Core Insights - RingCentral reported revenue of $612.06 million for the quarter ended March 2025, reflecting a year-over-year increase of 4.8% [1] - The company's EPS was $1.00, up from $0.87 in the same quarter last year, exceeding the consensus estimate of $0.96 by 4.17% [1] - The revenue surpassed the Zacks Consensus Estimate of $610.74 million, resulting in a surprise of +0.22% [1] Financial Metrics - Gross Margin - Other was reported at -14.6%, significantly below the average estimate of 2.8% from six analysts [4] - Gross Margin - Subscriptions stood at 80.3%, slightly below the average estimate of 81% from six analysts [4] - Subscription Revenues reached $590.11 million, a 5.9% increase compared to the year-ago quarter, and slightly above the average estimate of $589.93 million [4] - Revenues from Other sources were $21.94 million, exceeding the average estimate of $20.55 million, but represented a year-over-year decline of 17.9% [4] Stock Performance - Over the past month, RingCentral's shares have returned +7.1%, underperforming the Zacks S&P 500 composite's +11.3% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Insights - Coinbase Global, Inc. reported $2.03 billion in revenue for Q1 2025, a year-over-year increase of 24.2% [1] - The EPS for the same period was $1.94, compared to $1.65 a year ago, with an EPS surprise of +4.86% [1] - The reported revenue was a surprise of -4.12% compared to the Zacks Consensus Estimate of $2.12 billion [1] Financial Performance Metrics - Trading Volume reached $393 billion, exceeding the estimated $387.82 billion [4] - Monthly Transacting Users were 9.7 million, surpassing the estimate of 9.17 million [4] - Other revenue was reported at $73.98 million, slightly above the estimate of $72.47 million, reflecting a year-over-year change of +31.9% [4] - Net Revenue from Transaction revenue was $1.26 billion, slightly below the estimate of $1.28 billion, with a year-over-year change of +17.2% [4] - Total Net Revenue was $1.96 billion, compared to the average estimate of $1.98 billion, representing a year-over-year change of +23.5% [4] - Subscription and services revenue was $698.10 million, close to the estimate of $698.46 million, showing a +36.6% change year-over-year [4] - Institutional Transaction Revenue was $98.90 million, below the average estimate of $122.37 million, with a year-over-year change of +15.8% [4] - Consumer Transaction Revenue was $1.10 billion, compared to the estimate of $1.15 billion [4] - Blockchain Subscription and services revenue was $196.60 million, below the estimate of $217.51 million, reflecting a year-over-year change of +30.3% [4] Stock Performance - Coinbase Global's shares returned +11% over the past month, compared to the Zacks S&P 500 composite's +11.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]

Core Insights - Sprout Social reported revenue of $109.29 million for Q1 2025, a year-over-year increase of 12.9% and a surprise of +1.59% over the Zacks Consensus Estimate of $107.58 million [1] - The EPS for the same quarter was $0.22, compared to $0.10 a year ago, resulting in a surprise of +46.67% over the consensus estimate of $0.15 [1] Financial Performance - The number of customers contributing more than $10,000 in ARR was 9,381, slightly below the estimated 9,530 [4] - Revenue from professional services and other was $0.61 million, below the estimated $0.89 million, representing a year-over-year decline of -38.8% [4] - Subscription revenue was $108.68 million, exceeding the estimated $107.25 million, with a year-over-year increase of +13.5% [4] Market Performance - Over the past month, shares of Sprout Social have returned -2.5%, while the Zacks S&P 500 composite has increased by +11.3% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Core Insights - Yelp reported revenue of $358.53 million for Q1 2025, a year-over-year increase of 7.8% and an EPS of $0.36 compared to $0.20 a year ago, exceeding Zacks Consensus Estimates [1] - The revenue surprise was +1.85% against the consensus estimate of $352.02 million, while the EPS surprise was +16.13% against the consensus estimate of $0.31 [1] Financial Performance Metrics - Yelp's shares returned -0.6% over the past month, while the Zacks S&P 500 composite increased by +11.3% [3] - The company has a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3] Advertising Metrics - Total Paying Advertising Locations were 517 thousand, slightly below the estimated 521.75 thousand [4] - Paying Advertising Locations for Restaurants, Retail & Other were 256 thousand, compared to the estimated 264 thousand [4] - Paying Advertising Locations for Services were 261 thousand, exceeding the estimated 256.67 thousand [4] - Net revenue from Advertising was $342 million, surpassing the average estimate of $335.97 million, with a year-over-year change of +7.7% [4] - Net revenue from Other services was $16.53 million, above the average estimate of $16.12 million, reflecting a year-over-year change of +9.4% [4] - Advertising revenue from Services was $231.58 million, exceeding the average estimate of $219.77 million, with a year-over-year change of +13.9% [4] - Advertising revenue from Restaurants, Retail & Other was $110.43 million, below the average estimate of $115.50 million, showing a year-over-year change of -3.4% [4]

