Sony’s PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.Here’s how the company did in the September quarter, versus LSEG consensus estimates:Revenue: 2.97 trillion Japanese yen ($19.4 billion), versus 3.03 trillion yen expected. That was up 9% and slightly below analyst expectations.Operating profit: 455.1 billion yen, versus 336.07 billion yen expected. That’s up 73% year over year and beats expectations.The Japanese tech giant revised its fiscal 2025 revenue target up slightly to 12.7 trillion yen. It previously…
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Investing.com — Paramount Global (NASDAQ: PARA) reported third-quarter earnings that surpassed analyst expectations, while revenue fell short of estimates. The media company’s stock edged down 0.35% following the release. Paramount posted adjusted earnings per share of $0.49, beating the analyst consensus of $0.24 by $0.25. Revenue for the quarter came in at $6.73 billion, missing the $6.94 billion estimate and declining 6% YoY from $7.13 billion. The company’s Direct-to-Consumer (DTC) segment showed strong growth, with revenue increasing 10% YoY to $1.86 billion. Paramount+ added 3.5 million subscribers in the quarter, bringing its total to 72 million. The DTC segment achieved profitability…
PayPal’s latest results show that management’s efficiency efforts are paying off. Source link
This is a monthly feature that runs down some of the most-active investors in U.S.-based companies, looks at some of their most interesting investments, and includes some odds and ends of who spent what. See August’s most-active startup investors here. October turned out to be a pretty busy month for many of the big names in venture and was led again by Andreessen Horowitz. Other investors such as Lightspeed Venture Partners and General Catalyst followed closely, all investing in 11 or more rounds involving U.S.-based companies. Interestingly, none of those firms took part in the big round of the month…
Image source: Getty Images A second income could act as a handy financial supplement. One way is to take on a second job. But there is more than one way to skin a cat. It is also possible to earn a second income by investing in dividend shares. I could start with a few thousands pounds (or less). For instance, if I had a spare £3,000 to put into dividend shares now to try and build a growing second income, here is what I would do. Setting up a dealing account My first move would be to put that £3,000…
BOLINGBROOK, Ill., Nov. 8, 2024 /PRNewswire/ — Hyzon (NASDAQ: HYZN), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced that Management will host a conference call to discuss its third quarter 2024 earnings results at 8:30 a.m., ET, on Wednesday, November 13, 2024. Participants can join the call at 1-888-800-7840 or international callers can use 1-646-307-1856 and enter the access code 5240234. To listen to the live audio webcast and Q&A, visit the Hyzon investor relations website at https://investors.hyzonfuelcell.com/. A replay and transcript of the…
Paramount Global (PARA) reported third quarter earnings before the bell on Friday that showed further strength in streaming as it gets ready to combine with Skydance Media. The media giant posted its second quarter of profit in a row for the segment, meaning profitability has improved by $1 billion over the past year. But Q3 revenue missed expectations as the company booked continued declines in its linear TV business and pullbacks in its studios segment. The financial update comes as the entertainment giant focuses on cleaning up its balance sheet ahead of its merger with Skydance Media, which is expected…
Transactions increase total portfolio of purchased carbon credit inventory to 3.7 million creditsAdvances the Company’s strategic plan to broaden and diversify its asset portfolio, as a complement to its carbon management and project investment businessesCompany appoints Carl Stanton and Wray Thorn to its Board of DirectorsSacramento, California–(Newsfile Corp. – November… Source link
DevvStream (NASDAQ: DEVS) has announced the purchase of 2.5 million carbon credits through share-based transactions, increasing its total portfolio to 3.7 million credits. The newly acquired credits span multiple categories including nature-based, biochar, and renewable power. The purchase timing leverages current market conditions, including price declines and decreased credit issuances, amid projections of carbon market growth to $2.68 trillion by 2028. Additionally, the company announced board changes with Carl Stanton and Wray Thorn of Focus Impact Partners joining as directors, with Stanton assuming the Chairman role, replacing departing members Tom Anderson and Ray Quintana. DevvStream (NASDAQ: DEVS) ha annunciato l’acquisto…
The Rolls-Royce Ghost, even after the release of its refreshed version, still commands attention, especially when it’s dressed in an aftermarket attire. This particular Ghost, painted in a rare shade of blue, stands out from the crowd with its chrome accents, including the iconic grille and the newly designed wheels. The wheels, a masterpiece by Forgiato, feature a turbine-like design with multiple spokes and the signature Rolls-Royce center caps with a touch of blue. To accommodate these 24-inch rims, the car was fitted with thin tires, which might have slightly compromised the ride comfort. Rolls-Royce Ghost Gets an Exclusive Makeover…