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Cancom Q1 Preliminary EBITDA Rises

Avalanche vs. Predators live blog: Real-time updates from Game 1 at Ball Arena – The Denver Post

What to know

Preview: Who has the edge, five things to watch and predictions
Avs’ depth | Darcy Kuemper’s time has arrived | Valeri Nichushkin’s breakout season
Kiz on winning now | Toews and Makar need to stick together

Live updates, tweets, photos, analysis and more from the Colorado Avalanche game against the Nashville Predators at Ball Arena in Denver on May 3, 2022.

Mobile users, if you can’t see the live blog, tap here.

Congressman Tim Ryan wins Democratic nomination for Ohio U.S. Senate race

FILE PHOTO: Democratic U.S. presidential candidate Representative Tim Ryan (D-OH) speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 10, 2019. REUTERS/Yuri Gripas

WASHINGTON (Reuters) – Congressman Tim Ryan won the Democratic nomination to run for U.S. Senate in Ohio on Tuesday, as party members chose a more moderate candidate to face off against a Republican in November’s general election for a seat vacated by retiring Republican Senator Rob Portman.

Watts Water Technologies Q1 Profit Rises

Watts Water Technologies Inc. (WTS) reported net income of $54.5 million or $1.61 per share in the first quarter of 2022 up from $41.7 million or $1.23 per share last year.

Adjusted net income was $1.63 up from $1.24 in the previous year.

Net sales for the first quarter grew to $463.2 million from $413.3 million last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $1.37 per share and revenues of $442.79 million for the quarter. Analysts’ estimates typically exclude special items.

The company increased its full year 2022 outlook for adjusted operating margin expansion to 20 to 60 basis points from previous outlook of zero to 40 basis points. It maintained organic sales growth of 3% to 8%, compared to last year, due to the uncertainty caused by the war in Ukraine.

Werner Enterprises Q1 Profit Rises

Werner Enterprises Inc. (WERN), a premier transportation and logistics provider, reported net income attributable to the company of $53.75 million or $0.82 per share in the first quarter ended March 31, 2022 up from $46.49 million or $0.68 per share in the previous year.

On a non-GAAP basis, adjusted earnings per share of $0.96 increased 40%.

Total revenues for the quarter were $764.6 million, an increase of $148.2 million from the prior year quarter, due to Truckload Transportation Services revenues growth of $95.5 million and Logistics revenues growth of $51.2 million.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.86 per share and revenues of $746.35 million for the quarter. Analysts’ estimates typically exclude special items.

Inspire Medical Systems Q1 Loss Widens; But Lifts FY Revenue Outlook

Inspire Medical Systems Inc. (INSP) reported that its net loss for the first quarter of 2022 widened to $16.69 million or $0.61 per share from $16.22 million or $0.60 per share in the corresponding prior year period.

Revenue was $69.4 million, a 72% increase from $40.4 million in the corresponding period in the prior year.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.80 per share and revenues of $64.17 million for the quarter. Analysts’ estimates typically exclude special items.

The company raised full year 2022 revenue guidance to a range of $336 million – $344 million, from the prior guidance of $318 million to $326 million. Wall Street analysts have a consensus revenue estimate of $325.09 million for fiscal year 2022.

PHOTOS: Abortion rights supporters rally at state Capitol in Denver

Two rallies were held Tuesday at the Colorado state Capitol in Denver in support of abortion rights after a leaked draft opinion indicated the U.S. Supreme Court appears poised to overturn the landmark decision of Roe vs. Wade, which holds the right to have an abortion is protected by the Constitution.

Click here to read more about how this decision might impact Coloradans.

Walmart+ Expands Fuel Discount Offer To Exxon, Mobil Stations

Walmart is offering increased discounts on fuel to members of Walmart+, its subscription service, at select fuel stations amid the increasing fuel prices. The retail major is also expanding the service to Exxon and Mobil Stations.

Starting Wednesday, Walmart+ members will receive an instant discount of up to 10 cents on every gallon of fuel they purchase at participating fuel stations.

Walmart+ fuel discount is now available at more than 14,000 stations with the addition of 12,000 Exxon and Mobil locations across the country. This is a more than sixfold increase from the previous number of stations.

In a statement, Walmart said Walmart+ members will save 10 cents per gallon at participating Exxon and Mobil locations, as well as 5 to 10 cents per gallon at Walmart and Murphy USA stations. Member pricing is also available at more than 500 Sam’s Club locations.

Chris Cracchiolo, senior vice president & general manager of Walmart+, said, “More access to a bigger discount will make a difference for our customers. We want Walmart+ to help our customers save time and money, not only when shopping with us, but throughout their day.”

The other benefits and offerings for Walmart+ members include newly added six months of Spotify Premium at no cost, free grocery deliveries from Walmart stores, free shipping on Walmart.com with no order minimum, Scan & Go contactless checkout and more.

Cancom Q1 Preliminary EBITDA Rises

German IT service provider Cancom SE (CNCXY.PK) reported that its preliminary group EBITDA for the first quarter rose 6.2 percent to 27.2 million euros from the prior year.

Group revenue was 300.9 million euros in the first quarter of 2022, a decline of 10.8 percent from the prior year. The decline in revenue was mainly due to continuing supply bottlenecks for IT hardware. By contrast, the earnings trend remained positive, as business volumes with a high proportion of hardware in particular are negatively impacted and CANCOM’s operating earnings trend is primarily determined by the service business.

The company now expects significant annual revenue growth. Previously, it expected very significant annual revenue growth. The annual forecast for the gross profit, EBITDA and EBITA of the CANCOM Group has also been changed to significant growth from very significant growth.

The company changed the annual forecast, due to the fact that, contrary to expectations, the supply chain situation is not improving but worsening, in particular due to permanent lockdowns in Asia, as well as the macroeconomic environment.

The company will publish its result for the first quarter of 2022 on 12 May 2022.