Economy

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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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 […]

by × February 14, 2019 × 0 comments