TOKYO: Nintendo more than doubled its revenue in the fiscal first quarter, buoyed by explosive sales of its newly launched Switch 2 console, the company said Friday. The Japanese gaming giant reported revenue of ¥572.3 billion ($3.8 billion) for the quarter ending June 30, a 132% increase from the same period last year and well…
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Microsoft passes $4 trillion market cap after blockbuster earnings, bets big on AI
Microsoft Corp (MSFT.O) surged past $4 trillion in market value Thursday, becoming the second U.S. company to hit the milestone after Nvidia (NVDA.O), buoyed by strong quarterly earnings and aggressive investments in artificial intelligence. The tech giant’s shares jumped 6.6% to $546.33 in morning trading, driven by soaring sales in its Azure cloud business and…
Roblox shares jump on blowout bookings, surging user growth
Roblox shares rallied 16% Thursday after the gaming platform reported second-quarter results that exceeded analyst expectations, driven by sharp growth in user engagement and bookings. Net bookings for the quarter rose 51% from the year prior to $1.44 billion, topping LSEG’s consensus estimate of $1.24 billion. The company now expects third-quarter bookings between $1.59 billion…
Axonius acquires Cynerio for over $100 million to bolster healthcare cybersecurity
NEW YORK: Axonius, a global leader in cyber asset intelligence, said Wednesday it acquired Cynerio, a specialist in medical device security, in a cash and stock transaction valued at more than $100 million. The deal aims to eliminate the growing cybersecurity risks posed by connected medical devices in hospitals. These devices, critical to patient care,…
Almirall reports 12.7% revenue growth in H1 2025, driven by dermatology portfolio
BARCELONA: Almirall, S.A. (ALM), a global biopharmaceutical company specializing in medical dermatology, reported a 12.7% increase in net sales for the first half of 2025, reaching €560.5 million, up from €497.2 million in the same period last year. EBITDA rose 16.6% to €121.8 million, bolstered by robust revenue and a gross profit margin of 65.5%….
Carter’s Inc sees sales momentum but profit declines amid tariff headwinds, leadership transition
ATLANTA: Carter’s Inc. (NYSE: CRI), North America’s leading apparel company for babies and young children, reported its second-quarter fiscal 2025 results, signaling modest sales growth and strategic investments aimed at long-term recovery, despite a significant dip in profitability and lingering tariff pressures. Net sales rose 3.7% to $585.3 million from $564.4 million a year earlier,…
GrafTech reports highest quarterly sales volume since 2022, projects continued growth
BROOKLYN HEIGHTS: GrafTech International Ltd. (NYSE: EAF) reported its highest quarterly sales volume in nearly three years, reflecting strong execution of its strategic initiatives and resilience amid industry challenges. The graphite electrode manufacturer posted a 12% year-over-year sales volume increase in Q2 2025, its strongest since Q3 2022. U.S. sales volume surged 38% compared to…
Booz Allen kicks off fiscal 2026 with record backlog, steady profit growth
MCLEAN: Booz Allen Hamilton Holding Corporation (NYSE: BAH) opened its fiscal 2026 with resilient earnings and a historic backlog, underscoring strong demand across its defense and intelligence segments despite a slight revenue dip. Booz Allen is an advanced technology company delivering outcomes with speed for America’s most critical defense, civil, and national security priorities. The…
Gorman-Rupp reports record Q2 sales and earnings on strong order growth
MANSFIELD: The Gorman-Rupp Company (NYSE: GRC) announced record financial results for the second quarter ended June 30, 2025, driven by increased sales across most markets and significant growth in incoming orders. The pump manufacturer reported second-quarter net sales of $179.0 million, a 5.6 percent increase, or $9.5 million, compared to $169.5 million in the same…
Sensient Technologies reports strong Q2 growth across segments
MILWAUKEE: Sensient Technologies Corporation (NYSE: SXT), a global supplier of flavors and colors for food, pharmaceutical, and personal care industries, on Friday reported second-quarter earnings that beat expectations, driven by solid growth in the Color and Asia Pacific segments. Revenue rose 2.7% to $414.2 million, compared to $403.5 million in the same period last year….
Phillips 66 earnings surge on refining strength, midstream expansion
HOUSTON: Energy giant Phillips 66 (NYSE: PSX) posted robust second-quarter earnings, powered by peak refining performance and a strategic midstream acquisition, as the company sharpens its wellhead-to-market focus. The company reported net earnings of $877 million, or $2.15 per share, up from $487 million in Q1. Adjusted earnings reached $973 million, or $2.38 per share,…
Moog Inc posts record Q3 earnings amid strong commercial and defense demand
EAST AURORA: Moog Inc. (NYSE: MOG.A and MOG.B) reported record financial results for the fiscal third quarter of 2025, underscoring robust sales growth and operational streamlining across its aerospace and defense segments. Net sales rose 7% year-over-year to $971 million, while adjusted diluted earnings per share climbed 24% to $2.37—both new highs for the motion…