Stocks making the biggest moves after hours: Palantir, Hims & Hers Health, Clorox and more
Palantir raised its 2024 revenue outlook after third-quarter results showed 121% U.S. commercial growth and a 114% Rule of Forty metric, reflecting strong AI product demand.
8 Articles
8 Articles
Clorox ERP implementation hangover dings fiscal Q1
By Larry DignanClorox still has an ERP implementation hangover as the company reported a 19% decline in sales "primarily driven by lower shipments related to the ERP transition." The company reported fiscal first quarter earnings of 65 cents a share on revenue of $1.43 billion. Adjusted earnings were 85 cents a share, down by 54% from a year ago. Clorox had been on an SAP ERP system that was more than two decades old. It set out to upgrade SAP i…
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