Rubrik reported Q1 earnings of 16 cents per share, beating the expected loss of three cents, with revenue of $387.07 million surpassing estimates. Subscription annual recurring revenue (ARR) grew 32% year-over-year to $1.57 billion. The company raised its fiscal 2027 adjusted EPS guidance to 25-35 cents and revenue outlook to $1.638-$1.648 billion, exceeding analyst expectations. Despite these positive results and outlook, Rubrik's stock fell 1.3% in after-hours trading to $76.
Diana Shipping Inc. has criticized Genco Shipping & Trading for changing its valuation methods to avoid engaging with Diana's $24.80 per share all-cash takeover offer. Diana argues it has consistently offered around 1.0x NAV based on broker valuation...
The HON Company has launched a new 12,000-square-foot flagship showroom in Chicago, designed as an immersive workplace and learning environment. The showroom integrates HON's portfolio across four zones—The Commons, The Sandbox, The Hub, and The Educ...
Medtronic reported adjusted earnings of $1.55 per share, slightly above estimates, and revenue rose 9.9% year-over-year to $9.81 billion, driven by strong cardiovascular segment growth. BTIG upgraded Medtronic from Neutral to Buy, citing accelerating...
The global market for non-invasive blood glucose monitoring devices, which measure blood sugar without needles, is projected to grow from $34.86 million in 2024 to $340.49 million by 2034, at a CAGR of 25.6%. Growth is fueled by the increasing diabet...
IBM has formed a strategic partnership with Google Cloud to accelerate AI adoption across industries like banking, retail, and telecom by launching a joint Google Cloud Practice. The collaboration aims to help customers deploy and manage AI at scale ...
