Q3 Financial Results: CPSI Revenue Stable, Whole Earth Brands Reports Loss; BlackRock Plans Ether Spot ETF Launch
CPSI reports steady Q3 revenue of $82.7 million while Whole Earth Brands records net loss of $5.4 million; BlackRock announces plan for Ether spot ETF in nod to growing crypto market.
- In its Q3 financial results, Computer Programs & Systems (CPSI) reported stable revenues of $82.7 million, largely the same as the $82.8 million recorded in the same period the previous year.
- Whole Earth Brands reported a net loss of $5.4 million in their Q3 results, continuing the trend of losses recorded throughout the year.
- BlackRock, the world's largest asset manager, announced plans to launch an Ether Spot ETF, marking a significant move in favor of the growing crypto market.
- A modest weakness for the broad market broke a nine-day winning trend, triggering curiosity if bears can reclaim ground lost since late October.
- In contrast, Q3 net sales for American Vanguard (AVD) fell by 1.8% year-on-year to $149.5 million, despite a 1.6% growth in the company's U.S Non-crop business to $19.3 million.