Newsflash: HII Inks Major Multiyear Contract; Cardlytics Beats Estimates
- August 01st, 2023
- 434 views
HII's (NYSE: HII) Ingalls Shipbuilding division has been awarded a significant fixed-price incentive multiyear contract for constructing six DDG 51 class ships, with deliveries spanning fiscal years 2023 to 2027.
The contract includes options for additional DDG 51 class ships, but specific dollar values are not disclosed at this time due to their sensitive nature.
$HII remains unchanged at $229.97 in after-hours trading.
In another development, shares of Cardlytics, Inc. (Nasdaq: CDLX) witnessed an impressive surge of over 20% in in the extended session after reporting better-than-expected financial results for the second quarter of 2023.
The company reported a loss of $0.24 per share on revenue of $76.70 million, beating the consensus estimate of a loss of $0.35 per share on revenue of $69.07 million for the period.
$CDLX was trading at $13.60, reflecting a gain of $2.33 (+20.67%) in after-hours.
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