Versant Media’s revenue and earnings decline
Versant Media, which is a spin-off from Comcast, reports lower revenue and earnings in the third quarter compared with the same period a year earlier. Revenue fell 4.1 percent to USD 1,594 million (1,663), versus an expected USD 1,590 million according to LSEG. Earnings per share amounted to USD 0.34 (0.56). Versant Media reiterates its […]
SB1 Markets initiates coverage of Outlet Group with a Buy rating
SB1 Markets initiates coverage of the Norwegian retail group Outlet Group with a Buy rating and a price target of 46 Norwegian kronor. The research house highlights the company’s discount concept, growing market shares and expansion into toys and the Polish market. SB1 expects average annual EBIT growth of 22 percent during 2025–2029 and margin […]
EQT acquires Speedcast’s ground station business for USD 300 million (update)
(update: addition of final paragraph) Private equity firm EQT is acquiring satellite operator Speedcast’s ground station business through its portfolio company SatPort Infrastructure for approximately USD 300 million. EQT confirms the deal in a press release, while information about the price tag comes from sources familiar with the matter cited by Bloomberg News. The acquisition […]
Thomson Reuters below expectations – adjusts forecast after divestment
Information services giant Thomson Reuters reported increased revenue and higher adjusted earnings per share in the third quarter. However, both metrics came in below analysts’ expectations. The company is also updating its full-year forecast following the divestment of a majority stake in Global Print. Revenue rose 10 percent to USD 1,833 million (1,658). The outcome […]
F-Secure CEO Timo Laaksonen buys shares for nearly EUR 14,000
Cybersecurity company F-Secure’s CEO Timo Laaksonen bought 10,000 shares in the company on 3 November. The shares were bought at an average price of approximately EUR 1.37 per share, a transaction worth EUR 13,721. The transaction was carried out on the Helsinki Stock Exchange, according to a management transaction notification.
Shopify increases operating profit by 66 percent – better than expected
E-commerce platform Shopify reports revenue in line with expectations for the third quarter of 2026. Operating profit was higher than expected. Revenue rose 32 percent to USD 3,742 million (2,844). The outcome can be compared with the Bloomberg analyst consensus of USD 3,750 million. Monthly recurring revenue, MRR, increased to USD 230 million (193), versus […]
Deutsche Bank cuts price target for Alstom to 13 euros, reiterates hold
Deutsche Bank reiterates its hold rating on French train manufacturer Alstom but cuts its price target to 13 euros from 19 following the company’s earnings warning. The bank cuts its earnings per share forecasts by an average of 33 percent from fiscal year 2027/28, due to more cautious earnings assumptions and a possible 1.5 billion […]
Torm expected to report adjusted EBITDA of USD 234 million – Factset
Shipping company Torm will release its third-quarter report on Wednesday. Expected adjusted EBITDA, according to Factset’s consensus based on estimates from seven analysts, is USD 234 million. During the same period last year, the result was USD 159 million. TormReport date2026-11-04(USD million)Q3-2026, forecastNumber of estimatesPrevious yearSales3317343EBITDA, adjusted2347159Source: Factset Share price performance on reporting days for […]
Cereno Scientific’s shares halted from trading on First North
Exchange operator Nasdaq has decided to halt trading in research company Cereno Scientific’s shares on First North. The trading halt applies until further notice. The last paid price for the share before the trading halt was 1.633 kronor, with the latest trade taking place at 13.15.
Apollo swings to loss – revenue well below expectations
Asset manager Apollo Global Management reports a sharp decline in revenue and swings to a loss in the third quarter of 2026. Both revenue and adjusted earnings per share came in below analysts’ expectations. Revenue fell 52 percent to 4.74 billion dollars (9.82). The outcome was 18.1 percent below the analyst consensus from Factset of […]
