Broadcom stock slip on revenue miss

Broadcom stock slip on revenue miss

Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on Sept. 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom reported weaker-than-expected revenue in its fiscal second-quarter earnings report. The stock slid in extended trading. Here’s how the chipmaker did versus LSEG consensus estimates: Earnings per share: $2.44, adjusted, versus…

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ACADIA Q1 2026 slides: revenue rises 11% despite earnings miss

ACADIA Q1 2026 slides: revenue rises 11% despite earnings miss

Introduction & Market Context ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) presented its first quarter 2026 financial results on May 6, 2026, revealing a complex picture of commercial momentum offset by near-term profitability challenges. While the company delivered 11% year-over-year revenue growth to $268.1 million, earnings per share of $0.02 fell significantly short of the $0.05 analyst forecast,…

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Nigeria: Lagos Hits N807bn Revenue in Early 2026, Surpasses Nigeria's Subnational Peers

Nigeria: Lagos Hits N807bn Revenue in Early 2026, Surpasses Nigeria's Subnational Peers

The state’s strong tax haul, driven largely by personal income taxes, pushed it close to one-fifth of its ambitious 2026 budget within three months. Babajide Sanwo-Olu’s administration generated N807.1 billion in revenue in the first quarter of 2026, reaching 18.2 per cent of the state’s N4.44 trillion budget, official figures show. The performance, underpinned by…

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Earnings call transcript: Amerant Bancorp Q1 2026 shows EPS rise, revenue miss

Earnings call transcript: Amerant Bancorp Q1 2026 shows EPS rise, revenue miss

Amerant Bancorp Inc. (AMTB) reported its first-quarter 2026 earnings, revealing a significant improvement in earnings per share (EPS) but falling short on revenue expectations. The company posted an EPS of $0.44, aligning with analyst forecasts, but reported revenue of $97.66 million, missing the anticipated $100.75 million. Following the earnings release, Amerant’s stock declined by 3.47%…

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