Snowflake Inc. (SNOW) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-21 22:16
Snowflake Inc. (SNOW) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.30, delivering a surprise of 76.47%.Over the last four quarters, the company ha ...
Urban Outfitters (URBN) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-21 22:16
Urban Outfitters (URBN) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.21%. A quarter ago, it was expected that this clothing and accessories retailer would post earnings of $0.89 per share when it actually produced earnings of $1.04, delivering a surprise of 16.85%.Over the last ...
LiveRamp (RAMP) Lags Q4 Earnings Estimates
ZACKS· 2025-05-21 22:16
LiveRamp (RAMP) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this data-services company would post earnings of $0.47 per share when it actually produced earnings of $0.55, delivering a surprise of 17.02%.Over the last four quarters, the c ...
2 Reasons to Buy Rivian Now
The Motley Fool· 2025-05-21 22:14
Rivian (RIVN -4.02%) stock is finding the opposite of what was set up to be a slightly quiet year for the automaker, which is in between vehicle launches. Rivian is dealing with tariff uncertainty, trying to boost deliveries, and constructing the expansion to its Illinois plant to enable production of its all-new R2 SUV. Despite trading well below all-time highs, the stock is quietly up 56% over the past year, but if you need more reason for optimism amid a slowing EV market, here are two.Operational improv ...
INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Paramount Group, Inc. to Contact Law Firm
Prnewswire· 2025-05-21 22:14
NEW YORK, May 21, 2025 /PRNewswire/ -- Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating potential claims against: Paramount Group Inc. (NYSE: PGRE) Shareholders should email [email protected]; please contact only if shares acquired before 2022 The investigation concerns a Wall Street Journal article outing Chief Executive Albert Behler for tapping company coffers to the tune of $4,000,000.00 to fund his personal expenses and business interests and his wife's busin ...
Should You Own This Cathie Wood Favorite? A Look at Palantir Technologies Stock.
The Motley Fool· 2025-05-21 22:13
Cathie Wood doesn't shy away from taking risks. It's part of what has garnered her a loyal following of investors who like her bold style. Her flagship fund's 152.8% return in 2020 probably helped, too. Of course, risk-taking often comes with downsides. The same fund, the ARK Innovation ETF, is still down more than 60% since its 2021 peak, while the S&P 500 is up nearly 45%. Still, many continue to look to Wood as a luminary of innovation investing.Wood recently took to social media platform X to tell her f ...
Sea Limited: Becoming Self-Evident
Seeking Alpha· 2025-05-21 22:10
Louis Stevens is a former U.S. Army engineer officer who holds an MBA and a BA in political science. Since beginning his journey publishing investment research, Louis has become one of the leading analysts in the investing community, ranking in the top .1% according to TipRanks: https://www.tipranks.com/experts/bloggers/louis-stevens. Louis created L.A. Stevens Research in which he runs the LAS Index, a basket of stocks chosen via his proprietary method for investing, which has consistently outperformed the ...
