– The music streaming service reported a wider-than-expected quarterly loss, although its revenue did beat analyst forecasts. The number of premium subscribers jumped by 24% to a better-than-expected 155 million. The stock fell 7% in premarket trading as of 7:32 a.m. ET. – The company behind Michael Kors and other luxury brands earned $1.65 per share for its latest quarter, beating the consensus estimate of $1.01 a share.
– The maker of lawn and garden products reported a per-share profit of 39 cents per share, compared to Wall Street forecasts of a 77 cents per share loss. Revenue came in well above estimates as consumer sales surged 147%. This is the first time Scotts has ever posted a profit during its fiscal first quarter. The shares gained 3% in premarket trading as of 7:32 a.m. ET. – The health insurer lost $2.30 per share for its latest quarter, compared to a year-ago profit.