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Russ Cohen

These Analysts Revise Their Forecasts On Revvity Following Q3 Results

Revvity, Inc. RVTY reported better-than-expected third-quarter earnings on Monday. The company posted quarterly earnings of $1.28 per share which beat the analyst consensus estimate of $1.13 per share. The company reported quarterly sales of $684.05 million which beat the analyst consensus estimate of $679.65 million. Revvity also authorized a new $1 billion share repurchase program. ...

Russ Cohen

Richard Branson's Spaceflight Startup Virgin Galactic Sees Stock Surge After Narrowing Q3 Losses, Announces $300M Stock Sale

Virgin Galactic Holdings Inc. SPCE shares closed up 3.5% on Wednesday after the company reported a net loss of $75 million for the third quarter, lower than the $105 million net loss reported in the corresponding period last year owing to lower operating expenses. What Happened: Branson’s spaceflight company’s total operating expenses fell to $82.1 ...

Russ Cohen

Lumen Q3 Loss Narrower-Than-Expected , Revenues Decline Y/Y

Lumen Technologies, Inc. LUMN reported an adjusted loss (excluding special items) of 13 cents per share for the third quarter of 2024, which was narrower than the Zacks Consensus Estimate of a loss of 20 cents. The company reported a loss per share of 9 cents in the prior-year quarter. Quarterly total revenues were $3.221 ...

Russ Cohen

PTC (PTC) Q4 2024 Earnings Call Transcript

Image source: The Motley Fool. PTC (NASDAQ: PTC)Q4 2024 Earnings CallNov 06, 2024, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, ladies and gentlemen, and thank you for standing by, and welcome to today’s PTC 2024 fourth quarter conference call. During this presentation, all parties will be ...

Russ Cohen

Should Investors Buy Weakness in These High-Growth Stocks?

The 2024 Q3 earnings season continues at a rapid pace, with a nice variety of companies delivering quarterly results daily. So far, several popular stocks, namely Advanced Micro Devices AMD and Eli Lilly LLY – have reported quarterly results, with the two seeing negative post-earnings reactions. But did the results warrant the knee-jerk reaction? Let’s ...

Russ Cohen

Transforming Business Through AI the Focus of ISG Digital Business Summit

November 13–15 event in Dallas will feature leaders with Keurig Dr Pepper, Johnson Controls, L’Oreal, PNC and more Leaders with Keurig Dr Pepper, Johnson Controls, L’Oreal, PNC and other companies will join the ISG Digital Business Summit, November 13–15, in Dallas to share strategies for leveraging generative AI (GenAI) and other new technologies to drive ...

Russ Cohen

Heightened Tensions Amid Election Drama Could Bolster Direxion's DFEN Fund

All eyes are focused on the upcoming U.S. presidential election, with several indicators suggesting a tight race between Vice President Kamala Harris and former President Donald J. Trump. However, a shocking poll result in Iowa may have significant implications for the race and thus for the broader geopolitical paradigm. According to pollster Ann Selzer of ...