Mirion Technologies Q2 Results Top Estimates; Boosts FY23 Revenue Outlook

RTTNews | 804 ngày trước
Mirion Technologies Q2 Results Top Estimates; Boosts FY23 Revenue Outlook

(RTTNews) - Mirion Technologies, Inc. (MIR) reported Wednesday that net loss attributable to Mirion for the second quarter narrowed to $27.7 million or $0.14 per share from $58.6 million or $0.32 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter were $0.08 per share, compared to $0.13 per share in the year-ago quarter.

Total revenues for the quarter grew 12.2 percent to $197.2 million from $175.8 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.06 per share on revenues of $190.49 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, the company now projects adjusted earnings in a range of $0.28 to $0.34 per share, on revenue growth of 8 to 10 percent, with organic revenue growth of 6 to 8 percent.

Previously, the company expected adjusted earnings in a range of $0.28 to $0.34 per share, on revenue growth of 6 to 9 percent, with organic revenue growth of 4 to 7 percent.

The Street is currently looking for earnings of $0.31 per share on revenues of $774.87 million for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
China Inflation Data Due On Wednesday

China Inflation Data Due On Wednesday

China will on Wednesday release September figures for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | 57 phút trước
TSX Rises 2% As Stocks Rally On Bargain Hunting

TSX Rises 2% As Stocks Rally On Bargain Hunting

The Canadian market is up sharply on Tuesday with investors indulging in some hectic buying across the board, picking up stocks at reduced prices following recent steep fall. Despite U.S. President Donald Trump's conciliatory tone over the weekend with regard to trade relations with China, there are still concerns about the trade spat between the world's two largest economies.
RTTNews | 4h 34phút trước
U.S. Small Business Confidence Weakens For First Time In 3 Months: NFIB

U.S. Small Business Confidence Weakens For First Time In 3 Months: NFIB

Small business morale in the U.S. eroded for the first time in three months in September as business struggle with rising inflation, weaker sales outlook and labor shortage, survey data from the National Federation of Independent Business showed on Tuesday.
RTTNews | 5h 10phút trước
Swiss Market Ends Weak; Bank Stocks Among Major Losers

Swiss Market Ends Weak; Bank Stocks Among Major Losers

Save for a brief while around mid morning, when it emerged slightly above the flat line, Switzerland's benchmark SMI languished in negative territory right through the trading session on Tuesday.
RTTNews | 5h 11phút trước
European Stocks Close Mostly Lower On Weak Data, Trade Tensions

European Stocks Close Mostly Lower On Weak Data, Trade Tensions

European stocks closed mostly weak on Tuesday although several markets in the region managed to regain most of the ground they had lost early on in the session. The weakness was due to escalating U.S.-China trade tensions, the political upheaval in France, and some disappointing regional economic data.
RTTNews | 5h 32phút trước
UK Unemployment Rate Rises; Wage Growth Slows

UK Unemployment Rate Rises; Wage Growth Slows

The UK jobless rate rose slightly, and wage growth softened in the three months to August, raising chances of an interest rate cut this year. The ILO jobless rate rose slightly to 4.8 percent from 4.7 percent in the preceding period, the Office for National Statistics reported Tuesday. The rate was seen unchanged at 4.7 percent.
RTTNews | 8h 57phút trước