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Kodak reports first-quarter loss   (access required)

Eastman Kodak Co. reported a first-quarter loss after markets closed Tuesday as company leaders described an extremely challenging business environment.   Kodak reported revenues of $290 million, up $25 million from revenues of $265 million during the previous year’s quarter.   The company ...

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Ultralife reports first-quarter net loss, double-digit increase in sales   (access required)

Ultralife Corp. reported a first-quarter net loss before markets opened on Thursday due, in part, to rapid input cost inflation and investments in engineering for new product development.   The company reported a net loss of $168 million, or a ...

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Inflation and supply chain disruptions impact Xerox’s first quarter results (access required)

Xerox Holdings Corp. reported on Thursday a first-quarter net operating loss due to broad-based inflationary pressure and increased logistics costs from supply chain disruptions.   The company reported a net loss of $56 million, or 38 cents a share, compared ...

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Constellation Brands reports increase in year-over-year fourth-quarter earnings  (access required)

Constellation Brands Inc. reported Thursday its fourth-quarter net income rose to $395.4 million, or $2.07 a diluted share, from $382.9 million, or $1.95 a diluted share, in the year-ago period.   Excluding items, Constellation Brands reported adjusted earnings of $451.7 million, ...

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Paychex reports double-digit earnings and revenue growth in Q3  (access required)

Paychex Inc. reported an increase in year-over-year sales and earnings for its third-quarter, as businesses shift their focus from staying afloat during the pandemic to a more employee-centric approach.   The business reported before markets opened Wednesday morning that revenues ...

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Kodak reports year-over-year sales growth (access required)

Eastman Kodak Co. ended 2021 with year-over-year revenue increases in all its business segments, the company reported after markets closed Tuesday.  Consolidated revenues for 2021 were $1.15 billion, up $121 million from revenues in 2020 of nearly $1.03 billion.  The ...

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Staffing issues affect Graham Corp.’s third quarter results (access required)

Graham Corp. posted a third-quarter net loss of $3.7 million, or 27 cents per diluted share, with the Batavia Genesee County-based manufacturer taking a hit on contract labor costs to keep up with orders.   Sales for the quarter were ...

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Ultralife reports fourth quarter loss   (access required)

Ultralife Corp. reported a fourth-quarter loss Thursday as the Newark, Wayne power solutions, communications and electronics systems provider continued to deal with global supply chain challenges.  The company posted a net loss of $1.1 million, or seven cents a diluted share, compared to ...

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Financial Institutions reports fourth quarter, per share earnings of $1.21 (access required)

Financial Institutions Inc., the parent company of Five Star Bank and SDN Insurance Agency LLC, reported fourth quarter before dividend net income of $19.6 million and earnings per diluted share of $1.21.   Reflected in the increase in net income ...

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Xerox reports year-over-year drop in Q4 revenue (access required)

Xerox Holdings Corp. on Tuesday reported a drop in year-over-year fourth-quarter revenue as the business continued to deal with COVID-19-related challenges and global supply chain disruptions.   Xerox reported revenue of $1.78 billion, down 7.9 percent from revenue of $1.93 ...

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Paychex revenue, income up in Q2 (access required)

Paychex Inc. reported year-over-year increases in second-quarter sales and adjusted net income driven by growth in employees within the firm’s client base and client retention.  For the quarter ended Nov. 30, the company reported revenue of $1.1 billion, up 13 percent from sales of ...

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Garlock parent stock climbs on Q3 earnings results (access required)

EnPro Industries Inc., the parent company of Palmyra’s Garlock Family of Companies, on Friday reported strong third-quarter results, beating Wall Street expectations. For the quarter ended Sept. 30, the Charlotte, N.C., based manufacturer reported revenue of $283.1 million, up from ...

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Transcat sales, income soar in second quarter (access required)

Rochester’s Transcat Inc., a supplier of accredited calibration, repair, inspection and laboratory instrument services, on Tuesday reported a drastically improved second-quarter, beating analyst estimates. For the second quarter ended Sept. 25, Transcat reported sales of $50.3 million, up 21 percent ...

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