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MACOM Technology Q2 Earnings and Revenues Beat Estimates, Stock Up
ZACKS· 2025-05-09 15:55
MACOM Technology Solutions Holdings, Inc. (MTSI) reported second-quarter fiscal 2025 earnings of 85 cents per share, which beat the Zacks Consensus Estimate by 1.2%. This company reported earnings of 59 cents per share a year ago.MACOM Technology’s earnings beat the Zacks Consensus Estimate twice in the trailing four quarters while missing the same on the other two occasions, the average surprise being 0.75%.MTSI posted revenues of $235.89 million in the second quarter of fiscal 2025, surpassing the Zacks C ...
Lamar's Q1 AFFO Beats Estimates, Revenues Increase Y/Y
ZACKS· 2025-05-09 15:55
Lamar Advertising Company (LAMR) reported first-quarter 2025 adjusted funds from operations (AFFO) per share of $1.60, which outpaced the Zacks Consensus Estimate of $1.54. The figure also compared favorably with the prior-year quarter's tally of $1.54.Results reflect year-over-year growth in the top line. However, higher direct advertising and general and administrative expenses during the quarter acted as a dampener. LAMR has also reaffirmed its full-year 2025 outlook.Quarterly net revenues of $505.4 mill ...
Scott+Scott Attorneys at Law LLP Reminds Investors of the Ongoing Action Against Treace Medical Concepts, Inc. (NASDAQ: TMCI)
GlobeNewswire News Room· 2025-05-09 15:55
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, has filed a securities class action lawsuit in the United States District Court for the Middle District of Florida against Treace Medical Concepts, Inc. (“Treace Medical” or the “Company”) (NASDAQ: TMCI), and certain of its former and current officers and/or directors (collectively, “Defendants”). The Class Action asserts claims under §§10(b) and 20(a ...
DraftKings Cuts 2025 Outlook, Says Favored Teams Winning Drives Lower Margins
PYMNTS.com· 2025-05-09 15:51
Highlights DraftKings’ Q1 2025 earnings results were impacted by a record-high win rate for high seeds during March Madness, favoring bettors and cutting into the company’s sportsbook margins — although revenue still rose 20% year over year to $1.41 billion. DraftKings is investing in AI and unique betting features, enhancing product offerings and customer experience while positioning itself as a leader in innovation. The company lowered its 2025 guidance due to short-term unfavorable outcomes but em ...
Merger Presents Growth Opportunity For Berkshire Hills Bancorp
Seeking Alpha· 2025-05-09 15:47
At the end of last month, Berkshire Hills Bancorp (NYSE: BHLB ) reported Q1 2025 results that beat expectations on both the top and bottom line. Non-GAAP earnings of $0.60 were 13% better than anticipated and over 22% better than the same period last year. NetI have been involved in the financial world for over 20 years with experience as an advisor, teacher, and writer. I am a full believer in the free-market system and that financial markets are efficient with most stocks reflecting their real current val ...
Brewing change: USW celebrates first contracts at five newly unionized Starbucks locations
GlobeNewswire News Room· 2025-05-09 15:47
Core Points - The United Steelworkers union (USW) has successfully ratified the first collective agreements at five Starbucks locations in Ontario, marking a significant milestone for workers' rights [2][3] - The ratification is seen as a powerful step forward for Starbucks workers, with ongoing efforts to expand union representation across Ontario and the Atlantic provinces [3][4] - The USW emphasizes the importance of solidarity among workers, encouraging more Starbucks employees to join the movement for better working conditions and fair treatment [4][8] Summary by Sections Collective Agreements - Five Starbucks locations in Ontario have ratified their first collective agreements, including stores in Waterloo, Ajax, Kitchener, and Toronto [2][5] - This achievement follows the successful efforts of workers to form a union with the USW, highlighting the growing momentum for unionization in the region [2][3] Worker Empowerment - USW District 6 Director Kevon Stewart stated that baristas are organizing and winning improvements in their workplaces, which reflects the power of collective action [3] - The union is committed to supporting workers at other locations in their efforts to unionize and secure fair contracts [4] Union Growth - The USW aims to expand its representation at Starbucks stores throughout Ontario and Canada, reinforcing the message that solidarity leads to better working conditions [3][4] - The union encourages Starbucks employees from other stores to join the movement, emphasizing the importance of collective efforts in achieving rights and respect at work [4][8]
RCKT's Q1 Loss Narrower Than Expected, Pipeline in Focus
ZACKS· 2025-05-09 15:45
Rocket Pharmaceuticals (RCKT) incurred a loss of 56 cents per share in the first quarter of 2025, narrower than the Zacks Consensus Estimate of a loss of 59 cents. The company reported a loss of 66 cents per share in the year-ago quarter.In the absence of a marketed product in its portfolio, Rocket Pharmaceuticals did not record any revenues in the reported quarter. The Zacks Consensus Estimate for the company’s total revenues was $8 million. (See the Zacks Earnings Calendar to stay ahead of market-making n ...
EPAM Systems Q1 Earnings and Revenues Beat Estimates, Stock Up
ZACKS· 2025-05-09 15:45
EPAM Systems (EPAM) reported first-quarter 2025 non-GAAP earnings of $2.41 per share, which beat the Zacks Consensus Estimate by 6.2%. The bottom line decreased from the year-ago quarter’s earnings of $2.46 per share.EPAM’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 8.32%.The company's first-quarter revenues of $1.3 billion surpassed the consensus mark by 1.37%.EPAM’s top line rose 11.1% year over year, demonstrating an improvement acros ...
Franco-Nevada Announces Election of Directors
Prnewswire· 2025-05-09 15:45
TORONTO, May 9, 2025 /PRNewswire/ - Franco-Nevada Corporation announced that the nominees listed in the management proxy circular for the 2025 Annual and Special Meeting of Shareholders were elected as directors of the Corporation.  Detailed results of the vote for the election of directors held at the Annual Meeting yesterday in person and by webcast are set out below. Nominee Votes For    % For     Votes Against % Against David Harquail 148,559,616 97.47 % 3,861,770 2.53 % Paul Brin ...
Rocket Lab: Still A Buy Despite High Valuation
Seeking Alpha· 2025-05-09 15:42
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Rocket Lab USA (NASDAQ: RKLB ) posted its first quarter results on May 9, beating analyst estimates on the top and bottom line. The stock price declined slightly in post-market trading, which to me actually does not mean much especially since theDh ...