Articles by: Melanie Poteat

Stocks Extend Gains With US Measures Higher Amid Trade-Talk Optimism

Stocks Extend Gains With US Measures Higher Amid Trade-Talk Optimism

Equities in the US climbed on Wednesday, with the Nasdaq Composite and the Standard & Poor’s 500 both up for a fourth straight time on optimism about trade talks taking place this week between the world’s biggest economies. The Dow Jones Industrial Average was up for a second session and […]

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Yelp Tops Q4 EPS, Revenue Estimates; Increases Share Repurchase Program by $250 Mln

Yelp Tops Q4 EPS, Revenue Estimates; Increases Share Repurchase Program by $250 Mln

Yelp (YELP) said Wednesday that for Q4, it recorded net income of $31.9 million, or $0.37 per diluted share, declining year over year from $141.1 million, or $1.58 per diluted share, but beating consensus estimates of $0.36 per share. The company, however, improved its Q4 revenue to $243.7 million, from […]

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Bandwidth Q4 Results Beat Street View; Provides Downbeat Q1 Guidance

Bandwidth Q4 Results Beat Street View; Provides Downbeat Q1 Guidance

Bandwidth (BAND), a software company, reported Q4 results that beat Wall Street expectations but provided downbeat Q1 outlook. Non-GAAP net loss was $0.04 per share for the December quarter, compared to EPS of $0.09 for the year-earlier period. The average estimate of analysts surveyed by Capital IQ was for a […]

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Hornbeck Offshore Services Adds 6% After Smaller-than-Expected Q4 Adj Loss Per Share, Sales Miss

Hornbeck Offshore Services Adds 6% After Smaller-than-Expected Q4 Adj Loss Per Share, Sales Miss

Hornbeck Offshore Services (HOS) jumped 6% after the company said Q4 sales fell 8% sequentially and down 4.1%, from the year-ago period to $53.9 million and missed the CapIQ mean for $56.5 million. Adjusted net loss was $0.79 per share, better than estimates for an $0.84 loss. Diluted loss per […]

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Kadant Tops Street View, Q4 Net Income Up 46% From Year-Ago, Says Co-COO to Become President and CEO

Kadant Tops Street View, Q4 Net Income Up 46% From Year-Ago, Says Co-COO to Become President and CEO

Kadant Inc (KAI) on Wednesday reported Q4 net income of $1.66 per share, up 46% from $1.14 per share in the year-ago quarter. Analysts polled by Capital IQ were expecting EPS of $1.35. Revenue for the quarter ended Dec. 29, 2018, was $163.9 million, up 10% from $149.1 million in […]

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Caladrius Biosciences’ Trial of CLBS03 for Type 1 Diabetes Fails to Show Improvement

Caladrius Biosciences’ Trial of CLBS03 for Type 1 Diabetes Fails to Show Improvement

Caladrius Biosciences (CLBS) said on Wednesday top-line results from its Phase 2a clinical trial of 110 subjects to evaluate the safety and efficacy of its CLBS03 for type 1 diabetes in adolescents failed to show improvement in the primary endpoint of preservation of C-peptide levels vs. placebo at 1 year. […]

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Cisco Ramps Up Dividend as Demand for Software Subscriptions Drives Higher Second Quarter Earnings

Cisco Ramps Up Dividend as Demand for Software Subscriptions Drives Higher Second Quarter Earnings

Technology and consulting company Cisco Systems (CSCO) raised its dividend after markets closed on Wednesday as it posted higher revenue and earnings for its fiscal second quarter which was supported by rising demand for its subscriptions software. The San Jose, California-headquartered company, which divested its Service Provider Video Software Solutions […]

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EnPro Industries Q4 Results Top Expectations; Ups Dividend to $0.25/Share

EnPro Industries Q4 Results Top Expectations; Ups Dividend to $0.25/Share

EnPro Industries (NPO) reported late Wednesday Q4 adjusted earnings of $0.98 per share, which is higher than $0.67 per share in the year-ago quarter. It also topped the Capital IQ estimate of $0.85. The maker of sealing products and metal polymers posted sales of $381.4 million compared to $362.5 million […]

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CryoLife Q4 Adjusted Profit Misses Street Mark, Revenues Just Higher

CryoLife Q4 Adjusted Profit Misses Street Mark, Revenues Just Higher

CryoLife (CRY), a manufacturer of medical devices and implantable tissues, reported late Wednesday Q4 adjusted profit of $0.05 per share, down from $0.14 per share in the prior year period and lower than the $0.11 per share Street estimate provided by Capital IQ. Revenue for the quarter was $67.8 million, […]

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Diebold Nixdorf Posts Mixed Q4; Guides $380 Mln

Diebold Nixdorf Posts Mixed Q4; Guides $380 Mln

Diebold Nixdorf (DBD) is up more than 40% in Wednesday’s afternoon session after the company posted a wider-than-expected loss in Q4 and revenue that topped analysts’ forecasts. It also issued 2019 revenue guidance below Street estimates but guided 2019 adjusted EBITDA between $380 million to $420 million, straddling the Street […]

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