Science Applications International Corporation Q1 adjusted earnings Beat Estimates
Science Applications International Corporation (SAIC) released a profit for its first quarter that increased from last year.
The company’s profit came in at $81 million, or $1.38 per share. This compares with $36 million, or $0.62 per share, in last year’s first quarter.
Analysts had expected the company to earn $1.51 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 6.2% to $1.87 billion from $1.76 billion last year.
Science Applications International Corporation earnings at a glance:
-Earnings (Q1): . vs. . last year.
-EPS (Q1): $1.94 vs. $1.38 last year.
-Analysts Estimate: $1.51
-Revenue (Q1): $1.87 Bln vs. $1.76 Bln last year.
Full year EPS guidance: $6.15 – $6.40
Full year revenue guidance: $7.15-$7.30 Bln
Twitch's chief people officer shares how the company took its strong in-office culture virtual amid the pandemic and rapid growth
Nuggets vs. Trail Blazers live blog: Real-time updates from Game 6 of the NBA playoffs first-round series – The Denver Post
Live updates, tweets, photos, analysis and more from the Nuggets playoff game against the Portland Trail Blazers at Moda Center in Portland, Ore., on June 3, 2021.
Mobile users, if you can’t see the live blog, tap here.
PagerDuty, Inc. Q1 adjusted earnings Beat Estimates
Below are the earnings highlights for PagerDuty, Inc. (NYSE:PD):
-Earnings: -$22.6 million in Q1 vs. -$11.5 million in the same period last year.
-EPS: -$0.27 in Q1 vs. -$0.15 in the same period last year.
-Excluding items, PagerDuty, Inc. reported adjusted earnings of -$6.5 million or -$0.08 per share for the period.
-Analysts projected -$0.09 per share
-Revenue: $63.6 million in Q1 vs. $49.8 million in the same period last year.
Next quarter EPS guidance: -$0.16-$0.15
Next quarter revenue guidance: $64.5- $66.5 Mln
Full year EPS guidance: -$0.42-$0.36
Full year revenue guidance: $267-$272 Mln
AMC Cashes In on Meme Stock Mania, Raising $587 Million
The theater chain altogether raised more than $1.2 billion in capital this quarter, thanks in part to Reddit traders, but cautioned that the stock could still sink.
By Matt Phillips
It was a conflicted sales pitch: We’re selling new shares of stock, but don’t buy them unless you can afford to lose all your money. Also, free popcorn.
Opinion | You May Live a Lot Longer
By David Brooks
Phil Mickelson just won the P.G.A. Championship at age 50. Tom Brady won the Super Bowl at 43. Serena Williams is a top tennis star at 39. Joe Biden entered the presidency at 78. Last year Bob Dylan released an excellent album at 79.
Australia's Victoria posts slight rise in Covid-19 cases
SYDNEY (REUTERS) – Australia’s second-most populous state Victoria on Friday (June 4) reported a slight rise in new locally acquired Covid-19 cases as state capital Melbourne began an extended snap lockdown imposed to contain its latest virus outbreak.
Victorian authorities on Wednesday extended the lockdown in Melbourne for another week until June 10 but eased some curbs elsewhere in the state.
Four new locally acquired cases were reported on Friday, versus three a day earlier, taking the total infections to 65 in the latest outbreak.
Apple Mandates That Employees Must Come Back To The Office Three Days Per Week As Of September
The work-from-home era for Apple employees is mostly ending. CEO Tim Cook sent out an email today telling his staff that they will return to the office three days a week starting in early September.
“For all that we’ve been able to achieve while many of us have been separated, the truth is that there has been something essential missing from this past year: each other,” CEO Tim Cook said in an email to employees that was obtained by The Verge. “Video conference calling has narrowed the distance between us, to be sure, but there are things it simply cannot replicate.”
The olive branch extended in the new provisions are that employees have the option to work remotely two weeks out of the year.
Returning to work is becoming an issue for many companies. Facebook and Twitter, to cite two examples, have said employees can work from home forever. And Coinbase, the crypto exchange, is doing away with a headquarters in order to totally decentralize its team.
However, Crain’s Chicago reports that some employees are quitting rather than surrending their new-found freedoms.
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MLB informs owners of increased crackdown on pitchers using foreign substances
Major League Baseball informed owners Thursday that it is engaged in the next phase of league-directed enforcement banning the use of foreign substances by pitchers — which would include 10-day suspensions — two persons with direct knowledge of the meeting told USA TODAY Sports.
The persons spoke on the condition of anonymity because MLB has yet to formally announce how they will vigilantly enforce the rule, but it is expected to take place before the July 13 All-Star Game in Denver.
One potential solution, one person said, is to instruct the umpiring crew to check the glove, cap and uniform of every pitcher who enters the game. If a foreign substance is found, the pitcher would be required to get a new cap or glove, as in the case last week when crew chief Joe West ordered St. Louis Cardinals reliever Giovanny Gallegos to remove his cap when he entered the game against the Chicago Cubs. Gallegos was permitted to stay in the game.
Yet, if a pitcher is caught using foreign substances after being checked, he would automatically receive a 10-game suspension.