-
MediPharm Touts Strong Q3 Revenue Growth, Continues To Expand Internationally
Monday, November 14, 2022 - 11:32am | 583MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) announced on Monday its financial results for the three months ended Sept. 30, 2022. The Canadian cannabis company grew its third-quarter sales quarter-over-quarter while reducing working capital. Subsequent to the quarter MediPharm...
-
Auxly Reports Lower Than Expected Q3 Revenue, Expects To Benefit From Portfolio & Pricing Adjustments
Monday, November 14, 2022 - 10:39am | 514Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) released on Monday its financial results for the three and nine months that ended Sept. 30, 2022. The Toronto-based company reported a 19% year-over-year drop in total net revenues to CA$19.8 million ($14.9 million) in the third quarter, which was...
-
Akerna Reports Software Revenue Increase Of 40% YTD, Double-Digit YoY Growth For Q3
Monday, November 14, 2022 - 9:58am | 487Akerna (NASDAQ: KERN) reported on Monday its unaudited financial results for the third quarter, which ended September 30, 2022. The company saw a “double-digit growth in reported software sales for the quarter,” Jessica Billingsley, CEO of Akerna, said. The Denver-based company also...
-
Here Is How Elon Musk Aims To Quintuple Twitter's Revenue By 2028
Saturday, May 7, 2022 - 2:24pm | 485Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has assured Twitter Inc (NYSE: TWTR) investors that he could increase the company's revenue by many folds within a couple of years. What Happened: Musk aims to increase Twitter's annual revenue to $26.4 billion by 2028, up from $5 billion...
-
Netflix's 'Squid Game' Will Generate About $900 Million: Bloomberg
Sunday, October 17, 2021 - 1:32pm | 322Netflix Inc's (NASDAQ: NFLX) biggest original series, 'Squid Game,' is expected to generate $900 million in value for the company, Bloomberg reports. What Happened: Bloomberg quoted internal Netflix documents and stated that 'Squid Game' cost $21.4 million to produce,...
-
Supreme Cannabis Reports Q2 Revenue Growth, Posts Adjusted EBITDA Of $3.6M
Friday, February 12, 2021 - 12:59pm | 285The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) has generated roughly $21.7 in gross revenue and $18.3 million in net revenue in the second quarter of fiscal 2021. Over the same period, recreational net revenue increased 70% to $12.7 million. Wholesale net revenue, including...
-
Hollister's Venom Hits CA$40M In Revenue YTD
Thursday, December 10, 2020 - 12:46pm | 242Cannabis company Hollister Biosciences Inc. (CSE: HOLL) (PINK: HSTRF) announced Thursday that its wholly-owned subsidiary, Venom Extracts, generated CA$40 million in revenue year to date. It’s the second and final revenue milestone Venom accomplished under the acquisition...
-
Aphria Revenue Spikes 23% In Yet Another Growth Quarter
Thursday, October 15, 2020 - 10:08am | 374Aphria Inc. (TSX: APHA) (NASDAQ: APHA) has achieved record gross revenue of CA$69.6 million in the first quarter, up by 23% compared to the previous period. This is the Leamington, Ontario-based company's sixth consecutive quarter of growth. "Our strong first-quarter...
-
Echo Beats On Revenue And Earnings In "Challenging Freight Market"
Thursday, February 6, 2020 - 12:23pm | 491Detailing its financial and operating results for the fourth quarter of 2019 on Wednesday after the close, Echo Global Logistics (NASDAQ: ECHO) reported non-GAAP earnings per share of 26 cents, beating the Street's estimate of 16 cents; Echo's revenue of $531.7 million beat estimates of $522...
-
Why Net Revenue Per Truck Per Week Is A Key Metric
Wednesday, February 5, 2020 - 1:47pm | 941Revenue per truck per week is defined as the total amount of linehaul and accessorial revenue generated by a trucking company, divided by the count of a carrier's trucks, within a given week. The TCA Profitability Program (TPP) considers this measure a ‘leading indicator,' as higher readings (...
-
Amazon Made It Happen And Gained The $1 Trillion Club Membership
Wednesday, February 5, 2020 - 11:33am | 960With fourth quarter earnings way above Wall Street estimates, e-commerce giant's stock was up more than 10 percent or $203 during after-hours trading on Thursday, January 30th, ultimately reaching market value that is over $1 trillion on Tuesday, February 4. As of 2018, its stock underperformed...
-
Nothing But Blue Skies For Microsoft
Friday, January 31, 2020 - 12:31pm | 900As expected, Microsoft Corporation (NASDAQ: MSFT) posted yet another strong quarter results as Office, Surface, and cloud businesses boosted its second quarter. Beating revenue and profit estimations caused its shares to rise 2 percent during after-hours trading. Second Quarter Results Revenue...
-
PACCAR Hits Record Revenue And Profit In 2019
Tuesday, January 28, 2020 - 11:56am | 318The Class 8 truck order slowdown took a toll on fourth-quarter revenue and profits at PACCAR Inc. (NASDAQ: PCAR), but the parent company of Kenworth and Peterbilt trucks posted a full-year record in both measures and claimed 30% of the U.S. and Canadian market. PACCAR posted fourth-quarter...
-
Oracle's In For A Bad Ride After Near-Miss On Revenue
Wednesday, December 18, 2019 - 11:42am | 865Either way you put it, Oracle Corporation (NYSE: ORCL) has had quite a busy week. On December 15, the company issued its second-quarter results. But although results were credible, its share price plummeted by 3.2 percent after a near-miss on revenue results. Second-Quarter Results Revenues...
-
Navistar Beats Q4 Earnings Estimates But Falls Short On Revenue
Tuesday, December 17, 2019 - 10:53am | 685Navistar International Corp. (NYSE: NAV) reported better-than-expected earnings for its fourth quarter but fell short on revenue projections. The Lisle, Illinois-based truck maker recorded its seventh consecutive full-year improvement in earnings before interest, taxes, depreciation and...