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Duolingo (DUOL) delivered mixed Q3 2021 results characterized by record booking and a record number of paid subscribers. Revenue topped estimates, but earnings missed, even as the company continued to grow rapidly at the back of last year’s solid performance. DUOL shares rose 0.9% to close at $148.06 on November 10. Duolingo operates a mobile […]
Walt Disney (DIS) delivered disappointing Q4 2021 results characterized by earnings and revenue missing consensus estimates. The miss came despite the company making impressive strides in reopening the business in the aftermath of the pandemic. DIS shares fell 0.4% to close at $174.45 on November 10. Walt Disney is a diversified media and entertainment company. […]
The Board of Illinois-based insurance firm RLI Corp. (RLI) has named Jennifer L. Klobnak as COO and Craig W. Kliethermes as President and CEO, starting January 1, 2022. The appointments will coincide with the retirement of Jonathan E. Michael, the current Chairman and CEO of the company, planned for the end of 2021. RLI offers […]
Shares of Gevo, Inc. (GEVO) rose 3.8% in Thursday’s early trade, even though the company reported a loss of $0.07 per share in the third quarter of 2021, which was in line with analysts’ estimates. However, the figure compares favorably with a loss of $0.09 per share in the same quarter last year. The renewable […]
Multinational mass media and entertainment conglomerate ViacomCBS Inc. (VIAC) recently revealed that it has entered into a multi-year global agreement with microblogging and social networking service major Twitter. The financial terms of the deal have not been disclosed so far. Following the news, shares of the company declined marginally on Wednesday. The stock, however, pared its losses slightly to […]
Shares of Opendoor Technologies Inc. (OPEN) jumped 14.8% in the extended trading session on Wednesday after the digital platform for residential real estate reported upbeat results for the third quarter of 2021. Results in Detail The company reported a smaller-than-expected loss per share of $0.09 against the consensus estimate of $0.17 per share. Opendoor had reported a loss […]
American e-commerce platform ContextLogic, Inc. (WISH) reported better-than-expected third-quarter results, with earnings and revenue exceeding expectations. However, shares fell 4.3% during the extended trading session on November 10, after the company announced the resignation of its CEO, and offered a weak revenue outlook for the fourth-quarter due to reduced advertising spend. Better-Than-Expected Results WISH reported […]
Shares of Repay Holdings (RPAY) rose 7.6% on Wednesday after the leading payment solutions provider reported better-than-expected Q3 results. See Insiders’ Hot Stocks on TipRanks >> Q3 EPS & Revenues Beat Adjusted earnings of $0.21 per share exceeded analysts’ expectations of $0.18 per share. The company had reported earnings of $0.14 per share in the prior-year period. Furthermore, […]
To help its clients efficiently manage their digital transformation expenditures, Accenture (ACN) has acquired ClearEdge Partners. The financial terms of the deal have been kept under wraps. Shares of the global professional services company have gained 54% over the past year. (See Accenture stock charts on TipRanks) Boston-based ClearEdge is a provider of advisory, sourcing support and […]
Senseonics Holdings, Inc. (SENS) has reported stronger-than-expected Q3 results, as the company’s earnings topped the Street’s estimate. Shares of the medical technology company, which is primarily focused on continuous glucose monitors (CGM), have increased 300% over the past year. (See Senseonics Holdings stock charts on TipRanks) Q3 EPS Beat, Revenues In-Line The company reported Q3 earnings of $0.10 […]
Voyager Digital (VOYG) announced Wednesday that it has exceeded one million funded accounts on its platform. This represents an increase of 23 times from December 31, 2020, when it had 43,000 funded accounts, and an increase of 135,000 funded accounts from September 30, 2021. The company also announced that it now has more than 2.7 […]
WELL Health Technologies Corp (WELL) posted strong growth in revenues in the third quarter of 2021 driven primarily by the acquisitions of CRH and MyHealth. Revenue & Earnings The omnichannel digital health company’s revenue for Q3 2021 came in at C$99.3 million, about eight times higher than the revenue of C$12.2 million reported in Q3 […]
