Core Viewpoint - Cloudflare, Inc. reported non-GAAP earnings of 16 cents per share for Q1 2025, matching the Zacks Consensus Estimate, with revenues increasing by 27% year-over-year to $479.1 million, driven by strong enterprise customer onboarding and a focus on security [1][2]. Financial Performance - Q1 revenues reached $479.1 million, surpassing the consensus mark by 2.2%, attributed to the onboarding of large enterprise customers and growth in the public sector [2]. - Non-GAAP gross profit increased by 22.7% year-over-year to $369.3 million, although the non-GAAP gross margin contracted by 240 basis points to 77.1% [4]. - Non-GAAP operating income rose to $56 million from $42.4 million in the previous year, with the non-GAAP operating margin expanding by 50 basis points to 11.7% [5]. Customer Metrics - Cloudflare had 250,819 paying customers at the end of Q1, a 27% increase year-over-year, including 30 new customers contributing over $100,000 in annual revenues, totaling 3,527 such customers [4]. Balance Sheet and Cash Flow - As of March 31, 2025, Cloudflare's cash, cash equivalents, and available-for-sale securities amounted to $1.91 billion, up from $1.86 billion at the end of 2024 [6]. - The company generated an operating cash flow of $145.8 million and free cash flow of $52.9 million during Q1 [6]. Guidance - For FY 2025, Cloudflare anticipates revenues between $2.09 billion and $2.094 billion, indicating a year-over-year rise of 25.3% [7]. - The company projects non-GAAP earnings per share between 79 cents and 80 cents, with the Zacks Consensus Estimate at 79 cents, reflecting a 5.3% year-over-year increase [8]. - For Q2, Cloudflare expects revenues in the range of $500 million to $501 million, suggesting a year-over-year rise of 24.9% [9]. - Non-GAAP income from operations for Q2 is expected to be between $62.5 million and $63.5 million, with anticipated earnings of 18 cents per share [10].

Core Insights - Yelp Inc. reported a strong first-quarter 2025 performance with earnings jumping 80% to 36 cents per share, exceeding the Zacks Consensus Estimate by 16.1% [1] - The company's revenues increased 8% year over year to $359 million, surpassing the consensus mark by 1.8%, primarily driven by growth in advertising revenues from Services businesses [2] Financial Performance - Advertising revenues, which constitute 95.2% of total revenues, rose 8% year over year to $342 million, mainly due to increased revenues from Yelp ad products and the RepairPal Network [3] - Advertising revenues from the Services business grew 14% year over year to $232 million, while the RR&O division saw a decline of 3% to $110 million due to macroeconomic challenges [4] - Total costs and expenses increased 2% year over year to $322 million, with adjusted EBITDA climbing 32% year over year to $85 million, resulting in an adjusted EBITDA margin increase to 24% from 19% [6] Balance Sheet and Cash Flow - As of March 31, 2025, Yelp had cash, cash equivalents, and short-term marketable securities totaling $324 million with no debt [7] - The company generated an operating cash flow of $98 million and free cash flow of $87.5 million in the first quarter [7] Guidance - Yelp updated its full-year 2025 revenue guidance to a range of $1.465 billion to $1.485 billion, with adjusted EBITDA expected between $345 million and $365 million [8] - For the second quarter of 2025, Yelp anticipates revenues between $362 million and $367 million, with adjusted EBITDA projected in the range of $84 million to $89 million [9]

