Browsing: profit

It fell well short of analyst profitability estimates, although its revenue was essentially in line.

China’s Alibaba reports a 75% drop in profit for the latest quarter from the year before to roughly $1.6 billion as it invests heavily in AI infrastructure

Banco Santander-Chile (BSAC) filed interim consolidated results for the six months ended June 30, 2026. The independent reviewer concluded it had not become aware of any matter indicating the financial information fails to present fairly the bank’s position and results under FMC standards.

CREDITRISKMONITOR.COM, INC. (CRMZ) filed an amended quarterly report to restate prior financial statements after a nexus study found previously unrecorded state and local sales/use and income tax obligations. The restatement increases accrued expenses and tax-related liabilities and was deemed material to earlier periods.

BIOADAPTIVES, INC. (BDPT) reported a small net profit for the three and six months ended June 30, 2026, driven primarily by non‑cash derivative valuation gains rather than core operations. For the quarter, revenue was $4,988 with a gross profit of $4,240, while operating expenses of $201,416 produced an operating loss of $197,176.

Weibo Corporation (WB) provided a reconciliation of its unaudited 2026 interim results from U.S. GAAP to IFRS, supported by a limited assurance engagement from PricewaterhouseCoopers under ISAE 3000 (Revised). PwC reported that nothing came to its attention to indicate the reconciliation was not prepared in all material respects in line with the stated basis.

July 1 (Reuters) – Financial data firm FactSet reported third-quarter profit above Wall Street estimates on Wednesday, buoyed ‌by growth in subscriptions.

Add to Google Preferred Sources China’s Jihong Technology released its 2026 semi-annual report, posting first-half revenue of 3.74 billion yuan (approximately $554.0 million), up 15.53% year-on-year. Net profit attributable to shareholders reached 158 million yuan (approximately $23.4 million), up 33.52%, while non-GAAP net profit rose 30.98% to 148 million yuan (approximately $21.9 million). Basic earnings…

Sea Ltd raised the earnings forecast for its e-commerce business after quarterly sales topped estimates, a signal that robust demand from Southeast Asian consumers is helping it fend off rivals.

Peoples Financial Corporation reported modest balance sheet growth but lower profitability for the quarter and six months ended June 30, 2026. Total assets increased to $771,025,000 from $727,121,000 at December 31, 2025, driven by higher loans of $277,162,000 and a larger available-for-sale securities portfolio. Deposits rose slightly to $609,777,000, while Federal Home Loan Bank advances…