Value investing has gained momentum over the past week, driven by growing optimism regarding rate cuts and weakness in the tech sector. iShares Russell 1000 Value ETF IWD, which targets the value segment,...
According to FinChat data, the company reported a net loss of $0.79 per share on an adjusted basis for the fourth quarter, while analysts, on average, expected it to post a loss of $0.97 per share.
The company lowered its full-year sales guidance for non-GAAP EPS outlook.
Wall Street analysts are expecting earnings per share of $0.40 on estimated revenues of $2.01 billion