News Gist .News

Articles | Politics | Finance | Stocks | Crypto | AI | Technology | Science | Gaming | PC Hardware | Laptops | Smartphones | Archive

Marqeta Reports Strong Q4 Sales, Stock Soars

Marqeta's (NASDAQ:MQ) Q4 sales beat estimates, with revenue growing 14.3% year-over-year to $135.8 million, surpassing Wall Street's expectations. The company's guidance for next quarter's revenue was also better than expected at $135.7 million. Marqeta's GAAP loss of $0.05 per share was in line with analysts' consensus estimates.

See Also

MongoDB Exceeds Earnings Expectations But Stock Drops Δ1.82

Database software company MongoDB (MDB) beat Wall Street's revenue expectations in Q4 CY2024, with sales up 19.7% year on year to $548.4 million. The company expects next quarter's revenue to be around $526.5 million, close to analysts' estimates. Its non-GAAP profit of $1.28 per share was 91.1% above analysts' consensus estimates.

Marqeta, Inc. (MQ) Faces Hedge Fund Bullishness Over Cash-Rich Status Δ1.80

Marqeta, Inc. is gaining attention from hedge funds due to its substantial cash reserves and low trading price, making it an attractive investment opportunity. As a result of this increased interest, the company's stock has seen significant fluctuations in value. The current bullish sentiment towards Marqeta, Inc. may be driven by investors seeking high returns with minimal upfront investment.

Ionq, Inc. Forecasts us$85.4m Revenue Growth in 2025 Δ1.78

IonQ, Inc. (NYSE:IONQ) has updated its statutory forecasts following its latest yearly results, with analysts now expecting revenues of US$85.4m in 2025, representing a 98% improvement from the last 12 months. This significant acceleration in growth is expected to result in a substantial narrowing of loss per share, projecting a reduction of 25% to US$1.15. The updated forecast underscores the company's projected outperformance against its industry peers.

Nvidia's Market Cap Falls After Record Quarter Δ1.77

Nvidia's stock was up by around 1.4% during morning trading on Friday at around $121 per share, leaving the firm with a roughly $2.9 trillion market cap, despite delivering another record quarter with revenue of $39.3 billion for its fiscal fourth quarter — a 78% increase from the previous year, and above the consensus of $38.1 billion. However, unimpressed investors were left wanting more after the company's shares fell in early trading on Thursday. The chipmaker's track record of beating expectations may be working against it as the market seeks more substantial growth.

Beacon Roofing Supply's Q4 Earnings & Sales Miss, Cash Flow Hits New High Δ1.77

Beacon Roofing Supply's fourth-quarter 2024 results reflect investments in technology, acquisitions, and operational improvements amid weakness in residential roofing. The company delivered record fourth-quarter and full-year sales in 2024, along with its highest-ever fourth-quarter adjusted EBITDA, despite economic challenges like inflation and a weak housing market. Beacon's Ambition 2025 plan has driven consistent growth, with 16 consecutive quarters of year-over-year sales increases.

Caq Holdings Full Year 2024 Earnings: Share Price Remains Stable Despite Profitable Loss Δ1.77

CAQ Holdings' Full Year 2024 Results Key Financial Results Net loss: AU$3.83m (loss widened by 22% from FY 2023). AU$0.005 loss per share (further deteriorated from AU$0.004 loss in FY 2023). The company's profitability may be impacted by the significant increase in operating expenses.

Nvidia Struggles to Meet Investor Expectations Δ1.77

Nvidia's fourth-quarter report delivered strong revenue growth, exceeding Wall Street estimates with $39.3 billion in sales, but its forecast for gross margin fell short, raising concerns about pricing pressure and competition. The company's stock price plummeted 8.5% on Thursday after the announcement, a decline that has left investors questioning whether the market is still optimistic about Nvidia's prospects. Despite beating expectations, the chipmaker's performance was unable to satisfy investors, leaving its market capitalization below $3 trillion.

Analyst Forecasts Just Became More Bearish on Merus N.v. (Nasdaq:mrus) Δ1.76

Merus N.V.'s (NASDAQ:MRUS) near-term forecasts have taken a significant hit, with analysts slashing their revenue estimates and expecting losses to balloon. The most recent consensus from 17 analysts now predicts revenues of US$42m in 2025, a 17% increase on the past 12 months, accompanied by a sharp rise in losses per share. Despite this, the forecast price target remains unchanged at US$86.19.

