Tuesday, GGVeritas (CGV) said its third-quarter net income plunged to $12.2 million from $161.7 million in the prior year period. Earnings per ADS were $0.07, lower than $0.14 in the year-ago period. On average, 2 analysts polled by Thomson Reuters expected the company to report earnings of $0.15 per share for the quarter.
Operating revenue for the quarter dipped to $731.4 million from $1.06 billion in the comparable period. Analysts estimated revenues of $717.80 million for the quarter.
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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.