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Elastic: Fiscal Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 12:22:41 GMT

MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Elastic NV (ESTC) on Thursday reported a loss of $48.5 million in its fiscal first quarter.On a per-share basis, the Mountain View, California-based company said it had a loss of 50 cents. Earnings, adjusted for stock option expense and pretax expenses, were 25 cents per share.The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.The software developer posted revenue of $293.8 million in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $284.6 million.For the current quarter ending in October, Elastic expects its per-share earnings to range from 23 cents to 25 cents.The company said it expects revenue in the range of $303 million to $305 million for the fiscal second quarter.Elastic expects full-year earnings in the range of $1.01 to $1.11 per share, with revenue ranging from $1.24 billi...

PagerDuty: Fiscal Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 12:22:41 GMT

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — PagerDuty Inc. (PD) on Thursday reported a loss of $23.8 million in its fiscal second quarter.The San Francisco-based company said it had a loss of 26 cents per share. Earnings, adjusted for one-time gains and costs, were 19 cents per share.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.The software developer posted revenue of $107.6 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $104.3 million.For the current quarter ending in October, PagerDuty expects its per-share earnings to range from 13 cents to 14 cents.The company said it expects revenue in the range of $106.5 million to $108.5 million for the fiscal third quarter.PagerDuty expects full-year earnings in the range of 60 cents to 65 cents per share, with revenue ranging from $426 million to $430 million._____This story was...

Lululemon: Fiscal Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 12:22:41 GMT

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Lululemon Athletica Inc. (LULU) on Thursday reported fiscal second-quarter net income of $341.6 million.The Vancouver, British Columbia-based company said it had net income of $2.68 per share.The results surpassed Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $2.53 per share.The athletic apparel maker posted revenue of $2.21 billion in the period, also beating Street forecasts. Thirteen analysts surveyed by Zacks expected $2.17 billion.For the current quarter ending in October, Lululemon said it expects revenue in the range of $2.17 billion to $2.19 billion. Analysts surveyed by Zacks had expected revenue of $1.73 billion.The company expects full-year earnings to be $12.02 to $12.17 per share, with revenue ranging from $9.51 billion to $9.57 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using...

A man convicted of killing his girlfriend in Pennsylvania, and sought by Brazil, escapes prison

Published Wed, 26 Feb 2025 12:22:41 GMT

WEST CHESTER, Pa. (AP) — A man convicted this month of fatally stabbing his girlfriend escaped Thursday from a suburban Philadelphia prison and prosecutors say he is also wanted in his native Brazil in a separate slaying.Danelo Cavalcante, 34, eluded guards at the Chester County Prison in West Chester before 9 a.m., and was seen nearly an hour later walking on a road near the prison, authorities said.A jury took just 15 minutes to convict Cavalcante of killing Deborah Brandao, his girlfriend of two years, in front of her children at her home in Schuylkill Township in April 2021. Prosecutors said he was angry that she planned to disclose the charges in Brazil. They stem from a 2017 slaying according to Chester County District Attorney Deb Ryan.Cavalcante was sentenced to life in prison Aug. 22 and was awaiting a transfer to state prison in Pennsylvania.Authorities described him as 5 feet (1.5 meters) tall and 120 pounds (54 kilograms). He has curly black hair and a closely-cropped be...

Dell Technologies: Fiscal Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 12:22:41 GMT

ROUND ROCK, Texas (AP) — ROUND ROCK, Texas (AP) — Dell Technologies Inc. (DELL) on Thursday reported fiscal second-quarter profit of $462 million.The Round Rock, Texas-based company said it had net income of 63 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were $1.74 per share.The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.The computer and technology services provider posted revenue of $22.93 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $20.78 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DELL at https://www.zacks.com/ap/DELLSource

