Earnings Miss Hits Avis Stock, While Verra Mobility Soars on Seven-Year Avis Deal
Avis reports Q2 miss but raises utilization to 72.6% and cuts fleet costs 4%.
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Avis reports Q2 miss but raises utilization to 72.6% and cuts fleet costs 4%.
Fuel-cell maker Bloom Energy doubles revenue to $1.065B in Q2, turns profitable, and lifts full-year outlook amid strong hyperscaler demand.
AI demand lifts Seagate: Q4 revenue $3.63B, EPS $5.71. Company guides higher for next quarter as cloud providers expand.
Visa reports $11.6B revenue (+14%) and beats EPS estimates in fiscal Q3, while announcing 2,600 job cuts and a $563M restructuring charge.