Earnings
Google’s parent posts double-digit revenue growth in 4th quarter, but ad sales rise at slower pace
The results announced Tuesday by Alphabet Inc. marked the third consecutive quarter of escalating revenue growth for the Mountain View, California, company, with most of the sales coming through Google’s dominance of search and online advertising.
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Pfizer stays the course on 2024 outlook after delivering better earnings than Wall Street forecast
In the fourth quarter, Pfizer said it booked 8% operational revenue growth outside its market-leading COVID vaccine, Comirnaty, and treatment, Paxlovid.
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Duke Energy revenue falls short of expectations – CEO cites ‘mild weather’
Duke Energy on Thursday reported third-quarter profit of $1.25 billion but didn’t perform as well as expected on revenues. Its CEO explains what happened.
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Chip, wireless gear maker Qorvo beats Street with a boost from Apple
“Qorvo delivered significantly improved financial performance in the September quarter supported by content gains at our largest customer,” Bob Bruggeworth, chief executive officer of Qorvo, says. That customer is Apple, says Reuters.
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Albemarle misses on revenue, earnings as lithium prices drop; forecast is cut
Lithium mining and chemicals processor Albemarle disclosed financial results Wednesday that fell short of analysts’ expectations.
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Ingersoll Rand beats Wall Street expectations on earnings, revenue
Davidson based power tools and air compressor manufacturer Ingersoll Rand on Wednesday delivered Street-beating financial results.
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LendingTree misses Street expectations on revenues
The mortgage lending service provider posted revenue of $155.2 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $161.6 million.
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Martin Marietta earnings top analysts’ expectations
Martin Marietta Materials on Wednesday reported third-quarter earnings of $416.7 million – higher than Wall Street expected.
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