Latest Stories
MRC Global (NYSE:MRC) Reports Q3 In Line With Expectations
Fluid and gas handling company MRC (NYSE:MRC) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 10.2% year on year to $797 million. Its non-GAAP profit of $0.22 per share was 15.8% above analysts’ consensus estimates.
Microchip Technology (NASDAQ:MCHP) Posts Better-Than-Expected Sales In Q3 But Quarterly Guidance Underwhelms
Analog chipmaker Microchip Technology (NASDAQ:MCHP) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 48.4% year on year to $1.16 billion. On the other hand, next quarter’s revenue guidance of $1.06 billion was less impressive, coming in 10% below analysts’ estimates. Its non-GAAP profit of $0.46 per share was 6% above analysts’ consensus estimates.
B&G Foods (NYSE:BGS) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops 13.9%
Packaged foods company B&G Foods (NYSE:BGS) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 8.3% year on year to $461.1 million. The company’s full-year revenue guidance of $1.94 billion at the midpoint came in slightly below analysts’ estimates. Its non-GAAP profit of $0.13 per share was also 34.5% below analysts’ consensus estimates.
Coupang (NYSE:CPNG) Beats Q3 Sales Targets But Stock Drops
E-commerce platform Coupang (NYSE:CPNG) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 27.2% year on year to $7.87 billion. Its GAAP profit of $0.04 per share was also 289% above analysts’ consensus estimates.
Limbach (NASDAQ:LMB) Surprises With Strong Q3, Stock Jumps 16.8%
Building systems company Limbach (NASDAQ:LMB) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 4.8% year on year to $133.9 million. The company’s full-year revenue guidance of $530 million at the midpoint came in 2.1% above analysts’ estimates. Its GAAP profit of $0.62 per share was also 17% above analysts’ consensus estimates.
Qualys’s (NASDAQ:QLYS) Q3 Sales Top Estimates, Stock Jumps 17.7%
Cloud security and compliance software provider Qualys (NASDAQ:QLYS) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 8.4% year on year to $153.9 million. Guidance for next quarter’s revenue was better than expected at $156 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $1.56 per share was also 16.8% above analysts’ consensus estimates.
Latham (NASDAQ:SWIM) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops
Residential swimming pool manufacturer Latham (NASDAQ:SWIM) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 6.4% year on year to $150.5 million. The company’s full-year revenue guidance of $505 million at the midpoint came in 1.4% below analysts’ estimates. Its GAAP profit of $0.05 per share was 1.1% above analysts’ consensus estimates.
Grocery Outlet’s (NASDAQ:GO) Q3 Earnings Results: Revenue In Line With Expectations
Discount grocery store chain Grocery Outlet (NASDAQ:GO) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 10.4% year on year to $1.11 billion. On the other hand, the company’s full-year revenue guidance of $4.35 billion at the midpoint came in slightly below analysts’ estimates. Its non-GAAP profit of $0.28 per share was 3.4% above analysts’ consensus estimates.
Mercury Systems (NASDAQ:MRCY) Delivers Strong Q3 Numbers
Aerospace and defense company Mercury Systems (NASDAQ:MRCY) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 13% year on year to $204.4 million. Its non-GAAP profit of $0.04 per share was also 150% above analysts’ consensus estimates.
Revolve (NYSE:RVLV) Beats Q3 Sales Targets, Stock Soars
Online fashion retailer Revolve Group (NASDAQ: RVLV) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 9.9% year on year to $283.1 million. Its GAAP profit of $0.15 per share was also 58% above analysts’ consensus estimates.