Barrick Gold reported first-quarter revenue of $2.747 billion (+4% Y/Y), which is in line with the consensus. Gold production stood at 940 thousand ounces (-1% Y/Y), and gold sales were 910 thousand ounces (-5% Y/Y).
Garmin reported Q1 2024 results with 20% revenue growth, beating consensus. Fitness, Outdoor, Marine, and Auto segments all saw growth. Dividend and FY24 outlook were reiterated.
Discover GSK's first-quarter performance, boasting a 10% Y/Y sales surge to £7.4 billion. Notable growth in Vaccines and Specialty Medicines, propelled by strong demand for Arexvy and Shingrix. Expectations soar with raised 2024 EPS and sales forecasts.
Total revenues increased nearly 23% on a year-over-year basis. Pinterest's global monthly active users increased 12% year-over-year to an all-time high of 518 million. Average revenue per user grew 10% year-over-year to $1.46.
Amazon beats Q1 revenue estimates, driven by strong performance in AWS and international business. JPMorgan analyst sees potential for profit growth through increased margins and GenAI services.
Amazon shares are trading higher Wednesday after the company reported better-than-expected financial results for the first quarter. Multiple analysts also raised price targets on the stock following the print.