#revenue-decline

#revenue-decline

Shares of Rigetti Computing ( NASDAQ: RGTI) collapsed 40% over the past month, falling from $39 in early November to $23.45 on December 1. The crash coincided with a dramatic shift in retail investor sentiment, plummeting from bullish scores of 78-82 in late November to very bearish readings of 12-18 by early December on platforms like Reddit and X. The reversal centers on mounting concerns about insider selling, revenue declines, and extreme valuations across the quantum computing sector.

The broadcaster reported revenues of $773 million and booked a $1 million net loss in the three months that included Kimmel's September suspension, according to Variety, a sudden reversal from the $94 million profit Sinclair posted in the same quarter of 2024. Advertising was the engine of the decline, down 26% to $321 million year-over-year. Political spending largely evaporated with just $6 million this past quarter compared to $138 million a year ago which was, of course, an election year.

Total revenue for the third quarter was $246 million, a 10% decline.

Bondholders will receive up to 325 million shares of its common stock. "The early tender results of its previously announced exchange offer to exchange any and all of its 0% Convertible Senior Notes due 2027, for a pro rata portion of up to $202.5 million in aggregate principal amount of its new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and up to 326,190,370 shares of its common stock," Beyond Meat announced.

In its earnings release, the company cited factors like "a sustained uncertain macroeconomic environment" stemming from "shifting tariffs,unclear impacts from changes to fiscal policy and political sentiment."

Revenue was $44.7 million for fiscal Q2 2025, a 24% year-over-year decrease. Commerce Media Solutions Revenue was $16.1 million, up 121% year-over-year, representing 36% of consolidated revenue.

Saga Communications reported a decline in its Q2 2025 revenue and earnings per share, with GAAP revenue at $28.2 million and earnings per share at $0.18.

Gannett is executing $100 million in cost cuts, including closing print facilities and automating processes, to improve operational efficiency and adapt to revenue declines.

Jeff Clarke stated that taking on day-to-day leadership of the consumer solutions group will help accelerate decision making and build momentum as the PC refresh cycle picks up speed.

"The declines are driven by the continued worsening of the mass colour cosmetics category, which declined by a mid-single-digit per cent in Q3, with the US market under the most pressure."