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Ebitda

All articles tagged with #ebitda

GameStop climbs on Cohen’s tease of a mega‑deal
markets25 days ago

GameStop climbs on Cohen’s tease of a mega‑deal

GameStop shares rose in premarket trading after CEO Ryan Cohen’s media blitz suggesting a major acquisition, with CNBC/WSJ reports that he’s aiming to buy a much larger company and could push GameStop’s value toward hundreds of billions. Cohen’s pay is tied to hitting a $20 billion market cap and $2 billion in cumulative EBITDA from Q1 2026 onward, thresholds last exceeded during the 2021 meme surge. A Fox Business interview was canceled as Cohen works on a “monumental” plan, and investors are weighing potential targets touted by Michael Burry.

"Energy Transfer LP's Q4 2023 Net Income and EBITDA Surge"
finance2 years ago

"Energy Transfer LP's Q4 2023 Net Income and EBITDA Surge"

Energy Transfer LP reported increased net income of $1.33 billion and adjusted EBITDA of $3.60 billion for Q4 2023, reflecting the company's strong performance and strategic growth initiatives. The company's diverse asset portfolio and operational efficiency contributed to record NGL fractionation and transportation volumes, as well as increased interstate natural gas transportation volumes. With a positive outlook for 2024 and strategic moves such as a merger with Crestwood Equity Partners LP and a non-binding agreement with TotalEnergies, Energy Transfer LP is positioned for continued financial and operational strength in the energy sector.

ZIM Integrated Shipping Reports Q1 Losses and No Dividend Payment.
finance2 years ago

ZIM Integrated Shipping Reports Q1 Losses and No Dividend Payment.

ZIM Integrated Shipping Services is expected to report negative earnings for Q1 2023 due to declining shipping rates and weakening consumer demand. Analysts have revised EPS estimates downward for FY 2023, 2024, and 2025, and the company's EBITDA outlook has been downgraded due to an uncertain pricing environment. The biggest risk for ZIM is a potential recession in 2023, which could negatively impact container shipment volumes and average freight rates. Investors should brace for impact and expect new lows, especially if ZIM downgrades its EBITDA outlook.

Uber's Revenue and EBITDA Show Mixed Results
business2 years ago

Uber's Revenue and EBITDA Show Mixed Results

Uber Freight's revenue dropped 23% YoY in Q1 2023, with negative adjusted EBITDA of $23 million. The Transplace acquisition has not yet brought consistent profitability by that key EBITDA measure. CFO Nelson Chai said that Uber Freight is "really something we still believe in." The weak freight market was cited as a reason for the negative results. Uber Freight and Transplace operate on different sides of the freight divide, with the former having a network of carriers that use its digital brokerage capabilities and the latter operating transportation management systems primarily for shippers.