Mid-Day Market Update: Crude Oil Rises 1%; Commvault Systems Shares Slide
Midway through trading opening Tuesday, the Dow traded up 0.18% to 35,804.04 while the NASDAQ rose 0.24% to 15,263.65. The S&P also rose, gaining 0.34% to 4,581.95.
Azure Power Wins 120 MW ISTS Project With Solar Energy Corp. Of India
Azure Power (NYSE:AZRE) announced that it has received the letter of award (LOA) for its first wind project, 120 MW ISTS project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of
Azure Power Global Q1 Adj. EBITDA $49.3M, Sales $59.70M Beat $56.56M Estimate, Megawatts Operating 2.052GW, Up 23% Year Over Year
Azure Power Global (NYSE:AZRE) reported quarterly sales of $59.70 million which beat the analyst consensus estimate of $56.56 million by 5.55 percent. This is a 14.37 percent increase over sales of $52.20 million the
Mid-Day Market Update: Crude Oil Down 2%; Arcturus Therapeutics Shares Spike Higher
Midway through trading Tuesday, the Dow traded up 0.11% to 34,878.06 while the NASDAQ fell 0.37% to 14,626.97. The S&P also fell, dropping 0.01% to 4,386.68.
Azure Power Global Shares Spike On Volume, Co. Says OMERS Infrastructure Agrees to Purchase 19.4% Stake
OMERS Infrastructure today announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power
50 Biggest Movers From Yesterday
Gainers
Verve Therapeutics, Inc. (NASDAQ: VERV) shares surged 68% to settle at $31.92 on Thursday after the company priced its IPO at $19 per share.
Azure Power Global Q4 EPS $(0.79) Down From $(0.10) YoY, Sales $58.40M Miss $59.88M Estimate
Azure Power Global (NYSE: AZRE) reported quarterly losses of $(0.79) per share. This is a 690 percent decrease over losses of $(0.10) per share from the same period last year.
Earnings Scheduled For June 15, 2021
Companies Reporting Before The Bell
• Qudian (NYSE:QD) is expected to report quarterly earnings at $0.29 per share on revenue of $95.97 million.
Earnings Scheduled For June 11, 2021
Companies Reporting Before The Bell
• Cheetah Mobile (NYSE:CMCM) is likely to report earnings for its first quarter.