Core Insights - The New York Times Company (NYT) reported strong performance in Q1 2025, with adjusted earnings per share of 41 cents, exceeding the Zacks Consensus Estimate of 35 cents, and total revenues of $635.9 million, up 7.1% year over year [1][3] Financial Performance - Adjusted operating profit increased by 21.9% to $92.7 million, with an adjusted operating margin expanding by 10 basis points to 15.3% [8] - Total revenues from subscriptions reached $464.3 million, an increase of 8.2% year over year, with digital-only subscription revenues rising by 14.4% to $335 million [3][4] - The company ended the quarter with 11.66 million total subscribers, including 11.06 million digital-only subscribers [4] Digital Growth - Digital-only average revenue per user (ARPU) rose to $9.54 from $9.21 year over year, driven by subscribers moving to higher rate plans [2] - NYT added approximately 250,000 net digital-only subscribers in the quarter, supported by multiple product offerings [1] Advertising Revenue - Total advertising revenues increased by 4.2% to $108.1 million, with digital advertising revenues up 12.4% to $70.9 million, while print advertising revenues fell by 8.5% to $37.2 million [5][6] Future Outlook - Management anticipates total subscription revenue growth of 8-10% in Q2, with digital-only subscription revenues expected to rise by 13-16% [4] - For Q2, the company expects flat to low-single-digit growth in total advertising revenues, with a high-single-digit increase in digital advertising revenues [6] Segment Performance - The New York Times Group's revenues grew by 5.7% year over year to $588.9 million, with subscription revenues increasing by 7.5% to $431.5 million [9] - The Athletic segment reported revenues of $47.6 million, up 27.9% year over year, with subscription revenues rising to $32.7 million [11] Financial Health - The company ended the quarter with cash and marketable securities totaling $902.3 million, a decrease from $911.9 million at the end of 2024 [12] - Capital expenditures for the quarter were approximately $8 million, with a forecast of $40 million for 2025 [12] Share Repurchase - In the quarter, NYT repurchased 1,180,186 shares of Class A common stock for $58.9 million, with about $443 million remaining authorized for further repurchases [13]

Core Viewpoint - Paycom Software, Inc. reported better-than-expected first-quarter 2025 results, leading to a 2.1% increase in shares during extended trading [1] Financial Performance - Non-GAAP earnings were $2.80 per share, exceeding the Zacks Consensus Estimate of $2.60, with an 8% year-over-year increase driven by higher revenues, operating efficiency, and lower share counts [2] - Revenues reached $530.5 million, surpassing the consensus mark of $525.6 million, reflecting a 6.1% year-over-year growth attributed to increased sales momentum, international expansion, and AI integration [2] - Recurring revenues, which constitute 94% of total revenues, improved by 7.3% to $500 million, slightly below the estimate of $500.7 million [3] - Revenues from the Implementation and Other segment decreased to $30.5 million from $33.9 million year-over-year, contributing 6% to total sales, with an estimate of $26 million for the segment [3] Profitability Metrics - Adjusted gross profits increased by 5.8% year-over-year to $445.9 million, while the adjusted gross margin contracted by 30 basis points to 84.6% [4] - Adjusted EBITDA rose by 10.3% year-over-year to $253.2 million, with the adjusted EBITDA margin improving from 45.9% to 47.7% [4] Balance Sheet and Cash Flow - As of March 31, 2025, Paycom had cash and cash equivalents of $520.8 million, up from $402 million in the previous quarter, and no debt [5] - The company generated an operating cash flow of approximately $182.5 million, paid out $21.1 million in dividends, and repurchased $5.2 million of its common stock [5] Guidance Update - Following the strong first-quarter performance, Paycom raised its 2025 revenue guidance to a range of $2.023-$2.038 billion, up from the previous range of $2.015-$2.035 billion, with the Zacks Consensus Estimate at $2.03 billion [7] - The company projects recurring revenues to grow by 9% year-over-year and anticipates generating $110 million from interest on funds held for clients in 2025 [7] - Adjusted EBITDA for 2025 is now expected to be between $843 million and $858 million, compared to the earlier forecast of $820 million to $840 million [8]

Serve Robotics (SERV) is set to report first-quarter 2025 results on May 8.For first-quarter 2025, the Zacks Consensus Estimate for revenues is pegged at $0.50 million, indicating a 47.37% decline from the figure reported in the year-ago quarter. The consensus mark for loss has been unchanged at 21 cents per share over the past 30 days and much narrower than a loss of 37 cents reported in the year-ago quarter.In fourth-quarter 2024, Serve Robotics reported revenues of $0.176 million compared with $0.43 mill ...

