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JFrog (NASDAQ:FROG) Surprises With Q3 Sales, Contract Wins Accelerate
Software development tools maker JFrog (NASDAQ:FROG) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 23% year on year to $109.1 million. The company expects next quarter’s revenue to be around $114 million, close to analysts’ estimates. Its non-GAAP profit of $0.15 per share was also 41.7% above analysts’ consensus estimates.
nLIGHT (NASDAQ:LASR) Posts Better-Than-Expected Sales In Q3 But Stock Drops
Laser company nLIGHT (NASDAQ:LASR) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 10.9% year on year to $56.13 million. On the other hand, next quarter’s revenue guidance of $51.5 million was less impressive, coming in 14.1% below analysts’ estimates. Its non-GAAP loss of $0.08 per share was also 3% above analysts’ consensus estimates.
Bill.com (NYSE:BILL) Surprises With Strong Q3, Stock Jumps 15.4%
Payments and billing software maker Bill.com (NYSE:BILL) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 17.5% year on year to $358.5 million. The company expects next quarter’s revenue to be around $358 million, slightly above analysts’ estimates. Its non-GAAP profit of $0.78 per share was also 55.4% above analysts’ consensus estimates.
Rivian (NASDAQ:RIVN) Misses Q3 Revenue Estimates
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 34.6% year on year to $874 million. Its GAAP loss of $1.08 per share was in line with analysts’ consensus estimates.
Olo (NYSE:OLO) Beats Q3 Sales Targets But Stock Drops
Restaurant software company (NYSE:OLO) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 24.3% year on year to $71.85 million. The company expects next quarter’s revenue to be around $72.75 million, close to analysts’ estimates. Its non-GAAP profit of $0.06 per share was also 16.1% above analysts’ consensus estimates.
Monster (NASDAQ:MNST) Misses Q3 Sales Targets
Energy drink company Monster Beverage (NASDAQ:MNST) missed Wall Street’s revenue expectations in Q3 CY2024 as sales only rose 1.3% year on year to $1.88 billion. Its GAAP profit of $0.38 per share was also 10.6% below analysts’ consensus estimates.
Flywire’s (NASDAQ:FLYW) Q3: Beats On Revenue, Stock Soars
Cross border payment processor Flywire (NASDAQ: FLYW) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 27.2% year on year to $156.8 million. Guidance for next quarter’s revenue was optimistic at $125 million at the midpoint, 2.3% above analysts’ estimates. Its GAAP profit of $0.30 per share was also 90.8% above analysts’ consensus estimates.
Alarm.com (NASDAQ:ALRM) Reports Strong Q3, Stock Soars
Home security and automation software provider Alarm.com (NASDAQ:ALRM) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 8.4% year on year to $240.5 million. The company’s full-year revenue guidance of $934.8 million at the midpoint came in slightly above analysts’ estimates. Its GAAP profit of $0.67 per share was also 60.6% above analysts’ consensus estimates.
Opendoor (NASDAQ:OPEN) Beats Q3 Sales Targets But Quarterly Guidance Underwhelms
Technology real estate company Opendoor (NASDAQ:OPEN) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 40.5% year on year to $1.38 billion. On the other hand, next quarter’s revenue guidance of $950 million was less impressive, coming in 21.1% below analysts’ estimates. Its GAAP loss of $0.11 per share was also 39.7% above analysts’ consensus estimates.
Amplitude’s (NASDAQ:AMPL) Q3 Sales Top Estimates, Next Quarter’s Growth Looks Optimistic
Data analytics software provider Amplitude (NASDAQ:AMPL) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 6.5% year on year to $75.22 million. Guidance for next quarter’s revenue was better than expected at $76.5 million at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $0.03 per share was also 281% above analysts’ consensus estimates.