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earnings


CHENGDU, China, Feb. 16, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as its own online ride-hailing platform, today announced financial results for the fiscal 2021 third quarter ended December 31, 2020. Management Commentary Xi Wen, Chairman, Chief …

Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that, sometimes statutory profit levels are not a good guide to ongoing profitability, because some short term one-off factor has impacted profit levels. In this article, we’ll look at how useful this year’s statutory profit is, when analysing …

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and profit. But as Warren Buffett has mused, ‘If you’ve been playing poker for half an hour and you still don’t …

Image source: The Motley Fool. Aspen Technology Inc (NASDAQ:AZPN)Q2 2021 Earnings CallJan 27, 2021, 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by, and welcome to the Second Quarter Fiscal 2021 Aspen Technology Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference …

Tesla posted its first full-year profit, powered by record vehicle deliveries in the face of a global pandemic and growing appetite for electric cars that is driving the company to pursue a sharp increase in output this year. The Silicon Valley car-maker Wednesday said it expects to grow production on average about 50% throughout the …

Text size Dreamstime Seagate stock is taking it on the chin on Friday, despite what appeared to be a solid December quarter earnings report. Seagate shares were down 6.3% to $58.96 in recent trading, while shares of rival Western Digital are off 5.8%, to $50.40. As reported on Thursday, Seagate Technology (ticker: STX) posted fiscal-second-quarter …

FREMONT, Calif.–(BUSINESS WIRE)–Jan 21, 2021– Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for its fiscal second quarter ended January 1, 2021. “Seagate delivered strong, double-digit revenue, earnings and free cash flow growth in the December quarter supported by broad-based improvement across nearly every served market and geography, and we …

Stocks declined Friday as President-elect Joe Biden unveiled a $1.9 trillion Covid-19 relief package, banks fell after kicking off earnings season and U.S. retail sales were worse than expected. The Dow Jones Industrial Average fell 359 points, or 1.16%, to 30,632, the S&P 500 declined 1.1% and the Nasdaq was down 1.06%. Stocks tumbled in …

European officials want new powers to oversee internal workings at large technology companies such as Facebook Inc., FB -0.56% backed by threats of multibillion-dollar fines, as they seek to expand their role as global tech enforcers. The European Union’s executive arm proposed two bills Tuesday—one focused on illegal content, the other on anticompetitive behavior—that would …

MONROE TOWNSHIP, N.J., Dec. 07, 2020 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (Nasdaq: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced financial results for the second quarter of fiscal year 2021 ended October 31, 2020. Recent Operational Highlights Signed contract with Adams Communications & Engineering Technology (ACET) to evaluate a …