Conveyorized car wash service company Mister Car Wash (NYSE:MCW) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 9.1% year on year to $251.2 million. On the other hand, the company’s full-year revenue guidance of $1.05 billion at the midpoint came in 2.3% below analysts’ estimates. Its non-GAAP profit of $0.09 per share was 25.1% above analysts’ consensus estimates.
Exact Sciences’s (NASDAQ:EXAS) Q4: Beats On Revenue
Diagnostic company Exact Sciences Corporation (NASDAQ:EXAS) announced better-than-expected revenue in Q4 CY2024, with sales up 10.3% year on year to $713.4 million. The company expects the full year’s revenue to be around $3.06 billion, close to analysts’ estimates. Its non-GAAP loss of $0.06 per share was 67.9% above analysts’ consensus estimates.
BioMarin Pharmaceutical (NASDAQ:BMRN) Reports Bullish Q4, Stock Soars
Biotech company BioMarin Pharmaceutical (NASDAQ:BMRN) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 15.6% year on year to $747.3 million. The company’s full-year revenue guidance of $3.15 billion at the midpoint came in 1.5% above analysts’ estimates. Its non-GAAP profit of $0.92 per share was 24.6% above analysts’ consensus estimates.
Grand Canyon Education’s (NASDAQ:LOPE) Q4 Sales Top Estimates, Quarterly Revenue Guidance Slightly Exceeds Expectations
Higher education company Grand Canyon Education (NASDAQ:LOPE) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 5.1% year on year to $292.6 million. The company expects next quarter’s revenue to be around $287 million, coming in 0.5% above analysts’ estimates. Its GAAP profit of $2.84 per share was 1% below analysts’ consensus estimates.
Defunct crypto exchange FTX begins to repay customers—but they’ll only get back a fraction of their crypto holdings
Affected customers with claims of less than $50,000 can access their funds through Kraken or BitGo.
Amplitude (NASDAQ:AMPL) Exceeds Q4 Expectations, Stock Soars
Data analytics software provider Amplitude (NASDAQ:AMPL) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 9.4% year on year to $78.13 million. Guidance for next quarter’s revenue was optimistic at $79.5 million at the midpoint, 2.3% above analysts’ estimates. Its non-GAAP profit of $0.02 per share was in line with analysts’ consensus estimates.
Churchill Downs (NASDAQ:CHDN) Surprises With Q4 Sales
Racing, gaming, and entertainment company Churchill Downs (NASDAQ:CHDN) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 11.2% year on year to $624.2 million. Its non-GAAP profit of $0.92 per share was 4.3% below analysts’ consensus estimates.
FHA job cuts threaten to disrupt major piece of US mortgage market
Staffing cuts at the FHA threaten to disrupt an agency that has historically insured more than 10% of the market.
Memecoin Craze Is 'Unquestionably Over' as Crypto Heads Towards Maturation, Nic Carter Says
The memecoin market, once pitched as a "fair launch" opportunity for traders, has been exposed as a rigged game, Carter said.
Treasuries Rise as Fed Minutes Reveal Discussion of Pausing Balance-Sheet Runoff
(Bloomberg) -- US Treasuries rose after the minutes from last month’s Federal Reserve meeting revealed policymakers discussed pausing or slowing the balance-sheet runoff until the government’s debt-ceiling drama is resolved.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Mill