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Altair Engineering: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 10:31:45 GMT

TROY, Mich. (AP) — TROY, Mich. (AP) — Altair Engineering Inc. (ALTR) on Thursday reported a first-quarter loss of $2 million, after reporting a profit in the same period a year earlier.The Troy, Michigan-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 36 cents per share.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.The company posted revenue of $166 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $157.1 million.For the current quarter ending in June, Altair Engineering said it expects revenue in the range of $138 million to $140 million. Analysts surveyed by Zacks had expected revenue of $150 million.The company expects full-year revenue in the range of $614 million to $624 million.Altair Engineering shares have risen 47% since the beginning of the year, while ...

Perdoceo Education: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 10:31:45 GMT

SCHAUMBURG, Ill. (AP) — SCHAUMBURG, Ill. (AP) — Perdoceo Education Corporation (PRDO) on Thursday reported profit of $34.5 million in its first quarter.The Schaumburg, Illinois-based company said it had profit of 50 cents per share. Earnings, adjusted for non-recurring costs, came to 58 cents per share.The for-profit education company posted revenue of $195.6 million in the period.For the current quarter ending in June, Perdoceo Education expects its per-share earnings to range from 51 cents to 53 cents.The company expects full-year earnings in the range of $1.68 to $1.86 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 PRDO at https://www.zacks.com/ap/PRDOSource

Quaker Chemical: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 10:31:45 GMT

CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Quaker Chemical Corp. (KWR) on Thursday reported first-quarter net income of $29.5 million.The Conshohocken, Pennsylvania-based company said it had profit of $1.64 per share. Earnings, adjusted for non-recurring costs, came to $1.89 per share.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.The specialty chemical company posted revenue of $500.1 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 KWR at https://www.zacks.com/ap/KWRSource

Bio-Rad: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 10:31:45 GMT

HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO.B) on Thursday reported first-quarter net income of $69 million, after reporting a loss in the same period a year earlier.On a per-share basis, the Hercules, California-based company said it had profit of $2.32. Earnings, adjusted for non-recurring costs, were $3.34 per share.The maker of instruments used in biomedical research posted revenue of $676.8 million in the period.Bio-Rad shares have climbed 16% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $467.95, a fall of 18% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIO.B at https://www.zacks.com/ap/BIO.BSource

DoorDash beats Q1 forecasts as it expands services, markets

Published Fri, 15 Nov 2024 10:31:45 GMT

DoorDash posted stronger-than-expected results in the first quarter as it expanded into new markets overseas and new delivery categories at home.The San Francisco company said Thursday that its total orders rose 27% to 512 million in the January-March period. That was well above the 493 million orders Wall Street forecast, according to analysts polled by FactSet.Based on its first quarter results, DoorDash raised its guidance for gross order value, which is the total dollar value of all orders plus taxes, tips and DashPass membership fees. DoorDash now expects full-year gross order value between $63 billion and $64.5 billion, up from $60 billion to $63 billion previously.DoorDash shares rose nearly 5% in after-market trading.DoorDash acquired the Finnish delivery service Wolt Enterprises last summer, allowing it to expand in 22 countries where it previously had no presence, including Germany, Sweden, Hungary and Israel.DoorDash CEO Tony Xu said many European restaurants and stores a...

Hannon Armstrong: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 10:31:45 GMT

ANNAPOLIS, Md. (AP) — ANNAPOLIS, Md. (AP) — Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI) on Thursday reported first-quarter earnings of $24.1 million.On a per-share basis, the Annapolis, Maryland-based company said it had profit of 26 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 53 cents per share.The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.The provider of financing for sustainable infrastructure projects posted revenue of $69.1 million in the period. Its adjusted revenue was $30 million, missing Street forecasts. Four analysts surveyed by Zacks expected $32.7 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HASI at https://www.zacks.com/ap/HASISource

Rockies use 5-run 8th to surge to sweep over Brewers

Published Fri, 15 Nov 2024 10:31:45 GMT

DENVER (AP) — Charlie Blackmon had two hits and two RBIs, and the Colorado Rockies used a five-run eighth inning to earn a 9-6 come-from-behind victory against the Milwaukee Brewers on Thursday.With the victory, the Rockies extended their season-best win streak to four games and won for the sixth time in their past nine games after starting the season 6-17. For the Brewers, it was their fourth consecutive loss, their longest drought of the season, and their seventh defeat in their past 10 games following a 15-6 start.Trailing 4-0, Colorado tied the game with a four-run seventh inning that was jump-started by Ezequiel Tovar’s two-run double that chased Milwaukee starter Wade Miley from the game. Miley had given up just one hit in the first five innings.After Harold Castro’s pinch-hit, two-run single to right field in the eighth inning gave the Rockies their first lead of the game at 6-4, Elias Diaz brought another run home with a sacrifice fly to right field and Blackmon’s two-...

Select Medical: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 10:31:45 GMT

MECHANICSBURG, Pa. (AP) — MECHANICSBURG, Pa. (AP) — Select Medical Holdings Corp. (SEM) on Thursday reported first-quarter profit of $70.8 million.On a per-share basis, the Mechanicsburg, Pennsylvania-based company said it had net income of 56 cents.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.The hospital and rehabilitation center operator posted revenue of $1.66 billion in the period.Select Medical expects full-year earnings to be $1.75 to $1.99 per share, with revenue in the range of $6.5 billion to $6.7 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SEM at https://www.zacks.com/ap/SEMSource

NN: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 10:31:45 GMT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — NN Inc. (NNBR) on Thursday reported a loss of $10.2 million in its first quarter.The Charlotte, North Carolina-based company said it had a loss of 29 cents per share. Losses, adjusted for non-recurring costs, came to 12 cents per share.The industrial parts maker posted revenue of $127.1 million in the period.NN expects full-year revenue in the range of $515 million to $545 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NNBR at https://www.zacks.com/ap/NNBRSource

Braves star Acuña Jr. exits after fouling ball off left leg

Published Fri, 15 Nov 2024 10:31:45 GMT

MIAMI (AP) — Atlanta Braves slugger Ronald Acuña Jr. was removed from Thursday’s game against the Miami Marlins out of precaution after he fouled a ball off his left knee in the sixth inning, just three days after he was removed against the New York Mets with a bruised left shoulder.Acuña was on the ground for a while grabbing at his left leg, but finished the four-pitch at bat and returned to right field in the bottom of the sixth.He was then replaced by Sam Hilliard, who went to centerfield, and centerfielder Kevin Pillar took Acuña’s place in right field.Acuña was removed from the second game of Monday’s doubleheader against the Mets with a bruised left shoulder after getting hit by a 93 mph fastball from Tylor Megill.Leading off the game, Acuña was drilled with an 0-2 pitch. He sat on the ground for a while holding his shoulder in obvious pain while receiving attention from an athletic trainer.Acuña was 1 for 3 Monday and stole his 15th base of the season.___AP MLB: ...