Core Insights - Federal Realty Investment Trust (FRT) reported a revenue of $309.15 million for the quarter ended March 2025, reflecting a 6.1% increase year-over-year and a surprise of +0.72% over the Zacks Consensus Estimate of $306.93 million [1] - The earnings per share (EPS) for the quarter was $1.70, significantly higher than the $0.66 reported in the same quarter last year, with an EPS surprise of +0.59% compared to the consensus estimate of $1.69 [1] Revenue Breakdown - Rental income was reported at $302.29 million, slightly below the estimated $305.73 million, marking a year-over-year increase of +3.9% [4] - Mortgage interest income remained stable at $0.28 million, matching the estimate but showing a -1.1% decline from the previous year [4] - Percentage rents from rental income were reported at $4.46 million, below the $4.70 million estimate, representing a -6.7% change year-over-year [4] - Cost reimbursement from rental income was $63.27 million, exceeding the estimated $57.62 million, with an increase of +11.9% compared to the year-ago quarter [4] - Other rental income was reported at $12.34 million, slightly below the $12.56 million estimate, showing a +0.9% change year-over-year [4] - Net Earnings Per Share (Diluted) was $0.72, surpassing the average estimate of $0.68 from five analysts [4] Stock Performance - Over the past month, shares of Federal Realty Investment Trust have returned +5.3%, while the Zacks S&P 500 composite has seen a +11.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Group 1 - Lyft reported revenue of $1.45 billion for the quarter ended March 2025, representing a 13.5% increase year-over-year [1] - The earnings per share (EPS) for the quarter was $0.19, up from $0.15 in the same quarter last year [1] - The reported revenue was a slight miss of -0.96% compared to the Zacks Consensus Estimate of $1.46 billion [1] Group 2 - Lyft's EPS also fell short of the consensus estimate of $0.20, resulting in a surprise of -5.00% [1] - Gross Bookings for the quarter were $4.16 billion, exceeding the average estimate of $4.14 billion from nine analysts [4] - The number of rides taken was 218.4 million, surpassing the estimated 214.77 million rides [4] Group 3 - Active riders reached 24.2 million, slightly above the estimated 23.98 million [4] - Over the past month, Lyft's shares returned +11%, closely aligning with the Zacks S&P 500 composite's +11.3% change [3] - Lyft currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Financial Data and Key Metrics Changes - Consolidated earnings per share for Q1 2025 were $0.70, an increase from $0.62 in Q1 2024, attributed to favorable decisions from the CPUC regarding new water and electric rates [7][10] - Consolidated revenues for Q1 increased by $12.7 million compared to the same quarter last year [10] - Net cash provided by operating activities was $45.1 million for the quarter, slightly down from $45.8 million in the same quarter last year [14] Business Line Data and Key Metrics Changes - Golden State Water's earnings were $0.52 per share, up from $0.48 per share in the previous year, primarily due to new water rates [8] - The electric segment's earnings increased to $0.07 per share from $0.05 per share, driven by new electric rates [10] - ASUS earnings remained consistent at $0.13 per share compared to the same period in 2024, despite a decrease in construction activities due to unfavorable weather [24] Market Data and Key Metrics Changes - Revenues for the water segment increased by $11.7 million due to new 2025 water rates [11] - Electric segment revenues rose by $2.8 million, also due to new rates [11] - Revenues from ASUS decreased by $1.8 million, primarily due to lower construction activities impacted by weather conditions [12] Company Strategy and Development Direction - The company plans to invest between $170 million to $210 million in infrastructure investments in 2025 [7] - Golden State Water is transitioning to a modified rate adjustment mechanism, which may introduce future revenue volatility due to changes in water consumption and supply source mix [19][20] - The company anticipates robust growth in its rate base, supported by recent regulatory decisions allowing significant capital investments [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the financial results and the impact of new regulatory decisions on future earnings [6][17] - The company is monitoring the potential for military base privatizations, with expectations of some activity in 2025, although uncertainty remains due to changes in administration [33][34] - Management highlighted the importance of maintaining strong credit ratings and liquidity to support ongoing investments [16] Other Important Information - The company raised $25.8 million through its at-the-market offering program in Q1 2025 [15] - The Board of Directors approved a second-quarter cash dividend, continuing a trend of increasing dividends at a CAGR of 8.8% over the last five years [26] Q&A Session Summary Question: Equity raised via ATM and full-year expectations - Management confirmed a target of raising approximately $60 million over the full year 2025, with reassessment based on credit facility capacity [28][29] Question: Update on military base privatization efforts - Management indicated no current privatizations are expected in 2025, but the Army may initiate one or two later in the year, with ongoing assessments of the situation [32][33] Question: Nature of nontraditional contracts - Management explained that nontraditional contracts, such as fifteen-year agreements, may be easier for bases to manage compared to fifty-year contracts, and they are pursuing such opportunities [41][42]

