Insulin delivery company Insulet Corporation (NASDAQ:PODD) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 17.2% year on year to $597.5 million. Guidance for next quarter’s revenue was better than expected at $545.5 million at the midpoint, 0.7% above analysts’ estimates. Its non-GAAP profit of $1.15 per share was 12.6% above analysts’ consensus estimates.
Sprouts (NASDAQ:SFM) Surprises With Q4 Sales
Grocery store chain Sprouts Farmers Market (NASDAQ:SFM) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 17.5% year on year to $2.00 billion. Its non-GAAP profit of $0.79 per share was 7.5% above analysts’ consensus estimates.
CarGurus (NASDAQ:CARG) Misses Q4 Sales Targets, Stock Drops
Online auto marketplace CarGurus (NASDAQ:CARG) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.4% year on year to $228.5 million. Next quarter’s revenue guidance of $226 million underwhelmed, coming in 5.2% below analysts’ estimates. Its non-GAAP profit of $0.55 per share was 6.2% above analysts’ consensus estimates.
Stocks Fall on Walmart’s Warning as Big Banks Sink: Markets Wrap
(Bloomberg) -- Stocks fell from all-time highs as a disappointing forecast from the world’s largest retailer added to concern about the economy’s main engine.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyWalmart Inc., the first big-box retaile
Akamai (NASDAQ:AKAM) Reports Q4 In Line With Expectations But Stock Drops
Web content delivery and security company Akamai (NASDAQ:AKAM) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 2.5% year on year to $1.02 billion. On the other hand, next quarter’s revenue guidance of $1.01 billion was less impressive, coming in 3.1% below analysts’ estimates. Its non-GAAP profit of $1.66 per share was 9% above analysts’ consensus estimates.
MercadoLibre’s (NASDAQ:MELI) Q4 Sales Top Estimates, Stock Jumps 12.3%
Latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) announced better-than-expected revenue in Q4 CY2024, with sales up 37.4% year on year to $6.06 billion. Its GAAP profit of $12.61 per share was 66.8% above analysts’ consensus estimates.
Dropbox’s (NASDAQ:DBX) Q4: Beats On Revenue But Customer Growth Slows Down
Cloud storage and e-signature company Dropbox (Nasdaq: DBX) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 1.4% year on year to $643.6 million. Its non-GAAP profit of $0.73 per share was 16.8% above analysts’ consensus estimates.
Robinhood’s crypto wallet serves as ‘a gateway to DeFi,’ says Johann Kerbrat
Robinhood’s crypto wallet is simplifying access to DeFi, offering users a seamless transition from centralized finance to Web3.
Dow falls 450 points as inflation and tariff fears hit Main Street
US stocks fell Thursday after the world’s largest retailer warned that 2025 would be a rollercoaster ride and said it expected sales to slow this year amid fears that consumers are tapped out.
Buffett’s Annual Letter May Give Much Needed Support to Japanese Stocks
(Bloomberg) -- Investors in Japanese stocks are keeping a close watch out for Warren Buffett’s annual letter to shareholders in the hopes that it will provide a boost to the country’s trading houses.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid Scruti