Planet Fitness Increases FY Outlook Amid Strong Q3 Sales

Planet Fitness Increases FY Outlook Amid Strong Q3 Sales

By Karen Roman Planet Fitness, Inc. (NYSE:PLNT) said revenue grew 5.3% to $292.2 million in the third quarter and adjusted EBITDA increased 10% to $123.1 million. Net income was $42 million or $0.50 per share, compared to $39.1 million or...

Solo Brands Reaffirms FY 2024 Guidance

Solo Brands Reaffirms FY 2024 Guidance

By Karen Roman Solo Brands, Inc. (NYSE: DTC) said it is maintaining its full year outlook with total revenue between $470 million to $490 million and an adjusted EBITDA margin from 9% to 10%. Net sales were $94.1 million decreasing...

Portillo’s EPS Beat Analysts’ Estimates in Q3

Portillo’s EPS Beat Analysts’ Estimates in Q3

By Karen Roman Chicago-style chain Portillo’s Inc. (Nasdaq: PTLO) said total revenue rose 6.9% to $178.3 million for the third quarter, while net income increased $2.2 million to $8.8 million. Earnings per share were $0.11, increasing 83.33% from the prior-year...

Shake Shack Shares Soar After Solid Q3 Sales Growth

Shake Shack Shares Soar After Solid Q3 Sales Growth

By Karen Roman Shake Shack Inc. (NYSE: SHAK) shares rose 7.79% at the closing after the company declared revenue grew 14.7% for the third quarter and same-store sales increased 4.4%, beating analysts’ expectations. This is the 15th consecutive quarter of...

DecisionRx Appoints Michael Tilton as Chief Growth Officer

DecisionRx Appoints Michael Tilton as Chief Growth Officer

By Karen Roman DecisionRx said it appointed Michael Tilton as Chief Growth Officer to lead the expansion of the company’s Medication Therapy Optimization platform. Tilton’s previous roles include senior vice president at Humana, as well as other senior leadership positions...

AI in Cyber Defense Strategies: Optiv CEO Kevin Lynch at Nasdaq

AI in Cyber Defense Strategies: Optiv CEO Kevin Lynch at Nasdaq

Tech Edge hosted a fireside chat on Oct. 23 at Nasdaq MarketSite with Kevin Lynch, Chief Executive Officer at Optiv. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed how AI is reshaping the landscape of election security, cyber...

Aktis Oncology’s AKY-1189 Shows Potential in Targeting Cancers

Aktis Oncology’s AKY-1189 Shows Potential in Targeting Cancers

By Daniella Parra Aktis Oncology said AKY-1189 is showing promise to treat cancers such as metastatic urothelial carcinoma, breast, lung, colorectal and cervical cancers. The company said data from an oral plenary and two posters highlighted significant tumor uptake and...

Aquimo Names CTO, CRO in C-Suite Revamp

Aquimo Names CTO, CRO in C-Suite Revamp

By Karen Roman Mobile-gaming company Aquimo Inc. promoted Shachi Singh to chief technology officer, while Andrea Bailey joined the company as chief revenue officer. Aquimo has been expanding partnerships with major league teams in the NFL, NBA and NHL, among...

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