By Denny Jacob Owens & Minor experienced a significant boost in its share price, with a 23% increase to $19.09, following impressive revenue growth in its most recent quarter. Despite a 2.3% decline over the year, the stock is on track for its highest close in nearly three months. In the third quarter ended September 30, the healthcare solutions company reported a loss of … [Read more...] about Owens & Minor Sees 23% Surge in Shares After Strong Revenue Growth
Revenue Growth
Virgin Galactic Reports Narrowed Quarterly Loss and Increased Revenue
Virgin Galactic Holdings Inc. shares experienced a surge in the after-hours session on Wednesday after the space-tourism company announced a narrowing of its quarterly loss and a significant increase in revenue. Improvements in Financial Performance In the third quarter, Virgin Galactic reduced its losses to $105 million, or 28 cents a share, compared to $146 million, or 55 … [Read more...] about Virgin Galactic Reports Narrowed Quarterly Loss and Increased Revenue
Plant Health Care Reports Narrowed Pretax Loss in First Half
Plant Health Care, a provider of proprietary biological products, has announced a narrowed pretax loss for the first half of the year. The company reported a pretax loss of $2.5 million for the six months ended June 30, compared to a loss of $6.3 million during the same period last year. Despite a 56% decrease in U.S. sales due to delayed purchases by distributors, Plant Health … [Read more...] about Plant Health Care Reports Narrowed Pretax Loss in First Half
Dell Expects Steady Revenue and Profit Growth
In a recent meeting with securities analysts in New York, Dell Technologies reiterated its annual revenue growth expectations of 3% to 4%. Additionally, the PC and enterprise-hardware company raised its adjusted profit growth target to 8% or better, up from a previous forecast of 6%. This upward revision reflects Dell's confidence in its performance. The company also announced … [Read more...] about Dell Expects Steady Revenue and Profit Growth
United Airlines Reports Strong Quarter with Decreased Fuel Costs
United Airlines Inc. released its third-quarter financial results, revealing significant reductions in jet fuel prices and associated costs. The airline spent $3.342 billion on fuel during the quarter, marking an 11% drop from the previous year. Over the first nine months of the year, fuel expenses decreased by 4.7% compared to the same period in 2021. Fuel costs were reported … [Read more...] about United Airlines Reports Strong Quarter with Decreased Fuel Costs
