United Airlines (NASDAQ: UAL) slipped to a loss in the first quarter of 2020 from a profit last year due to the impact of the COVID-19 pandemic. The company also outlined U.S. airline industry-leading efforts to manage through the most disruptive global crisis in the history of aviation.
The company currently expects daily cash burn to average between $40 million and $45 million during the second quarter of 2020. United Airlines lowered planned full-year adjusted capital expenditures by about $2.5 billion, bringing expected full-year adjusted capital expenditures to below $4.5 billion.
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus
Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000