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CENTENE SUBSIDIARY HEALTH NET SELECTED FOR CALIFORNIA MEDICAID DENTAL AWARD IN LOS ANGELES AND SACRAMENTO COUNTIES
Prnewswire· 2024-09-23 18:00
ST. LOUIS, Sept. 23, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that the California Department of Health Care Services has selected its subsidiary, Health Net Community Solutions (Health Net), to provide managed dental health care services to beneficiaries of Medi-Cal, the State's Medicaid program, in Los Angeles and Sacramento counties. The new 54-month contract is expected to take effect on July 1, ...
Here's Why Cloudflare (NET) Fell More Than Broader Market
ZACKS· 2024-09-20 22:56
The latest trading session saw Cloudflare (NET) ending at $82.45, denoting a -0.46% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.19%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq lost 0.36%. Prior to today's trading, shares of the web security and content delivery company had gained 2.73% over the past month. This has outpaced the Computer and Technology sector's loss of 0.09% and the S&P 500's gain of 2.06% in that time. The inve ...
Cloudflare (NET) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-13 22:56
Cloudflare (NET) closed the latest trading day at $78.59, indicating a -0.34% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.54%. At the same time, the Dow added 0.72%, and the tech-heavy Nasdaq gained 0.65%. The the stock of web security and content delivery company has fallen by 4.02% in the past month, lagging the Computer and Technology sector's gain of 3.3% and the S&P 500's gain of 4.86%. Market participants will be closely following the financial results of Clo ...
Cloudflare's Sales Productivity Growth Is Helping It Win $100K+ ARR Deals Faster
Seeking Alpha· 2024-09-02 05:50
I 1 Sundry Photography Introduction & Investment Thesis I last wrote about Cloudflare (NYSE:NET) in May, where I upgraded my rating from a "hold" to a "buy." My thesis was predicated on my belief that the selloff had created an attractive investment opportunity as the company continued to execute well to gain market share among enterprise customers while expanding its sales capacity to go after larger deals with greater momentum. Since then, the stock has climbed close to 20%, outperforming the S&P 500 by m ...
LUCA REPORTS RECORD NET QUARTERLY REVENUE IN Q2 2024 OF US$18.2 MILLION, UP 49% YEAR-OVER-YEAR
Prnewswire· 2024-08-29 13:00
VANCOUVER, BC, Aug. 29, 2024 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce its financial results for the six months ended June 30, 2024. Highlights Record Net Quarterly Revenue for Q2 2024 of US$18.2 million, up 49% from Q2 2023. Total Net Revenue for the six months ended June 30, 2024, of US$34.5 million, an increase of 33% over the same 2023 period. Positive Net Earnings of US$4.7 million for Q2 2024, an increase of 217% over ...
1 Cybersecurity Stock You Can Buy and Hold for the Next Decade
The Motley Fool· 2024-08-23 13:05
This cybersecurity company is scratching the surface of a huge opportunity and is growing at an impressive pace. The cybersecurity industry has enjoyed secular growth over the past few years as companies and governments have been shoring up their defenses to ward off bad actors and prevent breaches. This explains why global cybersecurity spending has jumped from $34 billion in 2017 to $79 billion last year. Annual cybersecurity spending is expected to jump once again in 2024, reaching $87 billion. More impo ...
Cloudflare Stock Flares Up on Solid EPS Beat and Raised Guidance
MarketBeat· 2024-08-06 14:47
Cloudflare Today | --- | --- | |----------------------|-------| | | | | | | | NET | | | Cloudflare | | | $78.12 | | | +0.42 (+0.54%) | | | 52-Week Range $53.88 | | | ▼ | | | $116.00 | | | Price Target $92.29 | | | Add to Watchlist | | Content delivery network (CDN) service provider Cloudflare, Inc. NYSE: NET reported a solid Q2 2024 earnings report, resulting in a 6% gain the following day. This is impressive, considering the Nasdaq composite index fell nearly 418 points that day. Cloudflare is a one-stop s ...
FOX REPORTS FOURTH QUARTER FISCAL 2024 REVENUES OF $3.09 BILLION, NET INCOME OF $320 MILLION, AND ADJUSTED EBITDA OF $773 MILLION
Prnewswire· 2024-08-06 11:30
FOX REPORTS FULL YEAR FISCAL 2024 REVENUES OF $13.98 BILLION, NET INCOME OF $1.55 BILLION, AND ADJUSTED EBITDA OF $2.88 BILLION NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three and twelve months ended June 30, 2024. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: "Fiscal 2024 was another successful year for FOX with very clear achievements across our portfolio, includ ...
Cloud Stock Eyes Best Day in Months on Beat-and-Raise
Schaeffers Investment Research· 2024-08-02 14:21
IT leader Cloudflare Inc (NYSE:NET) is moving 3.2% higher to trade at $76.74 this morning, after the company posted better-than-expected second-quarter results and raised its full-year outlook. The equity now expects earnings between 70 and 71 cents per share, with a 2024 profit of 61 cents per share. On the charts, while the shares have struggled over the past few months, they remain 18% higher year over year, with support below at the 320-day moving average. Today, Cloudflare stock is on track for its bes ...
Cloudflare Earnings: 83x Operating Profits, Valuation In The Cloud
Seeking Alpha· 2024-08-02 13:25
I 1 Sundry Photography Investment Thesis Cloudflare (NYSE:NET) delivered very strong Q2 2024 results that saw its stock increase by 8% after hours. More specifically, Cloudflare's prospects remain undeniably strong, which led to Cloudflare once again raising its growth prospects. According to my estimates, Cloudflare is priced at 83x next year's non-GAAP operating profits. I maintain, as I've done for a while, that this is simply the going price for this sort of company. Investors are unlikely to get Cloudf ...