Earnings call: Vertex Pharmaceuticals Q3 2024 revenue climbs 12%
Vertex Pharmaceuticals Incorporated (VRTX) reported a robust financial performance in its Third Quarter 2024 Earnings Call, with revenue reaching $2.77 billion, marking a 12% increase from the previous year. The company also raised its full-year product revenue guidance to a…
Earnings call: ATI Physical Therapy reports growth amid market challenges
ATI Physical Therapy (ticker not provided), a prominent provider of outpatient rehabilitation services, has reported increased revenues and patient visits in its Q3 2024 earnings call. The company highlighted a 7.1% rise in net revenue to $190 million, compared to…
Earnings call: Navitas Semiconductor Q3 results, strategic partnerships
In the recent third-quarter earnings call, Navitas Semiconductor (ticker: NVTS) CEO Gene Sheridan reported a record revenue of $21.7 million driven by peak GaN shipments. Despite a Q3 operational loss of $12.7 million, the company is optimistic about future growth,…
South Korea fines Meta about $15 million over collection of user data
SEOUL (Reuters) – South Korea has ordered Facebook owner Meta Platforms (NASDAQ:META) to pay 21.62 billion won ($15.67 million) in fines after finding it had collected sensitive user data and given it to advertisers without a legal basis, Seoul’s data…
Earnings call: Raiffeisen Bank International reports stable core revenue
In the third quarter of 2024, Raiffeisen Bank International (RBI) CEO Johann Strobl announced a consolidated profit of €156 million with a return on equity (ROE) of 8.6%. Despite a challenging operating environment and geopolitical tensions, the bank maintained stable…
Earnings call: Melexis reports steady Q3 sales, revises full-year outlook
In the latest earnings call, Melexis (ticker: MELE), a key player in the semiconductor industry, reported Q3 2024 sales of €247.9 million, which remained consistent with the same quarter the previous year and showed a slight 1% increase from Q2…