News

EV charging infrastructure provider Blink Charging (NASDAQ:BLNK) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 29.3% year on year to $30.18 million. Its non-GAAP loss of $0.15 per share was 6.3% above analysts’ consensus estimates.

Boutique fitness studio franchisor Xponential Fitness (NYSE:XPOF) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 7.7% year on year to $83.22 million. On the other hand, the company’s full-year revenue guidance of $320 million at the midpoint came in 6.6% below analysts’ estimates. Its non-GAAP loss of $0.19 per share was significantly below analysts’ consensus estimates.

US stock markets fell today on Wall Street as Donald Trump threatened to impose 200pc tariffs on French wine and alcoholic drinks.

Pangaea Logistics (NASDAQ:PANL) announced better-than-expected revenue in Q4 CY2024, with sales up 11.6% year on year to $147.2 million. Its non-GAAP profit of $0.16 per share was 5.9% below analysts’ consensus estimates.

Semiconductor company Semtech (NASDAQ:SMTC) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 30.1% year on year to $251 million. On the other hand, next quarter’s revenue guidance of $250 million was less impressive, coming in 2.5% below analysts’ estimates. Its non-GAAP profit of $0.40 per share was 25.6% above analysts’ consensus estimates.

IT incident response platform PagerDuty (NYSE:PD) announced better-than-expected revenue in Q4 CY2024, with sales up 9.3% year on year to $121.4 million. On the other hand, next quarter’s revenue guidance of $119 million was less impressive, coming in 1.9% below analysts’ estimates. Its non-GAAP profit of $0.22 per share was 36% above analysts’ consensus estimates.

Foodservice packaging supplier Karat Packaging (NASDAQ:KRT) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 6.3% year on year to $101.6 million. On the other hand, the company expects next quarter’s revenue to be around $102.3 million, close to analysts’ estimates. Its non-GAAP profit of $0.29 per share was 18.7% below analysts’ consensus estimates.

The confirmation that the S&P 500 has fallen into a correction marks a significant shift in market sentiment as the index - widely considered the best gauge of large U.S. companies and broader stock market health - joins the Nasdaq in showing signs of deepening investor concerns over trade tensions. Wall Street's latest decline came after U.S. President Donald Trump said he would levy a 200% duty on European wine and cognac imports unless the EU removes surcharges on U.S. whiskey. The S&P 500 ended the session at 5,521.52 points.

Clothing and footwear retailer Zumiez (NASDAQ:ZUMZ) met Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $279.2 million. The company expects next quarter’s revenue to be around $181 million, coming in 2% above analysts’ estimates. Its GAAP profit of $0.78 per share was in line with analysts’ consensus estimates.

E-signature company DocuSign (DOCU) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 9% year on year to $776.3 million. On the other hand, next quarter’s revenue guidance of $747 million was less impressive, coming in 1.4% below analysts’ estimates. Its non-GAAP profit of $0.86 per share was in line with analysts’ consensus estimates.