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Sales intelligence platform ZoomInfo beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 2.3% year on year to $309.1 million. Guidance for next quarter’s revenue was better than expected at $295.5 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $0.26 per share was 14.8% above analysts’ consensus estimates.

(Bloomberg) -- With frothy corners of the US stock market under duress as investors grow concerned about the economy and the threat from inflation, Wall Street bulls are finding little solace in the one area that’s been unshakable for two years: megacap tech.Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim

Solar panel manufacturer First Solar (NASDAQ:FSLR) announced better-than-expected revenue in Q4 CY2024, with sales up 30.7% year on year to $1.51 billion. The company expects the full year’s revenue to be around $5.55 billion, close to analysts’ estimates. Its GAAP profit of $3.65 per share was 23.9% below analysts’ consensus estimates.

Krispy Kreme investors haven't warmed to the company's transformation strategy.

Aerospace and defense company AXON (NASDAQ:AXON) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 33.6% year on year to $575.1 million. The company’s full-year revenue guidance of $2.6 billion at the midpoint came in 1.8% above analysts’ estimates. Its non-GAAP profit of $2.08 per share was 48.2% above analysts’ consensus estimates.

(Bloomberg) -- A quick unwind in the shares of Tesla Inc. pushed the electric-vehicle maker’s market capitalization below the coveted $1 trillion-mark on Tuesday, amid reports of a stark slowdown in car sales in Europe. Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation ResearchShelters Awai

Fast-food chain Jack in the Box (NASDAQ:JACK) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 3.7% year on year to $469.4 million. Its non-GAAP profit of $1.92 per share was 13.8% above analysts’ consensus estimates.

Finance and HR software company Workday (NASDAQ:WDAY) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 15% year on year to $2.21 billion. Its non-GAAP profit of $1.92 per share was 8.1% above analysts’ consensus estimates.

Healthcare services company Agilon Health (NYSE:AGL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 44.2% year on year to $1.52 billion. On the other hand, next quarter’s revenue guidance of $1.5 billion was less impressive, coming in 12% below analysts’ estimates. Its GAAP loss of $0.26 per share was 14.8% below analysts’ consensus estimates.

Tax and accounting software provider, Intuit (NASDAQ:INTU) announced better-than-expected revenue in Q4 CY2024, with sales up 17% year on year to $3.96 billion. Guidance for next quarter’s revenue was better than expected at $7.58 billion at the midpoint, 1% above analysts’ estimates. Its GAAP profit of $1.67 per share was 98.1% above analysts’ consensus estimates.