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Q3 2023 Results

All articles tagged with #q3 2023 results

business2 years ago

eBay's Disappointing Q3 Results and Holiday Outlook Cause Stock Slide

eBay Inc. reported its third-quarter 2023 financial results, with revenue reaching $2.5 billion, a 5% increase on an as-reported basis. Gross Merchandise Volume (GMV) was $18.0 billion, up 2% on an as-reported basis. The company's GAAP and Non-GAAP earnings per diluted share were $2.46 and $1.03, respectively. eBay returned $783 million to shareholders in Q3 through share repurchases and cash dividends. The company highlighted its strategic initiatives, including the expansion of its advertising products and the launch of new services such as consignment and authenticity guarantee for luxury items. eBay also announced various partnerships and programs aimed at driving customer satisfaction and growth.

via eBay Inc.|
#business#ebay#gross-merchandise-volume
business2 years ago

Brookfield Infrastructure's Q3 2023 Performance Revealed

Brookfield Infrastructure Partners reported its financial results for the third quarter of 2023, with net income of $104 million compared to $113 million in the prior year. The company's funds from operations (FFO) increased by 7% to $560 million. The utilities segment saw a 17% increase in FFO, while the transport segment had a 7% increase. The midstream segment experienced a 5% decrease in FFO, and the data segment had a 10% increase. Brookfield Infrastructure also provided updates on its strategic initiatives, including the completion of the take-private of Triton and the acquisition of data centers from Cyxtera. The company declared a quarterly distribution of $0.3825 per unit, representing a 6% increase compared to the prior year.

via Brookfield Infrastructure Partners|
#brookfield-infrastructure#business#distribution-declaration
business2 years ago

Danaher Corporation's Q3 Numbers Drive Stock Surge

Danaher Corporation reported its third-quarter 2023 results, with net earnings of $1.1 billion and revenues of $6.9 billion, representing a 10.5% decrease year-over-year. The company's non-GAAP adjusted diluted net earnings per common share were $2.02. Danaher's Biotechnology segment performed as expected, while higher respiratory testing revenue offset slightly softer demand in Life Sciences. The company also completed the spin-off of Veralto Corporation and provided its outlook for the fourth quarter and full year 2023, anticipating a decline in non-GAAP base business core revenue.

via Danaher | Investor Overview|
#biotechnology#business#danaher-corporation
business2 years ago

"Nikola Corporation Sets Date for Q3 2023 Results and Shareholder Webcast"

Nikola Corporation will announce its third quarter 2023 financial results and business updates on November 2, 2023. The company will hold a conference call and webcast to discuss its business and outlook. To enhance shareholder engagement, Nikola will utilize a Q&A platform developed by Say Technologies, allowing verified investors to submit and upvote questions. The platform will be open from October 25 to November 1.

via Nikola Motor|
#business#nikola-corporation#q3-2023-results