Latest Stories
Power Integrations (NASDAQ:POWI) Beats Q3 Sales Targets But Quarterly Guidance Underwhelms
Semiconductor designer Power Integrations (NASDAQ:POWI) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 7.7% year on year to $115.8 million. On the other hand, next quarter’s revenue guidance of $105 million was less impressive, coming in 11.9% below analysts’ estimates. Its non-GAAP profit of $0.40 per share was 11.3% above analysts’ consensus estimates.
Health Catalyst (NASDAQ:HCAT) Posts Q3 Sales In Line With Estimates
Healthcare software provider Health Catalyst (NASDAQ:HCAT) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 3.5% year on year to $76.35 million. The company expects next quarter’s revenue to be around $81 million, close to analysts’ estimates. Its non-GAAP profit of $0.07 per share was 25.4% below analysts’ consensus estimates.
Upwork (NASDAQ:UPWK) Posts Better-Than-Expected Sales In Q3, Provides Encouraging Full-Year Guidance
Online work marketplace Upwork (NASDAQ:UPWK) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 10.3% year on year to $193.8 million. Guidance for next quarter’s revenue was optimistic at $180.5 million at the midpoint, 2.7% above analysts’ estimates. Its non-GAAP profit of $0.29 per share was also 13.9% above analysts’ consensus estimates.
Duolingo’s (NASDAQ:DUOL) Q3: Beats On Revenue But Stock Drops
Language-learning app Duolingo (NASDAQ:DUOL) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 39.9% year on year to $192.6 million. Guidance for next quarter’s revenue was better than expected at $204 million at the midpoint, 1.2% above analysts’ estimates. Its GAAP profit of $0.49 per share was also 37% above analysts’ consensus estimates.
Why Is Emerson Electric (EMR) Stock Rocketing Higher Today
Shares of engineering and automation solutions company Emerson (NYSE:EMR) jumped 8.3% in the afternoon session after stocks rallied as Republican party candidate Donald Trump was declared the winner of the 2024 US presidential election. For industrials stocks, President-elect Trump is considered more pro-business and a defender of American industrial interests. This could generally lead to a more robust capital expenditures and investment environment.
Why Plug Power (PLUG) Shares Are Trading Lower Today
Shares of fuel cell technology Plug Power (NASDAQ:PLUG) fell 25% in the morning session after renewable energy stocks declined as Republican party candidate Donald Trump was declared the winner of the 2024 US presidential election.
Why First Solar (FSLR) Stock Is Trading Lower Today
Shares of solar panel manufacturer First Solar (NASDAQ:FSLR) fell 16.1% in the morning session after renewable energy stocks declined as Republican party candidate Donald Trump was declared the winner of the 2024 US presidential election.
Why Is FTAI Aviation (FTAI) Stock Rocketing Higher Today
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 7% in the afternoon session after stocks rallied as Republican party candidate Donald Trump was declared the winner of the 2024 US presidential election. For industrials stocks, President-elect Trump is considered more pro-business and a defender of American industrial interests. This could generally lead to a more robust capital expenditures and investment environment
Why Is PACCAR (PCAR) Stock Rocketing Higher Today
Shares of trucking company PACCAR (NASDAQ:PCAR) jumped 7.8% in the afternoon session after stocks rallied as Republican party candidate Donald Trump was declared the winner of the 2024 US presidential election. For industrials stocks, President-elect Trump is considered more pro-business and a defender of American industrial interests. This could generally lead to a more robust capital expenditures and investment environment.
Why Are United Rentals (URI) Shares Soaring Today
Shares of equipment rental company United Rentals (NYSE:URI) jumped 11.4% in the afternoon session after stocks rallied as Republican party candidate Donald Trump was declared the winner of the 2024 US presidential election. For industrials stocks, President-elect Trump is considered more pro-business and a defender of American industrial interests. This could generally lead to a more robust capital expenditures and investment environment.