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Applied Materials Inc. dropped 5% to $175 after the software applications provider reported a 7% revenue growth in the first quarter ended January 26, but profit declined.

Revenue jumped 7% to $7.17 billion from $6.71 billion, net income declined 41% to $1.18 billion from $2.02 billion, and earnings per diluted share dropped 40% to $.145 from $2.41 a year ago.

For the second quarter, the company estimated revenue of $7.10 billion, compared to $6.65 billion a year ago, and non-GAAP diluted earnings per share of $2.30, compared to $2.09 a year earlier.

Non-GAAP gross margin is estimated at 48.4% in the second quarter, compared to 47.5% in the same quarter last year.


14 Feb, 2025

 

HubSpot Inc. surged 5.7% to $830.57 after the software company reported a 20% sales increase in the fourth quarter ending in December.

Revenue increased to $703.17 million from $581.91 million, net income swung to a profit of $4.93 million from a loss of $12.41 million, and earnings per diluted share rose to 9 cents from a loss of 25 cents a year ago.

For the first quarter of 2025, the company estimated revenue between $697.0 million and $699.0 million, up 13% from the same period in 2024, and non-GAAP earnings per share between $1.74 and $1.76, compared to diluted $1.68 a year ago.

Non-GAAP operating income is expected to be between $98.0 million and $99.0 million, representing a 14% operating profit margin.

For fiscal year 2025, revenue is guided between $2.98 billion and $2.99 billion, up 14% year over year, and non-GAAP earnings per share between $9.11 and $9.19, compared to diluted $8.12 a year ago.

Non-GAAP operating income is expected to be between $543.0 million and $547.0 million, representing an 18% operating profit margin.


13 Feb, 2025

 

MGM Resorts International gained 9.2% to $37.53 after the hospitality, sports, and entertainment company said revenue declined in the fourth quarter ending in December, despite the company’s strong annual performance in China.

Consolidated revenue decreased 1% to $4.3 billion, net income dropped to $157 million from $313 million, and earnings per diluted share fell to 52 cents from 92 cents a year ago.

While revenue in the Las Vegas Strip resorts declined in 2024, MGM China performed better, with an adjusted EBITDA rising to $1.09 billion from $866.89 million a year earlier.

The company repurchased over 33 million shares in 2024, reducing shares outstanding by more than 40% since 2021.

During the fourth quarter, MGM repurchased approximately 3 million shares for $121 million, and the remaining availability under the November 2023 repurchase plan was $826 million as of December 31, 2024.


13 Feb, 2025

 

Deere & Company dropped 4.7% to $454 after the agricultural machinery manufacturer reported lower-than-expected earnings in the first quarter of 2025 ending on January 26.

Revenue declined 30% to $8.51 billion from $12.18 billion, net income plunged 50% to $869 million from $1.75 billion, and earnings per diluted share dropped to $3.19 from $6.23 a year ago.

For fiscal 2025, the company estimated net income between $5.0 billion to $5.5 billion, compared to $7.1 billion a year ago.


13 Feb, 2025

 

Cisco Systems Inc. gained 6.5% to $66.62 after the networking company reported a 9% revenue increase in the second quarter of fiscal 2025 ending in January.

Revenue jumped to $14 billion from $12.8 billion, net income dropped 8% to $2.42 billion from $2.63 billion, and earnings per diluted share fell 6% to 61 cents from 65 cents a year ago.

The company proposed to pay a quarterly dividend of 41 cents per share on April 23 to stockholders on record as of April 3.

In addition, Cisco approved a $15 billion increase to the authorization of its stock repurchase program, with a total remaining amount of $17 billion.

During the second quarter, the company acquired Deeper Insights AI Ltd., a privately held AI services company.

Looking into the fiscal third quarter, Cisco estimated revenue between $13.9 billion and $14.1 billion, compared to $12.7 billion a year ago, and GAAP earnings per share between 57 cents and 61 cents, compared to 46 cents a year earlier.

For the full year 2025, the company guided revenue between $56.0 billion and $56.5 billion, compared to $53.8 billion a year ago, and GAAP earnings per share between $2.40 and $2.52, compared to $2.54 a year earlier.


13 Feb, 2025

 

Zillow Group Inc. dropped 6.3% to $80.90 despite the tech real estate marketplace company reporting better-than-expected results in the fourth quarter ending in December.

Revenue increased 17% to $554 million from $474 million, net loss shrank to $52 million from a loss of $73 million, and loss per diluted share shrank to 22 cents from 32 cents a year ago.

Fourth-quarter adjusted EBITDA was $112 million, or 20% of revenue, driven primarily by higher-than-expected residential sales and steady rental revenue.

For the first quarter of 2025, the company estimated revenue between $575 million and $590 million, compared to $529 million in the same quarter last year.


12 Feb, 2025

 

Marriott International Inc. gained 0.04% to $288.12 after the worldwide hotel operator reported revenue growth in the fourth quarter ending in December, but profit declined.

Revenue increased 5% to $6.43 billion from $6.09 billion, net income dropped 46% to $455 million from $848 million, and earnings per diluted share fell 43% to $1.63 from $2.87 a year ago.

Growth in the U.S. and Canada was 4.1%, and international markets expanded by 7.2% from a year ago.

At the end of the year, Marriott's worldwide development pipeline totaled nearly 3,800 properties and over 577,000 rooms.

The company returned over $4.4 billion to shareholders through dividends and share repurchases in 2024.

For the first quarter of 2025, Marriott estimated adjusted earnings per diluted share between $2.20 and $2.26, compared to $1.93 in the same quarter last year.


