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India Morning Newsletter, May 28

May 27, 2024 8:30 PM

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Microchip Technology Fiscal Q1 Non-GAAP Earnings, Sales Decrease; Fiscal Q2 Outlook Set -- Shares Down After Hours

Aug 1, 2024

04:46 PM EDT, 08/01/2024 (MT Newswires) -- Microchip Technology ( MCHP ) reported fiscal Q1 non-GAAP earnings late Thursday of $0.53 per diluted share, down from $1.64 a year earlier. Analysts polled by Capital IQ expected $0.52. Net sales for the quarter ended June 30 were $1.24 billion, down from $2.29 billion a year earlier. Analysts surveyed by Capital IQ...

Hologic Insider Sold Shares Worth $3,597,924, According to a Recent SEC Filing

Aug 1, 2024

04:45 PM EDT, 08/01/2024 (MT Newswires) -- Stephen P Macmillan, Director, Chairman, President and CEO, on July 30, 2024, sold 44,039 shares in Hologic ( HOLX ) for $3,597,924. Following the Form 4 filing with the SEC, Macmillan has control over a total of 2,304,391 shares of the company, with 1,157,562 shares held directly and 1,146,829 controlled indirectly. SEC Filing:...

Pentair Insider Sold Shares Worth $355,590, According to a Recent SEC Filing

Aug 1, 2024

04:45 PM EDT, 08/01/2024 (MT Newswires) -- David A Jones, Director, on July 30, 2024, sold 4,008 shares in Pentair ( PNR ) for $355,590. Following the Form 4 filing with the SEC, Jones has control over a total of 27,286 shares of the company, with 27,286 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/77360/000089706924001602/xslF345X03/form4.xml ...

DoorDash Q2 Earnings: Revenue Beat, EPS Miss, Total Orders Up 19%, Results Reflect 'Years Of Investment And Product-Level Focus'

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DoorDash Inc ( DASH ) reported financial results for the second quarter Thursday after the bell. Here’s a look at the key highlights from the quarter. Q2 Earnings: DoorDash ( DASH ) reported second-quarter revenue of $2.63 billion, beating the consensus estimate of $2.54 billion, according to Benzinga Pro. The company reported a quarterly loss of 38 cents per share, missing analyst estimates...