Latest News Releases From The Newsroom
Mixed Q1 Results: Rivian Automotive Surges Despite Loss, Virgin Galactic Faces Market Downturn, GoPro Struggles to Meet Expectations
May 10th, 2023
Rivian Automotive, Inc. (Nasdaq: RIVN) released its Q1 financial results, reporting an adjusted net loss of $1.43 per share. This result was slightly better than the consensus estimate of a loss of $1.59 per share. Despite the loss, there seems to be. Read more
CTI BioPharma's Acquisition Deal and Addex Therapeutics' Promising Clinical Study Drive Market Enthusiasm
May 10th, 2023
CTI BioPharma Corp. (Nasdaq: CTIC) has recently made headlines with the announcement of a significant development. The company has entered into a definitive agreement with Swedish Orphan Biovitrum AB, which will acquire CTI in an all-cash transaction. Read more
Airbnb Beats Q1 Earnings Estimates but Suffers Stock Price Drop, RingCentral Soars in After-Hours Trading
May 09th, 2023
Airbnb, Inc. (Nasdaq: ABNB) reported better-than-expected earnings for Q1, with an EPS of $0.18, compared to the consensus estimate of $0.09. However, this news did not sit well with investors, as ABNB's stock price saw a significant decrease of $14.. Read more
Q1 Earnings Roundup: Akamai Beats Estimates, Axon Sees Slight Dip, Cutera Takes a Hit, and Wynn Resorts Holds Steady
May 09th, 2023
In the latest round of Q1 earnings reports, Akamai Technologies, Inc. (Nasdaq: AKAM) beat consensus estimates with an adjusted EPS of $1.40, compared to the expected $1.32. This news was well-received by investors, as AKAM's stock price increased by . Read more
Q1 Earnings Report Roundup: Ziff Davis Shines, Hyliion and Eos Energy Make Gains, B2Gold Sees Modest Increase
May 09th, 2023
Four companies have released their Q1 earnings reports, with three of them seeing positive movement in their after-hours trading prices. Hyliion Holdings Corp. (NYSE: HYLN) reported a Q1 loss of $0.16 per share, which was slightly better than the . Read more
Harmonic Beats Q1 Earnings Estimates, Trex Company Upgraded to Buy, MSCI Receives Overweight Rating and Price Target at Wells Fargo
May 09th, 2023
Harmonic Inc. (Nasdaq: HLIT) reported better than expected Q1 earnings, with adjusted earnings per share (EPS) of $0.12, beating the consensus estimate of $0.08. This news led to a surge in the company's stock price, which rose by 19.70% to $16.14 in. Read more
Longeveron's Lomecel-B shows promise for HLHS patients; Plug Power and Genius Sports report mixed Q1 earnings
May 09th, 2023
Longeveron Inc. (Nasdaq: LGVN) released new long-term follow-up data from its ELPIS I trial, highlighting the potential survival benefit of Lomecel-B for patients with hypoplastic left heart syndrome (HLHS). HLHS is a rare and life-threatening congen. Read more
Biotech Companies Report Q1 Results: Neuronetics Beats Consensus, Voyager Therapeutics Surpasses Expectations, Y-mAbs Therapeutics Outperforms Estimates
May 09th, 2023
Neuronetics, Inc. (Nasdaq: STIM) has reported a Q1 loss of $0.38 per share, which was slightly better than the consensus loss of $0.39 per share. As of this writing, $STIM is trading at $2.89, up by 31.36% or $0.69. Meanwhile, Voyager Therapeutics. Read more
Novavax Reports Better-than-Expected Q1 Loss, Implements Cost-Cutting Measures to Extend Cash Runway and Improve Efficiency
May 09th, 2023
Novavax, Inc. (Nasdaq: NVAX) reported a Q1 loss of $3.41 per share, slightly better than the consensus loss of $3.46 per share. In response to the challenging times, the company has announced cost-cutting measures to extend its cash runway a. Read more
Ensysce Biosciences Announces Successful Completion of Clinical Study for Pain Medication with Overdose Protection, Amgen and TScan Therapeutics Collaborate to Identify Antigens for Crohn's Disease Treatment
May 09th, 2023
Ensysce Biosciences, Inc. (Nasdaq: ENSC) has completed the clinical study of its first pain medication with overdose protection, PF614-MPAR, known as PF614-MPAR-101. The final Part B of the study showed that PF614-MPAR effectively reduced opioid deli. Read more
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