Elbit Systems Ltd. (ESLT) said that it has secured an initial contract of about $37 million to supply Iron Fist Active Protection Systems or APS to General Dynamics Ordnance and Tactical Systems for upgrades to the U.S. Army's Bradley M2A4E1 Infantry Fighting Vehicles or IFVs. The contract spans a 24-month...
ADTRAN Holdings Inc. (ADTN) expects to record a material non-cash goodwill impairment in the first quarter of 2024 on the carrying amount of goodwill solely allocated to the Network Solutions segment in an estimated amount of $293 million.
The quantitative impairment assessment was triggered as a...
Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its first quarter net earnings attributable to shareholders declined to $12.7 billion or $8,825 per Class A share from $35.5 billion or $24,377 per Class A share in the same quarter last year.
Earnings before income...
Stock of Owens & Minor, Inc. (OMI) is falling over 21 percent on Friday despite reporting a substantial improvement in loss for the first quarter.
Net loss totaled $21.9 million or $0.29 per share versus $24.4 million or $0.32 per share in year-ago quarter.
On adjusted basis, earnings stood at...
Sixt SE (SIXGF.PK) Friday announced that revenue increased by 12.3 percent to 780.2 million euros in the first quarter, primarily due to strong demands.
EBITDA for the period stood at 217.8 million euros, whereas EBT totaled minus 27.5 million euros.
The rental and leasing services provider also...
Conduent Inc. (CNDT), a technology-led business solutions and services company, announced an agreement to sell its Casualty Claims Solutions business to managed care organization MedRisk for $240 million in cash.
In pre-market activity on the Nasdaq, Conduent shares were gaining around 7.4 percent...
Italian bank Intesa Sanpaolo (ISNPY.PK, IITSF.PK) reported Friday that its first-quarter net income climbed 17.6 percent to 2.30 billion euros from last year's 1.96 billion euros.
Gross income went up 16.9 percent to 3.93 billion euros from last year's 3.36 billion euros.
Operating income grew...
Cheniere Energy Partners, L.P. (CQP) Friday reported net income of $682 million or $1.18 per share for the first quarter, significantly lower than $1.935 billion or $3.50 per share in the same quarter a year ago, primarily impacted by an unfavorable change in fair value of derivative instruments.
The...
Uniti Group Inc. (UNIT), a real estate investment trust, Friday reported net income of $40.89 million or $0.16 per share for the first quarter, compared with net loss of $19.45 million or $0.08 per share in the same quarter a year ago, mainly due to lower expenses.
The company posted Funds From Operations...
AEON Biopharma, Inc. (AEON) Friday said its preliminary top-line results from the interim analysis of Phase 2 study of ABP-450 for the preventive treatment of migraine did not meet primary goal.
The primary endpoint of the study was mean reduction in monthly migraine days (MMD). ABP-450 did not show...
Adient plc (ADNT) posted a second quarter net loss attributable to company of $70 million compared to a loss of $15 million, last year. Loss per share was $0.77 compared to a loss of $0.16. Adjusted profit per share increased to $0.54 from $0.32. On average, ten analysts polled by Thomson Reuters expected...
Chart Industries, Inc. (GTLS), a manufacturer of engineered equipment, Friday reported net income from continuing operations of $6.7 million or $0.14 per share for the first quarter compared with net loss of $22.7 million or $0.54 per share in the same quarter a year ago, mainly helped by growth in revenue....
Essent Group Ltd. (ESNT), a private mortgage insurance company, Friday reported net income of $181.72 million or $1.70 per share for the first quarter, higher than $170.83 million or $1.59 per share in the same quarter a year ago, primarily driven by earned premiums.
On average, 11 analysts polled...
Borussia Dortmund posted a preliminary third quarter consolidated net loss after taxes of 21.7 million euros compared to a loss of 15.2 million euros, prior year. Consolidated earnings before taxes or EBT was negative at 25.4 million euros compared to a negative EBT of 18.8 million euros.
Consolidated...
Fluor Corporation (FLR) Friday reported a profit of $59 million or $0.34 per share for the first quarter, compared with a loss of $117 million or $0.82 per share in the same quarter a year ago, primarily due to lower expenses.
Revenue for the quarter declined to $3.734 billion from $3.752 billion...