Cloud computing provider DigitalOcean (NYSE: DOCN) announced better-than-expected revenue in Q4 CY2024, with sales up 13.3% year on year to $204.9 million. The company expects next quarter’s revenue to be around $208 million, close to analysts’ estimates. Its non-GAAP profit of $0.49 per share was 43.7% above analysts’ consensus estimates.
Shoals’s (NASDAQ:SHLS) Q4 Sales Top Estimates But Stock Drops
Solar energy systems company Shoals (NASDAQ:SHLS) announced better-than-expected revenue in Q4 CY2024, but sales fell by 18% year on year to $107 million. On the other hand, next quarter’s revenue guidance of $75 million was less impressive, coming in 25% below analysts’ estimates. Its non-GAAP profit of $0.08 per share was 16.7% below analysts’ consensus estimates.
AdaptHealth (NASDAQ:AHCO) Posts Better-Than-Expected Sales In Q4, Stock Soars
Healthcare services provider AdaptHealth Corp. (NASDAQ:AHCO) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales were flat year on year at $856.6 million. On the other hand, the company’s full-year revenue guidance of $3.29 billion at the midpoint came in 1.2% below analysts’ estimates. Its GAAP profit of $0.34 per share was 34.8% above analysts’ consensus estimates.
Middleby (NASDAQ:MIDD) Exceeds Q4 Expectations
Kitchen product manufacturer Middleby (NYSE:MIDD) announced better-than-expected revenue in Q4 CY2024, but sales were flat year on year at $1.01 billion. Its non-GAAP profit of $2.88 per share was 14.2% above analysts’ consensus estimates.
Novanta (NASDAQ:NOVT) Misses Q4 Sales Targets
Medicine and manufacturing technology provider Novanta (NASDAQ:NOVT) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 12.5% year on year to $238.1 million. Next quarter’s revenue guidance of $234 million underwhelmed, coming in 4.4% below analysts’ estimates. Its non-GAAP profit of $0.76 per share was 6.5% above analysts’ consensus estimates.
Metaplanet Acquires $12.9 Million in Bitcoin, Total Holdings Reach 2,235 BTC
Japanese investment firm Metaplanet announced on Tuesday that it has acquired an additional 135 Bitcoin, investing approximately $12.9 million in the top crypto.
Krispy Kreme (NASDAQ:DNUT) Misses Q4 Revenue Estimates, Stock Drops
Doughnut chain Krispy Kreme (NASDAQ:DNUT) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.4% year on year to $404 million. The company’s full-year revenue guidance of $1.6 billion at the midpoint came in 10.4% below analysts’ estimates. Its non-GAAP profit of $0.01 per share was 89.8% below analysts’ consensus estimates.
Analyst who predicted $4 for Dogecoin now warns of a massive crash: ‘If history repeats..’
Dogecoin's recent decline has analysts sounding the alarm, with Ali Martinez—who once predicted a $4 DOGE — now warning that a drop to $0.20 is possible.
Nasdaq touches over one-month low after weak consumer sentiment data
The tech-heavy Nasdaq led Wall Street declines on Tuesday, hitting a six-week low after fresh economic data indicated a deterioration in consumer sentiment and investors braced for the potential impact of tighter U.S. trade curbs on Beijing. A Conference Board report showed an index tracking consumer confidence stood at 98.3 in February compared with an estimate of 102.5, according to economists polled by Reuters. Investors also focused on a report that said the U.S. was planning further restrictions on Nvidia's chip exports to China and that Washington was consulting with allies about tightening chip controls on China.
Bond Market Confronts Prospect of Quick Boost to German Spending
(Bloomberg) -- A widely-watched gauge of the attractiveness of German debt fell to the most negative on record as policymakers discuss borrowing more to fund defense spending.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors Discover Ghent, the City Is Trying to Prevent a