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© Reuters. In its Q3 2023 earnings call, Polestar (NASDAQ:) announced record deliveries, a strengthened business plan, and updates on upcoming models. The company also provided insights into its financial position and future delivery targets. Key takeaways from the call include:Polestar achieved record deliveries of 13,976 cars in Q3 2023,…
© Reuters. scPharmaceuticals (NASDAQ:) reported a significant sequential increase in net revenue for Q3 2023 during its recent earnings call, driven by the growing demand for its product, FUROSCIX. The company’s financials, expansion plans, and ongoing discussions with the FDA and payers formed the centerpiece of the discussion. Key takeaways…
© Reuters. FILE PHOTO: The Tesla Logo is seen at a dealership in Durango, northern Spain, October 30, 2023. REUTERS/Vincent West/File Photo (Reuters) – Tesla (NASDAQ:) will recall 159 Model S and Model X cars due to the possibility of the driver air bag deploying incorrectly, which increases the risk…
© Reuters. (Reuters) -UnitedHealth’s pharmacy benefit manager unit said on Thursday it was adding eight insulin products to its reimbursement list that would limit out-of-pocket spend to $35 or less. The unit, Optum Rx, will move eight products, including all short- and rapid-acting insulin, to tier one, or preferred status,…
© Reuters. By Anandita Mehrotra (Reuters) -TransDigm Group said on Thursday it would buy the components and subsystems business of Communications & Power Industries (CPI) for about $1.39 billion in cash to deepen its presence in the booming aircraft repair market. CPI’s electron device business, which makes electronic components and…
© Reuters. Denmark stocks lower at close of trade; OMX Copenhagen 20 down 1.69% Investing.com – Denmark stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower. At the close in Copenhagen, the declined 1.69%. The best performers of the session on…
© Reuters. Krispy Kreme (DNUT) falls following earnings, GLP-1 trend ‘puts a cloud’ over snack stocks Krispy Kreme (DNUT) shares are down more than 9% Thursday after it reported earnings that disappointed investors. However, analysts noted that the GLP-1 trend didn’t have an impact on the company’s quarter. The company…
© Reuters. Skillz Inc. provided an update on their Q3 2023 results during an earnings call, reporting a YoY revenue decline of 38% to $36.4 million. Despite a net loss of $33.5 million, the company expressed optimism about achieving positive adjusted EBITDA on a run rate basis by the end…
© Reuters. An exterior view of MGM Grand hotel and casino, after MGM Resorts shut down some computer systems due to a cyber attack in Las Vegas, Nevada, U.S., September 13, 2023. REUTERS/Bridget Bennett/File Photo By Doyinsola Oladipo and Ananta Agarwal (Reuters) -The unions representing hospitality workers in Las Vegas…
© Reuters AMC Entertainment (NYSE:)’s shares plummeted by 10.3% to $9.05 per share on Thursday, following the announcement of a $350 million stock offering through an equity distribution agreement with major financial institutions. This sharp decline occurred despite the company reporting record-breaking Q3 results, with a profit of $12.3 million…