Pixelworks Inc. Q3 Loss Inline With Estimates

Pixelworks Inc. (PXLW) revealed Loss for third quarter that missed the Street estimates.

The company’s earnings totaled -$4.50 million, or -$0.08 per share. This compares with -$4.07 million, or -$0.08 per share, in last year’s third quarter.

Excluding items, Pixelworks Inc. reported adjusted earnings of -$3.20 million or -$0.06 per share for the period.

Analysts on average had expected the company to earn -$0.06 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 15.5% to $17.55 million from $15.20 million last year.

Pixelworks Inc. earnings at a glance (GAAP) :

-Earnings (Q3): -$4.50 Mln. vs. -$4.07 Mln. last year.
-EPS (Q3): -$0.08 vs. -$0.08 last year.
-Analyst Estimates: -$0.06
-Revenue (Q3): $17.55 Mln vs. $15.20 Mln last year.

Cabot Corp Q4 Profit Increases, beats estimates

Cabot Corp (CBT) released a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company’s bottom line totaled $94 million, or $1.64 per share. This compares with $29 million, or $0.50 per share, in last year’s fourth quarter.

Excluding items, Cabot Corp reported adjusted earnings of $1.55 per share for the period.

Analysts on average had expected the company to earn $1.45 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 22.8% to $1.11 billion from $904 million last year.

Cabot Corp earnings at a glance (GAAP) :

-Earnings (Q4): $94 Mln. vs. $29 Mln. last year.
-EPS (Q4): $1.64 vs. $0.50 last year.
-Analyst Estimate: $1.45
-Revenue (Q4): $1.11 Bln vs. $904 Mln last year.

Pacific Biosciences of California, Inc. Q3 Earnings Summary

Below are the earnings highlights for Pacific Biosciences of California, Inc. (PACB):

Earnings: -$76.97 million in Q3 vs. $16.54 million in the same period last year.
EPS: -$0.34 in Q3 vs. $0.08 in the same period last year.
Excluding items, Pacific Biosciences of California, Inc. reported adjusted earnings of -$72.46 million or -$0.32 per share for the period.

Analysts projected -$0.33 per share
Revenue: $32.31 million in Q3 vs. $34.89 million in the same period last year.

Unisys Corp. Q3 Earnings Summary

Below are the earnings highlights for Unisys Corp. (UIS):

Earnings: -$40.1 million in Q3 vs. -$18.7 million in the same period last year.
EPS: -$0.59 in Q3 vs. -$0.28 in the same period last year.
Excluding items, Unisys Corp. reported adjusted earnings of $3.1 million or $0.05 per share for the period.

Analysts projected -$0.12 per share
Revenue: $461.2 million in Q3 vs. $488.0 million in the same period last year.

Ashland Global Holdings Inc. Q4 Profit Increases, beats estimates

Ashland Global Holdings Inc. (ASH) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company’s bottom line came in at $57 million, or $1.04 per share. This compares with $43 million, or $0.72 per share, in last year’s fourth quarter.

Excluding items, Ashland Global Holdings Inc. reported adjusted earnings of $80 million or $1.46 per share for the period.

Analysts on average had expected the company to earn $1.41 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 6.8% to $631 million from $591 million last year.

Ashland Global Holdings Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $57 Mln. vs. $43 Mln. last year.
-EPS (Q4): $1.04 vs. $0.72 last year.
-Analyst Estimate: $1.41
-Revenue (Q4): $631 Mln vs. $591 Mln last year.

Alliant Energy Corp Q3 Profit Decreases, misses estimates

Alliant Energy Corp (LNT) announced a profit for third quarter that decreased from the same period last year and missed the Street estimates.

The company’s earnings totaled $227 million, or $0.90 per share. This compares with $256 million, or $1.02 per share, in last year’s third quarter.

Excluding items, Alliant Energy Corp reported adjusted earnings of $235 million or $0.93 per share for the period.

Analysts on average had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 11.8% to $1.14 billion from $1.02 billion last year.

Alliant Energy Corp earnings at a glance (GAAP) :

-Earnings (Q3): $227 Mln. vs. $256 Mln. last year.
-EPS (Q3): $0.90 vs. $1.02 last year.
-Analyst Estimates: $1.01
-Revenue (Q3): $1.14 Bln vs. $1.02 Bln last year.

-Guidance:
Full year EPS guidance: $2.76 – $2.83

Diamond Offshore Drilling Posts Q3 Profit Of $5.51 Mln

Diamond Offshore Drilling Inc. (DO) reported net income of $5.51 million or $0.05 per share in the third quarter of 2022, while it posted a net loss of $21.93 million or $0.22 per share in the second-quarter of 2022. The latest quarter result included a $23 million non-cash tax benefit.

Contract drilling revenue for the third quarter totaled $190 million compared to $177 million in the second quarter of 2022. The increase in revenue was primarily driven by the Ocean BlackHawk beginning work in Senegal during the quarter, the Ocean Apex and Ocean Patriot both benefitting from a full quarter of utilization, and the Ocean Patriot operating under terms of a contract extension with a favorable dayrate increase.

Total revenues for the third quarter were $226.07 million compared to $205.70 million in the prior quarter.

Diamond Offshore also said it received notification of award of a new drilling program with Petrobras in Brazil for the Ocean Courage. The Ocean Courage was awarded a four-year project with an unpriced option for an additional four years. The total estimated value of the firm term of the award is approximately $429 million, including a mobilization fee and the provision of certain additional services. The new contract is expected to be signed imminently and commence late in the fourth quarter of 2023.