Marchex Full Year 2024 Earnings: EPS Misses Expectations Δ1.76

Marchex reported a revenue of $48.1 million for the full year 2024, reflecting a 3.6% decline from the previous year, while net losses narrowed to $4.95 million. Despite these figures being largely in line with analyst estimates, the company's earnings per share missed expectations by 10%. Looking ahead, Marchex anticipates a modest revenue growth of 1.3% per annum over the next two years, lagging behind the broader media industry's forecasted growth of 2.7%.

MongoDB Stock Crashed on Thursday Δ1.76

MongoDB's stock plummeted by 20.3% following the announcement of its Q4 2024 earnings, which, despite surpassing expectations, were overshadowed by disappointing guidance for 2025. The company reported a decline in gross profit margin and a significant drop in free cash flow, raising concerns about its financial health moving forward. Investors reacted negatively to the forecast of lower sales and earnings, signaling a potential downturn in the company's growth trajectory.

Tech Sell-Off Gains Momentum as Nasdaq 100 Breaks 200-Day Moving Average Δ1.76

The tech sell-off has accelerated, with top performers like Amazon, Nvidia, and Tesla experiencing significant declines. The Nasdaq 100 (^NDX) has broken its key 200-day moving average for the first time in nearly two years, signaling a shift in investor sentiment towards more defensive sectors. The prolonged uptrend, which spanned 497 days, was marked by a 73% return, but the latest downturn raises concerns about the broader market's resilience.

Nvidia (NVDA) Stock Is Slipping Today Δ1.76

Nvidia's 1% pullback today follows Morningstar's assertion that the stock is "fairly valued," with two technical analysts cautioning about its shares in statements to Yahoo Finance. The research firm expects the company's revenue growth to slow to 21% during its next fiscal year, citing a potential slowdown in demand for AI chips starting in 2026. This assessment contrasts with Morningstar's fair value estimate of $130.

Amrep Third Quarter 2025 Earnings Outperform Expectations Δ1.76

AMREP reported a third-quarter revenue of US$7.52m, down 41% from the same period last year, and net income of US$717.0k, up by US$625.0k from 3Q 2024. The increase in margin was driven by lower expenses, with profit margins rising to 9.5%, up from 0.7% in 3Q 2024. Earnings per share (EPS) grew to US$0.14, beating analyst expectations.

Par Technology Full Year 2024 Earnings: Eps Beats Expectations, Revenues Lag Δ1.76

PAR Technology's full year 2024 earnings beat analyst expectations, but revenue missed estimates by 16%, with a net loss widening by 29% from the previous year. The company's shares have increased by 10% over the past week, driven by its strong EPS performance. However, the revenue decline and widening losses raise concerns about the company's financial health.

Redwire (RDW) Reports Q4: Everything You Need To Know Ahead Of Earnings Δ1.76

Redwire, an aerospace and defense company, will report its fourth-quarter earnings tomorrow afternoon. The company has struggled with revenue expectations in recent quarters, missing analyst estimates by 2.8% last quarter. Redwire's Q4 earnings are expected to show a 17.4% year-over-year increase in revenue to $74.55 million.

ModivCare Full Year 2024 Earnings: EPS Misses Expectations Δ1.76

ModivCare's full year 2024 earnings missed analyst estimates by a significant margin, with the company reporting a net loss of US$201.3m, narrower than the previous year's loss of US$214.9m. Revenue grew 1.3% to US$2.79b, driven primarily by its NEMT segment, but the impact on earnings was substantial due to high cost of sales. The company's shares have declined 17% from a week ago.

Asana (ASAN) Reports Q4: Everything You Need To Know Ahead Of Earnings Δ1.76

Asana is set to release its Q4 earnings report, with analysts predicting a revenue increase of 10% year-on-year to $188.2 million, although this marks a slowdown from the previous year's growth. The company has consistently outperformed revenue estimates, adding 661 new enterprise customers last quarter, which reflects its robust market presence. Comparisons with peers like Atlassian and Monday.com suggest a competitive landscape, as these companies have reported strong growth figures, potentially influencing market expectations for Asana.