Happy Harvick: NASCAR driver ready for final playoff run

Published Wed, 26 Feb 2025 12:22:41 GMT

CHARLOTTE, N.C. (AP) — Kevin Harvick’s got little time for nostalgia, even as his stellar career winds down with his final NASCAR playoffs.“I mean, I don’t really go through it like that,” the 2014 Cup Series champion said Thursday. “I think for me, it’s all a last, right?”Harvick, 47, has 10 events left before retiring to the TV broadcast booth where he’ll be an analyst for Fox.Harvick didn’t get weepy about his final drive around Daytona last week or any of the venues he has seen for a final time as a driver.Harvick was a young racer with a bit of an edge when he first raced the Cup Series as the late Dale Earnhardt’s replacement at Richard Childress Racing in 2001. Harvick won in Atlanta just three weeks after Earnhardt’s fatal accident.Back then, Harvick didn’t much care whether anyone on or off the track liked or admired him. He only wanted to win. “I wanted them to think about me all the time when I was in front of them, when I w...

Food ads are in the crosshairs as Burger King, others face lawsuits for false advertising

Published Wed, 26 Feb 2025 12:22:41 GMT

Food ads have long made their subjects look bigger, juicier and crispier than they are in real life. But some consumers say those mouthwatering ads can cross the line into deception, and that’s leading to a growing number of lawsuits.Burger King is the latest company in the crosshairs. In August, a federal judge in Florida refused to dismiss a class action lawsuit that claims Burger King’s ads overstate the amount of meat in its Whopper burger and other sandwiches.But Burger King is far from the only one. Perkins Coie, a law firm that tracks class action suits, said 214 were filed against food and beverage companies in 2022 and 101 were filed in the first six months of this year. That’s a huge increase from 2010, when just 45 were filed.Pooja Nair, who represents food and beverage companies as a partner with the Beverly Hills, California-based law firm Ervin Cohen and Jessup, said waves of class action lawsuits started hitting federal courts a few years ago.Some of the first were fa...

Glider aircraft crashes in Larimer County

Published Wed, 26 Feb 2025 12:22:41 GMT

DENVER (KDVR) -- A glider has crashed in Larimer County and now investigators are working to find out what happened.The crash happened north of Wellington but south of the Red Mountain Open Space. Get the FOX31 App: Breaking news alerts & Pinpoint Weather SkyFOX is flying over the scene. This is a developing story. Check back with FOX31 for more details.

Denver school board VP shares details of seclusion room investigation

Published Wed, 26 Feb 2025 12:22:41 GMT

DENVER (KDVR) -- A week after voting to uphold the firing of McAuliffe International School Principal Kurt Dennis, Denver Public Schools Board of Education Vice President Auon'tai Anderson shared some of the findings of the district's investigation.According to Anderson, the district learned that there were two rooms used for seclusion at McAuliffe, up from the initial whistleblower report of one. Fired McAuliffe principal looks forward to day in court, attorney says Anderson said that while the board could not find direct evidence of racial bias, all of the students they talked to who were in the rooms were children of color.The investigation also found that there were items in these rooms that could have been used by the students in them to harm themselves or others, Anderson said. Additionally, there was said to be damage in the rooms that made them unsafe.Dennis, the principal whose firing led to this investigation, has hired an attorney and is planning to sue the district for...

Zero-fare RTD ending, but teens and kids still ride free

Published Wed, 26 Feb 2025 12:22:41 GMT

DENVER (KDVR) — Beginning in September, Coloradans aged 19 and younger can ride RTD transit for free for a year.Zero Fare for Youth is a one-year pilot program aiming to welcome the next generation of transit users at no cost. The program will run from Sept. 1 through Aug. 21, 2024. Polis calls IRS proposal on taxing TABOR refunds ‘absurd’ The program hopes to remove barriers to education and employment for youth in Colorado.Anyone 19 or younger can ride the bus and train at no cost. All you need is a valid ID. The rider must show the bus operator their current school ID, valid government-issued ID, alien registration/permanent resident card, military ID/dependent card with date of birth, or RTD-issued youth special discount card and they are off to their next destination. According to RTD, a household can save nearly $10,000 by taking public transportation and living with one less car. It also offers flexibility for parents who can't take their students to school.Could free RTD h...