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ANSYS (NASDAQ:ANSS) Delivers Impressive Q3
Engineering simulation software provider Ansys (NASDAQ:ANSS) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 31.2% year on year to $601.9 million. Its non-GAAP profit of $2.58 per share was also 49.1% above analysts’ consensus estimates.
FARO (NASDAQ:FARO) Beats Expectations in Strong Q3
3D measurement and imaging company FARO (NASDAQ:FARO) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, but sales fell 4.9% year on year to $82.56 million. The company expects next quarter’s revenue to be around $92 million, close to analysts’ estimates. Its GAAP loss of $0.02 per share was also 93% above analysts’ consensus estimates.
HubSpot (NYSE:HUBS) Exceeds Q3 Expectations, Stock Soars
Sales and marketing software maker HubSpot (NYSE:HUBS) announced better-than-expected revenue in Q3 CY2024, with sales up 20.1% year on year to $669.7 million. The company expects next quarter’s revenue to be around $673 million, close to analysts’ estimates. Its non-GAAP profit of $2.18 per share was also 14.2% above analysts’ consensus estimates.
Dutch Bros (NYSE:BROS) Reports Upbeat Q3, Stock Jumps 15.1%
Coffee chain Dutch Bros (NYSE:BROS) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 27.9% year on year to $338.2 million. The company’s full-year revenue guidance of $1.26 billion at the midpoint came in 2.2% above analysts’ estimates. Its non-GAAP profit of $0.16 per share was also 37.1% above analysts’ consensus estimates.
DoubleVerify (NYSE:DV) Posts Q3 Sales In Line With Estimates But Stock Drops
Digital media measurement and analytics provider DoubleVerify (NYSE:DV) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 17.8% year on year to $169.6 million. On the other hand, next quarter’s revenue guidance of $197 million was less impressive, coming in 3.8% below analysts’ estimates. Its GAAP profit of $0.10 per share was 42.4% above analysts’ consensus estimates.
Matrix Service (NASDAQ:MTRX) Misses Q3 Sales Targets, But Stock Soars 5%
Industrial construction and maintenance company Matrix Service (NASDAQ:MTRX) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 16.2% year on year to $165.6 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $925 million at the midpoint. Its GAAP loss of $0.33 per share was also 3.1% below analysts’ consensus estimates.
Sinclair (NASDAQ:SBGI) Misses Q3 Revenue Estimates
Television broadcasting and media company Sinclair (NASDAQ:SBGI) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 19.6% year on year to $917 million. Next quarter’s revenue guidance of $1.01 billion underwhelmed, coming in 2.4% below analysts’ estimates. Its GAAP profit of $1.43 per share was 41.4% above analysts’ consensus estimates.
SolarEdge (NASDAQ:SEDG) Misses Q3 Sales Targets, Stock Drops 17.2%
Solar power systems company SolarEdge (NASDAQ:SEDG) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 64% year on year to $260.9 million. Next quarter’s revenue guidance of $190 million underwhelmed, coming in 38.9% below analysts’ estimates. Its non-GAAP loss of $15.33 per share was also 837% below analysts’ consensus estimates.
Workiva (NYSE:WK) Beats Q3 Sales Targets, Stock Soars
Financial and compliance reporting software company Workiva (NYSE:WK) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 17.4% year on year to $185.6 million. Guidance for next quarter’s revenue was better than expected at $195 million at the midpoint, 1.4% above analysts’ estimates. Its non-GAAP profit of $0.21 per share was 9.1% below analysts’ consensus estimates.
Qualcomm (NASDAQ:QCOM) Beats Q3 Sales Targets, Stock Soars
Wireless chipmaker Qualcomm (NASDAQ:QCOM) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 18.7% year on year to $10.24 billion. Guidance for next quarter’s revenue was optimistic at $10.9 billion at the midpoint, 2.7% above analysts’ estimates. Its non-GAAP profit of $2.69 per share was also 4.7% above analysts’ consensus estimates.