Core Insights - Teradata (TDC) reported first-quarter 2025 non-GAAP earnings of 66 cents per share, exceeding the Zacks Consensus Estimate by 15.79%, with a year-over-year increase of 15.8% [1] - Revenues for the quarter were $418 million, missing the Zacks Consensus Estimate by 1.71%, and reflecting a 10% decline year over year on a reported basis and an 8% decline on a constant-currency basis [1] Revenue Breakdown - Total annual recurring revenues (ARR) at the end of Q1 declined 3% year over year to $1.442 billion, with a 2% decline at constant currency [2] - Public cloud ARR increased by 15% on a reported basis and 16% at constant currency year over year to $606 million, driven by rising demand for cloud solutions [2] - Recurring revenues, which contributed 85.6% to total revenues, fell 8% year over year on a reported basis to $358 million [4] - Perpetual software license and hardware revenues increased by 25% year over year to $10 million, while consulting services revenues dropped by 27.5% year over year to $50 million [4] Operating Performance - The gross margin on a non-GAAP basis was 60.3%, down 190 basis points year over year [5] - Selling, general & administrative (SG&A) expenses decreased by 28% year over year to $116 million, while research & development (R&D) expenses were $66 million, down 12% year over year [5] - The non-GAAP operating margin improved to 21.8%, up 270 basis points year over year [5] Balance Sheet Overview - As of March 31, 2025, Teradata had cash and cash equivalents of $368 million, down from $420 million as of December 31, 2024 [6] - Long-term debt was $449 million, slightly down from $455 million as of December 31, 2024 [6] - The company generated $8 million in cash from operating activities in Q1, a significant decrease from $156 million in the previous quarter [6] Guidance and Projections - For Q2 2025, Teradata expects non-GAAP earnings per share between 37 cents and 41 cents, with total revenues anticipated to decline by 7-9% year over year [8] - For the full year 2025, non-GAAP earnings per share are expected to be between $2.15 and $2.25, with total revenues projected to decrease by 4-7% from the previous year [8] - Public cloud ARR growth is projected between 14% and 18% year over year, while total ARR is expected to be flat to grow by 2% year over year [9]

Core Insights - Qualys, Inc. (QLYS) shares rose 4% in after-hours trading following better-than-expected Q1 2025 results, with non-GAAP earnings of $1.67 per share, exceeding both the Zacks Consensus Estimate of $1.46 and management's guidance of $1.40-$1.50 [1][2] Financial Performance - Q1 revenues increased by 10% year-over-year to $159.9 million, surpassing the Zacks Consensus Estimate of $157.1 million, driven by a strong partner ecosystem [2] - Non-GAAP gross profit rose 10% year-over-year to $133.7 million, with a gross margin improvement of 100 basis points to 84% [5] - Non-GAAP operating income grew 10% to $71.2 million, with an operating margin improvement of 100 basis points to 45% [5] - Adjusted EBITDA increased by 8% to $74.8 million, maintaining an adjusted EBITDA margin of 47% [5] Revenue Breakdown - Sales from channel partners grew by 19%, while direct sales saw a modest 2% increase, with channel partners contributing 49% to total revenues [3] - U.S. sales grew by 6%, accounting for approximately 57% of total revenues, while international sales increased by 16%, contributing the remaining 43% [4] Cash Flow and Balance Sheet - As of March 31, 2025, Qualys had cash and cash equivalents of approximately $640 million, up from $575 million a year ago [6] - The company generated an operating cash flow of $109.6 million and free cash flow of $107.6 million during the quarter [6] - Qualys repurchased stocks worth $39.7 million, with $303.8 million remaining under the share repurchase program [6] Guidance Updates - Following the strong Q1 performance, Qualys raised its full-year 2025 revenue guidance to a range of $648 million to $657 million, reflecting a year-over-year improvement of 7-8% [7] - The company now forecasts non-GAAP earnings for 2025 to be in the range of $6.00-$6.30 per share, up from the previous range of $5.50-$5.90 [8] - For Q2, Qualys expects revenues between $159.7 million and $162.7 million, indicating year-over-year growth of 7-9% [8][9]

