Novavax posts first profitable quarter as Covid vaccine rolls out around the world
Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same period last year.
Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same period last year.
AMC Entertainment posted a narrower-than-expected loss during the first quarter.
Coinbase earnings missed analyst estimates and shares fell as much as 19% in extended trading.
Roblox soared in popularity during the pandemic, but the hype has since cooled.
Peloton reported a wider-than-expected quarterly loss and a steep decline in sales, as inventory piled up in warehouses and ate away at the company's cash.
Shares of Upstart plummeted Tuesday after the consumer lending platform cut its full-year revenue outlook.
SoFi blamed the early release of its results on human error, according to CNBC's Kate Rooney.
Under Armour reported an unexpected loss and sales below estimates as the company grappled with global supply chain challenges and Covid lockdowns in China.
DoorDash reported a significantly slower rate of revenue growth than it did in the same quarter in 2021, when net sales nearly tripled.