Tesla (TSLA) The electric vehicle (EV) giant reported adjusted quarterly earnings of $1.19 versus analyst estimates of $1.12 per share. Sales of $24.32 billion beat analyst estimates of $23.03 billion. Tesla’s automotive gross margin of 25.9% came in below expectations of 28.4%. The company said its Cybertruck model is on track to begin production later this year. More details are expected to be revealed at its investor day on March 1. IBM (IBM) IBM shares rose 2% after the company announced… Source link
Read More »Levi Strauss, AMD, Tilray, and more
Levi Strauss (LEVI): Shares fell 5% in extended trading after the jeans-maker lowered its full year forecast, citing the strong dollar and supply chain disruptions. Levi sees full-year adjusted earnings per share of $1.44 to $1.49, down from its previous range of $1.50 to $1.56, and 2022 net revenue growth of 6.7% to 7%. For the third quarter, Levi reported adjusted earnings of 40 cents a share on revenue of $1.52 billion. Advanced Micro Devices (AMD): The chipmaker fell in after hours trading… Source link
Read More »Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / July 25, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you. ATHA Shareholders Click Here: Source link
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