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Omeros: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 00:50:26 GMT

SEATTLE (AP) — SEATTLE (AP) — Omeros Corporation (OMER) on Thursday reported a loss of $37.8 million in its third quarter.On a per-share basis, the Seattle-based company said it had a loss of 60 cents. Losses, adjusted to account for discontinued operations, came to 82 cents per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OMER at https://www.zacks.com/ap/OMERSource

Regulus: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 00:50:26 GMT

SAN DIEGO (AP) — SAN DIEGO (AP) — Regulus Therapeutics Inc. (RGLS) on Thursday reported a loss of $7.8 million in its third quarter.The San Diego-based company said it had a loss of 40 cents per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGLS at https://www.zacks.com/ap/RGLSSource

Vuzix: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 00:50:26 GMT

WEST HENRIETTA, N.Y. (AP) — WEST HENRIETTA, N.Y. (AP) — Vuzix Corp. (VUZI) on Thursday reported a loss of $11 million in its third quarter.On a per-share basis, the West Henrietta, New York-based company said it had a loss of 17 cents.The wearable device maker posted revenue of $2.2 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VUZI at https://www.zacks.com/ap/VUZISource

CS Disco: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 00:50:26 GMT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CS Disco Inc. (LAW) on Thursday reported a loss of $1 million in its third quarter.The Austin, Texas-based company said it had a loss of 2 cents per share. Losses, adjusted for stock option gains, came to 6 cents per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.The legal technology company posted revenue of $34.9 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $34.3 million.For the current quarter ending in December, CS Disco said it expects revenue in the range of $34 million to $36 million.The company expects full-year revenue in the range of $136.3 million to $138.3 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAW at https://www.zacks.com/ap/LA...

Lions Gate: Fiscal Q2 Earnings Snapshot

Published Wed, 12 Feb 2025 00:50:26 GMT

SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Lions Gate Entertainment Corp. (LGF.A) on Thursday reported a loss of $886.2 million in its fiscal second quarter.The Santa Monica, California-based company said it had a loss of $3.79 per share. Earnings, adjusted for asset impairment costs and restructuring costs, came to 21 cents per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.The motion picture producer and distributor posted revenue of $1.02 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $986.4 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LGF.A at https://www.zacks.com/ap/LGF.ASource

The Trade Desk: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 00:50:26 GMT

VENTURA, Calif. (AP) — VENTURA, Calif. (AP) — The Trade Desk Inc. (TTD) on Thursday reported third-quarter profit of $39.4 million.The Ventura, California-based company said it had net income of 8 cents per share. Earnings, adjusted for stock option expense, were 33 cents per share.The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.The digital-advertising platform operator posted revenue of $493.3 million in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $486.9 million.For the current quarter ending in December, The Trade Desk said it expects revenue in the range of $580 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTD at https://www.zacks.com/ap/TTDSource

Plug Power: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 00:50:26 GMT

LATHAM, N.Y. (AP) — LATHAM, N.Y. (AP) — Plug Power Inc. (PLUG) on Thursday reported a loss of $283.5 million in its third quarter.On a per-share basis, the Latham, New York-based company said it had a loss of 47 cents.The results did not meet Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 32 cents per share.The alternative energy company posted revenue of $198.7 million in the period, which also did not meet Street forecasts. Twelve analysts surveyed by Zacks expected $237.8 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLUG at https://www.zacks.com/ap/PLUGSource

News Corp.: Fiscal Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 00:50:26 GMT

NEW YORK (AP) — NEW YORK (AP) — News Corp. (NWSA) on Thursday reported net income of $30 million in its fiscal first quarter.The New York-based company said it had profit of 5 cents per share. Earnings, adjusted for one-time gains and costs, were 16 cents per share.The publishing company whose flagship is The Wall Street Journal posted revenue of $2.5 billion in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NWSA at https://www.zacks.com/ap/NWSASource

How major US stock indexes fared Thursday, 11/9/2023

Published Wed, 12 Feb 2025 00:50:26 GMT

Stocks fell on Wall Street as the pressure cranked higher from the bond market again. The S&P 500 lost 0.8% Thursday. The Dow fell 220 points, and the Nasdaq composite gave back 0.9%. Stocks had been higher earlier in the day, but the market quickly sagged under the weight of rising bond yields. Yields rose after the government announced the results of a sale of 30-year Treasury bonds. They went even higher after Federal Reserve Chair Jerome Powell said the Fed will not hesitate to raise interest rates again if it feels that inflation isn’t under control.On Thursday:The S&P 500 fell 35.43 points, or 0.8%, to 4,347.35.The Dow Jones Industrial Average fell 220.33 points, or 0.6%, to 33,891.94.The Nasdaq composite fell 128.97 points, or 0.9%, to 13,521.45.The Russell 2000 index of smaller companies fell 26.83 points, or 1.6% to 1,687.24.For the week:The S&P 500 is down 10.99 points, or 0.3%.The Dow is down 169.38 points, or 0.5%.The Nasdaq is up 43.16 points, or 0.3%.The Ru...

Polis announces special session after voters reject Prop HH

Published Wed, 12 Feb 2025 00:50:26 GMT

DENVER (KDVR) — Gov. Jared Polis announced a special legislative session will be held following the failure of Proposition HH.Polis has been quiet since the proposition failed on election night. The measure failed with more than 60% of voters rejecting it.However, high property taxes still loom over Colorado property owners.Thursday morning, Polis announced that he would be making a "major announcement" at 10:15 a.m. Polis walked into the meeting, grabbed a pair of safety goggles and a bat and smashed a glass case to grab the plan B on property taxes. Results: Colorado’s 2023 ballot measures Polis called the General Assembly to meet on Nov. 17 at 9 a.m. to address rising property taxes. The governor signed the executive order that would call for the special session during his announcement. During the special session, Polis is asking the legislature to tackle providing immediate relief for Coloradans who are at risk of receiving 40-50% increases in their property tax bill."Pas...