Latest Stories
PlayStudios (NASDAQ:MYPS) Beats Q3 Sales Targets
Digital casino game platform PlayStudios (NASDAQ:MYPS) reported Q3 CY2024 results topping the market’s revenue expectations, but sales fell 6.1% year on year to $71.23 million. The company expects the full year’s revenue to be around $290 million, close to analysts’ estimates. Its GAAP loss of $0.02 per share was 6.3% below analysts’ consensus estimates.
GXO Logistics (NYSE:GXO) Beats Q3 Sales Targets
Contract logistics company GXO (NYSE:GXO) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 27.8% year on year to $3.16 billion. On the other hand, next quarter’s revenue guidance of $2.56 billion was less impressive, coming in 19.3% below analysts’ estimates. Its non-GAAP profit of $0.79 per share was also 2.7% above analysts’ consensus estimates.
Commercial Vehicle Group (NASDAQ:CVGI) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops 10.7%
Vehicle systems manufacturer Commercial Vehicle Group (NASDAQ:CVGI) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 30.4% year on year to $171.8 million. The company’s full-year revenue guidance of $725 million at the midpoint came in 19.8% below analysts’ estimates. Its GAAP loss of $0.03 per share was also 175% below analysts’ consensus estimates.
Bright Horizons (NYSE:BFAM) Posts Better-Than-Expected Sales In Q3
Child care and education company Bright Horizons (NYSE:BFAM) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 11.4% year on year to $719.1 million. The company expects the full year’s revenue to be around $2.68 billion, close to analysts’ estimates. Its non-GAAP profit of $1.11 per share was 4.5% above analysts’ consensus estimates.
JELD-WEN (NYSE:JELD) Misses Q3 Sales Targets, Stock Drops 25.7%
Building products manufacturer JELD-WEN (NYSE:JELD) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 13.2% year on year to $934.7 million. The company’s full-year revenue guidance of $3.73 billion at the midpoint came in 4.6% below analysts’ estimates. Its non-GAAP profit of $0.32 per share was also 20.7% below analysts’ consensus estimates.
Regal Rexnord (NYSE:RRX) Misses Q3 Sales Targets
Industrials products and automation company Regal Rexnord (NYSE:RRX). fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 10.4% year on year to $1.48 billion. Its non-GAAP profit of $2.49 per share was in line with analysts’ consensus estimates.
Primoris’s (NYSE:PRIM) Q3: Beats On Revenue
Infrastructure construction company Primoris (NYSE:PRIM) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 7.8% year on year to $1.65 billion. Its non-GAAP profit of $1.22 per share was also 18.9% above analysts’ consensus estimates.
8x8’s (NASDAQ:EGHT) Q3: Beats On Revenue, Stock Soars
Business communications software company 8x8 (NYSE:EGHT) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, but sales fell 2.2% year on year to $181 million. On the other hand, next quarter’s revenue guidance of $172.5 million was less impressive, coming in 4.9% below analysts’ estimates. Its non-GAAP profit of $0.09 per share was also 13% above analysts’ consensus estimates.
Aris Water (NYSE:ARIS) Reports Bullish Q3
Water handling and recycling company Aris Water (NYSE:ARIS) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 12.5% year on year to $112.3 million. Its non-GAAP profit of $0.34 per share was also 12.4% above analysts’ consensus estimates.
Marqeta’s (NASDAQ:MQ) Q3 Earnings Results: Revenue In Line With Expectations But Stock Drops 33%
Leading edge card issuer Marqeta (NASDAQ: MQ) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 17.5% year on year to $128 million. On the other hand, next quarter’s revenue guidance of $120.9 million was less impressive, coming in 13.1% below analysts’ estimates. Its GAAP loss of $0.06 per share was 11.9% below analysts’ consensus estimates.