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Twilio (TWLO) Shares Skyrocket, What You Need To Know
Shares of cloud communications infrastructure company Twilio (NYSE:TWLO) jumped 17.3% in the morning session after the company reported impressive third-quarter earnings and provided an optimistic EPS forecast for the next quarter, which blew past analysts' expectations. Its billings also outperformed Wall Street's estimates. Notably, revenue accelerated sequentially, while top line growth improved as the net retention rate rose to 105%. This shows that the business is getting better at retaining and upselling its customers. Zooming out, we think this was a solid quarter.
Kontoor Brands (KTB) Shares Skyrocket, What You Need To Know
Shares of clothing company Kontoor Brands (NYSE:KTB) jumped 16% in the morning session after the company reported a "beat and raise quarter." Third-quarter results blew past analysts' EBITDA and EPS expectations. Looking ahead, it raised its full-year EPS outlook. On the other hand, its full-year revenue guidance was underwhelming. Zooming out, we think this was a decent quarter featuring some areas of strength but also some blemishes.
Why Are Remitly (RELY) Shares Soaring Today
Shares of online money transfer platform Remitly (NASDAQ:RELY) jumped 24.1% in the after-market session after the company reported a "beat and raise" quarter. Third-quarter results blew past analysts' EBITDA expectations. Customer growth stayed strong, up 35% year on year, and was supported by robust volume growth, which grew even faster (up 42% y/y). Moving on, its full-year EBITDA guidance exceeded Wall Street's estimates. Overall, this was a strong quarter.
Etsy (ETSY) Stock Trades Up, Here Is Why
Shares of online marketplace Etsy (NASDAQ:ETSY) jumped 11.8% in the morning session after the company reported impressive third-quarter earnings, which beat analysts' revenue, EBITDA, and EPS expectations. The result highlights the ability to balance growth and profitability despite the observed pressure on the Etsy marketplace year-over-year GMS (gross merchandise sales). Overall, this was a good quarter.
Why FTAI Aviation (FTAI) Shares Are Falling Today
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) fell 11.1% in the morning session after the company reported third quarter earnings. Revenue and EBITDA were above expectations, and management raised full year guidance on the earnings call. But the stock moved down during the earnings call for a few reasons.
Why Roku (ROKU) Shares Are Falling Today
Shares of streaming TV platform Roku (NASDAQ: ROKU) fell 22.5% in the afternoon session after the company reported third-quarter earnings results. Its EBITDA forecast for the next quarter missed, and management's commentary around Platform revenue created uncertainty and some bearishness.
Why Microsoft (MSFT) Stock Is Down Today
Shares of tech giant Microsoft (NASDAQ:MSFT) fell 6% in the morning session after the company reported weak third-quarter earnings. While growth in Microsoft Azure (cloud segment) grew 34%, the company anticipated a slight deceleration in the next quarter (Q2'25) due to supply chain issues, including delays in third-party infrastructure for AI capabilities. However, management reassured that there will be normalization in the second half of the fiscal year.
Why Is Fresh Del Monte Produce (FDP) Stock Rocketing Higher Today
Shares of fresh produce company Fresh Del Monte (NYSE:FDP) jumped 15.3% in the morning session after the company reported third-quarter earnings that blew past analysts' EBITDA and EPS expectations. Its revenue and gross margin also outperformed Wall Street's estimates. Zooming out, we think this was a good quarter with some key areas of upside.
Why Are Peloton (PTON) Shares Soaring Today
Shares of exercise equipment company Peloton (NASDAQ:PTON) jumped 28.3% in the morning session after the company reported impressive third-quarter earnings. EBITDA handily beat Wall Street's estimates. In addition, Peloton's optimistic EBITDA forecast for the next quarter blew past analysts' expectations. On the other hand, its revenue guidance for next quarter came in slightly below Wall Street's estimates. Separately, the company announced Peter Stern, as CEO and President effective January 1, 2025. Mr Stern previously served as President of Ford Integrated Services and also held leadership roles at Apple and Time Warner Cable. Zooming out, we think this was a strong quarter with hopes for renewed optimism under the new leadership.
Why Is Laureate Education (LAUR) Stock Rocketing Higher Today
Shares of higher education company Laureate Education (NASDAQ:LAUR) jumped 14.6% in the morning session after the company reported strong third-quarter earnings that blew past analysts' EPS expectations. Its EBITDA also outperformed Wall Street's estimates. Similarly, EBITDA guidance came ahead. Overall, we think this was a decent quarter with some key metrics above expectations.