by Tiara White | Nov 11, 2023
Draftkings reported a surge in revenue in the third quarter, solidifying its place at the top of the sports betting industry as it becomes more cutthroat. The sports betting company reported a 57% annual increase in revenue to $790 million, surpassing analysts’...
by Nicholas Morgan | Nov 9, 2023
Cryptocurrency exchange Coinbase overcame expectations by posting higher than expected revenues in the third quarter, but the company still endured another period of loss amid the ongoing “crypto winter.” In their third quarter earnings report, Coinbase posted $674...
by Safiyah Riddle | Nov 6, 2023
It was a tale of two halves of the year for Progressive Insurance, after third quarter earnings topped estimates and reversed dire trends from the previous quarter. Though revenue missed estimates by less than 0.1% at $15.56 billion, the company avoided the massive...
by Safiyah Riddle | Nov 6, 2023
Wingstop’s third quarter performance trounced Wall Street’s expectations on Wednesday, as strategic innovations from last year expanded Wingstop’s consumer base through the second half of the year and the company successfully insulated itself from supply-side...
by Mariam Kiparoidze | Nov 3, 2023
Photo credit:Wikimedia Commons Pfizer reported a loss in the third quarter as it tries to adapt to the faltering demand on its Covid-19 drug and vaccines. Pfizer reported a net loss of $2.38 billion last quarter, missing analyst expectations, the pharmaceutical giant...
by Francisco Uranga | Nov 1, 2023
Lithium producer Livent will earn less money than it expected this year as import restrictions and a lack of skilled labor have delayed its critical mine expansions. The company cut its annual revenue guidance to between $890 million and $940 million, from a previous...