Low-cost carrier Ryanair on Monday reported its best-ever annual profit, as passenger and revenue growth offset sharply higher operating costs. The Dublin-based firm said full-year profit after tax jumped 34% to 1.92 billion euros ($2.09 billion), and announced a 700-million-euro share buyback program. Revenue rose 25% year-on-year to 13.44...
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Cisco reported earnings and revenue for the fiscal third quarter that topped Wall Street's estimates, even with sales dropping from a year earlier. The stock rose as much as 8% in extended trading. Here's how the company did in comparison with LSEG consensus: Earnings per share: 88 cents adjusted vs....
Emirates airline chalks record annual profit as travel demand booms
DUBAI, United Arab Emirates — Dubai-based carrier Emirates airline on Monday reported record annual profit of 17.2 billion dirhams ($4.7 billion) for the 2023-2024 financial year, up 63% from the year prior. The flag carrying airline of the UAE's glitzy commercial capital has enjoyed a consistently recovering travel sector, expanding...
Sweetgreen shares soar 34% after company beats revenue expectations
People dine outside a Sweetgreen in Manhattan. Jeenah Moon | The Washington Post | Getty Images Sweetgreen shares surged nearly 34% on Friday after the company topped Wall Street's revenue expectations for the fiscal first quarter and raised its full-year forecast. The salad chain also announced earlier this week...