Tag: quarterly earnings
Amica reports $161M profit in 2019
LINCOLN – Amica Mutual Insurance Co. reported a profit of $161 million in 2019, an increase from $136 million one year prior, the company...
Textron Q1 profit shrinks to $50M, pandemic cited
PROVIDENCE – Textron Inc. reported a profit of $50 million in the first quarter, a 72.1% decline year over year due to impacts from...
General Dynamics reports $706M profit in Q1
NORTH KINGSTOWN – General Dynamics Corp. logged a $706 million profit in the first quarter, a 5.4% decline year over year, the company said...
Sensata profit declines to $8.4M in Q1 on COVID-19 shutdowns
ATTLEBORO – Sensata Technologies Holding PLC reported an $8.4 million profit in the first quarter, a sharp decline from $85.1 million one year prior,...
Hasbro posts $69.6M loss in Q1 driven by eOne acquisition costs
PAWTUCKET – Hasbro Inc. reported a $69.6 million loss for the first quarter of 2020, according to the company Wednesday.
The loss was primarily attributable...
Washington Trust posts $11.9M Q1 profit, 32% drop from last year
WESTERLY – Washington Trust Bancorp. Inc., the parent company for Westerly-based The Washington Trust Co., saw a 32% drop in profit compared to the...
Citizens Bank reports $34M profit in Q1 after increasing funds for...
PROVIDENCE – After adding $463 million in reserve funds for anticipated COVID-19 credit losses, Citizens Financial Group Inc. saw its quarter-one profit drop 92%,...
BofA posts $4B Q1 profit, builds funds anticipating bad loans
PROVIDENCE - Bank of America Corp. reported a 45% drop in first-quarter earnings driven by a new $3.6 billion reserve build for bad loans...
SUMR Brands logs $4.2M loss in 2019, touts turnaround efforts
WOONSOCKET – Summer Infant Inc., doing business as SUMR Brands, recorded a $4.2 million loss in 2019, a 2.4% improvement year over year, according...
Rubius Therapeutics reports $163.5M loss in 2019; focuses on oncology and...
PROVIDENCE – Rubius Therapeutics Inc. reported a year-end loss of $163.5 million in 2019, an increase from $89.2 million in 2018.
Loss per diluted share...
- Featured Event -