Aurinia Pharmaceuticals Inc. Exceeded Expectations And The Consensus Has Updated Its Estimate Δ1.76

Aurinia Pharmaceuticals Inc.'s (NASDAQ:AUPH) annual results exceeded expectations, with a statutory profit of US$0.04 per share, 54% above forecasts. The company's revenue growth is expected to slow down substantially, with analysts forecasting 10.0% growth on an annualized basis for the end of 2025. This is significantly lower than the historical growth rate of 47% over the past five years and the industry average of 20% per year.

Nvidia Stock Sell-Off May Fuel Up to 15,375 Surge Wall Street Experts Say Δ1.76

In the latest moves by prominent hedge fund managers, several sold Nvidia stock and bought the iShares Bitcoin Trust exchange-traded fund in the fourth quarter, indicating potential portfolio diversification strategies. Nvidia's strong financial results, including a 78% revenue increase and 71% non-GAAP net income growth, have been overshadowed by its stock price decline due to concerns over pricing power and supply chain issues. Despite this, analysts remain optimistic about the company's prospects.

Marvell Technology (NASDAQ:MRVL) Q4 Sales Beat Estimates But Stock Drops 13.3% Δ1.76

Marvell Technology reported a 27.4% year-on-year increase in Q4 sales, reaching $1.82 billion, surpassing analyst expectations. Despite the strong revenue growth and positive guidance for the next quarter, the stock experienced a significant drop of 13.3%, largely attributed to a miss in adjusted EBITDA projections. The company’s ongoing transition towards high-margin data processing and networking chips highlights the evolving landscape of the semiconductor industry amid increasing demand for advanced technologies.

BJ'S Wholesale Club Posts Q4 Earnings Above Street View Due To Strong Membership Fee Δ1.76

BJ’s Wholesale Club Holdings, Inc (NYSE:BJ) shares are trading higher in premarket on Thursday after the fourth-quarter earnings. The company reported a fourth-quarter revenue decline of 1.4% year-on-year to $5.28 billion, beating the analyst consensus estimate of $5.27 billion.Total comparable club sales increased by 4%, with digitally enabled comparable sales climbing 26%.Membership fee income increased by 7.9% to $117 million.Selling, general and administrative expenses increased 2.3% to $758.2 million.

Broadcom’s (NASDAQ:AVGO) Q4 Sales Top Estimates, Stock Soars Δ1.76

Fabless chip and software maker Broadcom reported impressive Q4 CY2024 results, with sales reaching $14.92 billion, surpassing market expectations by 2.1% and reflecting a 24.7% year-on-year growth. The company’s guidance for the next quarter also exceeded forecasts, particularly in AI semiconductor solutions and infrastructure software, which saw significant revenue increases. Broadcom's sustained growth trajectory, with a compounded annual growth rate of 19.2% over the past five years, underscores its competitive strength in the semiconductor industry.

Mooreast Holdings Full Year 2024 Earnings: s$0.009 Loss per Share (vs s$0.007 Loss in Fy 2023) Δ1.76

Mooreast Holdings's full-year 2024 earnings report reveals a significant deterioration in the company's financial performance, with revenue decreasing by 13% year-over-year and net losses widening by 25%. The company's shares have surged 18% from last week, but this move may be driven more by speculation than by a strong underlying recovery. The loss per share has further increased to S$0.009, highlighting the need for substantial financial support.

Vinci Partners Investments Posts Strong Q4 2024 Results Despite Earnings Miss Δ1.76

Vinci Partners Investments (NASDAQ:VINP) reported a revenue increase of 32% year-over-year, beating analyst estimates by 16%. However, the company's earnings per share (EPS) missed expectations by 45%, indicating that the growth in revenue was not fully translated into profits. The decline in profit margin to 20% from 49% in the previous year was largely driven by higher expenses.

GitLab Q4 Earnings Loom: Industry Implications in Focus Δ1.75

GitLab's upcoming earnings report will be closely watched by investors and analysts alike. Here’s what to look for.GitLab beat analysts’ revenue expectations by 4.3% last quarter, reporting revenues of $196 million, up 31% year on year. It was a strong quarter for the company, with EPS guidance for next quarter exceeding analysts’ expectations and a solid beat of analysts’ EBITDA estimates.Is GitLab's growth sustainable as it expands its offerings to stay competitive in the rapidly evolving software development tools market?