— Wanda Sports Group Company (NASDAQ: WSG) reported third-quarter 2019 loss of $0.25 per share, vs. $0.13 per share loss expected.
— Net revenue rose 8% $267.4 million, vs. $280.8 million expected. The top line was driven by an increase in revenue from our mass participation and spectator sports segments.
— CEO: Our near-term profitability has been impacted by the expenses in stock-based compensation, the remaining IPO-related costs and the financing cost.
— Expects Q4 revenue to be in the range of €245 million to €260 million, down 7-1% year-over-year. For full-year 2019, revenues are projected between €1,020 million and €1,035 million, down 10-8%.
— WSG shares have declined 32% in the year-to-date period.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on