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Cannabis SPAC Petra Acquisition files for a $125 million IPO

6 years 2 months ago
Petra Acquisition, a blank check company targeting a cannabis business, filed on Wednesday with the SEC to raise up to $125 million in an initial public offering. The New York, NY-based company plans to raise $125 million by offering 12.5 million units at a price of $10. Each uni

Moelis (MC) Reports Q2 Loss, Tops Revenue Estimates

6 years 2 months ago
Moelis (MC) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.

CyrusOne (CONE) Tops Q2 FFO and Revenue Estimates

6 years 2 months ago
CyrusOne (CONE) came out with quarterly funds from operations (FFO) of $1.03 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to FFO of $0.90 per share a year ago. These figures are adjusted for non-recurring items.

Why A10 Networks Stock Surged Today

6 years 2 months ago
What happened Shares of A10 Networks (NYSE: ATEN) have surged today, up by 16% as of 2:50 p.m. EDT, after the company reported second-quarter earnings. The networking technology specialist topped profit expectations but missed sales forecasts. 
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