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  • Earnings Results: Marvell Technology stock rises as results top Street view, record revenue forecast

    Marvell Technology Group Ltd. shares rose in the extended session Monday after the chip maker reported quarterly results that topped Wall Street expectations and forecast record revenue months after the close of a major acquisition.

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  • Lovesac reports surprise profit, revenue that rises above expectations

    Shaers of Lovesac Co. rose 0.9% in premarket trading Wednesday, after the furniture seller reported a surprise fiscal first-quarter profit as revenue rose more than 50% to beat expectations. For the quarter to May 2, the company swung to net income of $2.1 million, or 13 cents a share, from a loss of $8.3 million, or 58 cents a share, in the year-ago period. The FactSet consensus was for a per-share loss of 58 cents. Sales grew 52.5% to $82.9 million, above the FactSet consensus of $75.1...

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  • Five Below swings to Q1 profit, shares rise nearly 6%

    Shares of Five Below Inc. rose more than 5% late Thursday after the discount retailer reported first-quarter profit and sales above Wall Street expectations. Five Below said it earned $49.6 million, or 88 cents a share, in the quarter, contrasting with a loss of $51 million, or 91 cents a share, in the first quarter of 2020. Sales rose to $598 million, up 64% as compared with first-quarter of 2019 and 198% as compared with first-quarter of 2020, the company said. Analysts polled by FactSet had...

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