The Starz Buyout Is Paying Off for Lions Gate Entertainment Corp.

The Starz Buyout Is Paying Off for Lions Gate Entertainment Corp.
Video entertainment producer Lions Gate Entertainment (NYSE: LGF-A) (NYSE: LGF-B) reported earnings Thursday night, covering the second quarter of fiscal year 2018. The TV and cinema studio delivered positive GAAP earnings in a seasonally slow period, and the recently acquired Starz network earned its keep with solid operating profits. Lions Gate’s third-quarter results: The raw numbers Metric Q2 2018 Q2... Read More

When Will Activision Blizzard’s Overwatch League Be Profitable?

When Will Activision Blizzard’s Overwatch League Be Profitable?
Overwatch has been a great success for Activision Blizzard (NASDAQ: ATVI) , reaching over 30 million registered players in its first year since release. Now, the attention turns to Overwatch League — a professional competitive gaming league based on the hit game. Specifically, investors want to know: Is Overwatch League going to be profitable? IMAGE SOURCE: PLAYOVERWATCH.COM When will Overwatch League... Read More

Alarm.com Boosts Its Sales Guidance for the Year

Alarm.com Boosts Its Sales Guidance for the Year
Connected-home software provider Alarm.com (NASDAQ: ALRM) reported its third-quarter results after the market closed on Nov. 8. Revenue and earnings continued to expand as the company picks up more subscribers, and as those subscribers add more devices to their systems. The company also boosted its full-year revenue guidance. Here’s what investors need to know about Alarm.com’s third-quarter results. Alarm.com results:... Read More

Puma Biotechnology Is Down 19% — Is Its Stock a Bargain?

Puma Biotechnology Is Down 19% — Is Its Stock a Bargain?
What happened Despite a fairly strong third-quarter earnings release that hit the wires after the bell Thursday, mid-cap biotech Puma Biotechnology ‘s (NASDAQ: PBYI)  shares got pummeled today. Specifically, Puma’s stock ended the day down 19% on almost eight times the average daily volume. While this dramatic downturn lacked a clear-cut catalyst, one possible explanation is the relatively anemic commercial... Read More

Here's Why Diamond Offshore Drilling Inc Stock Was Up 15% Last Month While Its Competitors Fell

Here's Why Diamond Offshore Drilling Inc Stock Was Up 15% Last Month While Its Competitors Fell
What happened While almost all of its competitors saw their stock prices fall in October, Diamond Offshore Drilling Inc (NYSE: DO) shares ended the month 15.4% higher than when it began. Along with Rowan Companies , Diamond Offshore was a rare offshore driller that saw its stock price rise in October, while a few even fell by almost double digits... Read More