Medical device company CooperCompanies (NASDAQ:COO) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 3.6% year on year to $964.7 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $4.12 billion at the midpoint. Its non-GAAP profit of $0.92 per share was in line with analysts’ consensus estimates.
Recreational products manufacturer American Outdoor Brands (NASDAQ:AOUT) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 9.5% year on year to $58.51 million. The company expects the full year’s revenue to be around $208.5 million, close to analysts’ estimates. Its GAAP profit of $0.01 per share was significantly above analysts’ consensus estimates.
Internet of Things company Samsara (NYSE:IOT) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 25.3% year on year to $346.3 million. On the other hand, next quarter’s revenue guidance of $351 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.11 per share was 55.7% above analysts’ consensus estimates.
Refrigerant services company Hudson Technologies (NASDAQ:HDSN) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 22.8% year on year to $34.64 million. Its GAAP loss of $0.06 per share was $0.03 below analysts’ consensus estimates.
Enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 16.3% year on year to $7.85 billion. On the other hand, next quarter’s revenue guidance of $7.4 billion was less impressive, coming in 6.4% below analysts’ estimates. Its non-GAAP profit of $0.49 per share was in line with analysts’ consensus estimates.
Liberals and government employees aren’t the only people angry with Elon Musk. Tesla’s plunging share price means many investors are angry, too.
Online payroll and human resource software provider Asure (NASDAQ:ASUR) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.2% year on year to $30.79 million. On the other hand, next quarter’s revenue guidance of $34 million was less impressive, coming in 4.7% below analysts’ estimates. Its GAAP loss of $0.12 per share was significantly below analysts’ consensus estimates.
(Bloomberg) -- Federal Reserve Governor Christopher Waller said he wouldn’t support lowering interest rates in March, but sees room to cut two, or possibly three, times this year.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year Low“I
Tesla stock sank Thursday after Baird lowered its price target on the EV maker.
(Bloomberg) -- Just two weeks ago, high-flying mega-tech stocks and their chipmaking cousins were powering the Nasdaq 100 Index to yet another record. Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NJ College to Merge With State School After Financial StressHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowIt was the 53rd all-time high
