TechTarget: Q1 Earnings Snapshot
On a per-share basis, the Newton, Massachusetts-based company said it had a loss of $7.32. Losses, adjusted for asset impairment costs, were $2.24 per share.
The operator of websites for information technology vendors posted revenue of $103.9 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTGT at https://www.zacks.com/ap/TTGT
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 minutes ago
- Yahoo
Thermo Fisher beats quarterly estimates on resilient demand for its tools and services
(Reuters) -Thermo Fisher on Wednesday beat Wall Street estimates for second-quarter profit and revenue, helped by steady demand for its products and services used for developing therapies. Shares of the medical equipment maker were up 2.5% in premarket trading. The company joins peers such as Danaher in beating quarterly profit estimates, citing strong demand from the industry for tools and services used to make vaccines and therapies. Danaher said on Tuesday it is seeing a robust number of clinical trials and therapies under development, with steady demand from its pharmaceutical clients. On an adjusted basis, Thermo Fisher reported a profit of $5.36 per share for the quarter ended June 28, beating analysts' estimate of $5.22 per share, as per data compiled by LSEG. The company said its business strategy called "practical process improvement" is helping adjust its supply chains in the tariff environment and to actively manage its cost base. Last week, the company said it will buy French drugmaker Sanofi's New Jersey manufacturing site, "to meet growing demand from pharma and biotech customers." The Waltham Massachusetts-based company's quarterly revenue rose 3% to $10.85 billion, compared to analyst estimates of $10.68 billion. Sales at its laboratory products segment, which makes up more than half of Thermo Fisher's total sales came in at $6 billion, above estimates of $5.79 billion. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 minutes ago
- Yahoo
Boston Scientific: Q2 Earnings Snapshot
MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Boston Scientific Corp. (BSX) on Wednesday reported second-quarter profit of $797 million. On a per-share basis, the Marlborough, Massachusetts-based company said it had net income of 53 cents. Earnings, adjusted for one-time gains and costs, came to 75 cents per share. The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. The medical device manufacturer posted revenue of $5.06 billion in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $4.89 billion. For the current quarter ending in September, Boston Scientific expects its per-share earnings to range from 70 cents to 72 cents. The company expects full-year earnings in the range of $2.95 to $2.99 per share. Boston Scientific shares have increased 15% since the beginning of the year, while the S&P's 500 index has increased slightly more than 7%. The stock has increased 32% in the last 12 months. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on BSX at
Yahoo
9 minutes ago
- Yahoo
GE Vernova: Q2 Earnings Snapshot
CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — GE Vernova Inc. (GEV) on Wednesday reported second-quarter profit of $514 million. The Cambridge, Massachusetts-based company said it had profit of $1.86 per share. The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.60 per share. The the energy business spun off from General Electric posted revenue of $9.11 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $8.82 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GEV at Sign in to access your portfolio
