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Warby Parker Shares Rise After Higher Q1 Net Revenue Posted
Warby Parker (WRBY) shares were up more than 25% in early trading on Thursday after the company posted higher Q1 net revenue.The company reported Q1 earnings Thursday of $0.03 per diluted share, unchanged from a year earlier.Analysts polled by FactSet expected $0.05.Net revenue for the quarter ended March 31 was $242.4 million, up from $223.8 million a year earlier.Analysts expected revenue of $239.4 million.The company reaffirmed its full-year 2026 net revenue guidance of $959 million to $976 million. Analysts expect revenue of $980.8 million.Price: $26.01, Change: $+4.00, Percent Change: +18.17%
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Genesis Energy Shares Gain After Q1 Net Loss Narrows, Revenue Rises
Genesis Energy (GEL) shares were marginally higher in early trading on Thursday after the company reported a Q1 net loss from continuing operations of $0.06 per diluted unit, narrower than a loss of $0.60 a year earlier.Analysts' estimates were not readily available for comparison.Revenue for the quarter ended March 31 was $446.6 million, up from $398.3 million a year earlier.Price: $16.45, Change: $+0.07, Percent Change: +0.46%
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