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Paychex revenues, income down in Q3
Paychex Inc. this week reported third-quarter sales and earnings that fell short of 2020 numbers. For the quarter ended Feb. 28, the Rochester company reported total revenue of $1.1 billion, […]
New law will require disclosure of entity owners
The United States is one of the easiest places in the world to set up a corporation or LLC without revealing any personal identifying information of those in charge. A […]
Plug Power finds accounting errors, shares tumble
Plug Power Inc., the Albany-area fuel cell maker that plans to build a multi-million-dollar facility in Genesee County, this week said it found accounting errors that will result in its […]
Kodak reports full-year net loss
Eastman Kodak Co. after the bell on Tuesday reported full-year financial results that include a steep decline in revenues and a net loss of $196 million for the year. For […]
Excellus BCBS reports 2020 income, top executives’ salaries
Rochester’s Excellus BlueCross BlueShield on Friday reported a 43 percent decline in net income for 2020. The health plan also reported its top three executives’ salaries, which totaled nearly $6 […]
Bausch Health reports full-year earnings, to appoint activist investor picks to board
Bausch Health Cos. Inc. on Wednesday reported fourth-quarter and full-year results, beating Street estimates. The company also said it plans to add two directors as a result of pressure from […]
Conduent reports Q4 loss, beats Street estimates
Conduent Inc., a business process services and solutions company with a significant base in Rochester, on Thursday reported strong fourth-quarter and full-year financial results, beating Street estimates for revenues. For […]
Seneca Foods shares soar on impressive third-quarter earnings
Seneca Foods Corp. on Wednesday posted a nearly 300 percent increase in third-quarter earnings and a 23 percent improvement in sales. For the quarter ended Dec. 26, 2020, the Wayne […]
Ultralife grows sales to nine-year high
Newark’s Ultralife Corp. on Thursday reported a drop in fourth-quarter sales, but an improvement in its bottom line. For the quarter ended Dec. 31, revenue was $29 million, a nearly […]
Transcat posts Q3 improvement, beats Street estimates
Transcat Inc. on Tuesday reported a third-quarter operating income increase of 20 percent, with service revenue up more than 12 percent. For the quarter ended Dec. 26, the Rochester provider […]
IEC profits increase in Q1
Wayne County’s IEC Electronics Corp. on Wednesday reported a first-quarter increase in sales and earnings. For the first quarter ended Jan. 1, the Newark manufacturer reported revenue of $47.5 million, […]
Plug Power reports strong bookings in 2020, ups guidance for 2021
Plug Power Inc., the Albany-based provider of hydrogen engines and fueling solutions, last week said it had exceeded its 2020 sales expectations and has upped its guidance for 2021 and […]