Core Insights - MercadoLibre (MELI) reported Q1 2025 earnings of $9.74 per share, exceeding the Zacks Consensus Estimate by 26.99% and increasing 43.7% year over year [1] - Revenues rose 37% year over year to $5.9 billion, surpassing the Zacks Consensus Estimate by 7.39% [1] Revenue Breakdown - Total revenues were driven by commerce and fintech, growing 32.3% to $3.3 billion and 43.3% to $2.6 billion respectively [2] - Brazil's net revenues were $3.08 billion (51.9% of total), up 19.9% year over year [4] - Argentina generated $1.38 billion (23.3% of total), soaring 124.7% year over year [4] - Mexico's net revenues were $1.22 billion (20.6% of total), growing 25.8% year over year [4] - Other countries contributed $249 million (4.2% of total), reflecting a 41.5% increase year over year [5] Key Metrics - Gross Merchandise Volume (GMV) reached $13.3 billion, up 17% year over year [6] - Total Payment Volume (TPV) surged 43.2% year over year to $58.3 billion [6] - Monthly Active Users in fintech rose 31% year over year to 64.3 million [3] - Assets Under Management grew 103% year over year to $11.2 billion [3] Operating Performance - Gross margin remained flat at 46.7% year over year [7] - Operating expenses increased 34.2% year over year to approximately $2 billion, with operating margin expanding 70 bps to 12.9% [7] Balance Sheet - As of March 31, 2025, cash and cash equivalents were $2.98 billion, up from $2.63 billion at the end of 2024 [9] - Short-term investments totaled $741 million, with net debt at $2.77 billion [9]

Viatris (VTRS) reported $3.25 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 11.2%. EPS of $0.50 for the same period compares to $0.67 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.23 billion, representing a surprise of +0.81%. The company delivered an EPS surprise of +2.04%, with the consensus EPS estimate being $0.49.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...

Core Insights - BigCommerce reported revenue of $82.37 million for Q1 2025, a year-over-year increase of 2.5% [1] - The EPS for the same period was $0.07, compared to $0.06 a year ago, resulting in a surprise of +16.67% over the consensus estimate [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $82.45 million, with a surprise of -0.09% [1] Financial Performance Metrics - ARR attributable to enterprise accounts was $263.80 million, slightly below the average estimate of $264.78 million [4] - Total Annual Revenue Run-rate (ARR) was $350.80 million, compared to the estimated $351.15 million [4] - Revenue from partner and services was $20.26 million, exceeding the estimate of $20.19 million, representing a year-over-year increase of +4.4% [4] - Revenue from subscription solutions was $62.11 million, slightly below the estimate of $62.26 million, with a year-over-year change of +1.9% [4] Stock Performance - BigCommerce shares have returned -7.6% over the past month, contrasting with the Zacks S&P 500 composite's +11.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]