June 25, 2015 9:14 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
(NYSE: BKS) gained over 2 percent in pre-market trading after the company reported a narrower loss for its fiscal fourth quarter.The New York-based company posted a quarterly net loss of $19.4 million, or $0.37 per share, versus a year-ago loss of $36.7 million, or $0.72 per share.Its revenue slipped 10.4 percent to $1.18 billion. However, analysts were expecting a loss of $0.39 per share on revenue of $1.18 billion.The average estimate among 18 Estimize users was for a loss of $0.36 per share and revenue of $1.16 billion.Revenue for the Retail segment slipped 9 percent year-over-year to $869 million for the quarter, while revenue for the College segment fell 8.1 percent to $274 million. Revenue for the NOOK segment tumbled 39.8 percent to $52 million for the quarter.Retail comparable store sales slipped 1.3 percent during the quarter.Consolidated EBITDA in the latest quarter climbed to $33 million, versus $11 million in the year-ago period."The Company is successfully implementing strategic and operating initiatives resulting in the improved performance of each of our business units as evidenced by our 30% year-over-year consolidated EBITDA increase. We ended 2015 with an improved balance sheet, and also well positioned to move forward with a focus on operations and our customers," said Michael P. Huseby, Chief Executive Officer of Barnes & Noble.Barnes & Noble shares gained 2.5 percent to $27.00 in pre-market trading.
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