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Starwood Property Trust reported minimal GAAP net income of $0.01 per share but showed strong distributable earnings of $0.40 per share, masking underlying operational performance amid significant capital deployment.
RadNet posted record second-quarter revenue of $622.7 million, up 25.0% year-over-year, but net income and adjusted earnings per share both declined despite raising full-year guidance.
Xpeng shares fell over 9% in Hong Kong after the Chinese EV maker issued weaker-than-expected third-quarter delivery guidance, though its robotics unit secured a $6.3 billion valuation.
Marvell Technology shares declined 6% following second-quarter results that exceeded guidance, as its raised fiscal 2028 outlook of around $18 billion failed to satisfy investor expectations.
The Andersons reported second-quarter net income of $57 million, or $1.65 per diluted share, driven primarily by record renewable fuels segment results and strong operational performance.
Central Garden & Pet raised its full-year profit outlook despite reporting an 8% decline in net sales to $882 million for the fiscal third quarter, driven by margin expansion and a pending European acquisition.
