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Snap (NYSE:SNAP) Surprises With Q3 Sales, Stock Soars
Social network Snapchat (NYSE: SNAP) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 15.5% year on year to $1.37 billion. Its non-GAAP profit of $0.08 per share was also 55.2% above analysts’ consensus estimates.
Varonis’s (NASDAQ:VRNS) Q3 Sales Beat Estimates, Provides Optimistic Full-Year Guidance
Data protection and security software company Varonis (NASDAQ:VRNS) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 21.1% year on year to $148.1 million. The company expects next quarter’s revenue to be around $164.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.10 per share was also 34.4% above analysts’ consensus estimates.
Allison Transmission (NYSE:ALSN) Reports Upbeat Q3
Transmission provider Allison Transmission (NYSE:ALSN) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 12% year on year to $824 million. The company expects the full year’s revenue to be around $3.18 billion, close to analysts’ estimates. Its GAAP profit of $2.27 per share was also 12% above analysts’ consensus estimates.
Caesars Entertainment (NASDAQ:CZR) Misses Q3 Sales Targets
Hotel and casino entertainment company Caesars Entertainment (NASDAQ:CZR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 4% year on year to $2.87 billion. Its GAAP loss of $0.04 per share was also 128% below analysts’ consensus estimates.
First Solar (NASDAQ:FSLR) Misses Q3 Sales Targets, Stock Drops
Solar panel manufacturer First Solar (NASDAQ:FSLR) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 10.8% year on year to $887.7 million. The company’s full-year revenue guidance of $4.18 billion at the midpoint came in 6.2% below analysts’ estimates. Its GAAP profit of $2.91 per share was also 6.9% below analysts’ consensus estimates.
Qorvo (NASDAQ:QRVO) Q3: Beats On Revenue But Stock Drops 11.8%
Communications chips maker Qorvo (NASDAQ: QRVO) reported Q3 CY2024 results beating Wall Street’s revenue expectations, but sales fell 5.2% year on year to $1.05 billion. On the other hand, next quarter’s revenue guidance of $900 million was less impressive, coming in 14.6% below analysts’ estimates. Its non-GAAP profit of $1.88 per share was also 1.7% above analysts’ consensus estimates.
Heartland Express (NASDAQ:HTLD) Misses Q3 Sales Targets
Freight delivery company Heartland Express (NASDAQ:HTLD) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 11.9% year on year to $259.9 million. Its GAAP loss of $0.12 per share was also 1,027% below analysts’ consensus estimates.
Heartland Express (NASDAQ:HTLD) Misses Q3 Revenue Estimates
Freight delivery company Heartland Express (NASDAQ:HTLD) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 11.9% year on year to $259.9 million. Its GAAP loss of $0.12 per share was also 1,027% below analysts’ consensus estimates.
Powell (NASDAQ:POWL) Q2 Earnings: Leading The Electrical Systems Pack
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the electrical systems industry, including Powell (NASDAQ:POWL) and its peers.
Q1 Rundown: 3D Systems (NYSE:DDD) Vs Other Custom Parts Manufacturing Stocks
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the custom parts manufacturing stocks, including 3D Systems (NYSE:DDD) and its peers.