Streetbeat News

Revenues

OPFI

OppFi has reported record net income and revenue for the third quarter and has raised its full-year earnings outlook.

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November 07, 2024 | 10:45 am

QCOM

Qualcomm Inc's expansion into the home PC market has significantly boosted its financial performance for the 2024 fiscal year, with a 9% increase in total revenues to $39 billion and a 40% rise in net income to $10.1 billion.

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November 07, 2024 | 10:30 am

META

Meta's $22 billion acquisition of WhatsApp a decade ago is beginning to show signs of profitability, indicating a positive shift for the company.

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November 07, 2024 | 10:15 am

AMZN

Amazon's sales of cheaper items are surging, with essential product sales growing 50% faster than other items, driven by faster delivery speeds.

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November 07, 2024 | 10:15 am

KGC

Kinross Gold reported strong Q3-24 results with record free cash flow, aided by high gold prices and high-grade feed from its Manh Choh Mine. However, future free cash flow may decline due to expected lower production and higher costs in 2025.

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November 07, 2024 | 10:15 am

CEVA

Ceva, Inc. reported a 13% year-over-year increase in revenue for Q3 2024, reaching $27.2 million. The company achieved record shipments of 522 million Ceva-powered devices, driven by Bluetooth, Wi-Fi, and cellular IoT. Strategic licensing deals were signed, and the company raised its financial guidance for 2024. Ceva also expanded its share repurchase program by 700,000 shares.

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November 07, 2024 | 10:15 am

F

Ford has achieved record sales growth in the Middle East for 2024, driven by strong performance in key markets and a fresh lineup. The launch of the Mustang Mach-E and Territory Hybrid underscores Ford's commitment to an electrified future in the region.

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November 07, 2024 | 9:30 am

EADSF

Airbus delivered 62 aircraft in October, bringing the total deliveries for the year to 559.

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November 07, 2024 | 9:00 am

ITVPF

ITV PLC's share price dropped by 8% following a report of flat advertising revenue in Q3 and plans for £20 million in cost cuts. The company projects a modest 2.5% growth in ad revenue for the year.

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November 07, 2024 | 8:45 am

NSANY

Nissan is cutting 9,000 jobs globally to reduce costs after a poor financial performance, with sales falling to 1.6 million units due to higher costs, particularly in the US.

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November 07, 2024 | 8:45 am