AutoNation expects hit to Q2 profit from CDK outage-February 2024-www.financetom.com

AutoNation expects hit to Q2 profit from CDK outage

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

AutoNation expects hit to Q2 profit from CDK outage

Jul 15, 2024 3:52 AM

July 15 (Reuters) - U.S. auto retailer AutoNation ( AN ) said

on Monday it expects a $1.50 per share hit to its second-quarter

profit due to the disruption caused by the CDK outage, which had

hit dealers across the country.

(Reporting by Nathan Gomes in Bengaluru; Editing by Shinjini

Ganguli)

Previous page： What's Going On With AEye Stock After Earnings? Next page： Vanda Pharmaceuticals Says Second Phase 3 Study of Tradipitant in Motion Sickness Yields 'Positive' Results

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

What's Going On With AEye Stock After Earnings?

May 15, 2024

AEye, Inc. ( LIDR ) shares are trading higher Wednesday. The company posted its first-quarter financial results Tuesday after the market close. The Details: AEye ( LIDR ) reported quarterly losses of $1.13 per share which beat the analyst consensus estimate of losses of $1.40 by 19.29%. Quarterly revenue came in at $20,000, missing the analyst consensus estimate of $100,000...

Vanda Pharmaceuticals Says Second Phase 3 Study of Tradipitant in Motion Sickness Yields 'Positive' Results

May 15, 2024

01:04 PM EDT, 05/15/2024 (MT Newswires) -- Vanda Pharmaceuticals ( VNDA ) said Wednesday that its second phase 3 study of tradipitant in motion sickness yielded positive results. The results of the study, conducted in real-world conditions on boats in US coastal waters, confirmed the previously reported results of two efficacy studies showing the effectiveness of tradipitant in preventing vomiting...

KKR remedies on Telecom Italia deal expected next week, source says

May 15, 2024

ROME, May 15 (Reuters) - U.S. investment firm KKR will likely offer remedies next week in an attempt to secure EU antitrust approval to buy Telecom Italia's (TIM) fixed-line access network, a person familiar with the matter said on Wednesday. KKR wants to acquire TIM's domestic network for up to 22 billion euros ($23.87 billion), making the Italian telecoms group...

BeWhere Holdings' First-Quarter Profit, Revenue Climbs

May 15, 2024

01:02 PM EDT, 05/15/2024 (MT Newswires) -- BeWhere Holdings ( BEWFF ) on Wednesday reported a first-quarter profit of $210,383, or $0.00 per share, up from $141,574, or $0.00, a year earlier. Revenue for the quarter ended March 31 was $3.5 million, up 31% from $2.7 million a year earlier. Adjusted EBITDA for Q1 was $357,706 versus $331,777 a year...