Data warehouse-as-a-service Snowflake (NYSE:SNOW) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 27.4% year on year to $986.8 million. Its non-GAAP profit of $0.30 per share was 67.3% above analysts’ consensus estimates.
Online legal service provider LegalZoom (NASDAQ:LZ) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 1.9% year on year to $161.7 million. Guidance for next quarter’s revenue was better than expected at $177 million at the midpoint, 1% above analysts’ estimates. Its GAAP profit of $0.07 per share was in line with analysts’ consensus estimates.
Artificial intelligence (AI) software company C3.ai (NYSE:AI) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 26% year on year to $98.78 million. The company expects next quarter’s revenue to be around $108.6 million, close to analysts’ estimates. Its non-GAAP loss of $0.12 per share was 52% above analysts’ consensus estimates.
Diabetes technology company Tandem Diabetes Care (NASDAQ:TNDM) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 35% year on year to $282.6 million. The company expects next quarter’s revenue to be around $221.5 million, coming in 1.3% above analysts’ estimates. Its GAAP profit of $0.01 per share was significantly above analysts’ consensus estimates.
Clothing and accessories retailer Urban Outfitters (NASDAQ:URBN) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 9.4% year on year to $1.64 billion. Its non-GAAP profit of $1.04 per share was 9.3% above analysts’ consensus estimates.
Australia on Thursday approved Qatar Airways buying a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a challenge for national flag carrier Qantas that has long dominated Australian air routes. Qatar Airways in October proposed to buy the minority stake for an undisclosed amount after the federal government in 2023 denied the Middle Eastern carrier's requests to fly additional services into Sydney, Melbourne, Brisbane and Perth. Treasurer Jim Chalmers said the deal is expected to boost competition in the aviation sector and follows extensive talks by the government with industry, unions and other stakeholders.
Shares of shoe and apparel company Steven Madden (NASDAQ:SHOO) fell 8.4% in the afternoon session after the company reported weak fourth quarter 2024 results. Its EPS and full-year EPS guidance fell short. On the other hand, Steven Madden blew past analysts' revenue and EBITDA expectations this quarter. Looking ahead, management remains cautious about macroeconomic headwinds, particularly the impact of new tariffs, but expects its pending acquisition of Kurt Geiger to be a meaningful growth driv
Shares of optical retailer National Vision (NYSE:EYE) jumped 21.7% in the pre-market session after the company reported strong fourth quarter 2024 results: Revenue beat slightly, and EPS was just in line. New store openings and higher average ticket prices drove sales, although lower online sales and store closures offset some gains. Looking ahead, National Vision's full-year guidance was a bright spot, with both revenue and EPS outlook surpassing Wall Street's expectations. This outlook is lif
Shares of virtual events software company (NYSE:ONTF) fell 6.8% in the afternoon session after the company reported weak fourth quarter 2024 results: its full-year EPS guidance missed significantly and its EPS guidance for next quarter also fell short of Wall Street's estimates. Sales declined 6.8% year on year, reflecting lower demand for its virtual conference products. On the other hand, ON24 blew past analysts' EBITDA expectations this quarter, and next year's revenue guidance was robust. Ov
Shares of luxury furniture retailer Arhaus (NASDAQ:ARHS) fell 8.4% in the afternoon session after the company reported weak fourth-quarter 2024 results: its full-year EBITDA guidance missed significantly and its EBITDA guidance for next quarter fell short of Wall Street's estimates. Revenue growth was flat and comparable sales declined by 6.4%, reflecting weaker consumer demand. On the other hand, Arhaus beat analysts' EBITDA expectations this quarter and its gross margin outperformed Wall Stre