Earnings roundup: Rackspace finalizes size of increased 1Q loss

  • 📰 ExpressNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 44 min. at publisher
  • 📊 Quality Score:
  • News: 161%
  • Publisher: 51%

Walmart Inc. News

Rackspace,Sinclair Inc.,Tower Semiconductor

This week’s roundup of quarterly financial reports includes San Antonio-based Rackspace Technology — again — and Biglari Holdings, along with Austin-base Yeti.

Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest financial reports from companies of local interest. Look for it online Monday during quarterly or annual earnings reporting periods. This week’s roundup of recent quarterly financial reports includes San Antonio-based Rackspace Technology, Biglari Holdings, U.S.

Sales growth was paced by international sales — up 32% year over year — while U.S. sales increased 9%. During the quarter, Yeti completed its acquisition of Mystery Ranch, which makes durable backpacks, bags and pack accessories. Net income: $15.86 million vs. $10.56 million Revenue: $341.39 million vs. $302.8 million Quotable: “We remain confident as we move into the second quarter and second half of the year.” — CEO Matt Reintjes Sinclair revenue up, reaches deal in 1Q HUNT VALLEY, Md.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 519. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earnings roundup: Victory Capital profit up; Rackspace loss fluidThis week’s roundup of quarterly financial reports includes San Antonio-based Rackspace Technology and Victory Capital Holdings, and New Braunfels-based TaskUs.
Source: ExpressNews - 🏆 519. / 51 Read more »

Earnings call: Sky Harbour Reports Positive Outlook in Q1 EarningsEarnings call: Sky Harbour Reports Positive Outlook in Q1 Earnings
Source: Investingcom - 🏆 450. / 53 Read more »

Apple Earnings Preview: Low Bar Could Set the Stage for Post-Earnings RallyStocks Analysis by Investing.com (David Wagner) covering: Apple Inc, Tesla Inc. Read Investing.com (David Wagner)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Earnings playbook: Beware of these stocks reporting soon where analysts are slashing their earnings expectationsThese names have seen big drops in what analysts expect them to report for earnings.
Source: CNBC - 🏆 12. / 72 Read more »

Rihanna Net Worth 2024: Fenty Beauty Earnings, 'Black Panther 2' EarningsRihanna's net worth in 2024 reveals her 'Black Panther 2' salary and how much she makes from Fenty Beauty, Savage x Fenty and her music career.
Source: StyleCaster - 🏆 104. / 63 Read more »

What is Earnings Season & What to Look for in Earnings Reports?Learn about earnings season and when it occurs, what to look for in earnings reports, and top tips for trading the period.
Source: DailyFX - 🏆 305. / 63 Read more »