This news marks a significant downturn for Nikola, which has faced scrutiny and challenges since its public listing. The potential move towards bankruptcy indicates severe financial distress and has ...
ViaSat maintained its full-year 2025 revenue and adjusted EBITDA outlook, citing strong results in aviation and defense over the first three quarters. The company expects its Defense and Advanced ...
The Treasury Department has given Musk access to personal private information, state bank account data, and other sensitive data within the past week. Musk, known as the world’s wealthiest individual, ...
Hub Group’s intermodal volume grew 14% YoY in Q4, but this was offset by lower revenue per load and fuel revenue. The company’s Intermodal and Transportation Solutions (ITS) segment saw a 1% decline ...
SAN JOSE, Calif. - Lumentum Holdings Inc . (NASDAQ: LITE) reported better-than-expected fiscal second-quarter results on Thursday, but shares tumbled 5% as the earnings beat failed to meet high ...
The company posted adjusted earnings per share of $0.45, beating the analyst estimate of $0.34 by $0.11. Revenue for the quarter came in at $168.6 million, surpassing the consensus estimate of $152.15 ...
S&P Global Ratings could further downgrade WW if the company misses a principal or interest payment or announces any type of debt restructuring transaction viewed as distressed and tantamount to a ...
Looking ahead, Digi International expects second-quarter EPS to be between $0.46 and $0.50, aligning with the consensus estimate of $0.48. The company has set a goal to grow its ARR to $200 million ...
New Fortress Energy Inc. (NASDAQ: NFE) has seen a downgrade in its issuer credit rating from ’B+’ to ’B’ by S&P Global ...
Ford Motor Co . (NYSE: F) and its subsidiary, Ford Motor Credit Co. LLC, have had their outlook revised to negative at S&P ...
Investors seem to be reacting positively to the potential new revenue stream, as the use of Willscot’s mobile units by ICE could represent a significant contract for the company. The discussions are ...
Investing.com -- Shares of Helmerich & Payne (NYSE: HP) tumbled 15% after the company reported first-quarter revenue that fell short of Wall Street expectations, alongside concerns regarding its ...
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