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May 2, 2024
15 mins ago
Etsy, Inc. (NASDAQ:ETSY) reported worse-than-expected first-quarter financial results on Wednesday. Etsy reported first-quarter revenue of $645.954 million, which missed the consensus estimate of $646.33 million, according to Benzinga Pro. The company reported quarterly earnings of 48 cents per share, which missed estimates of 49 cents per share. Consolidated GMS (gross merchandise sales) totaled $3 billion in the quarter, down 3.7% year-over-year. “Our first quarter performance, while in line …Full story available on Benzinga.com
174454
News
May 2, 2024
18 mins ago
ATLANTA, May 02, 2024 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced the expiration and final results of its subsidiary’s, Cumulus Media New Holdings Inc. (the “Issuer”), previously announced offer to exchange (as amended, the “Exchange Offer”) any and all of its outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the “Old Notes”) for new 8.000% Senior Secured First-Lien Notes due 2029 (the “New Notes”) to be issued by the Issuer, upon the terms of and subject to the conditions set forth in the confidential offering memorandum and consent solicitation statement, dated February 27, 2024 (as amended by Supplement No. 1, dated April 18, 2024, the “Offering Memorandum”). All capitalized terms not defined herein are defined in the Offering Memorandum, unless otherwise noted.
174455
News
May 2, 2024
20 mins ago
Wolfspeed, Inc. (NYSE:WOLF) reported worse-than-expected third-quarter revenue results on Wednesday. Wolfspeed posted adjusted loss of 62 cents per share, compared to market expectations for a loss of 64 cents per share. The company’s quarterly sales came in at $200.700 million, missing estimates of $201.110 million, according to data from Benzinga Pro. “We are pleased with the significant operational milestones achieved in the quarter for Wolfspeed as we continue to be the world’s first fully, vertically integrated 200-millimeter silicon carbide player at scale,” said Wolfspeed CEO, Gregg Lowe. “We are making progress …Full story available on Benzinga.com
174456
News
Copied
May 2, 2024
15 mins ago
Etsy, Inc. (NASDAQ:ETSY) reported worse-than-expected first-quarter financial results on Wednesday. Etsy reported first-quarter revenue of $645.954 million, which missed the consensus estimate of $646.33 million, according to Benzinga Pro. The company reported quarterly earnings of 48 cents per share, which missed estimates of 49 cents per share. Consolidated GMS (gross merchandise sales) totaled $3 billion in the quarter, down 3.7% year-over-year. “Our first quarter performance, while in line …Full story available on Benzinga.com
ETSY
174454
News
May 2, 2024
18 mins ago
ATLANTA, May 02, 2024 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced the expiration and final results of its subsidiary’s, Cumulus Media New Holdings Inc. (the “Issuer”), previously announced offer to exchange (as amended, the “Exchange Offer”) any and all of its outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the “Old Notes”) for new 8.000% Senior Secured First-Lien Notes due 2029 (the “New Notes”) to be issued by the Issuer, upon the terms of and subject to the conditions set forth in the confidential offering memorandum and consent solicitation statement, dated February 27, 2024 (as amended by Supplement No. 1, dated April 18, 2024, the “Offering Memorandum”). All capitalized terms not defined herein are defined in the Offering Memorandum, unless otherwise noted.
CMLS
174455
News
May 2, 2024
20 mins ago
Wolfspeed, Inc. (NYSE:WOLF) reported worse-than-expected third-quarter revenue results on Wednesday. Wolfspeed posted adjusted loss of 62 cents per share, compared to market expectations for a loss of 64 cents per share. The company’s quarterly sales came in at $200.700 million, missing estimates of $201.110 million, according to data from Benzinga Pro. “We are pleased with the significant operational milestones achieved in the quarter for Wolfspeed as we continue to be the world’s first fully, vertically integrated 200-millimeter silicon carbide player at scale,” said Wolfspeed CEO, Gregg Lowe. “We are making progress …Full story available on Benzinga.com
WOLF
174456
News
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1 Comment
Most Voted
13 days ago
Bitcoin halving just around the corner!🚀 Halving events tighten Bitcoin’s supply, but will this boost its value as a decentralized asset?