SoFi Technologies Inc ( SOFI ) shares initially rose Tuesday on the heels of the company’s third-quarter financial results but have since reversed. Here’s a look at the key metrics from the quarter. Q3 Earnings: SoFi reported third-quarter adjusted sales of $689.445 million, beating analyst estimates of $632.328 million, according to Benzinga Pro. The company reported third-quarter earnings of 5...

09:27 AM EDT, 10/29/2024 (MT Newswires) -- Rayonier Advanced Materials ( RYAM ) said Tuesday it has obtained a secured term loan financing of $700 million from funds managed by Oaktree Capital Management, including certain affiliates and managed funds of Silver Point Capital and Blue Torch Capital. The company intends to use the proceeds, along with cash from its balance...

Crocs, Inc. ( CROX ) shares are trading lower after the company reported third-quarter financial results and lowered its revenue guidance related to the HEYDUDE Brand. The company reported adjusted earnings per share of $3.60 (+11%), beating the street view of $3.10. Quarterly revenues of $1.062 billion (+2%) beat the analyst consensus of $1.05 billion. Crocs Brand revenues increased 7.4%...

Innovative Eyewear Inc ( LUCY ) shares are trading higher Tuesday after the company announced the launch of Lucyd Armor. What Happened: Innovative Eyewear ( LUCY ) launched its new lightweight, affordable smart safety eyewear, which meets the ANSI Z87.1 standard for workplace safety use: Lucyd Armor. The ANSI Z87.1 standard requires safety glasses to pass impact resistance and protection...