S&P 500 2,441.20 17.28
Gold$1,224.80 $5.30
Nasdaq 6,253.81 61.92
Crude Oil $60,490.00      $-1570.00
DAILY EARNINGS

OptiNose Net Loss Widens, Nine Energy Net swing to Profit


Author: Mukesh Buch
ticker.com
Last Update: 2:42 AM EDT May 14 2018

11:45 PM New York Cambium Learning first-quarter net and revenues increased. Nine Energy first-quarter net swung to profit and revenues soared 13%. OptiNose first-quarter net loss widened to $31 million.

Tollbooth Index edged up 1.44 to 15,353.94 but for the year-to-date jumped 11.5%.

Earnings Review

Cambium Learning Group Inc (ABCD), the educational solution provider said revenues in the first-quarter ending in March rose 0.6% from a year ago to $36.6 million.

Net loss in the quarter edged up 0.1% to $2.6 million from $2.5 million and diluted earnings per share were flat at 5 cents in the same quarter last year.

Nine Energy Service Inc (NINE), the oil and gas services provider reported revenues in the first-quarter ending in March soared 12.6% from a year ago to $173.8 million.

Net in the quarter swung to profit $1.7 million or 8 cents per diluted share from a loss of $29.8 million or $1.89 in the same quarter last year.

OptiNose Inc (OPTN), the specialty drug maker said revenues in the first-quarter ending in March were $0.9 million.

Net loss in the quarter widened to $30.6 million or 81 cents per diluted share from $11.7 million or $2.87 in the same quarter last year.
  1
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc