those needs quickly, reliably, and at scale. The relevance and capability of our network, together with our financial strength, positions us well to support our customers and deliver long-term shareholder value.”
The stock has declined 13% in the trailing 12 months.
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and
Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock