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Today's Financial News

SciQuest tops 2Q earnings expectations, meets revenue forecasts

6 hours ago

MORRISVILLE, N.C. (AP) _ SciQuest Inc. (SQI) on Thursday reported second-quarter net income of $382,000, after reporting a loss in the same period a year earlier. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

TimkenSteel posts loss of $24.3 million in second quarter

6 hours ago

CANTON, Ohio (AP) _ TimkenSteel Corp. (TMST) on Thursday reported a second-quarter loss of $24.3 million, after reporting a profit in the same period a year earlier. The Canton, Ohio-based company said it had a loss of 54 cents per share. The maker of steel large bars and seamless mechanical tubing posted revenue of $278.2 million in the period.

Ellie Mae tops 2Q net income and revenue expectations

6 hours ago

PLEASANTON, Calif. (AP) _ Ellie Mae Inc. (ELLI) on Thursday reported second-quarter earnings of $7.6 million. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. The provider of automation software for the mortgage industry posted revenue of $65.9 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $59.6 million.

American Vanguard posts 2Q profit of $781,000, result misses forecasts

6 hours ago

NEWPORT BEACH, Calif. (AP) _ American Vanguard Corp. (AVD) on Thursday reported second-quarter earnings of $781,000. The Newport Beach, California-based company said it had profit of 3 cents per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.

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