US Stock Reports, Quotes and News
Ramelius Resources (RMS.AX) has reported a record quarterly gold production, resulting in an upgraded full-year production guidance and a reduction in cost guidance. The company announced during its earnings call that it achieved a gold production of 86,928 ounces for the quarter, with an all-in sustaining cost of $1,344 per ounce.
SAP SE (ETR:SAPG) (SAP) reported a robust start to 2024, with its first-quarter earnings showcasing a significant surge in cloud revenue and backlog, alongside a healthy increase in operating profit. The company's cloud revenue climbed by 25% to EUR 3.9 billion, while the current cloud backlog expanded by 28% to a record EUR 14.2 billion. Operating profit rose by 19% to EUR 1.5 billion, reflecting strong performance across various regions and a strategic focus on cloud and AI-driven growth.
MILWAUKEE – Badger Meter, Inc. (NYSE: NYSE:BMI) announced a robust start to the year with record-breaking financial results for the first quarter ended March 31, 2024. The company reported a significant 23% increase in sales, reaching $196.3 million, compared to $159.1 million in the same quarter last year. This performance surpassed the analyst consensus estimate of $182.25 million.
(Reuters) – Hollywood performers and media professionals have reached a tentative deal with major record labels such as Warner Music Group and Sony (NYSE:SONY) Music Entertainment that includes increases in minimum salaries and protections against the use of AI.