Embecta Slips To Loss In Q4

RTTNews | 776 days ago
Stocktwits
Embecta Slips To Loss In Q4

(RTTNews) - Diabetes management company Embecta Corp. (EMBC), which listed on the NASDAQ on Apr.1, 2022 after spinning-off from medical technology company Becton, Dickinson and Co. (BDX), announced Tuesday a net loss of $17.2 million or $0.30 per share, compared to net income of $97.1 million or $1.70 per share in the prior-year quarter.

Revenues for the quarter decreased 8.7 percent to $274.6 million from $300.8 million in the same quarter last year. It was also down 4.2 percent on a constant currency basis.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.66 per share on revenues of $261.01 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, the company now projects adjusted earnings in a range of $1.75 to $2.00 per share on revenues between $1.050 billion and $1.073 billion. The Street is looking for earnings of $3.11 per share on revenues of 1.11 billion for the year.

The Company's Board of Directors also declared a quarterly cash dividend of $0.15 for each issued and outstanding share of the Company's common stock, payable on January 11, 2023 to stockholders of record at the close of business on December 30, 2022.

Tags: EMBC
Stocktwits
read more
Asian Markets A Sea Of Green

Asian Markets A Sea Of Green

Asian stock markets a sea of green on Tuesday, despite the negative cues from Wall Street overnight, as traders react positively to US President Donald Trump's latest decision to delay imposing planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the US Fed to keep interest rates on hold for longer.
RTTNews | 5h 41min ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market is trimming its gains in mid-market trading on Tuesday, reversing the losses in the previous session, despite the negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is above the 8,400 level, with gains across most sectors led by mining and technology stocks, after US President Donald Trump delayed the imposition of tariffs on major U.S. trading partners.
RTTNews | 6h 19min ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Tuesday, reversing the sharp losses in the previous session, despite the negative cues from Wall Street overnight, with the Nikkei 225 moving above the 39,100 level, with gains across most sectors led by index heavyweights and technology stocks, after US President Donald Trump's delayed the imposition of tariffs on major U.S. trading partners.
RTTNews | 6h 46min ago
Thai Bourse May Give Up Support At 1,300 Points

Thai Bourse May Give Up Support At 1,300 Points

The Thai stock market has finished lower in four straight sessions, sinking more than 40 points or 3 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,305-point plateau and it's likely to open under pressure again on Tuesday.
RTTNews | 6h 54min ago
Indonesia Shares Tipped To Open Under Pressure On Tuesday

Indonesia Shares Tipped To Open Under Pressure On Tuesday

The Indonesia stock market turned lower again on Monday, one session after snapping the three-day losing streak in which it had stumbled more than 180 points or 2.6 percent. The Jakarta Composite Index now sits just above the 7,030-point plateau and it may take further damage on Tuesday.
RTTNews | 7h 24min ago
Losses May Accelerate For Hong Kong Stock Market

Losses May Accelerate For Hong Kong Stock Market

The Hong Kong stock market on Monday wrote a finish to the three-day winning streak in which it had advanced almost 525 points or 2.6 percent. The Hang Seng Index now rests just above the 20,215-point plateau although it's expected to open to the downside on Tuesday.
RTTNews | 7h 54min ago
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Tuesday, reversing the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains across most sectors led by mining and technology stocks, after US President Donald Trump's delayed the imposition of tariffs on major U.S. trading partners.
RTTNews | 7h 54min ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Broker News
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.