12 Feb, 2025

 

Shopify Inc. eased 0.1% to $123.45 after the Canada-based e-commerce company posted a 31% revenue growth in the fourth quarter ending in December.

Revenue increased to $2.81 billion from $2.14 billion, non-GAAP net income jumped to $1.29 billion from $657 million, and non-GAAP earnings per diluted share rose to 44 cents from 34 cents a year ago.

For fiscal 2025, the company estimated revenue growth at a mid-20% rate, compared to $8.88 billion in 2024, operating expense as a percentage of revenue between 41% and 42%, and stock-based compensation of $120 million.

Gross profit is expected to increase at a low-20% point from $4.47 billion a year ago, and compared to $3.51 billion in 2023.


12 Feb, 2025

 

S&P Global Inc. surged 4.9% to $540.51 after the provider of financial information and analytics reported strong revenue growth in the fourth quarter ending in December.

Revenue increased 14% to $3.59 billion from $3.15 billion, net income jumped 50% to $967 million from $644 million, and earnings per diluted share rose 56% to $2.85 from $1.83 a year ago.

For fiscal 2025, the company estimated revenue growth between 5% and 7%, compared to $14.21 billion in 2024, and earnings per diluted share between $14.20 and $14.45, compared to $12.35 last year.


12 Feb, 2025

 

DoorDash Inc. gained 5.7% to $204.11 after the online food delivery platform operator reported steady revenue growth in the fourth quarter ending in December.

Revenue jumped to $2.87 billion from $2.30 billion, net income swung to a profit of $141 million from a loss of $154 million, and earnings per diluted share rose to 34 cents from a loss of 39 cents a year ago.

Total orders increased 19% to $685 million from $574 million a year earlier.

DoorDash repurchased 2.1 million shares of its class A common stock for $224 million, under its $1.1 billion program, and in February 2025, the company’s board authorized the repurchase of up to $5.0 billion of the class A common stock.

For the first quarter of 2025, the company estimated adjusted EBITDA between $550 million and $600 million, compared to $371 million in the same quarter last year.

For fiscal 2025, the company estimated stock-based compensation expense between $1.1 billion and $1.2 billion and depreciation and amortization expense between $580 million and $600 million.


12 Feb, 2025

 

Coty Inc. dropped 2.4% to $6.61 after the cosmetics company reported slower sales in the second quarter of fiscal 2025 ending in December.

Revenue declined to $1.67 billion from $1.73 billion, net income fell to $23.7 million from $180.9 million, and earnings per diluted share dropped to 2 cents from 20 cents a year ago.

Sales in the company’s Prestige segment decreased 1% to $1.12 billion from $1.23 billion, and in Consumer Beauty revenue was down 8% to $553.8 million from $605.0 million a year earlier.

In the first half of 2025, the Europe, Middle East, and Africa region represented 49% of total sales, the Americas stake was 40%, and Asia Pacific took a 40% share.

In full year 2025, the company estimated declining sales in the low single digits percentage, impacted by a weakness in China and Travel Retail Asia. 

The company expects same-store sales in the second half of 2025 to drop between 1% and 2%.

 


11 Feb, 2025

 

Coca-Cola Company jumped 6.8% to $66.97 after the beverage maker’s fourth quarter revenue and earnings surpassed market expectations, driven by higher prices and a slight increase in case volumes.

Revenue increased 6% to $11.54 billion from $10.85 billion, net income jumped 11% to $2.19 billion from $1.97 billion, and earnings per diluted share rose 12% to 51 cents from 46 cents a year ago.

For fiscal year 2025, the company estimated organic revenue growth between 5% and 6% and comparable earnings per share growth between 2% and 3%, versus $2.88 in 2024.


11 Feb, 2025

 

Lattice Semiconductor Corp. surged 13.9% to $62.04 despite the maker of low-power field-programmable gate arrays reporting weak fourth-quarter results.

Revenue declined by 31.2% to $117.4 million from $170.6 million, net income slumped 83.3% to $16.5 million from $98.7 million, and earnings per diluted share dropped to 12 cents from 71 cents a year ago.

For the first quarter of 2025, the company estimated revenue between $115 million and $125 million, compared to $140.8 million in the same quarter last year, and non-GAAP earnings per share between 20 cents and 24 cents, compared to 29 cents a year ago.

The company’s board authorized the repurchase of an additional $100 million of its outstanding common stock through the end of December 2025.

The company has repurchased approximately 6 million shares since the fourth quarter of 2020, thereby reducing dilution by 4.3%.


11 Feb, 2025

 

Astera Labs Inc. dropped 4.5% to $98.65 despite the plug-and-play data network switches for artificial intelligence servers provider reporting strong fourth-quarter results.

Revenue increased to $141.1 million from $50.5 million, net income jumped to $24.7 million from $14.3 million, and earnings per diluted share rose to 14 cents from zero cents a year ago.

For the first quarter of 2025, the company estimated revenue between $151 million and $155 million, compared to $65.3 million in the same quarter last year, and GAAP earnings per diluted share between 3 cents and 4 cents, compared to a loss of $1.77 a year ago.


11 Feb, 2025

 

Vertex Pharmaceuticals Inc. dropped 0.4% to $467.98 after the biotech company posted lower income in the fourth quarter ending in December.

Revenue increased to $2.91 billion from $2.52 billion, net income dropped to $913.0 million from $968.8 million, and earnings per diluted share fell to $3.50 from $3.71 a year ago.

Revenue growth was primarily driven by the continued performance of TRIKAFTA/KAFTRIO, a prescription medicine used for cystic fibrosis treatment.

For fiscal 2025, the company estimated revenue between $11.75 billion and $12.0 billion, compared to $11.02 billion in 2024.


11 Feb, 2025