Tag: secondquarter
Bitcoin miner Riot Platforms cuts second-quarter loss to $27.7 million
Based in Coloradothe crypto mining company Riot Platforms managed to reduce its net loss in the second quarter to $27.7 million, as it ramped up its BTC production and hit…
Market: Berkshire posts record second-quarter operating profit
(Reuters) – Berkshire Hathaway, the conglomerate of billionaire Warren Buffett, reported on Saturday a record operating profit for the second quarter at 10.04 billion dollars (9.12 billion euros), driven in…
ID Logistics: second-quarter revenues driven by international markets
(AOF) – ID Logistics has unveiled second quarter 2023 revenue of 658.2 million euros, up 3.6%. It rose by 3.3% like-for-like. The contract logistics specialist’s business was driven by International…
Target: Second-quarter profit slumps despite discounts
by Uday Sampath Kumar (Reuters) – Target reported a nearly 90% drop in quarterly profit on Wednesday and reported weaker-than-expected sales as inflation-hit customers curtailed spending despite steeper discounts. The…
Peacock widens second-quarter losses
Since 2020, the Comcast / NBCUniversal streaming service has been trying to find a place for itself in the face of particularly dynamic competition. In 2020, Peacock grossed $118 million…
Record second-quarter profit for Exxon
by Sabrina Valle HOUSTON, July 29 (Reuters) – Exxon Mobil Corp reported a record quarterly profit on Friday, helped by soaring energy prices and tight spending. The first American oil…
Second-quarter decline in U.S. GDP sparks recession debate
Joe Biden, during a speech on the economy of his country, July 28 in Washington. SUSAN WALSH / AP US activity fell in the second quarter at an annual rate…
Kering: China weighs on Gucci’s second-quarter sales growth
PARIS (Reuters) – Sales at Gucci, the flagship brand of French luxury group Kering, rose just 4% in the second quarter, the group said on Wednesday, as another round of…
Hyundai Motor’s second-quarter net profit rises 59%, beating estimates.
Net profit soared to 2.8 trillion won ($2.13 billion) for the April-June period from 1.8 trillion won a year earlier, beating analysts’ average forecast of 2.2 trillion won from Refinitiv…