P10 Q2 Surpasses Estimates; Boeing Seals $109.5M+ Contracts
- August 11th, 2023
- 363 views
P10, Inc. (NYSE: PX), a technology solutions company specializing in innovative software applications, reported second-quarter 2023 earnings of $0.22 per share, surpassing the consensus EPS estimate of $0.18. The company's quarterly sales reached $62.50 million, exceeding the analysts' projected revenue of $57.13 million for the period.
$PX was trading at $13.00 in after-hours, reflecting a notable increase of $1.15 (+9.70%)
In other news, The Boeing Company (NYSE: BA) has been awarded significant contracts in the aerospace sector. A firm-fixed-price and cost type contract worth $94,099,251 has been granted for the integration and installation of modernization technology on two Boeing 777 aircraft. The contract, involving Foreign Military Sales (FMS) to India, is set to enhance aircraft capabilities. The Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity.
Additionally, Boeing has been granted a delivery order with a maximum value of $15,500,000 for the repair of the E6B aircraft. This order falls within a 10-year basic ordering agreement and is overseen by the Defense Logistics Agency Aviation, based in Philadelphia, Pennsylvania.
In after-hours, $BA was trading at $238.68, up $0.42 (+0.18%)
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