Benchmark: Raised IMAX (NYSE:IMAX) price target to $22
Benchmark: Raised the IMAX (NYSE:IMAX) price target to $22.
Benchmark: Raised IMAX (NYSE:IMAX) price target to $22 Read Post »
Consumer Discretionary
Deutsche Bank: Lowered eBay (NASDAQ:EBAY) price target from $55 to $50
Deutsche Bank: Lowered eBay (NASDAQ:EBAY) price target from $55 to $50.
Deutsche Bank: Lowered eBay (NASDAQ:EBAY) price target from $55 to $50 Read Post »
Netflix (NASDAQ:NFLX) has cut subscription prices in more than 30 countries
Netflix (NASDAQ:NFLX) has cut subscription prices in more than 30 countries.
Netflix (NASDAQ:NFLX) has cut subscription prices in more than 30 countries Read Post »
Cowen Adjusts Price Target on eBay(NASDAQ:EBAY) to $48 From $45
Cowen Adjusts Price Target on eBay(NASDAQ:EBAY) to $48 From $45, Maintains Market Perform Rating.
Cowen Adjusts Price Target on eBay(NASDAQ:EBAY) to $48 From $45 Read Post »
eBay(NASDAQ:EBAY) reported Q4 2022 net revenues $2.5 billion,down 4% year-over-year
February 22, 2023 – eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today reported financial results for its fourth quarter and full year ended December 31, 2022. eBay Gross Merchandise Volume at $18.2 Billion in Q4, vs Visible Alpha Analyst Consensus of $17.96 Billion。 Q4 2022 GMV was $73.9 billion, down 15% on an as-reported basis and down 11% on an FX-Neutral basis. In Q4 2022 Generated $686 million of operating cash flow and $533 million of free cash flow from continuing operations. Board of Directors declared a quarterly dividend of $0.25 per share, a 14% increase from the prior quarterly dividend。 Returned over $419 million to shareholders in Q4, including $300 million of share repurchases and $119 million paid in cash dividends。 Full Year Financial Highlights GMV was $73.9 billion, down 15% on an as-reported basis and down 11% on an FX-Neutral basis. Generated $2.6 billion of operating cash flow
eBay(NASDAQ:EBAY) reported Q4 2022 net revenues $2.5 billion,down 4% year-over-year Read Post »
IMAX(NYSE:IMAX) reported Q4 2022 Revenue $98M, down 10% year-over-year
February 22, 2023 – IMAX Corporation (NYSE: IMAX) today reported Q4 AND FULL-YEAR 2022 RESULTS. Posts Q4 EPS $0.19, vs. Street Est of $0.22; Posts Q4 Revenue $98M, vs. Street Est of $96.2M. Fourth Quarter and December Full-Year Financial Highlights IMAX Technology Network IMAX Technology Network revenues decreased 11% to $45.9 million in the fourth quarter of 2022. Box office from IMAX locations in Q4 of $252 million was down 9.3% from Q4 of 2021 driven by China. Avatar delivered $140 million in box office in the last two weeks of December with 11% market share on less than 1% of screens and comprising more than half of Q4’s total IMAX box office. Gross margin for the IMAX Technology Network was $27.0 million in the fourth quarter of 2022, compared to $36.8 million in the prior year period driven by lower revenues and higher marketing investments. IMAX Technology Sales and
IMAX(NYSE:IMAX) reported Q4 2022 Revenue $98M, down 10% year-over-year Read Post »
IMAX (NYSE:IMAX) Q4 2022 revenue was $98 million, compared with analysts’ expectations of $95.3 million.
IMAX (NYSE:IMAX) adjusted EPS for the fourth quarter of 2022 was $0.19, versus analysts’ expectations of $0.25. Fourth-quarter revenue was $98 million, compared with analysts’ expectations of $95.3 million.
Tesla (NASDAQ:TSLA) CEO Elon Musk: The Fremont Gigafactory is expected to produce more than 600,000 vehicles this year
Tesla (NASDAQ:TSLA) CEO Elon Musk: The Fremont Gigafactory is expected to produce more than 600,000 vehicles this year. The Fremont Gigafactory is the most produced automotive plant in North America. Musk and California Governor Newsom announced that Tesla’s engineering headquarters were located in Palo Alto.
Luminar (NASDAQ:LAZR): Mercedes-Benz plans to integrate next-generation iris lidar and software technology into production lines by mid-decade
Luminar (NASDAQ:LAZR): Mercedes-Benz plans to integrate next-generation iris lidar and software technology into production lines by mid-decade
Amazon (NASDAQ:AMZN) announced the completion of its acquisition of primary care provider One Medical
Amazon (NASDAQ:AMZN) announced on February 22 that it has completed its $3.49 billion acquisition of 1Life Healthcare, the operator of One Medical’s line of primary health clinics. A spokesman for the U.S. Federal Trade Commission said the day before yesterday that the agency would not prosecute in time to stop the deal, but would continue to investigate. One Medical operates more than 200 medical offices in 26 markets in the U.S., and customers pay subscription fees to access their physician and digital health services. After completing the acquisition, Amazon will significantly expand its healthcare business and enter the physical medical clinic segment.
Bernstein: Tesla, Inc. (Nasdaq:TSLA) giving an “underperform” rating
Bernstein gives Tesla, Inc. (Nasdaq:TSLA) an “underperform” rating with a $150 price target. Toni Sacconaghi, an analyst at the bank, believes that the most important issue for the company as Tesla enters analyst day is the status of its next-generation low-cost car platform. The agency added that while the market did not expect anything from the launch of the company’s products, details about pricing, availability and, above all, timing were paramount. Bernstein believes that Tesla will not be able to deliver such models in large quantities before 2025, and that it will be difficult for Tesla to achieve 50% sales growth without further reducing the price of existing models.
Bernstein: Tesla, Inc. (Nasdaq:TSLA) giving an “underperform” rating Read Post »
NIKE(NYSE:NKE) Price Target Raised to $150.00/Share From $135.00 by Oppenheimer
NIKE(NYSE:NKE) Price Target Raised to $150.00/Share From $135.00 and Maintained at Outperform by Oppenheimer.
NIKE(NYSE:NKE) Price Target Raised to $150.00/Share From $135.00 by Oppenheimer Read Post »