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Small cap mobile game stock Glu Mobile Inc (NASDAQ: GLUU) reported Q2 2017 earnings after the market closed on Tuesday. Revenue grew 42% year over year to $68.7 million while bookings increased 62% to $82.5 million (which exceed high end of guidance) and Design Home peaked as the #17 top grossing game on U.S. App Store for iPhone. The net loss was $23.568 million versus a net loss of $17.949....More>>>
Luxoft Holding (NYSE:LXFT) announced strong fiscal fourth-quarter results on Monday, after the market closed. Similar to its modest post-earnings drop in February, shares of the software development specialist fell 3.6% on Tuesday as investors absorbed the news.
Keeping in mind that shares are still up more than 12% so far in 2017, let’s take a closer look at how Luxoft ended its....More>>>
Mobile payment leader PayPal Holdings (NASDAQ:PYPL) is set to report its first-quarter 2018 earnings on April 25, after the market close. The company is coming off an incredible year of growth that saw revenue and non-GAAP earnings per share grow 22% and 27%, respectively (excluding the effect of exchange rate fluctuations).
PayPal is benefiting from two megatrends: the digitization of cash....More>>>
In November 2017, chip giant Broadcom (NASDAQ:AVGO) offered to buy fellow chipmaker Qualcomm (NASDAQ:QCOM) for $70 per share, a 28% premium to Qualcomm’s closing price before speculation about the bid leaked. Qualcomm shares had been significantly depressed prior to Broadcom’s offer amid an ugly legal battle with Apple (NASDAQ:AAPL) that threatened to destroy Qualcomm’s wireless....More>>>
Trimble (NASDAQ:TRMB) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.81-1.89 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.77. The company issued revenue guidance of $3.14-3.19 billion, compared to the consensus revenue estimate of $3.11 billion.Trimble also updated its Q3 guidance to $0.43-0.47 EPS.
Paycom Software (NYSE:PAYC) reported second-quarter results on Tuesday, and they showed that sales growth accelerated modestly during the period to 31%, which easily exceeded the high end of management’s guidance range. At the same time, expense growth continued to trail sales growth, which enabled magnified gains on the bottom line. When coupled with stock buybacks, non-GAAP earnings per....More>>>
For years, huge growth in the recreational vehicle industry helped support demand for the accessories and components that go into those vehicles. LCI Industries (NYSE:LCII) was a big beneficiary of the RV boom, and the company turned good times into impressive share-price gains. However, all good things come to an end, and in a business that’s notoriously cyclical, some saw it as just a matter....More>>>
Mercantile Bank (NASDAQ:MBWM) will issue its quarterly earnings data before the market opens on Tuesday, October 16th. Analysts expect the company to announce earnings of $0.61 per share for the quarter.
Mercantile Bank (NASDAQ:MBWM) last issued its quarterly earnings data on Tuesday, July 17th. The financial services provider reported $0.57 earnings per share for the quarter, meeting analysts’....More>>>
The skies of the U.S. economy are clear and sunny, but many analysts see storm clouds on the horizon.
By many measures, the economy is in its best shape since the Great Recession of 2007 to 2009. Employment hit an 18-year low of 3.8% in May. Average wage growth is widely expected to reach 3% by the end of the year. And the economy is projected to grow nearly 3% in 2018 for just the second....More>>>
Brokerages predict that Radware Ltd. (NASDAQ:RDWR) will announce earnings per share (EPS) of $0.11 for the current quarter, according to Zacks. Three analysts have issued estimates for Radware’s earnings, with the lowest EPS estimate coming in at $0.10 and the highest estimate coming in at $0.11. Radware posted earnings per share of $0.04 in the same quarter last year, which would suggest....More>>>
Baozun Inc. (NASDAQ:BZUN) may not be a household name in the U.S., but there’s a good reason for investors to learn more about this high-flying Chinese e-commerce play.
Shares have already soared since its 2015 initial public offering: The stock has gone up 450%. It’s nearly tripled over the last year, as revenue growth has accelerated in recent quarters, and profitability has....More>>>
Medtronic (MDT) is higher Monday, helped by a bullish note from SunTrust Robinson Humphrey.
Medtronic Micra pacemaker Medtronic/Associated Press
Analyst Bruce Nudell and his team intitiated coverage of the stock with a Buy rating and $93 price target. Nudell writes that he likes Medtronic’s leadership position across major markets, and he believes it can sustain mid-single digit....More>>>
Equities analysts expect that Ormat Technologies (NYSE:ORA) will announce earnings of $0.54 per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Ormat Technologies’ earnings. The lowest EPS estimate is $0.51 and the highest is $0.58. Ormat Technologies posted earnings of $0.58 per share during the same quarter last year, which....More>>>
When it comes to the dollar, U.S. Treasury Secretary Steven Mnuchin may soon come to realize that talk isn’t always cheap.
The greenback registered its steepest slide since March on Wednesday after Mnuchin said “a weaker dollar is good” for U.S. trade. But history shows that currency jawboning has a limited effect and can even backfire, as former Treasury Secretaries....More>>>