Past Meat, Barnes & Noble, DocuSign, Guess & extra

Try the businesses making headlines earlier than the bell:

Past Meat – Past Meat reported an adjusted lack of 14 cents per share in its first report as a public firm, smaller than the 15 cents a share loss that Wall Avenue had been anticipating. The plant-based burger maker noticed income are available in above estimates, and the corporate mentioned it anticipated its gross sales to greater than double this 12 months.

Norwegian Cruise Line – Norwegian lower its full-year earnings per share outlook by 35 to 45 cents on an adjusted foundation, as a result of affect of latest restrictions on cruise traces concerning journey to Cuba.

Barnes & Noble – The bookstore chain agreed to be acquired by funds suggested by Elliott Advisers for $6.50 per share in money. It had been reported Thursday {that a} deal was shut.

DocuSign – DocuSign earned an adjusted 7 cents per share for its fiscal first quarter, 2 cents a share greater than analysts had anticipated. The digital signature expertise supplier’s income got here in above estimates, however traders seem involved a couple of slowdown within the fee of progress in billings.

Zoom Video – Zoom earned an adjusted three cents per share for its first quarter, 2 cents a share above estimates. The video communications expertise firm’s income additionally beat forecasts and Zoom gave better-than-expected current-quarter income steering.

Guess – Guess misplaced 25 cents per share for its first quarter, 1 cent a share greater than Wall Avenue had been anticipating. The attire maker’s income matched road forecasts, however Guess gave a full-year earnings forecast above present consensus.

Caesars Leisure – The on line casino operator is close to a deal to mix with rival on line casino operator Eldorado Resorts, in response to folks aware of the matter who spoke to The Wall Avenue Journal.

Sanofi – Sanofi employed Novartis government Paul Hudson as its new chief government officer. He’ll exchange the drugmaker’s present CEO Olivier Brandcourt, who plans to retire in September.

AT&T – AT&T is mulling a plan to bundle its HBO and Cinemax film channels and its Warner Brothers TV and film library into a brand new streaming service, in response to The Wall Avenue Journal. The service would price between $16 and $17 monthly.

IBM – IBM is planning to put off about 1,700 employees, in response to an individual aware of the matter who spoke to CNBC. An IBM spokesperson informed CNBC that the tech big is continuous to “reposition our team to align with our focus on high-value segments of the IT market.”

Zumiez – Zumiez reported first-quarter revenue of three cents per share, in comparison with Wall Avenue forecasts of a 9 cents per share loss. The motion sports activities attire maker additionally reported better-than-expected income for the quarter, with specific power within the ultimate two months of the quarter.

Garmin – The GPS machine maker was upgraded to “neutral” from “underweight” at J.P. Morgan Securities, which mentioned the inventory’s threat/reward profile is now extra balanced following a 12% decline from its multiyear excessive in early April.

More Stories
Past Meat, Barnes & Noble, DocuSign, Guess & extra 41
Sofia Richie’s Bikini Photos For New Frankies Campaign — See Pics – Hollywood Life