May 1 (Reuters) - Etsy ( ETSY ) missed Wall Street expectations for first-quarter gross merchandise sales (GMS) and profit on Wednesday, hurt by lower demand for its handcrafted goods and personalized gifts at its online marketplace. WHY IS IT IMPORTANT? Despite Etsy ( ETSY ) ramping up spending over the past quarters on promotions and advertising, it struggled to...

04:35 PM EDT, 05/01/2024 (MT Newswires) -- VICI Properties ( VICI ) reported Q1 adjusted funds from operations Wednesday of $0.56 per diluted share, up from $0.53 a year earlier. Analysts polled by Capital IQ expected $0.56. Revenue for the quarter that ended March 31 was $951.5 million, up from $877.6 million a year earlier. Analysts surveyed by Capital IQ...

04:35 PM EDT, 05/01/2024 (MT Newswires) -- Gear Energy ( GENGF ) reported higher net income for its Q1, on higher funds from operations. The Western Canadian oil and gas producer posted net income of C$2.6 million, or C$0.01 per share, was higher than the C$2 million, or C$0.01 per share, for the prior year quarter. Funds from operations were...

May 1 (Reuters) - Emergent BioSolutions ( EBS ) said on Wednesday that it would cut about 300 jobs across all areas of the company and shut down several manufacturing facilities as part of a restructuring plan. Emergent has been seeking to cut costs and pivot away from its contract manufacturing business due to sluggish demand. It cut its workforce...