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earnings news

  • 51Talk Online Education Posts Wider Loss In Q1 June 12, 2026 07:37 ET

    51Talk Online Education Group (COE) reported a first quarter net loss attributable to ordinary shareholders of $2.3 million, compared with a net loss of $1.7 million, a year ago. Net loss per share was $0.01, compared with a loss of $0.005. Net loss per ADS was $0.39, compared with a loss of $0.29. Excluding...

  • Friedman Q4 Profit Rises Due To High Sales Volume; Issues Q1 FY27 Outlook; Shares Up June 12, 2026 07:10 ET

    Friedman Industries, Inc. (FRD), a steel manufacturing company, reported higher profit in the fourth quarter, compared to the prior year. The increase was attributable to same-facility volume growth at the company's existing operations. In the pre-market activity on the Nasdaq, the shares were trading...

  • Adobe Stock Drops As CFO Dan Durn Resigns Overshadowing Higher Q2 Results, Outlook Upgrade June 12, 2026 05:25 ET

    Shares of Adobe Inc. were losing around 4 percent in the pre-market activity on Nasdaq on Friday after the tech major announced that Dan Durn, its executive vice president and CFO, is departing on June 15 to join a new firm. Meanwhile, the company reported higher second-quarter results, issued third -quarter outlook, and upgraded fiscal 2026 outlook for adjusted earnings and revenues reflecting...

  • Seneca Foods Corporation Bottom Line Advances In Q1 June 11, 2026 21:34 ET

    Seneca Foods Corporation (SENEA) revealed a profit for its first quarter that Increased, from the same period last year The company's bottom line came in at $25.28 million, or $3.69 per share. This compares with $0.60 million, or $0.09 per share, last year. The company's revenue for the period...

  • Friedman Industries, Incorporated Reveals Rise In Q4 Bottom Line June 11, 2026 21:02 ET

    Friedman Industries, Incorporated (FRD) announced a profit for its fourth quarter that Increased, from last year The company's bottom line totaled $9.22 million, or $1.30 per share. This compares with $5.35 million, or $0.76 per share, last year. The company's revenue for the period rose 48.4%...

  • Lennar Q2 Profit Falls June 11, 2026 17:40 ET

    Lennar Corp. (LEN) on Thursday reported a drop in profit for the second quarter as revenues decreased. For the quarter, net earnings attributable to Lennar declined to $304.8 million, or $1.24 per share, from $477.4 million, or $1.81 per share, a year earlier. Adjusted earnings were $322 million,...

  • Adobe Inc. Bottom Line Advances In Q2 June 11, 2026 16:12 ET

    Adobe Inc. (ADBE) revealed a profit for its second quarter that Increases, from last year The company's earnings totaled $1.71 billion, or $4.25 per share. This compares with $1.69 billion, or $3.94 per share, last year. Excluding items, Adobe Inc. reported adjusted earnings of $2.40 billion or...

  • Vera Bradley Reports Narrower Q1 Loss Due To Cost Optimization; Shares Up 6% June 11, 2026 10:53 ET

    On Thursday, Vera Bradley, Inc. (VRA), a footwear related company, reported narrower loss in the first quarter of fiscal 2027, owing to higher revenues and absence of loss from discontinued operations. Looking ahead to fiscal 2027, the company continues to focus on stabilizing the business and plans...

  • Lovesac Posts Wider Loss In Q1 June 11, 2026 07:51 ET

    The Lovesac Company (LOVE) posted a net loss of $11.1 million in the first quarter of fiscal 2027 or $0.76 per share compared to a loss of $10.8 million or $0.73 per share in the prior year period. During the first quarter of fiscal 2027, the company recorded an income tax benefit of $5.6 million, compared...

  • Driven Brands Holdings Inc. Bottom Line Climbs In Q1 June 11, 2026 07:20 ET

    Driven Brands Holdings Inc. (DRVN) revealed a profit for its first quarter that Increases, from last year The company's earnings came in at $23.83 million, or $0.14 per share. This compares with $13.50 million, or $0.08 per share, last year. Excluding items, Driven Brands Holdings Inc. reported...

  • Navan Q1 Loss Narrows As Revenue Accelerates, Lifts FY27 Outlook; Stock Jumps June 11, 2026 06:26 ET

    Shares of Navan, Inc. (NAVN) were climbing around 17 percent in the pre-market activity on Nasdaq, after the business travel and expense platform raised fiscal 2026 outlook, after reporting sharply narrower first-quarter net loss as revenue growth accelerated on stronger travel bookings. Net loss...

  • Oracle Q4 Results Strong, Outlook Positive, But Stock Drops On Plan To Raise $20 Bln More June 11, 2026 04:57 ET

    Tech major Oracle Corp. issued first-quarter outlook expecting higher results, and raised fiscal 2027 earnings view, after reporting significant growth in fourth-quarter results driven by Cloud Infrastructure & Cloud Applications. Meanwhile, the shares were losing around 10 percent in the pre-market activity on the NYSE, after the firm said it expects to raise around $20 billion more...

  • Stitch Fix Loss Narrows In Q3 On Higher Revenue; Raises FY26 Outlook June 11, 2026 04:29 ET

    Stitch Fix, Inc. (SFIX), an online clothing retail company, reported narrower loss in the third quarter of 2026, due to higher revenue and net revenue per active client, despite a drop in active clients. Further, the company issued fourth quarter outlook and raised forecast for fiscal 2026. In the...

  • MIND Net Loss Narrows In Q1 On Higher Revenues, Backlog Drops; Shares Down 7% June 11, 2026 02:46 ET

    MIND Technology, Inc. (MIND), a defense and marine technology company, reported narrower loss for the first quarter of fiscal 2027, attributable to higher revenue from the sales of marine technology products. Meanwhile, backlog for the quarter declined sharply from last year. In the after-hours activity...

  • Anterix Inc. Q4 Income Advances June 10, 2026 20:57 ET

    Anterix Inc. (ATEX) released a profit for its fourth quarter that Increased, from the same period last year The company's bottom line came in at $18.52 million, or $0.98 per share. This compares with $9.21 million, or $0.49 per share, last year. The company's revenue for the period rose 41.0%...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.