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  • Earnings Results: Affirm stock surges 20% after revenue beat and positive outlook

    Affirm Holdings Inc. has been riding some momentum since announcing a buy-now pay-later partnership with Amazon.com Inc., and it looks to be continuing that traction following its latest earnings report.

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  • Steel Dynamics stock surges after upbeat profit outlook, update on stock repurchases

    Shares of Steel Dynamics Inc. surged 2.7% in premarket trading, after the steel producer provided a third-quarter profit outlook that was well above expectations. The company said it expects earnings per share of $4.78 to $4.82, which would represent a quarterly EPS record, and up from 47 cents a share in the year-ago period. Excluding costs associated with the construction of the Sinton Texas Flat Roll Steel Mill, adjusted EPS is expected to be $4.88 to $4.92, above the FactSet consensus of...

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  • Smartsheet beats Q2 expectations, reports $131.7 million revenue

    Revenue in Q2 rose 44%, yielding a net loss of 5 cents a share.

    ZDNet
  • Accenture tops profit expectations and give upbeat outlook, but revenue comes up shy

    Shares of Accenture PLC ticked up 0.1% in premarket trading Thursday, after the management consulting and outsourcing services company reported fiscal fourth-quarter profit that topped expectations while revenue came up a bit shy, but also provided an upbeat outlook. Net income for the quarter to Aug. 31 rose to $1.42 billion, or $2.20 a share, from $1.29 billion, or $1.99 a share, in the year-ago period. The FactSet consensus for earnings per share was $2.19. Revenue grew 23.8% to $13.419...

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  • Exact stock surges as changes to Pfizer's sales agreement a 'positive,' analyst says

    Shares of Exact Sciences Corp. rallied 8.0% in afternoon trading Wednesday, after the molecular diagnostics company said it taking over the selling of its Cologuard at-home colon cancer screening test from Pfizer Inc. , and said it was discussing with Pfizer "material changes" to their promotion agreement. The company said it learned in late August that Pfizer cut the sales positions supporting its business tasked with selling Cologuard, so Exact offered those displaced sales representatives...

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  • Callaway Golf stock surges after revenue outlook raised, with supply chain disruption mitigated

    Shares of Callaway Golf Co. surged 4.7% in premarket trading Tuesday, after the golf apparel, equipment and entertainment company raised its revenue outlook, citing the mitigation of supply chain issues and a better-than-expected performance of its Topgolf business. The company raised its guidance range for third-quarter revenue to $850 million to $860 million from $775 million to $790 million and for 2021 revenue to $3.065 billion to $3.095 billion from $3.025 billion to $3.055 billion. The...

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  • Weber's stock set to bounce back above IPO price after sales rise to another record, but miss expectations

    Shares of Weber Inc. rose 1.3% in premarket trading Wednesday, to put them on track to bounce back above the $14 mark, which is where the outdoor grill maker's initial public offering priced, after the company reported fiscal third-quarter sales that rose to another record, but came up a bit short of expectations. Net income for the quarter to June 30 fell to $17.7 million, or $32.84 a share, from $78.7 million, or $142.69 a share, in the year-ago period. Sales grew 19.3% to $668.9 million, a...

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