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Dick’s Sporting Goods stock dropped 30% after missing earnings expectations and lowering guidance, citing challenges in the athletic footwear market and weakness at its Foot Locker subsidiary.
Nvidia’s stock surged nearly 9% Thursday following strong earnings guidance, adding roughly $440 billion to its market capitalization amid continued robust artificial intelligence demand.
CorMedix reported second quarter revenue of $101.9 million and net income of $26 million, more than double the prior year, though management left full year revenue guidance unchanged despite raising EBITDA outlook.
Claritev reported second-quarter revenue of $257.5 million, beating targets and raising full-year guidance, but ended the period with only $14.4 million in unrestricted cash despite generating strong free cash flow.
Consensus Cloud Solutions reported second-quarter revenue growth of 4.1% to $91.4 million and net income up 31.7%, while doubling its stock buyback authorization to $200 million, though adjusted profitability remained largely flat.
Enviri reported a $297 million quarterly loss driven by one-time charges, but underlying operations showed improvement with adjusted EBITDA rising and margins expanding.
