The company posted a net loss of $10.4 million HOUSTON: Nine Energy Service, Inc. (NYSE: NINE) reported second-quarter 2025 revenue of $147.3 million, landing at the upper end of its original guidance range of $138.0 to $148.0 million, despite significant rig declines and commodity price pressures in the U.S. land market. The company posted a…
Spirent Communications reports resilient H1 performance amid market headwinds
For six months, Spirent posted a 5% year-over-year increase in revenue to $208.1 million LONDON: Spirent Communications PLC reported a resilient performance for the first half of 2025, demonstrating progress across strategic priorities despite macroeconomic challenges. For the six months ended June 30, Spirent posted a 5% year-over-year increase in revenue to $208.1 million. Adjusted…
Naked Wines reports solid FY25 results, announces shareholder distributions
The online wine retailer reported revenue of £250.2 million, a 14% year-on-year decline LONDON: Naked Wines plc, the direct-to-consumer wine company, announced Thursday its full-year results for the 52 weeks ended March 31, 2025, revealing a performance in line with its guidance and a focus on profitability and cash generation. The company also announced it…
AMD Misses Earnings Estimates Despite Strong AI and Gaming Growth
SAN FRANCISCO: Advanced Micro Devices Inc. reported second-quarter earnings Tuesday that narrowly missed Wall Street expectations, sending shares down about 4% in after-hours trading. The chipmaker posted adjusted earnings per share of 48 cents, just below the 49 cents forecast by LSEG. Revenue came in at $7.69 billion, beating the $7.42 billion estimate. For the…
Snap shares drop after missing revenue, advertising targets
Snap’s revenue for the quarter was $1.34 billion, just below the $1.35 billion anticipated by analysts polled by LSEG SAN FRANCISCO: Snap Inc. shares dropped 15% Tuesday after the company reported second-quarter earnings that fell short of revenue and key advertising targets, even as it added more daily users than expected. The company’s global average…
Super Micro shares slide on weak Q4 results and guidance
Super Micro shares tumble 15% after missing Q4 estimates, issuing soft outlook NEW YORK: Shares of Super Micro Computer (SMCI.O) fell 15% in after-hours trading on Tuesday after the server manufacturer posted weaker-than-expected fiscal fourth-quarter results and issued tepid guidance for the current quarter. The company reported adjusted earnings of 41 cents per share, missing…
Keller Group plc reports solid H1 2025 performance, maintains full-year outlook
Revenue for the period reached £1.46 billion, down 2% year-on-year but up 1% on a constant currency basis LONDON: Keller Group plc, the world’s largest geotechnical specialist contractor, reported interim results for the half year ended June 30, 2025, showing a resilient performance ahead of market expectations despite macroeconomic headwinds. Revenue for the period reached…
S&P 500 slips as economic data disappoints, Trump tariff comments stir market jitters
Dow Jones slips 62 points as services data and tariff talk rattle investor confidence U.S. stocks retreated Tuesday as investors weighed weaker-than-expected economic data and fresh tariff remarks from President Donald Trump, raising concerns about the health of the economy. The S&P 500 fell 0.49% to close at 6,299.19, while the Nasdaq Composite dropped 0.65%…
Axon shares surge 14% as strong demand drives earnings beat and upgraded outlook
Axon posted adjusted earnings of $2.12 per share for the quarter, beating Wall Street’s estimate of $1.46 per share NEW YORK: Axon Enterprise Inc. saw its stock jump 14% Tuesday after the TASER and security technology maker reported stronger-than-expected earnings and raised its full-year revenue guidance, citing surging demand for its advanced security solutions. The…
Zotefoams reports record H1 results amid strategic realignment
UK-based supercritical foams manufacturer posted a 9% increase in revenue to £77.4 million LONDON: Zotefoams plc reported record interim results for the six months ended June 30, 2025, driven by strategic realignment and strong performance across key market verticals. The UK-based supercritical foams manufacturer posted a 9% increase in revenue to £77.4 million, with profit…
Credit Corp reports strong recovery, optimistic outlook for FY26
Company’s net profit for FY25 reached $94.1 million, which is a 16% increase over the previous year SYDNEY: Credit Corp Group Limited (ASX: CCP), a provider of debt purchasing and consumer lending services, announced a solid recovery for the 2025 financial year (FY25) and presented a strong outlook for FY26. The company’s net profit after…
Saudi Aramco posts $50.9bn H1 profit amid market volatility; Maintains 100% supply reliability
Energy giant advances upstream projects, boosts AI capacity and renewables, declares $42.7 billion in dividends despite lower crude prices RIYADH: Saudi Aramco (2222.SE), the world’s largest oil exporter, reported a robust financial performance for the first half of 2025, posting an adjusted net income of $50.9 billion despite lower crude prices and geopolitical headwinds. The…