Latest Business News

CAE: Fiscal Q2 Earnings Snapshot

Nov. 12, 2024 16:29 PM EST

ST-LAURENT, Quebec (AP) — ST-LAURENT, Quebec (AP) — CAE Inc. (CAE) on Tuesday reported fiscal second-quarter earnings of $38.5 million. The St-Laurent, Quebec-based company said it had profit of 12 cents per share. Earnings, adjusted for restructuring costs, were 18 cents per...

Spotify: Q3 Earnings Snapshot

Nov. 12, 2024 16:26 PM EST

LUXEMBOURG (AP) — LUXEMBOURG (AP) — Spotify Technology SA (SPOT) on Tuesday reported third-quarter earnings of $329.7 million. On a per-share basis, the Luxembourg-based company said it had net income of $1.59. The results fell short of Wall Street expectations....

Maplebear: Q3 Earnings Snapshot

Nov. 12, 2024 16:26 PM EST

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Maplebear Inc. (CART) on Tuesday reported third-quarter net income of $118 million, after reporting a loss in the same period a year earlier. On a per-share basis, the San Francisco-based company said it had net income of 42 cents. ...

Residents urged to shelter in place after apparent explosion at Louisville business

Nov. 12, 2024 16:26 PM EST

LOUISVILLE, Ky. (AP) — At least two people were taken to hospitals and residents were urged to shelter in place after an apparent explosion at a Louisville, Kentucky, business on Tuesday. News outlets reported that neighbors heard what sounded like an explosion coming from a...

Occidental: Q3 Earnings Snapshot

Nov. 12, 2024 16:24 PM EST

HOUSTON (AP) — HOUSTON (AP) — Occidental Petroleum Corp. (OXY) on Tuesday reported third-quarter earnings of $1.13 billion. The Houston-based company said it had profit of 98 cents per share. Earnings, adjusted for non-recurring costs, came to $1 per share. The...

Skyworks: Fiscal Q4 Earnings Snapshot

Nov. 12, 2024 16:24 PM EST

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Skyworks Solutions Inc. (SWKS) on Tuesday reported fiscal fourth-quarter net income of $60.5 million. The Irvine, California-based company said it had net income of 37 cents per share. Earnings, adjusted for one-time gains and costs,...

Voyager Therapeutics: Q3 Earnings Snapshot

Nov. 12, 2024 16:20 PM EST

LEXINGTON, Mass. (AP) — LEXINGTON, Mass. (AP) — Voyager Therapeutics Inc. (VYGR) on Tuesday reported a loss of $9 million in its third quarter. On a per-share basis, the Lexington, Massachusetts-based company said it had a loss of 16 cents. The results topped Wall...

Fate Therapeutics: Q3 Earnings Snapshot

Nov. 12, 2024 16:20 PM EST

SAN DIEGO (AP) — SAN DIEGO (AP) — Fate Therapeutics Inc. (FATE) on Tuesday reported a loss of $47.7 million in its third quarter. On a per-share basis, the San Diego-based company said it had a loss of 40 cents. The results exceeded Wall Street expectations. The...

ZoomInfo: Q3 Earnings Snapshot

Nov. 12, 2024 16:20 PM EST

VANCOUVER, Wash. (AP) — VANCOUVER, Wash. (AP) — ZoomInfo Technologies Inc. (ZI) on Tuesday reported third-quarter net income of $23.8 million. The Vancouver, Washington-based company said it had profit of 7 cents per share. Earnings, adjusted for stock option expense and...

Corvus: Q3 Earnings Snapshot

Nov. 12, 2024 16:20 PM EST

BURLINGAME, Calif. (AP) — BURLINGAME, Calif. (AP) — Corvus Pharmaceuticals Inc. (CRVS) on Tuesday reported a loss of $40.2 million in its third quarter. The Burlingame, California-based company said it had a loss of 60 cents per share. Losses, adjusted for non-recurring costs,...