Royal Philips NL, +3.00% PHIA, -3.97% on Monday said it will “immediately” cut 4,000 jobs after reporting a bigger-than-expected loss on Monday. Roy Jakobs, chief executive officer, announ...
Tag: BiggerThanExpected
Peloton earnings show bigger-than-expected losses, lower Q1 outlook
Peloton Interactive (PTON) reported an operating loss of $1.2 billion in its fiscal fourth quarter as revenue came in below Wall Street expectations. Shares plunged more than 16% in pre-market trading...
Weber stock up 20% despite a bigger-than-expected Q3 loss
Weber Inc (NYSE: WEBR) is up 20% on Monday after the grills and related accessories maker reported better-than-expected sales for its fiscal third quarter. Weber Q3 earnings snapshot Swung to a $7.5 m...