— 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.
Thermo Fisher Scientific Inc. (NYSE: TMO) announced fourth-quarter 2022 financial results, reporting a double-digit fall in adjusted earnings and an increase in revenues. Fourth-quarter revenues increased 7% annually to $11.5
Altria Group Inc. (NYSE: MO) reported fourth quarter 2022 earnings results today. Net revenues decreased 2.3% year-over-year to $6.1 billion. Net earnings attributable to Altria increased 65.6% to $2.6 billion
Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) reported a decline in fourth-quarter earnings, despite an increase in revenues. Earnings, excluding special items, dropped to $0.69 per share in the