News

Allison Transmission (NYSE:ALSN) Beats Q4 Sales Targets But Stock Drops

Transmission provider Allison Transmission (NYSE:ALSN) announced better-than-expected revenue in Q4 CY2024, with sales up 2.7% year on year to $796 million. On the other hand, the company’s full-year revenue guidance of $3.25 billion at the midpoint came in 3.7% below analysts’ estimates. Its GAAP profit of $2.01 per share was 5.4% above analysts’ consensus estimates.

Amazon tests sending customers directly to brands' websites when it doesn't stock their products

Remember that Christmas movie "Miracle on 34th Street," where Macy's in-store Santa, Kris Kringle, sends a frazzled shopper to a competitor's store to find the Christmas present her son wanted because Macy's was out of stock? Now Amazon is doing the same thing online. The retailer announced on Tuesday the test of a new Amazon Shopping feature that will redirect shoppers to other brands' websites if they search in the app for a particular product that Amazon doesn't carry. In the movie, the radic

Freshworks (NASDAQ:FRSH) Surprises With Q4 Sales, Stock Jumps 11.8%

Business software provider Freshworks (NASDAQ: FRSH) announced better-than-expected revenue in Q4 CY2024, with sales up 21.5% year on year to $194.6 million. The company expects next quarter’s revenue to be around $191.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.14 per share was 37.5% above analysts’ consensus estimates.

Angi (NASDAQ:ANGI) Delivers Impressive Q4, Stock Soars

Home services online marketplace ANGI (NASDAQ: ANGI) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 10.8% year on year to $267.9 million. Its GAAP loss of $0 per share was in line with analysts’ consensus estimates.

Teradata (NYSE:TDC) Misses Q4 Revenue Estimates, Stock Drops 12.5%

Data and analytics software provider Teradata (NYSE:TDC) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.5% year on year to $409 million. Next quarter’s revenue guidance of $432.5 million underwhelmed, coming in 1.6% below analysts’ estimates. Its non-GAAP profit of $0.53 per share was 22.1% above analysts’ consensus estimates.