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Tag Archives: Earnings

Bausch Health reports full-year earnings, to appoint activist investor picks to board (access required)

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 activist investor Carl Icahn. For the fourth quarter ended Dec. ...

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Conduent reports Q4 loss, beats Street estimates (access required)

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 the quarter ended Dec. 31, sales were down 4 percent ...

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Transcat posts Q3 improvement, beats Street estimates (access required)

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 of accredited calibration, repair, inspection and laboratory instrument services posted ...

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IEC profits increase in Q1 (access required)

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, up more than 6 percent from $44.7 million in the ...

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Graham profits up in Q3 (access required)

Batavia’s Graham Corp. on Thursday reported an improvement in third-quarter sales and earnings, beating Street estimates for revenue. For the quarter ended Dec. 31, the global designer and manufacturer of critical equipment for the energy, defense and chemical/petrochemical industries posted ...

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Monro sales, profits drop in third quarter (access required)

Monro Inc. on Wednesday reported a nearly 65 percent drop in third-quarter earnings and a 14 percent drop in sales, driven primarily by significant declines in maintenance and brake services. For the quarter ended Dec. 26, 2020, the Rochester-based undercar ...

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Xerox Q4 revenue, earnings down, plans business segment restructuring (access required)

Xerox Holdings Corp. on Tuesday reported a more than 20 percent year-over-year decline in revenue and a 60 percent decline in earnings for the fourth quarter. For the quarter ended Dec. 31, 2020, Xerox reported revenue of $1.93 billion, down ...

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IEC continues to improve bottom line in Q4 (access required)

Newark’s IEC Electronics Corp. on Friday reported growth in fourth-quarter sales and earnings. For the quarter ended Sept. 30, the Wayne County manufacturer posted revenue of $46.4 million, up nearly 6 percent from year-ago revenues of $43.9 million. Net income ...

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Vuzix posts Q3 record sales (access required)

Rochester’s Vuzix Corp. this week reported record sales in the third quarter but a weak bottom line. For the quarter ended Sept. 30, the supplier of smart glasses and augmented reality technologies and products posted revenues of $2.69 million, up ...

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Kodak reports Q3 loss (access required)

After the bell on Tuesday, Eastman Kodak Co. reported a third-quarter decline in sales of $63 million and a net loss for the quarter of $445 million. Shares of company stock (NYSE: KODK) were down roughly 2 percent to $6.55 ...

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