Gaming company Bally Technologies, Inc. (BYI) issued upbeat profit outlook for fiscal 2013. The company expects to earn $2.95 to $3.30 per share for fiscal 2013. The mid-point of the guidance is 2 cents above the consensus estimate of $3.11.
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Graphic chip maker Nvidia Corp. (NVDA) issued upbeat revenue outlook for the third quarter. The company sees third-quarter revenue of $1.15 billion to $1.25 billion vs. consensus $1.09 billion.
SS&C Technologies Holdings, Inc.(SSNC), which provides software products and services to financial services providers, guided Q3 revenues and raised FY12 revenue target above consensus.
Sees Q3 adjusted revenues of $166 million to $170 million. Consensus $159.19 million.
Raises FY12 revenue expectations to $554 million to $562.5 million from $392 million to $400 million, previously. Consensus $526 million.
Air Lease Corp. (AL), engaged in the leasing of commercial aircraft to airlines worldwide, said its second-quarter profit nearly quadrupled, as revenues more than doubled from last year.
Net profit rose to $28.17 million or $0.28 per share, from year-ago $7.02 million or $0.08 per share. Consensus $0.26.
Adjusted income for the quarter rose to $36.71 million from $19.46 million last year.
Revenues grew 113% to $158.17 million from $74.34 million last year. Consensus revenue estimate - $150.78 million.
Regulated water company Connecticut Water Service, Inc. (CTWS) posted upbeat second-quarter earnings and revenues.
Q2 revenues increased to $24.49 million from $18.82 million last year.
Q2 Net Income Applicable to Common Shareholders rose to $4.15 million or $0.47 per share from $3.46 million or $0.40 per share last year; Consensus $0.41.
Data center server and storage technology vendor Fusion-IO (FIO) issued upbeat views for Q1-13 and FY13.
- Sees Q1 revenues "increasing modestly" from Q4 level of $106.6 million. Consensus $104.4 million.
- Sees full-year revenue rising by 45% to 50%. Consensus calls for just 37% growth.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.