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Adeia: Q3 Earnings Snapshot
- On Monday, ADTRAN Holdings, Inc. reported a third-quarter loss of $10.3 million and a per-share loss of 12 cents, expecting revenue of $275 million to $285 million for the current quarter.
- Market data show ADTRAN shares have risen 25% since the beginning of the year and climbed 68% over the last 12 months, revealing a gap with the Q3 results.
- On Tuesday, Zoetis Inc. reported third-quarter earnings of $721 million and net income of $1.63 per share, while posting revenue of $2.4 billion that missed Street forecasts.
- Pinnacle West Capital Corp. reported third-quarter earnings of $413.2 million on Monday and expects full-year earnings guidance of $4.90 to $5.10 per share.
- AI-Driven trades lifted markets on Monday as stocks tied to Amazon's $38 billion deal with OpenAI boosted the S&P 500 and Nasdaq, both closing higher on AI enthusiasm.
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65 Articles
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Total News Sources65
Leaning Left8Leaning Right5Center32Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
L 18%
C 71%
11%
Factuality
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