How Newsweek is pursuing audience and revenue growth this election year
by Digiday
Digiday— Newsweek's Kevin Gentzel joins the Digiday Podcast to discuss audience and revenue strategies in 2024.
Yahoo Finance—Expedia lowers full-year revenue forecast on slow B2C growth. Online travel agency Expedia cut its 2024 revenue growth forecast on Thursday, as gross bookings were hit by poor performance in its business-to-consumer segment. Shares of the company were down about 8% after the bell. "Given the Vrbo drag and the rate of acceleration in B2C thus far, we are lowering our full-year guidance to a range of mid- to high-single-digit top line growth with margins relatively in line versus last year," said CEO Peter Kern.
BioSpace—Lilly Touts 26% Q1 Revenue Growth on Strong Mounjaro Sales, Raises Full-Year Guidance by $2B. Thanks to strong sales of its blockbuster drugs Mounjaro and Zepbound, Eli Lilly on Tuesday reported nearly $8.77 billion in revenue in the first quarter of 2024, while raising its full-year revenue guidance by $2 billion.
Arkansas Times—Year-to-date state revenue down 5.5% compared to last year. Sales tax collections are up about 3% over last year.