Tag: quarterly earnings
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...
UNFI loses $31M in fiscal Q2
PROVIDENCE – United Natural Foods Inc. reported a loss of $31 million in the company’s second quarter ended Feb. 1, an improvement from a...
IGT reports $111.7M profit in 2019
PROVIDENCE – International Game Technology PLC on Tuesday reported a $111.7 million profit in 2019, a 2.6% decline year over year, according to a...
Twin River profit dips to $55M in 2019
PROVIDENCE – Twin River Worldwide Holdings Inc. reported a profit of $55.1 million in 2019, or $1.46 per diluted share, a decline from $71.4...
KVH Industries posts $16M loss in 2019
PROVIDENCE – KVH Industries Inc. posted a $16 million loss in 2019, or 92 cents per diluted share, the company reported Friday.
The company, which...
Titleist golf ball launches drive Acushnet’s $121M profit in 2019
FAIRHAVEN – Acushnet Holdings Corp. earned a profit of $121.1 million in 2019, a 21.2% increase year over year.
The company, which oversees the Titleist...
Providence Journal parent posts $121M loss in 2019
PROVIDENCE – Gannett Co., parent company of The Providence Journal and several other local publications, lost $121.2 million for 2019, according to the company...
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