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Akamai Technologies — Shares of the cloud company fell more than 10% after issuing weak guidance for the second quarter. Akamai sees adjusted earnings ranging from $1.51 to $1.56 per share on revenue of $967 million to $986 million. Sweetgreen — The salad chain popped 5% after Sweetgreen reported first-quarter revenue of $158 million, topping the LSEG consensus estimate of $152 million. Analysts polled by FactSet called for a loss of 4 cents a share on revenue of $141.2 million. The DNA testing company posted a loss of 56 cents per share, while analysts had estimated a loss of 71 cents, per StreetAccount.
Persons: Akamai, Sweetgreen, Array's, FactSet, Bumble, StreetAccount, LSEG, Sanofi, Yelp's, Macheel, Jesse Pound, Michelle Fox Organizations: LSEG, , Gen, Revenue, Management, Unity Software, HSBC, 3M Locations: Norton
Sweetgreen — Sweetgreen popped 36% after surpassing first-quarter revenue expectations. The company also raised its full-year guidance for revenue and adjusted earnings before interest, taxes, depreciation and amortization. Array's first-quarter adjusted earnings came in at 6 cents per share on revenue of $153.4 million. Victoria's Secret — Shares rose almost 6% after the intimate apparel maker reported better-than-expected preliminary first-quarter results and reaffirmed its guidance. Mettler-Toledo posted first-quarter adjusted earnings of $8.89 per share on revenue of $925.9 million.
Persons: Sanofi, Sweetgreen, LSEG, Array's, FactSet, Natera, Insulet, JFrog, Yun Li, Michelle Fox, Brian Evans, Hakyung Kim, Darla Mercado Organizations: French, Taiwan Semiconductor Manufacturing, Unity Software, LSEG, Technologies, Akamai Technologies, Revenue, , Norton, Citi, Toledo —, Mettler Locations: Toledo
The company reported first-quarter earnings of 20 cents a share, surpassing analysts' estimates of 6 cents a share, per LSEG. Sweetgreen — The salad chain popped 5% after Sweetgreen reported first-quarter revenue of $158 million, topping the LSEG consensus estimate of $152 million. Akamai sees adjusted earnings ranging from $1.51 to $1.56 per share on revenue of $967 million to $986 million. Insulet — The medical device company fell 5% even after Insulet posted first-quarter earnings and revenue that topped expectations. Insulet posted earnings of 73 cents per share, greater than the FactSet consensus estimate of 40 cents earnings per share.
Persons: Sweetgreen, Akamai, LSEG, Array's, FactSet, Dropbox, Insulet, Darla Mercado Organizations: Revenue, Akamai Technologies, Unity Software, LSEG, Gen, Norton
AdvertisementSpace scientists from the University of Utah and the University of Tokyo have identified an exceedingly rare, ultra-high-energy cosmic ray believed to have traveled from beyond the Milky Way galaxy. Named the "Amaterasu particle" after the Japanese sun goddess, it is a subatomic entity, invisible to the naked eye. However, high-energy cosmic rays, like the Amaterasu particle, are exceptional and are thought to come from other galaxies and extragalactic sources. AdvertisementUnlike low-energy cosmic rays, whose origins are traceable, ultra-high-energy particles like this appear to come from seemingly empty spaces. The Amaterasu particle is believed to originate from the Local Void, an empty region bordering the Milky Way galaxy.
Persons: , John Matthews Organizations: Service, University of Utah, University of Tokyo, UNIVERSITY OF TOKYO Locations: Utah, West, Rhode Island
"A reopening in China also serves as a catalyst for accelerating revenue growth and upside in IRM's ITRenew business," he wrote. "We believe IRM's pricing power and expanding growth portfolio will drive attractive organic revenue growth," he added. ... Reopening in China also serves as a catalyst for accelerating revenue growth & upside in IRM's ITRenew business. ... IRM's revenue mgmt strategy is translating into healthy storage pricing trends. ... We believe IRM's pricing power and expanding growth portfolio will drive attractive organic revenue growth."
This article is part of "Marketing for Small Business," a series exploring the basics of marketing strategy for SBOs to earn new customers and grow their business. For one, when I sat down and crunched the numbers, I realized a lot of traditional marketing methods would not be the most effective way to use our budget. I also thought about my target customer, and traditional marketing didn't feel like the best way to reach her, either. Here are three twists on traditional marketing I use to connect more deeply with clients, grow our company reach — and, ultimately, build a multimillion-dollar business. We celebrate our customers instead of doing traditional event marketingEvents are a great way to show prospective customers our products in person and let them try them on for size.
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