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Viav Solutions: Fiscal Q4 Earnings Snapshot

Published Sat, 02 Nov 2024 15:40:00 GMT

CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Viavi Solutions Inc. (VIAV) on Thursday reported a loss of $100,000 in its fiscal fourth quarter.The Chandler, Arizona-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for one-time gains and costs, came to 10 cents per share.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.The communications equipment company posted revenue of $263.6 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $252.4 million.For the current quarter ending in September, Viav Solutions expects its per-share earnings to range from 9 cents to 11 cents.The company said it expects revenue in the range of $240 million to $260 million for the fiscal first quarter._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Inv...

Talis: Q2 Earnings Snapshot

Published Sat, 02 Nov 2024 15:40:00 GMT

REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Talis Biomedical Corp. (TLIS) on Thursday reported a loss of $15 million in its second quarter.The Redwood City, California-based company said it had a loss of $8.27 per share.The infectious disease diagnostics company posted revenue of $581,000 in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLIS at https://www.zacks.com/ap/TLISSource

Amprius: Q2 Earnings Snapshot

Published Sat, 02 Nov 2024 15:40:00 GMT

FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Amprius Technologies Inc. (AMPX) on Thursday reported a second-quarter loss of $9.4 million, after reporting a profit in the same period a year earlier.On a per-share basis, the Fremont, California-based company said it had a loss of 11 cents.The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 11 cents per share.The battery maker posted revenue of $1.6 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $483,000.Amprius shares have decreased 16% since the beginning of the year._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPX at https://www.zacks.com/ap/AMPXSource

Sientra: Q2 Earnings Snapshot

Published Sat, 02 Nov 2024 15:40:00 GMT

SANTA BARBARA, Calif. (AP) — SANTA BARBARA, Calif. (AP) — Sientra Inc. (SIEN) on Thursday reported a loss of $9.5 million in its second quarter.On a per-share basis, the Santa Barbara, California-based company said it had a loss of 85 cents.The breast implant maker posted revenue of $23.1 million in the period.Sientra expects full-year revenue in the range of $98 million to $102 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIEN at https://www.zacks.com/ap/SIENSource

LogicMark: Q2 Earnings Snapshot

Published Sat, 02 Nov 2024 15:40:00 GMT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — LogicMark, Inc. (LGMK) on Thursday reported a loss of $2.3 million in its second quarter.On a per-share basis, the Louisville, Kentucky-based company said it had a loss of $1.83.The biometric authentication company posted revenue of $2.3 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LGMK at https://www.zacks.com/ap/LGMKSource

StarTek: Q2 Earnings Snapshot

Published Sat, 02 Nov 2024 15:40:00 GMT

DENVER (AP) — DENVER (AP) — StarTek Inc. (SRT) on Thursday reported profit of $6.5 million in its second quarter.On a per-share basis, the Denver-based company said it had net income of 16 cents. Earnings, adjusted for one-time gains and costs, came to 4 cents per share.The call center operator posted revenue of $91.2 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRT at https://www.zacks.com/ap/SRTSource

Colorado's 2nd EF-3 tornado of the year touched down Tuesday

Published Sat, 02 Nov 2024 15:40:00 GMT

DENVER (KDVR) -- Tornadoes have been exceptionally strong and more frequent in Colorado this year, already breaking some records and on track to possibly break more.So far this year there have been 90 tornadoes in the state, which is approaching the record for the most tornadoes in one year with 98 in 1996, according to FOX31 Pinpoint Weather meteorologist Kylie Bearse. On average, Colorado sees just 53 tornadoes annually. How rare are tornadoes in Denver metro? Earlier this year, the record for the most confirmed tornadoes in one day in the state's history was broken when 36 tornadoes blew through the Eastern Plains on June 21.The tornadoes have been more severe than in previous years as well.A tornado ripped through Yuma Tuesday, tearing apart a home while three children prayed for life as they held on to each other sheltered in the basement. It was preliminarily rated as an EF-3 by the National Weather Service on the Enhanced Fujita Scale, which essentially rates the tornado's ...

Hialeah Police establish perimeter, search for suspected armed burglar; westbound lanes of Okeechobee Road closed

Published Sat, 02 Nov 2024 15:40:00 GMT

Hialeah Police have set up a perimeter in search of a suspected armed burglary suspect who, they said, fled from police.7Skyforce hovered over the scene at West 14th Avenue and 29th Street, just after 4 p.m., Thursday. Hialeah Police SWAT, a K-9 unit and multiple officers are at the scene conducting the search for the subject in question. The westbound lanes of West Okeechobee Road are closed due to the police activity. Please check back on WSVN.com and 7News for more details on this developing story.

Surf instructor, off-duty lifeguards rush to save submerged swimmer off Fort Lauderdale Beach

Published Sat, 02 Nov 2024 15:40:00 GMT

A swift response by a vigilant bystander and off-duty lifeguards averted a potential tragedy as a swimmer faced dangerous conditions off the shores of Fort Lauderdale. According to Fort Lauderdale Fire Rescue, a local surf instructor, who happened to be present at the scene, spotted a swimmer submerged approximately 100 yards offshore, near A1A and Northeast 18th Street, just before 07:50 a.m., Thursday.The surf instructor, Dutch Shoren, said he paddled a surfboard toward the partially submerged victim.“So I’m paddling down to him, going, ‘Oh, yeah, I got this. I know CPR, I know what to do, I can do this,'” he said. “When I got to this fellow, he actually was face down. He wasn’t conscious.”Shoren, who owns a surf camp for children, said he was setting up shop when he noticed the submerged swimmer.“I was back and forth, grabbing surfboards, picking them up, taking them back to the camp,” he said. “Next thing I knew, I see ...

Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall

Published Sat, 02 Nov 2024 15:40:00 GMT

(CNN) — The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an “unprecedented” arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.In agreeing to pause the settlement, the court also said it would take up the case and hear arguments this December.The case arose after the reorganization in bankruptcy of OxyContin manufacturer Purdue Pharma – stemming from litigation arising from claims over its role in fueling the opioid addiction crisis.Until recently, Purdue was controlled by the Sackler family, who withdrew billions of dollars from the company before it filed for bankruptcy. The family has now agreed to contribute up to $6 billion to Purdue’s reorganization fund on the condition that the Sacklers receive a release from civil liability.“We are confident in the legality of our nearly universally supported Plan of ...