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 a year ago. Net loss of $0.31 per share was, meanwhile, in line with the average street estimate.
SPCE shares fell 7% after the company said it has delayed its test flight to May, 2021. The stock has gained 23% in the trailing 12 months.
The company also announced the appointment of Doug Ahrens as its new Chief Financial Officer, effective March 1, 2021. Ahrens most recently served as CFO at Mellanox.
Conagra Brands Inc. (NYSE: CAG) reported strong results for the third quarter of 2021 which surpassed expectations. Net sales increased 8.5% to $2.8 billion helped by the increase in at-home
Shares of Carnival Corp. (NYSE: CCL) were down over 2% on Thursday. The company reported first quarter 2021 earnings results a day ago which missed expectations. Despite seeing a drastic
Widespread flight cancellations and restrictions on the hotel industry during the pandemic have had a ripple effect on credit card companies and payment service providers. After going through a rough