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Monte Rosa Therapeutics: Q2 Earnings Snapshot

Published Thu, 20 Feb 2025 19:41:24 GMT

BOSTON (AP) — BOSTON (AP) — Monte Rosa Therapeutics Inc. (GLUE) on Thursday reported a loss of $35.2 million in its second quarter.The Boston-based company said it had a loss of 71 cents per share.The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 72 cents per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLUE at https://www.zacks.com/ap/GLUESource

OptiNose: Q2 Earnings Snapshot

Published Thu, 20 Feb 2025 19:41:24 GMT

YARDLEY, Pa. (AP) — YARDLEY, Pa. (AP) — OptiNose Inc. (OPTN) on Thursday reported profit of $2.6 million in its second quarter.The Yardley, Pennsylvania-based company said it had net income of 2 cents per share.The specialty pharmaceutical company posted revenue of $19.5 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OPTN at https://www.zacks.com/ap/OPTNSource

Carrols Restaurant: Q2 Earnings Snapshot

Published Thu, 20 Feb 2025 19:41:24 GMT

SYRACUSE, N.Y. (AP) — SYRACUSE, N.Y. (AP) — Carrols Restaurant Group Inc. (TAST) on Thursday reported net income of $15 million in its second quarter.On a per-share basis, the Syracuse, New York-based company said it had net income of 23 cents. Earnings, adjusted for one-time gains and costs, were 27 cents per share.The restaurant operator posted revenue of $485.2 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAST at https://www.zacks.com/ap/TASTSource

HanesBrands: Q2 Earnings Snapshot

Published Thu, 20 Feb 2025 19:41:24 GMT

WINSTON-SALEM, N.C. (AP) — WINSTON-SALEM, N.C. (AP) — HanesBrands Inc. (HBI) on Thursday reported a loss of $22.5 million in its second quarter.On a per-share basis, the Winston-Salem, North Carolina-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring costs, were 1 cent per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.The underwear, T-shirt and sock maker posted revenue of $1.44 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $1.45 billion.For the current quarter ending in September, HanesBrands expects its per-share earnings to range from 7 cents to 13 cents.The company said it expects revenue in the range of $1.52 billion to $1.57 billion for the fiscal third quarter.HanesBrands expects full-year earnings in the range of 16 cents to 30 cents per share, with revenue ranging from $5.8 billion t...

Coach parent Tapestry buying Capri, owner of Michael Kors and Versace, in $8.5 billion deal

Published Thu, 20 Feb 2025 19:41:24 GMT

NEW YORK (AP) — Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings. The approximately $8.5 billion deal puts Tapestry in a better position to take on its big European fashion rivals. U.S. fashion houses have been attempting to take on powerhouses in Europe like LVMH and Kering.Tapestry Inc., whose brands also include Kate Spade and Stuart Weitzman, said Thursday that the combined company had global annual sales of more than $12 billion and has a presence in more than 75 countries. “The combination of Coach, Kate Spade, and Stuart Weitzman together with Versace, Jimmy Choo, and Michael Kors creates a new powerful global luxury house,” Tapestry CEO Joanne Crevoiserat said in a statement.Capri Holdings Ltd. shareholders will receive $57.00 per share in cash. “By joining with Tapestry, we will have greater resources and capabilities to accelerate the expansi...

Rocket Pharmaceuticals: Q2 Earnings Snapshot

Published Thu, 20 Feb 2025 19:41:24 GMT

CRANBURY, N.J. (AP) — CRANBURY, N.J. (AP) — Rocket Pharmaceuticals Inc. (RCKT) on Thursday reported a loss of $65.7 million in its second quarter.On a per-share basis, the Cranbury, New Jersey-based company said it had a loss of 82 cents.The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 80 cents per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RCKT at https://www.zacks.com/ap/RCKTSource

Cogent: Q2 Earnings Snapshot

Published Thu, 20 Feb 2025 19:41:24 GMT

WASHINGTON (AP) — WASHINGTON (AP) — Cogent Communications Group Inc. (CCOI) on Thursday reported second-quarter net income of $1.12 billion.The Washington-based company said it had profit of $23.65 per share. Losses, adjusted for non-recurring gains, were 13 cents per share.The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.The internet service provider posted revenue of $239.8 million in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $259.8 million.Cogent shares have risen 2% since the beginning of the year._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCOI at https://www.zacks.com/ap/CCOISource

CyberArk: Q2 Earnings Snapshot

Published Thu, 20 Feb 2025 19:41:24 GMT

PETACH-TIKVA, Israel (AP) — PETACH-TIKVA, Israel (AP) — CyberArk Software Ltd. (CYBR) on Thursday reported a loss of $25.8 million in its second quarter.On a per-share basis, the Petach-Tikva, Israel-based company said it had a loss of 62 cents. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.The maker of software that detects attacks on privileged accounts posted revenue of $175.8 million in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $173.2 million.For the current quarter ending in September, CyberArk expects its per-share earnings to range from 19 cents to 27 cents.The company said it expects revenue in the range of $181.5 million to $186.5 million for the fiscal third quarter.CyberArk expects full-year earnings in the range of 44 cents to 63 cents per sha...

WalkMe: Q2 Earnings Snapshot

Published Thu, 20 Feb 2025 19:41:24 GMT

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — WalkMe Ltd. (WKME) on Thursday reported a loss of $13.6 million in its second quarter.The Tel Aviv, Israel-based company said it had a loss of 15 cents per share. Earnings, adjusted for one-time gains and costs, came to less than 1 cent on a per-share basis.The operator of cloud-based digital adoption platform posted revenue of $66.2 million in the period.For the current quarter ending in September, WalkMe said it expects revenue in the range of $66 million to $68 million.The company expects full-year revenue in the range of $266 million to $270 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WKME at https://www.zacks.com/ap/WKMESource

US secretary of education to visit Aurora

Published Thu, 20 Feb 2025 19:41:24 GMT

AURORA, Colo. (KDVR) — Thursday morning, U.S. Secretary of Education Miguel Cardona will be in Aurora for a conversation with Gov. Jared Polis.  Cardona and Polis will meet as part of the Biden administration's "Unlocking Pathways Summit" at the Community College of Aurora.Cardona is expected to highlight portions of Biden's economic agenda, likely emphasizing job growth opportunities tied to federal investments, according to officials. He also plans to discuss future careers in sectors like clean energy, cyber security and other high-demand fields. Voters to decide on $550 million plan to fund Douglas County schools In an official statement, Cardona's team said:The Summit complements the Biden-Harris administration’s workforce hubs, which were launched earlier this year in an initial set of five cities that are seeing an influx of private and public investment spurred by President Biden’s Investing in America agenda. The Hubs focus on bringing together industry, state, local and ...