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The world’s largest corporate holder of Bitcoin has reduced its losses compared to previous earnings as its CEO says it will continue to buy and hold Bitcoin long term. The third quarter earnings for business intelligence firm MicroStrategy revealed a narrowed net loss of $27.1 million for the quarter, while it continues to grow its […]
ZoomInfo Technologies Inc. shares ZI, -2.31% were off 20% in after-hours trading Tuesday after the company topped expectations with its latest earnings and revenue figures but cut its free-cash flow outlook for the full year. The company logged third-quarter net income of $17.9 million, or 4 cents a share, whereas it posted a net loss […]
Camping World Holdings Inc. CWH, +1.29% shares dropped 5% in the extended session Tuesday after the retailer reported mixed third-quarter results, missing profit expectations and reporting higher-than-expected sales. Camping World earned $102.9 million, or 97 cents a share, in the quarter, compared with $189 million, or $1.72 a share, in the year-ago period. Adjusted for […]
Benefits manager Voya Financial VOYA, +0.22% on Tuesday said it agreed to acquire Benefitfocus BNFT, -0.85%, a cloud-based benefits administration tech platform, in a $570 million deal. Shares of Benefitfocus rocketed 47% higher, to $10.28, in after-hours trade. The move, Voya said, would hasten its growth in “health and wealth solutions,” leading to a combined […]
Shares of Cheesecake Factory Inc. CAKE, -4.69% dropped more than 10% in the extended session Tuesday after the restaurant chain surprised investors with a quarterly loss and sales that were below Wall Street expectations, saying that inflation and higher costs continued to eat away at its operations. Cheesecake Factory lost $2.4 million, or 5 cents […]
Big 5 Sporting Goods Corp.’s. stock BGFV, -0.08% slid 8% in extended trading Tuesday after the retail chain provided fiscal fourth-quarter earnings guidance of between 8 cents and 20 cents a share, while analysts were expecting 29 cents a share. For the third quarter, Big 5 reported net income of $6.4 million, or 29 cents […]