Grubhub Inc. (NYSE: GRUB) reported first quarter 2020 earnings results today.
Revenues increased 12% year-over-year to $363 million.
Net loss was $33.4 million, or $0.36 per share, compared to a net income of $6.9 million, or $0.07 per share, in the same period last year.
Adjusted earnings amounted to $0.00 per share compared to EPS of $0.30 last year.
The company expects adjusted EBITDA of $5 million for the second quarter of 2020.
https://www.youtube.com/watch?v=50yUaLybUnA&t=667s China-based internet search firm Baidu Inc. (NASDAQ: BIDU) reported financial results for the second quarter of 2020 on Thursday after the market's close. Earnings exceeded analysts’ expectations, but the
Applied Materials' (NASDAQ: AMAT) earnings and revenue for the third quarter exceeded the market's views. Adjusted EPS of $1.06 and revenue of $4.40 billion in Q3, grew 43% and 23%,
A lot of stocks in the biotech space have skyrocketed this year after their announcements and advances in finding a vaccine or in the treatment of COVID-19. While these companies