Groupon’s First-Quarter Results: A Mixed Bag, Retains Warning on ‘Going Concern’ Filing
Groupon Inc. reported a decrease in shares of over 1% in aftermarket trading on Wednesday, following the announcement of mixed quarterly results and a statement that it is “facing serious challenges” in remaining operational. The deals and coupons company has been struggling due to the widespread economic downturn caused by the COVID-19 pandemic, and the […]
Trulieve Defies Odds: Q1 Loss Smaller than Predicted, Revenue Just Shy of Expectations
Rewrite and expand this content to 900 words Trulieve Cannabis Corp. TCNNF CA:TRUL said Wednesday it had a net loss of $64 million, o 34 cents a share, in the first quarter, wider than the loss of $32 million, or 16 cents a share, posted in the year-earlier period. Excluding one-time items, the Tallahassee, Fla.-based […]
Shoals Stock Skyrockets: Q1 Revenue Surpasses $100M with Optimistic Outlook for Growth!
Shoals Technologies Inc. (SHLS) saw its shares jump more than 10% in after-hours trading on Monday after the company reported impressive quarterly earnings and revenue, including topping $100 million in sales for the first time. Shoals, a leading supplier of components for solar-energy systems, reported earnings of $14.3 million, or 10 cents a share, on […]
AMC Seeks Hollywood Surge with Stellar First-Quarter Earnings Just the Beginning
AMC Entertainment Holdings Inc. CEO Adam Aron is optimistic that the upcoming slate of Hollywood movies in 2023 will signify the next chapter in the movie theater chain’s post-pandemic recovery. The company’s stock is up 1.4% after AMC reported better-than-expected first-quarter revenue and adjusted earnings before the market opened on Friday. AMC’s Preferred Equity Units, […]
“Forex Alert: US Q1 GDP Report Captivates Investors – Don’t Miss the Action!”
On Thursday, April 27, the market is anticipating data releases and political news that could potentially impact the global financial landscape. Here is a comprehensive overview of the important events taking place today. The US Bureau of Economic Analysis’ will release its first estimate of first quarter Gross Domestic Product (GDP). Consensus among analysts suggests […]