The net loss was primarily driven by a non-cash impairment charge recorded on classifying its non-core Saskatchewan assets as held for sale. Crescent Point Energy Corp. posted a net loss of $301.26 ...
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Sirius XM Q3 Earnings: Net Income Hit by $3.4 Billion Liberty Impairment Charge, Revises Annual Outlook By 1%
Sirius XM Holdings Inc (NASDAQ: SIRI) reported a fiscal third-quarter 2024 revenue decline of 4% year-on-year to $2.17 billion, marginally missing the analyst consensus estimate of $2.19 billion.
STOCKHOLM (Reuters) -Sweden-based Volvo Cars is booking a impairment charge of 11.4 billion crowns ($1.2 billion) in the second quarter related to its ES90 and upcoming EX90 models, due to tariffs and ...
Townsquare Media CEO Bill Wilson opened the “digital-first” company’s Q2 2024 earnings call by touting numerous areas of, “Sequential improvement from Q1,” even in the face of a net loss of $48.9 ...
ORRVILLE, OHIO — The J.M. Smucker Co.’s struggles to improve the performance of its Sweet Baked Snacks business and Hostess Brands became clearer on Feb. 27 when the company took non-cash impairment ...
The Hain Celestial Group, Inc. (NASDAQ:HAIN) stock tumbled after it reported weaker-than-expected results for its fiscal fourth quarter and year ended June 30, 2025, as impairment charges and soft ...
Shares of Germany's Thyssenkrupp jumped on Tuesday after the company posted a narrowed net loss and a 1-billion-euro ($1.06 billion) impairment on the firm's struggling steel division. The company's ...
Paramount Global said its looming merger with Skydance Media spurred a goodwill impairment charge of $5.98 billion in its second quarter, the latest warning sign for a media industry that is seeing ...
Atkore Inc. (NYSE:ATKR) shares are trading higher on Tuesday. On Monday, the company disclosed preliminary results for the second quarter of FY25. The company expects net sales of around $695 ...
Jan 29 (Reuters) - Shoe and clothing maker Jones Apparel Group Inc. forecast a fourth-quarter loss and said it will take a $322.2 million after-tax impairment charges due to declining revenue and ...
Vertex Pharmaceuticals reported a slight increase in first-quarter sales, while profit fell due to higher operating expenses and an impairment charge tied to the discontinuation of a diabetes ...
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