Meta's Reality Labs posts $3.85 billion loss in first quarter
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First Solar Posts Higher Quarterly Profit on Strong Demand
(Reuters) - First Solar reported higher first-quarter profit on Wednesday compared to the same period last year, helped by resilient demand for solar energy.The company reported a net profit of $236.6 million, or $2.20 per share, for the three months ended March 31, compared to $42.5 million, or 40 cents per share, in the same period last year.Analysts expected an average of $1.99 per share, according to LSEG data.The U.S. solar market has seen significant momentum since last year, helped by...
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FuboTV Drops to 1.51M North American Subscribers in First Quarter
Sports streaming platform FuboTV, battling to stop a rival Disney, Warners and Fox Sports streaming joint venture in the works, reported it...
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Amgen first-quarter profit dips 1%, revenue rises 22%
(Reuters) -Amgen reported a slightly lower first-quarter profit on Thursday, citing higher operating and interest expense from its recent acquisition of rare disease drugmaker Horizon Therapeutics, partially offset by double-digit revenue growth. The biotechnology company's adjusted profit fell 1% to $3.96 per share, which still beat the average analyst estimate of $3.88 per share, according to LSEG data. The results were "essentially in-linish although not anything significant for the Street...