NVIDIA Corporation Q3 adjusted earnings Beat Estimates

Maxar Technologies Continues To Gain

Maxar Technologies Inc. (MAXR) shares are rising more than 9 percent on Wednesday morning trade continuing an uptrend since Tuesday. There have been no stock-specific news today that could push the stock higher

The Earth Intelligence and Space Infrastructure company shares are currently at $33.58, up 9.48 percent from the previous close of $30.67 on a volume of 815,472. The shares have traded in a range of $25.41-$58.75 on average volume of 758,133.

Starbucks Brings Back Reusable Holiday Red Cup To Attract Customers

Starbucks Corp. (SBUX) announced on Wednesday that it would be giving away its famous reusable holiday cups for a single day. People ordering a handcrafted holiday beverage from Starbucks stores across the U.S on Thursday will get their drink in a “limited-edition reusable red cup.”

Starbucks said in a statement that this year’s reusable cup design has the “classic holiday red, with playful swirls of shimmering ribbon dancing against a starry sky.” The same design was also printed on paper cups as part of the company’s recently introduced holiday theme.

The company said that the “red cup” supplies are limited and will be given on all orders, either through its app, in-person or via delivery platforms.

Starbucks said that the cup is made from 50 percent recycled materials and people can bring it back to the stores to receive a 10 percent discount on upcoming orders.

If any customer wants to receive the red cup, then they must order a handcrafted holiday drink or fall beverage like apple crisp macchiato, peppermint mocha, pumpkin cream cold brew and toasted white hot chocolate. The Starbucks regular items like brewed and iced coffee are not part of this offer.

Customers always look forward to Starbucks’ holiday-themed cups and this year, Starbucks aims to bring higher sales and expects more than $3 billion to be added to the company’s gift cards.

Twenty-Year Bond Auction Attracts Average Demand

The Treasury Department announced the results of this month’s auction of $23 billion worth of twenty-year bonds on Wednesday, revealing the sale attracted average demand.

The twenty-year bond auction drew a high yield of 2.065 percent and a bid-to-cover ratio of 2.34.

Last month, the Treasury sold $24 billion worth of twenty-year bonds, drawing a high yield of 2.100 percent and a bid-to-cover ratio of 2.25.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous twenty-year bond auctions had an average bid-to-cover ratio of 2.34.

On Thursday, the Treasury is due to announce the details of this month’s auctions of two-year, five-year and seven-year notes.

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Helmerich & Payne Inc. Announces Retreat In Q4 Earnings

Below are the earnings highlights for Helmerich & Payne Inc. (HP):

-Earnings: -$79.16 million in Q4 vs. -$58.96 million in the same period last year.
-EPS: -$0.74 in Q4 vs. -$0.55 in the same period last year.
-Excluding items, Helmerich & Payne Inc. reported adjusted earnings of -$65.89 million or -$0.62 per share for the period.
-Revenue: $343.01 million in Q4 vs. $208.27 million in the same period last year.

QuickLogic Corporation Q3 adjusted earnings Beat Estimates

Below are the earnings highlights for QuickLogic Corporation (QUIK):

-Earnings: -$1.28 million in Q3 vs. -$2.07 million in the same period last year.
-EPS: -$0.11 in Q3 vs. -$0.19 in the same period last year.
-Excluding items, QuickLogic Corporation reported adjusted earnings of -$0.40 million or -$0.03 per share for the period.
-Analysts projected -$0.06 per share
-Revenue: $3.86 million in Q3 vs. $1.78 million in the same period last year.

Tetra Tech Inc Q4 adjusted earnings Beat Estimates

Below are the earnings highlights for Tetra Tech Inc (TTEK):

-EPS: $1.52 in Q4 vs. $0.82 in the same period last year.
-Analysts projected $1.00 per share
-Revenue: $709.13 million in Q4 vs. $589.81 million in the same period last year.

-Guidance:
Next quarter EPS guidance: $0.98 to $1.03
Next quarter revenue guidance: $630 – $680 Mln

Cisco Systems Inc. Q1 adjusted earnings Beat Estimates

Cisco Systems Inc. (CSCO) announced a profit for its first quarter that climbed from last year.

The company’s bottom line totaled $2.98 billion, or $0.70 per share. This compares with $2.17 billion, or $0.51 per share, in last year’s first quarter.

Excluding items, Cisco Systems Inc. reported adjusted earnings of $3.48 billion or $0.82 per share for the period.

Analysts had expected the company to earn $0.80 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 8.1% to $12.90 billion from $11.93 billion last year.

Cisco Systems Inc. earnings at a glance:

-Earnings (Q1): $3.48 Bln. vs. $3.21 Bln. last year.
-EPS (Q1): $0.82 vs. $0.76 last year.
-Analysts Estimate: $0.80
-Revenue (Q1): $12.90 Bln vs. $11.93 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.80 – $0.82
Full year EPS guidance: $3.38 – $3.45

NVIDIA Corporation Q3 adjusted earnings Beat Estimates

NVIDIA Corporation (NVDA) announced earnings for its third quarter that rose from last year.

The company’s profit came in at $2.46 billion, or $0.97 per share. This compares with $1.34 billion, or $0.53 per share, in last year’s third quarter.

Excluding items, NVIDIA Corporation reported adjusted earnings of $2.97 billion or $1.17 per share for the period.

Analysts had expected the company to earn $1.11 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 50.1% to $7.10 billion from $4.73 billion last year.

NVIDIA Corporation earnings at a glance:

-Earnings (Q3): $2.97 Bln. vs. $1.83 Bln. last year.
-EPS (Q3): $1.17 vs. $0.73 last year.
-Analysts Estimate: $1.11
-Revenue (Q3): $7.10 Bln vs. $4.73 Bln last year.

-Guidance:
Next quarter revenue guidance: $7.40 Bln