Spectrum Brands +12% After Q2 Results – Read Why
Spectrum Brands' shares surge after beating Q2 earnings estimates, driven by increased adjusted EPS and gross profit margins.
SolarEdge’s Q1 Results Cast Shadow With Revenue Decline, But CEO Remains Optimistic
SolarEdge Technologies, Inc. (NASDAQ: SEDG) announced its first quarter FY24 results, with revenues of $204.4 million and a net loss of $(1.90) per share. The company also repurchased shares and expects improvement in revenues as installations increase and new products are released.
BigCommerce Posts Impressive Q1 Results, CEO Anticipates ‘Additional Growth Momentum’
BigCommerce CEO Brent Bellm says anticipates "additional growth momentum" from new Catalyst storefront technology and 100-pkus new products.
Shift4 Surges In Subscription, Payments Revenue Despite Falling Short Of Q1 Expectations
Shift4 Payments reported fiscal first-quarter 2024 gross revenue growth of 29% year-on-year to $707.4 million.
What’s Going On With Data Center REIT Equinix Stock Today?
Equinix, Inc. reported Q1 FY24 results with revenues up 6%, adjusted EBITDA up to $992M, and a quarterly dividend of $4.26. President and CEO sees potential in digital initiatives driving growth. Gain exposure with Pacer Data & Infrastructure Real Estate ETF.
Himax Tech CEO Calls Q1 Low Point, Foresees Sales Surge in Automotive Sector
Himax Technologies, Inc reported Q1 2024 revenue decline of 15.0% Y/Y to $207.55M, beating estimates. Gross margin was 29.3%. EPS was $0.07, higher than expected. Q2 guidance: 8.0-13.0% revenue growth, gross margin 31.5-33.5%, EPS $0.13-$0.17. Dividend of $0.29 declared. Stock up 6.51% premarket.
US Foods’ Q1 Growth Beats Estimates, Outlook Remains Appetizing
US Foods Holding beats Q1 FY24 sales estimates, with a 4.7% year-on-year growth to $8.95 billion, driven by a 4.2% rise in total case volume and a 4.6% surge in independent restaurant case volume.
Why Is Hyatt Hotels Stock Sliding Today?
Hyatt Hotels reports Q1 sales growth of 2%, surpassing analyst estimates. Comparable RevPAR rises by 5.5%, reflecting strong performance. Adjusted EBITDA dips by 5.9% to $252 million, while adjusted EPS falls short at $0.71.
Planet Fitness Feels The Burn: Lowers Outlook Amid Tough Q1, Eyes Recovery
Planet Fitness shares rise despite Q1 earnings missing estimates, with revenue and adjusted EBITDA showing growth, though outlook dims.
EPAM Systems Faces Rough Waters Ahead; Stock Tanks
EPAM Systems, shares drop after reporting Q1 FY24 results. Sales declined to $1.17B, beating estimates. Adjusted EPS of $2.46 beat consensus.