Warner Bros. Discovery reported Q2 earnings with an EPS of $0.06, beating the expected loss of -$0.14, showing better profitability despite a drop from last year's $0.63. However, revenue missed estimates at $8.72 billion versus $9.25 billion forecast, impacted by losing the NBA broadcast deal and weaker summer movie performance. The company's streaming segment excelled, generating over $3 billion in revenue and a 60% rise in adjusted EBITDA to $512 million, highlighting strong growth and improved margins. Looking ahead, Warner Bros. Discovery plans to boost film production from 14 to 19 movies in 2027, aiming to leverage popular content to grow its streaming subscriber base.
Arhaus reported record Q2 net revenue of $385 million, a 7.4% increase year-over-year, driven by strong customer demand and a 12.5% rise in comparable sales. Earnings per share of $0.28 beat estimates by 75%, supported by a 16.1% increase in gross ma...
Flutter Entertainment's stock dropped 13% following a significant earnings miss and the announcement of CEO Peter Jackson's departure. The company reported Q2 earnings of $0.49 per share, well below the expected $0.60, and cut its full-year U.S. prof...
Attovia Therapeutics, a clinical-stage biopharmaceutical company, completed an upsized IPO by selling 19.55 million shares, including an underwriter option, raising approximately $332.40 million. The stock opened at $21.00 per share on Nasdaq and rea...
Aflac reported Q2 2026 earnings per share of $1.75, slightly below analyst estimates, while revenue of $4.12 billion narrowly exceeded projections. The company's improved profitability in Japan, highlighted by a better benefit-to-premium ratio of 61....
YXT.COM Group Holding Limited's stock plunged 66.07% following a registered direct offering that raised concerns about share dilution. The leveraged ETF Tradr 2X Long APP Daily ETF (APPX) fell 39.22%, highlighting the risks of leveraged products. Des...
