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  • MasterCraft stock rallies after swinging to big profit beat as sales tripled to a record

    Shares of MasterCraft Boat Holdings Inc. ran up 4.9% in premarket trading Thursday, after the recreational powerboat company swung to a fiscal fourth-quarter profit that was well above expectations, as sales tripled to a record, and provided an upbeat full-year outlook. Net income for the quarter to June 30 was $16.5 million, or 87 cents a share, after a loss of $2.8 million, or 15 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to 98 cents,...

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  • Ciena's stock jumps after profit beats expectations amid surprise revenue growth

    Shares of Ciena Corp. charged up 5.8% in premarket trading Thursday, after the optical networking company reported fiscal third-quarter profit that beat expectations and a surprise growth in revenue, and provided an upbeat outlook citing a robust demand environment. Net income for the quarter to July 31 rose to $238.2 million, or $1.52 a share, from $142.3 million, or 91 cents a share, in the year-ago period. Excluding non-recurring items, such as a $124.2 million tax benefit related to a...

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  • Li Auto's stock rallies after surprise loss but revenue beat expectations, and outlook was upbeat

    Shares of Li Auto Inc. rallied 2.9% in premarket trading Monday, after the China-based electric vehicle maker reported a surprise second-quarter loss but revenue that beat expectations as deliveries nearly tripled and provided an upbeat outlook. Net losses narrowed to RMB235.5 million ($36.5 million), or RMB0.26 per American depositary receipt, from RMB345.2 million, or RMB2.71 per ADS, in the year-ago period. Excluding nonrecurring items, the adjusted per-ADS loss was RMB0.07, compared with...

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  • Lululemon stock rallies over 10% on big earnings beat, raised outlook

    Lululemon stock rallies over 10% on big earnings beat, raised outlook

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  • Earnings Results: PagerDuty stock rallies 10% on earnings, outlook beat

    PagerDuty Inc. shares surged in the extended session Thursday after the DevOps software company topped Wall Street estimates for the quarter and guided higher than the analyst consensus.

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  • Toro stock gains after profit and revenue rise above expectations, and outlook lifted

    Shares of Toro Co. rose 0.6% in premarket trading Thursday, after the lawn care equipment company reported fiscal third-quarter profit and sales that rose above expectations, as strength in the residential business helped offset a miss in professional, and raised its full-year outlook as strong demand was expected to offset continued supply chain, inflation and labor pressures. Net income for the quarter to July 30 rose to $96.3 million, or 89 cents a share, from $89.0 million, or 82 cents a...

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  • Cloudera's adjusted profit, revenue beats expectations as merger deal remains on track

    Cloudera Inc. , which remains on track to be acquired by Clayton, Dubilier & Rice LLC and KKR & Co. this year, reported a fiscal second-quarter adjusted profit and revenue that beat expectations, citing "strong" annualized recurring revenue (ARR) growth. The enterprise data cloud company's stock was little changed in premarket trading. The net loss for the quarter to July 31 narrowed to $33.2 million, or 11 cents a share, from $36.0 million, or 12 cents a share, in the year-ago period....

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