Why Wix.com Stock Dove by 16% Today
The Motley Fool· 2025-05-21 22:02
Core Insights - Wix.com experienced a significant stock price drop of 16% following the release of its quarterly results, which disappointed many investors despite the overall market decline being only 1.6% for the S&P 500 index [1] Financial Performance - In Q1, Wix.com reported revenue of $474 million, a 13% increase year-over-year, driven by a 12% rise in total bookings to $511 million [2] - The company's non-GAAP net income rose to just under $94 million ($1.55 per share), up from $77.3 million in the prior year [2] - The revenue exceeded Wall Street's consensus expectations of $472 million, but the adjusted net income fell short of the anticipated $1.63 per share [4] Growth Drivers - Wix.com attributed its revenue growth to several factors, including advancements in its artificial intelligence capabilities and the popularity of its Wix Studio design platform [5] Future Guidance - The company maintained its full-year guidance, expecting bookings for 2025 to be in the range of $2.025 billion to $2.06 billion, indicating at least 11% growth over 2024 [6] - Projected revenue for 2025 is estimated to be between $1.97 billion and $2 billion, with the lower end representing a 12% growth [6] - Wix.com anticipates generating free cash flow of $590 million to $610 million but did not provide a net income forecast [7] Market Reaction - Despite Wix.com’s performance exceeding its own expectations, the market's reaction was viewed as overblown, suggesting a potential reassessment of the stock may be warranted [8]
Diverse, High-Impact Board Elected to Guide Next Phase of Growth for Tucows
Prnewswire· 2025-05-21 22:02
Core Insights - Tucows Inc. elected eight director nominees to its Board of Directors, enhancing its strategic leadership for future growth and innovation [1][2][3] Board Composition - The newly elected Board members possess diverse expertise in finance, technology, data analytics, and entrepreneurship, which is expected to guide Tucows' long-term strategy [2][3] - Key members include: - Marlene Carl, CFO of CHAPTERS Group AG, with experience in investment management and digital infrastructure [2] - Lee Matheson, Partner at EdgePoint Investment Group, with a background in technology and financial services [2] - Elliot Noss, President and CEO of Tucows, bringing extensive experience in internet infrastructure [2] - Dr. Sandra Matz, a leader in data-driven behavioral science from Columbia Business School [2] - Laurenz Malte Nienaber, Founder of LMN Capital GmbH, known for investment strategy and governance [2] - Allen Taylor, President of GTD Partners, with expertise in private equity and financial restructuring [2] - Jeffrey Tory, Chair at Pembroke Management, with nearly four decades in North American growth equities [2] - Stephan Uhrenbacher, a serial entrepreneur with a focus on technology and sustainability [2] Voting Results - The election results for the new directors showed strong support, with percentages of votes for each nominee ranging from 86.18% to 94.47% [3] - The ratification of Deloitte LLP as independent auditors for the year ending December 31, 2025, was also part of the voting agenda [3] Company Overview - Tucows connects people through internet access services, including fiber-optic internet and domain services [4] - The company operates Ting for fixed fiber internet and Wavelo for telecommunications software, managing approximately 24 million domain names [4]
New Found Gold Continues to Expand the Dropkick Zone at the Queensway Gold Project: 42.8 g/t Au over 14.95 m, 47.6 g/t Au over 3.95 m and 22.9 g/t Au over 2.40 m
Prnewswire· 2025-05-21 22:00
Core Insights - New Found Gold continues to report high-grade gold mineralization from its 2024 exploration program, particularly at the Dropkick and Pistachio zones, indicating potential for resource expansion [1][2][10] - The exploration program included 13,768 meters of drilling across 38 diamond drill holes, focusing on high-grade mineralization and strike extensions [2][10] Dropkick Zone - Significant drill results from the Dropkick zone include 42.8 g/t Au over 14.95 m and 47.6 g/t Au over 3.95 m, with mineralization now intersected over a 580 m strike extent [5][6] - The mineralization at Dropkick is open in all directions, with potential for further expansion [6][10] - The new domain of mineralization discovered east of the Appleton Fault Zone (AFZ) returned 5.30 g/t Au over 15.20 m, marking the first mineralization found in that area [6][10] Pistachio Zone - The Pistachio zone has shown promising results with 5.34 g/t Au over 7.30 m, extending the high-grade mineralization by 40 m down-dip [12][14] - The zone spans a strike length of 240 m and remains open down plunge and to depth [12][14] - Systematic reconnaissance drilling has identified additional target areas for future exploration [12][14] Future Plans - The company plans to conduct follow-up drilling at Dropkick starting in June 2025, with additional work planned at a soil anomaly located north of Pistachio [10][12] - The total drilling for the 2024 exploration program reached 89,974 m across 271 diamond drill holes, with results from 37,750 m in 82 holes to be included in the next mineral resource estimate [10][12] Company Overview - New Found Gold holds a 100% interest in the Queensway project located in Newfoundland and Labrador, which covers a significant area with a 110 km strike extent along two prospective fault zones [31][32] - The company is focused on growth and value creation, supported by a solid shareholder base, including a 19% holding by Eric Sprott [32]