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iBio, Inc. (IBIO) said it recorded a profit in the fourth quarter because of the $10.2 million in settlement income, reflecting the value of settlement of litigation with Fraunhofer. The company reported year-on-year decline in revenue, and said significant quarter-to-quarter revenue variability is commonplace...

Carnival Corporation & plc (CCL, CCL.L, CUK) said its third quarter voyages were cash flow positive and the company expects this trend to continue. Booking volumes for all future cruises during the third quarter were higher than booking volumes during the first quarter of 2021, albeit not as robust as...

Tarena International, Inc. (TEDU), a provider of adult, adolescent, and childhood professional education services in China, on Friday, posted a decreased loss for the second quarter of the fiscal year 2021, as revenue surged, driven by higher revenue from adult professional education business. The...

Jinko Solar Co. Ltd. or Jiangxi Jinko, the principal operating subsidiary of JinkoSolar Holding Co., Ltd. (JKS), is estimated to report net income attributable to the shareholders of Jiangxi Jinko of between RMB 625 million and RMB 655 million for the nine months ending September 30, 2021. Excluding...

Progress Software Corp. (PRGS) on Thursday reported higher profit in the third quarter, beating the Street expectations. The company also raised its full year 2021 outlook and agreed to acquire privately-held company Kemp. The company posted third-quarter net income of $30.9 million or $0.70 per...

Scholastic Corp. (SCHL) Thursday reported first-quarter loss of $24.2 million or $0.70 per share, narrower than last year's loss of $39.8 million or $1.16 per share. First-quarter revenues increased 21% $259.8 million from $215.2 million last year. Revenue growth was driven primarily by the U.S....

AAR Corp. (AIR) Thursday reported first-quarter net income of $11.5 million or $0.32 per share, compared to loss of $14.5 million or $0.42 per share last year. Adjusted earnings from continuing operations in the quarter were $0.52 per share, up from $0.17 per share last year. Sales dropped to $455.1...

nike 092321 NIKE Inc. (NKE) Thursday reported its first-quarter results, with profit increasing from last year and beating Wall Street view, largely driven by revenue and margin growth. However, shares of the athletic footwear and apparel maker slipped over 2% in extended session after revenues missed estimates. Beaverton,...

Progress Software Corp (PRGS) released earnings for its third quarter that increased from the same period last year. The company's profit totaled $30.98 million, or $0.70 per share. This compares with $23.98 million, or $0.53 per share, in last year's third quarter. Excluding items, Progress Software...

Costco Wholesale Corporation (COST) announced earnings for its fourth quarter that climbed from last year. The company's earnings came in at $1.67 billion, or $3.76 per share. This compares with $1.39 billion, or $3.13 per share, in last year's fourth quarter. The company's revenue for the quarter...

Nike Inc (NKE) released earnings for its first quarter that rose from last year. The company's profit came in at $1.87 billion, or $1.16 per share. This compares with $1.52 billion, or $0.95 per share, in last year's first quarter. Analysts had expected the company to earn $1.11 per share, according...

Mortgage rates, or interest rates on home loans, rose slightly compared to last week, according to mortgage provider Freddie Mac (FMCC.OB). Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 2.88 percent for the week ending...

Rite Aid Corp. (RAD) reported a wider loss in second-quarter due primarily to a decrease in adjusted EBITDA, higher litigation settlements, a higher loss on sale of assets resulting from the accelerated sale of CMS receivable in the current year which provided increased liquidity, and a loss on debt...

While reporting financial results for the first quarter on Thursday, restaurant company Darden Restaurants, Inc. (DRI) raised its earnings and sales guidance for the full year 2022. The company also reported blended same-restaurant sales increase of 47.5% and the addition of 34 net new restaurants in...

Darden Restaurants Inc. (DRI) reported earnings for its first quarter that increased from the same period last year. The company's bottom line came in at $230.9 million, or $1.75 per share. This compares with $36.1 million, or $0.28 per share, in last year's first quarter. Analysts had expected...

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