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Dick's Sporting Goods reported second-quarter revenue and adjusted earnings below estimates, then lowered its fiscal 2026 sales, margin and EPS outlooks as Foot Locker weighed on results.
Zoom said total revenue was $1.28 billion in fiscal second-quarter earnings and raised full-year guidance to $5.085 billion to $5.095 billion, while enterprise revenue rose 7.8% to $787.5 million.
Cerebras Systems (CBRS) reported a narrower-than-expected adjusted loss for Q2, missed on sales, raised its fiscal 2026 outlook and said premarket shares were down 18.63%.
MaxLinear Inc. (NASDAQ: MXL ) stock fell in premarket trading Friday despite a second-quarter earnings beat and strong third-quarter guidance. After soaring 423.47% year to date, the stock appeared priced for perfection, making it susceptible to a pullback even after positive news. Read Also: Micron’s Record Stock Rall
This week, International Business Machines Corporation (NYSE: IBM ) shares took a hit following the news surrounding its preliminary second-quarter results, which fell short of expectations. This disappointing performance was attributed to a shift in client capital spending and execution issues, marking the worst singl
FAST -1.2% premarket after Q2 results