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SunOpta’s (NASDAQ:STKL) Q3 Sales Beat Estimates
Plant-based food and beverage company SunOpta (NASDAQ:STKL) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 15.5% year on year to $176.2 million. The company expects the full year’s revenue to be around $720 million, close to analysts’ estimates. Its non-GAAP profit of $0.02 per share was 7.7% below analysts’ consensus estimates.
Mayville Engineering (NYSE:MEC) Misses Q3 Revenue Estimates
Vertically integrated manufacturing solutions provider Mayville Engineering Company (NYSE:MEC) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 14.4% year on year to $135.4 million. The company’s full-year revenue guidance of $585 million at the midpoint came in 7.3% below analysts’ estimates. Its non-GAAP profit of $0.21 per share was also 13.9% below analysts’ consensus estimates.
Helios (NYSE:HLIO) Misses Q3 Sales Targets
Motion control and electronic systems manufacturer Helios Technologies (NYSE:HLIO) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 3.4% year on year to $194.5 million. The company’s full-year revenue guidance of $802.5 million at the midpoint came in 2.6% below analysts’ estimates. Its non-GAAP profit of $0.59 per share was 8.5% above analysts’ consensus estimates.