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- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
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Kratos Defense (KTOS) Secures $11.5M Contract to Build Advanced Space Radio Monitoring System to Assure Satellite Spectrum
February 27, 2020 9:02 AM ESTKratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) announced today that it was awarded an $11.5 million contract to build an advanced space radio monitoring system for a government customer. The system will incorporate Kratos technologies and integrated products to help the country regulate and protect the satellite spectrum.
As part of the multi-million dollar project, Kratos is responsible for the turnkey design, installation and... More
Perrigo (PRGO) Misses Q4 EPS by 1c; Offers FY20 EPS Guidance Below Consensus
February 27, 2020 6:36 AM ESTPerrigo (NYSE: PRGO) reported Q4 EPS of $1.06, $0.01 worse than the analyst estimate of $1.07. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.31 billion.
Key Fourth Quarter Financial Highlights
GAAP ("reported") consolidated fourth quarter net sales were $1.3 billion, an increase of 10.7% compared to the prior year quarter. Adjusted net sales(1) increased 13.4% compared to the prior year quarter, excluding currency(2).Worldwide Consumer fourth quarter reported net sales increased 12.7% compared to the prior year quarter. Worldwide Consumer adjusted net sales increased 16.4% versus the fourth quarter of 2018, excluding currency.Consumer... MoreKratos Defense (KTOS) Secures Contract from Northrop Grumman (NOC) to Support U.S. Air Force Ground Based Strategic Deterrent Program
February 26, 2020 8:14 AM ESTKratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that its Command, Control, Communications, Computing, Combat & Intelligence, Surveillance and Reconnaissance (C5ISR) Division has been... More
Moderna (MRNA) Tops Q4 EPS by 5c
February 26, 2020 7:16 AM ESTModerna (NASDAQ: MRNA) reported Q4 EPS of ($0.37), $0.05 better than the analyst estimate of ($0.42). Revenue for the quarter came in at $14.06 million versus the consensus estimate of $17.37 million.
The Moderna team continues to execute our strategy, including our CMV Phase 2 study enrolling ahead of plan,... More
Endo International (ENDP) Tops Q4 EPS by 17c, Revenues Beat; Provides FY20 EPS/Revenue Outlook
February 26, 2020 6:06 AM ESTEndo International (NASDAQ: ENDP) reported Q4 EPS of $0.74, $0.17 better than the analyst estimate of $0.57. Revenue for the quarter came in at $764.8 million versus the consensus estimate of $731.43 million.
Total revenues during the fourth quarter of 2019 were $765 million, a decrease of 3% compared to fourth-quarter 2018 revenues of $786 million.Revenues of the Specialty Products portfolio of Branded Pharmaceuticals segment increased 15% in the fourth quarter of 2019 to $149 million compared to fourth-quarter 2018 revenues of $130 million.Revenues of the Sterile Injectables segment increased 10% in the fourth quarter of 2019 to $285 million compared to fourth-quarter 2018 revenues of $259... More
