GM had a strong first quarter as year-over-year revenue rose by 8%. The impressive start pushed GM to raise their full-year guidance. While the company continues to ramp up electric vehicle production, they’re expecting a boost from new and updated ICE-powered vehicles such as the Equinox, Traverse, and Tahoe. General Motors has released their first-quarter results and it's good news for investors as the company reported revenues of $43 billion and $3 billion of net income attributable to...
GM kept the earnings momentum going with strong first quarter results, resulting in the automaker upping its full-year guidance. GM also still sees "positive variable profit" in its EV business in the back half of 2024 as well.
Vinted, the popular online marketplace for second-hand fashion, has announced its first-ever annual profit. The milestone follows a strong 2023, reaching €596.3mn in revenue — a 61% increase compared to the previous year (€370.2mn). With an adjusted EBITDA at €76.6mn, Vinted turned a €20.4mn net loss in 2022 into a €17.8mn net profit in 2023. The startup attributes its profitability to significant growth, starting with increased penetration in existing markets and its expansion to...
First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net income of $112 million, an 8.2% margin, increased 56% year-over-yearFirst quarter adjusted EBITDA of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-yearCash provided by operating activities of $131 million, and adjusted free cash flow of...
STAMFORD, CT, April 23, 2024--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) today announces its 2024 first-quarter results1.
Blackbird Interactive has lowered the PC system requirements for its upcoming space-based RTS sequel Homeworld 3. It's also revealed some details about the first year of its post-release content.
Zepbound reported $517.4 million in sales for the quarter, even as most
Ford reported first quarter results after the bell that beat expectations on Wednesday, with its changing product game plan front and center along with its focus on gas and hybrid offerings.
“Our equity investments had a very strong return in the first quarter,
The Investor Relations website contains information about Eli Lilly and Company's business for stockholders, potential investors, and financial analysts.
3M (NYSE: MMM) today reported first-quarter results and initiated its 2024 financial earnings outlook reflecting Solventum as a discontinued operation for the full-year, including Q1.
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. Fulton Bank, which […]