Group 1: Earnings Report Overview - News Corporation (NWSA) is set to report its third-quarter fiscal 2025 results on May 8, with revenue estimates at $2.01 billion, reflecting a decline of 16.84% year-over-year [1] - The consensus estimate for earnings per share is steady at 19 cents, indicating a year-over-year growth of 72.73% [1][2] Group 2: Performance Insights - The company has beaten the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 13.65% [2] - Following a strong fiscal second-quarter performance, the upcoming quarter presents mixed indicators, suggesting a cautious approach for investors [3] Group 3: Segment Analysis - Digital Real Estate Services showed growth in Australian residential listings, while the U.S. housing market faces challenges due to high mortgage rates affecting transaction volumes [4] - The Dow Jones segment is experiencing promising subscription trends, with management expecting growth acceleration in the second half, although increased B2B investments may pressure margins [5] - News Media is navigating uncertainties in the advertising market, with management anticipating more challenging conditions in the latter half of the fiscal year [6] Group 4: Strategic Developments - The pending sale of Foxtel to DAZN could strengthen the balance sheet, but regulatory approvals may delay completion [7] - Ongoing investments in AI initiatives and related legal expenses are expected to impact profitability as the company balances opportunities and intellectual property protection [7] Group 5: Earnings ESP and Ranking - News Corporation currently has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold), indicating lower odds of an earnings beat [8]

Core Viewpoint - Microchip Technology (MCHP) is expected to report a significant decline in revenues and earnings for the fourth quarter of fiscal 2025, reflecting ongoing macroeconomic challenges and operational restructuring efforts [1][2][4]. Financial Performance - Microchip anticipates net sales between $920 million and $1 billion for the third quarter of fiscal 2025, with non-GAAP earnings expected between 5 cents and 15 cents per share [1]. - The Zacks Consensus Estimate for fiscal fourth-quarter 2025 revenues is $961.07 million, indicating a 27.51% decline from the previous year's quarter [1]. - The consensus for fiscal fourth-quarter earnings is set at 10 cents per share, representing an 82.46% year-over-year decline [2]. Operational Insights - Inventory levels have improved, reaching 266 days in the third quarter of fiscal 2025, an increase of 19 days sequentially, with expectations for a decrease in inventory days and dollar value in the upcoming quarter [3]. - Operating expenses are projected to rise to 37.7%-40.5% of sales in the fiscal fourth quarter, compared to 34.9% in the fiscal third quarter [5]. - The company is expected to incur $45 million in charges related to the cancellation of certain long-term agreements, negatively impacting the bottom line [5]. Market Context - Microchip is facing persistent macroeconomic weakness and limited visibility, particularly in the industrial and automotive sectors, but benefits from a diverse product portfolio and expansion into megatrends such as Edge Computing, IoT, and AI/ML [4]. - The company has initiated a corporate-wide layoff to drive operational savings [4]. Earnings Expectations - Microchip has an Earnings ESP of +8.03% and a Zacks Rank of 3, indicating a potential for an earnings beat [6].

Core Viewpoint - Wolfspeed (WOLF) is expected to report a non-GAAP net loss for the third quarter of fiscal 2025, with revenues anticipated to decline compared to the previous year [1][2][3]. Financial Expectations - WOLF forecasts a non-GAAP net loss between 76 cents and 88 cents per share for Q3 fiscal 2025, with revenues expected to range from $170 million to $200 million [1]. - The Zacks Consensus Estimate for revenues is set at $186.3 million, indicating a 7.17% decline from the same quarter last year [2]. Performance Analysis - WOLF has surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 3.25% [2]. - The company reported a loss of 62 cents per share in the same quarter last year [1]. Market Factors - The fiscal third-quarter performance is anticipated to be impacted by weak Materials Products revenue due to sluggish end-market demand and elevated inventory levels [3]. - Despite challenges, WOLF maintains a strong position in the semiconductor market, particularly in the electric vehicle (EV) and high-voltage power sectors [3]. Growth Drivers - WOLF's EV revenues have shown robust growth, with approximately 92% year-over-year increase in the fiscal second quarter, and this momentum is expected to continue into the third quarter [4]. - The company anticipates increased revenue contributions from its Mohawk Valley facility, targeting between $55 million and $75 million as production ramps up [4].