Palantir’s (PLTR) fourth quarter outlook came in above Wall Street’s expectations Monday despite some analyst concerns over impact from the ongoing US government shutdown. Palantir said it foresees revenue of just over $1.3 billion for the fourth quarter, ahead of the $1.2 billion projected by Wall Street analysts tracked by Bloomberg. The defense tech firm…
Shares of online education Stride (NYSE:LRN) fell 50.8% in the afternoon session after the company’s weak financial forecast overshadowed its third-quarter results. While Stride beat Wall Street’s expectations for the third quarter, with revenue up 12.7% year-over-year to $620.9 million and adjusted earnings per share of $1.52 significantly ahead of estimates, investors focused on the…
Home energy technology company Enphase (NASDAQ:ENPH) announced better-than-expected revenue in Q3 CY2025, with sales up 7.8% year on year to $410.4 million. On the other hand, next quarter’s revenue guidance of $330 million was less impressive, coming in 11.9% below analysts’ estimates. Its non-GAAP profit of $0.90 per share was 37.2% above analysts’ consensus estimates….
Computer processor maker Intel (NASDAQ:INTC) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 2.8% year on year to $13.65 billion. On the other hand, next quarter’s revenue guidance of $13.3 billion was less impressive, coming in 0.8% below analysts’ estimates. Its non-GAAP profit of $0.08 per share was significantly above analysts’ consensus…
Aerospace and defense company Redwire (NYSE:RDW) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 20.9% year on year to $61.76 million. On the other hand, the company’s full-year revenue guidance of $500 million at the midpoint came in 16.5% above analysts’ estimates. Its GAAP loss of $1.41 per share was…
Genetic testing company Myriad Genetics (NASDAQ:MYGN) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales were flat year on year at $213.1 million. The company’s full-year revenue guidance of $823 million at the midpoint came in 1.5% above analysts’ estimates. Its non-GAAP profit of $0.05 per share was significantly above analysts’ consensus…
Shares of global professional services company Accenture (NYSE:ACN) fell 7% in the afternoon session after the company reported weak first quarter 2025 (fiscal Q3) results: bookings in the quarter (a leading indicator of revenue) missed and EPS guidance was just in line. There were likely concerns about the sales pipeline as the number of new…