Newz(ICUI) on Thursday reported second-quarter profit of $19.1 million. On a per-share basis, the San Clemente, California-based company said it had profit of 76 cents. Earnings, adjusted for one-time gains and costs, came to $2.37 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.91 per share. The medical device maker posted revenue of $551.7 million in the period.
Its adjusted revenue was $547.9 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $535.4 million. ICU Medical expects full-year earnings in the range of $8.60 to $9 per share.
_____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICUI at https://www.zacks.com/ap/ICUI Source SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Lyft Inc.
(LYFT) on Thursday reported second-quarter net income of $50.3 million. On a per-share basis, the San Francisco-based company said it had net income of 13 cents. Earnings, adjusted for stock option expense, came to 29 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. The ride-hailing company posted revenue of $1.84 billion in the period, surpassing Street forecasts.
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