Tag Archives: revenue

Peloton doubles quarterly revenue in first earnings report since IPO, shares rise

Peloton CEO John Foley, center, celebrates his company’s IPO at the Nasdaq MarketSite, Thursday, Sept. 26, 2019 in New York. Mark Lennihan | AP Peloton Interactive‘s shares jumped Tuesday after releasing its first earnings report since going public, showing that the fitness company more than doubled its revenue over the last year. In the first… Read More »

Tenet to spin off revenue cycle subsidiary as separate company

Tenet Healthcare will pursue a tax-free spinoff of its Conifer Health Solutions business as a separate and independent publicly traded company. Conifer provides managed solutions to health systems to help them manage populations, enhance consumer engagement, manage risk and improve financial performance. “This decision supports our longstanding objectives to maximize the value of Conifer, build… Read More »

IQOS boosts Philip Morris International’s quarterly profit, revenue. Stock jumps

Philip Morris International beat second-quarter earnings and revenue estimates and hiked its full-year forecast Thursday as its new tobacco products gained momentum, sending shares of the company up more than 7%. PMI sells Marlboro cigarettes and other brands around the globe. The tobacco giant is trying to pivot away from cigarettes and toward new products,… Read More »

UHS sees net income, revenue gains in Q1

Dive Brief: Universal Health Services reported net revenue increased to $ 2.8 billion in the first quarter of 2019 — a 4% boost from the year prior, according to financial documents released Thursday. Results fell short of financial analysts’ expectations, which placed net revenue at $ 2.82 billion. Net income grew to $ 234.2 million… Read More »