Earning Beat News Today

Super Micro announced the pricing of $1.5 billion aggregate principal amount of convertible senior notes due 2029 early Friday. The convertible notes have an initial conversion rate of 0.7455 shares of the company's common stock per $1,000 principal amount of convertible notes, equivalent to an initial conversion price of approximately $1,341.38 per share, representing an initial conversion premium of approximately 37.5% above the closing price of $975.52 per share of the stock on Feb. 22.

The Odysseus lunar rover landed on the surface of the Moon Thursday evening, marking the first U.S. soft landing on the moon since 1972. "Odysseus is alive and well. Flight controllers are communicating and commanding the vehicle to download science data. The lander has good telemetry and solar charging," the company said in a post on the social media platform, X.

RBC Capital analyst Brad Erickson maintained Booking Holdings with an Outperform and raised the price target from $3550 to $3900, and Wedbush analyst Scott Devitt reiterated Booking Holdings with an Outperform and maintained a $3850 price target following the print.

Ardelyx reported ending 2023 with $184.3 million in cash and investments and expects full-year 2024 U.S. net product sales revenue for Ibsrela to be between $140 million and $150 million. Wedbush analyst Laura Chico reiterated Ardelyx with an Outperform rating and maintained a $13 price target following the print.