Mark Zuckerberg said Meta is “fully committed” to the metaverse. Meta just had its best quarter since 2021, even as it continues to lose massive amounts of money on the metaverse. In fact, the company said it expects to lose even more money on its efforts in the year to come. Reality Labs, the Meta… Continue reading Meta had its best quarter since 2021 despite losing more money on the metaverse
Tag: Financial Results
X tells advertisers to spend $1,000 per month or risk losing verification status
Musk says it’s to prevent scammers from creating millions of accounts. Amid its rebranding to X, Twitter is reportedly hardballing advertisers in an effort to increase its bottom line. Reports earlier this month suggested that Twitter’s revenue had dropped by a staggering 50 percent. The company’s latest strategy to increase revenue, according to The Wall… Continue reading X tells advertisers to spend $1,000 per month or risk losing verification status
Lithia & Driveway (LAD) Reports 12% Revenue Increase and Diluted EPS of $10.78
Announces Dividend to $0.50 per Share for Second Quarter MEDFORD, Ore., July 26, 2023 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) today reported the highest second quarter revenue in company history. Second quarter 2023 revenue increased 12% to $8.1 billion from $7.2 billion in the… Go to Source
Scania interim report January-June 2023
SÖDERTÄLJE, Sweden, July 26, 2023 /PRNewswire/ — Demand for Scania’s products and services remained high in the second quarter and the company performed strongly in a challenging business environment. Scania’s net sales grew by 36 percent to SEK 51.0 billion (37.4) in the second quarter… Go to Source
H World Announces Preliminary Q2 Operating Results
RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023”). As of 30 June 2023,… Go to Source
LG Energy Solution Records Steady Gains in 2Q, Increases Revenue Guidance for 2023
LGES posts quarterly revenue of KRW 8.774 trillion, operating profit of KRW 461 billion in the second quarter of 2023 The company records strong first half-year performance by strengthening competitiveness amid growing EV demands in the U.S. market LGES aims for over mid-30 percent annual revenue growth despite market uncertainties, with solid product competitiveness and diverse… Continue reading LG Energy Solution Records Steady Gains in 2Q, Increases Revenue Guidance for 2023
16:30 ETDana to Pay Dividend on Common StockDana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its c…
MAUMEE, Ohio, July 26, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Sept. 1, 2023, to holders of Dana common stock as of Aug. 11. About Dana IncorporatedDana is a… Continue reading 16:30 ETDana to Pay Dividend on Common StockDana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its c…
8 Disruptors In The Electric Vehicle Boom
FN Media Group Presents Oilprice.com Market Commentary LONDON, July 26, 2023 /PRNewswire/ — Many EV companies are bleeding cash. Many others are involuntarily ceding market share to traditional auto giants like Ford, Chevy and GM. Companies mentioned in this release include: General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), NIO Inc. (NYSE: NIO), Joby… Continue reading 8 Disruptors In The Electric Vehicle Boom
Aircraft Fuel Cells Market worth $5.7 billion by 2035 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 26, 2023 /PRNewswire/ — The aircraft Fuel Cells market size is projected to grow from an estimated USD 1.6 billion in 2023 to USD 5.7 billion by 2035, at a CAGR of 10.8% during the forecast period according to a new report by MarketsandMarkets™. This growth can be attributed to the increasing adoption… Continue reading Aircraft Fuel Cells Market worth $5.7 billion by 2035 – Exclusive Report by MarketsandMarkets™
H World Announces Preliminary Q2 Operating Results
RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023“). As of 30 June 2023, H World operates 8,750 hotels with… Continue reading H World Announces Preliminary Q2 Operating Results