Explains why United States government tax receipts in fiscal year 1997 were higher than expected. Factors that contributed to increase; Performance of corporate income tax receipts in 1997; Underestimation of income taxes by the Congressional Budget Office....
“Although higher-than-expected tax revenue growth, abundant federal aid, and record financial reserves have improved budget conditions recently, states must navigate several looming challenges, including slowing revenue growth as the economy weakens and monetary policy tightens, historically high inflation,...
Revenuesin the second quarter of 2024 were $4,164 million, an increase of 7% in U.S. dollars or 11% in local currency terms compared to the second quarter of 2023. This increase was mainly due to higher revenues from generic products in all our segments, and from AUSTEDO in our United...
Net income of $0.8 million compared favorably to the net loss of $11.3 million in the year-ago period. The year-over-year improvement reflects higher revenues and an increase in adjusted EBITDA. Adjusted EBITDA rose 74.3% year-over-year, while adjusted EBITDA margin improved 130 basis points...
In contrast, nominal imports of goods were 0.5 percent higher in August than in the previous month but 3.1 percent lower than in the same month of the previous year.
Baxter International Reports In-Line Revenues, Higher-Than-Expected Earnings Richika BiyaniOct 28, 2021, 10:02 PM A+ A- Multinational healthcare company Baxter International, Inc. (BAX) has reported solid financial results for the third quarter of 2021. The Illinois-based company manufactu...
SINGAPORE (Reuters) - Singaporean technology group Sea chairman Forrest Li said on Tuesday the firm would scale up its fintech offerings in Southeast Asia, as the firm more than doubled revenues in 2021 thanks to growth in e-commerce and entertainment. "Digital finan...
Bombardier also reported a significant jump in earnings in 2023: adjusted EBITDA(1) rose 32% from last year to $1.23 billion, driven by increased deliveries, greater Global 7500 contribution, and a higher aftermarket contribution. Full-year reported EBIT reached $793 million, while ad...
GreenPower Revenues Rise 57% in Q2 Stephanie Bedard-Chateauneuf A+ A- Shares of GreenPower Motor (GPV), a Canadian builder of electric buses, reported a higher adjusted EBITDA loss in the second quarter despite a strong increase in revenues. Pick the best stocks and maximize your portfolio:...
The numbers in reality can be far higher but they are useful for determining trends. However, while revenue is down the number of ransomware strains has increased. Researchers noted, “Despite the drop in revenue, the number of unique ransomware strains in operation reportedly exploded in 2022, ...