Polarity TE Reports Narrower Net Loss For FY20
Polarity TE Inc. (PTE) Tuesday reported a narrower loss for the full year on revenue growth.
The developer of a range of regenerative tissue products and biomaterials for the fields of medicine, biomedical engineering, and material sciences reported full-year net loss of $42.85 million, compared to net loss of $92.49 million.
For the fourth quarter, the company reported net revenue of $3.59 million.
Boy, 12, brain dead after 'choking himself with shoelace for TikTok challenge'
FactSet Q2 Profit Misses Estimates; Revenue Up 6%
FactSet (FDS) reported that is second quarter adjusted earnings per share increased to $2.72 from $2.55, prior year. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $2.74, for the quarter. Analysts’ estimates typically exclude special items.
Second quarter earnings per share increased 8.7% to $2.50 compared with $2.30, last year. Net income was $96.64 million, up 9.0%.
Second quarter revenue increased 6.0%, to $391.8 million. Organic revenues grew 4.9% to $389.2 million. Analysts expected revenue of $391.46 million, for the quarter. Annual Subscription Value plus professional services was $1.6 billion at February 28, 2021, compared to $1.5 billion at February 29, 2020.
For 2021, the company projects: adjusted EPS to be in the range of $10.75 and $11.15; and revenue in the range of $1.57 billion and $1.585 billion. Organic Annual Subscription Value plus professional services is now expected to increase in the range of $70 million and $85 million over fiscal 2020.
On March 23, 2021, the Board of FactSet approved an increase of $206 million to the existing share repurchase program. As of March 30, 2020, $350 million is available for share repurchases.
Two of London's most popular parks to start charging visitors for parking
Granite Construction Posts Adj. Net Income In Q4 – Quick Facts
Granite Construction Incorporated (GVA) reported a fourth quarter adjusted net income of $0.41 per share compared to an adjusted net loss of $0.27 per share, a year ago. Adjusted EBITDA increased to $56.6 million from $8.5 million.
Fourth quarter reported net income was $8.0 million, or $0.17 per share compared to a net loss of $19.4 million, or $0.42 per share, prior year. Gross profit increased to $106.6 million from $51.2 million.
Fourth quarter revenue increased 6.8% to $945.6 million compared to $885.6 million, last year.
Musk says cell supply shortage makes it difficult to scale Tesla Semi production
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk said in a tweet on Tuesday the near-term cell supply shortage makes it difficult to scale the production of Tesla Semi commercial truck.
Scotland to lift 'stay at home' orders from Friday as lockdown eases
CureVac taps Swiss contract drugmaker Celonic for COVID-19 vaccine production
(Reuters) – Germany-based CureVac NV said on Tuesday it had partnered with Swiss contract manufacturer Celonic Group to produce more than 100 million doses of its COVID-19 vaccine candidate.
The vaccine, CVnCoV, will be produced at Celonic’s facility in Heidelberg, Germany.
Thieves filmed stealing two Labradors from outside M&S while owner shopped
Gold falls ₹138, silver declines ₹320
Gold dipped by ₹138 to ₹44,113 per 10 gram in the national capital on Tuesday amid decline in global precious metal prices, according to HDFC Securities.
In the previous trade, it had closed at ₹44,251 per 10 grams.
Silver also declined ₹320 to ₹63,212 per kg, from ₹63,532 per kg in the previous trade.
In the international market, gold was trading lower at $1,698 per ounce and silver was flat at $24.49 per ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Gold prices witnessed selling with COMEX (New York-based commodities exchange) gold falling to two weeks low on stronger dollar.”
Don Lemon Uses On-Screen Clock To Make Powerful Point About George Floyd’s Death
CNN’s Don Lemon on Monday ran an on-screen clock to show the “excruciatingly long” revised period of time — nine minutes and 29 seconds — that former Minneapolis police officer Derek Chauvin was filmed kneeling on the neck of George Floyd.
It’s “much longer than you think and it goes on and on and on,” Lemon said during a segment centered on the first day of Chauvin’s trial for the death of Floyd in May 2020. Chauvin is charged with second- and third-degree murder and second-degree manslaughter. He has pleaded not guilty.
As the clock ticked, Lemon urged viewers to “think of the time that someone’s knee is on your neck and stopping you from breathing,” he said.
“Nine minutes and 29 seconds,” he said. “All this happening on a Minneapolis street in broad daylight and it was caught in camera.”