Business

California's FAIR Plan seeks $1 billion to cover wildfire claims, with private insurers bearing half the cost.

Published on: February 12, 2025, 12:00 AM UTC

Shareholders sue Edison International, parent company of Southern California Edison, alleging fraud over deadly wildfire

Published on: February 12, 2025, 12:00 AM UTC

Silvercorp Metals Inc. reports third-quarter profit of $26.1 million, or 12 cents per share. Adjusted earnings were 10 cents per share. Revenue for the period was $83.6 million.

Published on: February 11, 2025, 11:06 PM UTC

Pluri Inc. (PLUR) reports a loss of $3 million in its fiscal second quarter, with revenue of $185,000.

Published on: February 11, 2025, 11:05 PM UTC

Mirion (NYSE: MIR) reported strong Q4 results, with revenue exceeding analysts' expectations by 3.8% and adjusted EPS beating consensus estimates by 15.1%. The company's full-year performance was also impressive, with EPS growth of 5.3% and revenue growth of 9.5%. However, analysts are forecasting slower growth in the upcoming year, with EPS expected to reach $0.48 and EBITDA guidance slightly below estimates.

Published on: February 11, 2025, 11:05 PM UTC

Super Micro Computer (SMCI) reports below-guidance preliminary Q2 results, delays regulatory filings, and expects to avoid delisting. Revenue to be $5.6B-$5.7B, adjusted EPS of 58-60 cents, below prior forecasts.

Published on: February 11, 2025, 11:05 PM UTC

Allison Transmission (NYSE: ALSN) reports better-than-expected Q4 revenue of $796 million, a 2.7% year-over-year increase, but its full-year revenue guidance misses analysts' estimates by 3.7%. Find out more about its financial performance and outlook in our detailed research report.

Published on: February 11, 2025, 11:05 PM UTC

Upstart (UPST) reported impressive Q4 results, beating revenue and earnings expectations and providing strong guidance. Revenue grew 56.1% YoY to $219 million, EPS was $0.26 vs. -$0.04 expected, and revenue guidance for FY2025 is $1 billion, 21.5% above estimates. The company's AI-powered lending platform continues to see strong demand, and analysts expect 30.1% revenue growth over the next 12 months.

Published on: February 11, 2025, 11:04 PM UTC

BlackLine (BL) Q4 CY2024 revenue beat estimates, but EPS missed. Revenue guidance for FY2025 came in below expectations. Key takeaways include strong customer growth, but a decline in net revenue retention rate and full-year EPS guidance miss. The stock dropped 13.6% after earnings.

Published on: February 11, 2025, 11:04 PM UTC

BP Brazil head Andres Guevara de La Vega to take over as CEO of BP Bioenergy, replacing Geovane Consul who is leaving the company.

Published on: February 11, 2025, 11:04 PM UTC