Workflow
Technology Services
icon
Search documents
QXO, Inc. (QXO) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-09 00:45
QXO, Inc. (QXO) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.02, delivering a surprise of 60%.Over the last four quarters, the company has surpassed consens ...
Rackspace (RXT) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-09 00:05
Core Insights - Rackspace (RXT) reported a quarterly loss of $0.06 per share, better than the Zacks Consensus Estimate of a loss of $0.08, and an improvement from a loss of $0.11 per share a year ago, indicating a 25% earnings surprise [1] - The company achieved revenues of $665.4 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.93%, although this represents a decline from $690.8 million in the same quarter last year [2] - Rackspace has consistently exceeded consensus EPS estimates over the last four quarters, indicating a positive trend in earnings performance [2] Financial Performance - The company has shown a significant earnings surprise of 50% in the previous quarter, where it reported a loss of $0.02 per share against an expected loss of $0.04 [1] - Rackspace shares have declined approximately 35.3% since the beginning of the year, contrasting with the S&P 500's decline of 4.3% [3] Future Outlook - The future performance of Rackspace's stock will largely depend on management's commentary during the earnings call and the subsequent revisions of earnings estimates [3][4] - Current consensus EPS estimate for the upcoming quarter is $0.01 on revenues of $672.9 million, and for the current fiscal year, it is also $0.01 on revenues of $2.72 billion [7] - The Zacks Industry Rank places Technology Services in the top 27% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8] Industry Context - The performance of Rackspace's stock may be influenced by the overall outlook of the Technology Services industry, which has shown strong performance relative to lower-ranked industries [8] - Another company in the same industry, Blade Air Mobility, Inc. (BLDE), is expected to report a quarterly loss of $0.11 per share, reflecting a year-over-year change of -83.3% [9]
Veritone, Inc. (VERI) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-05-08 23:20
Company Performance - Veritone, Inc. reported a quarterly loss of $0.24 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.18, and compared to a loss of $0.20 per share a year ago, indicating a decline in performance [1] - The company posted revenues of $22.46 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 10.86% and down from $31.64 million in the same quarter last year [2] - Over the last four quarters, Veritone has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates during this period [2] Stock Movement and Outlook - Veritone shares have declined approximately 43.3% since the beginning of the year, contrasting with the S&P 500's decline of only 4.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.08 on revenues of $29.08 million, and for the current fiscal year, it is -$0.47 on revenues of $111.59 million [7] - The estimate revisions trend for Veritone is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Technology Services industry, to which Veritone belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a relatively strong industry performance [8] - Another company in the same industry, VerifyMe, Inc., is expected to report a quarterly loss of $0.06 per share, reflecting a year-over-year change of -20%, with revenues projected at $5.18 million, down 10% from the previous year [9]
TTEC Holdings (TTEC) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-05-08 22:50
TTEC Holdings (TTEC) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this customer engagement management company would post earnings of $0.21 per share when it actually produced earnings of $0.19, delivering a surprise of -9.52%.Over the las ...
Mogo Inc (MOGO) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-08 15:01
Financial Performance - Mogo Inc reported a quarterly loss of $0.04 per share, better than the Zacks Consensus Estimate of a loss of $0.07, and an improvement from a loss of $0.12 per share a year ago, representing an earnings surprise of 42.86% [1] - The company posted revenues of $12.07 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.97%, although this is a decline from year-ago revenues of $13.3 million [2] - Over the last four quarters, Mogo has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - Mogo shares have declined approximately 19.1% since the beginning of the year, compared to a decline of 4.3% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.06 on revenues of $11.22 million, and for the current fiscal year, it is -$0.24 on revenues of $45.87 million [7] Industry Context - The Technology Services industry, to which Mogo belongs, is currently ranked in the top 27% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that Mogo's stock may outperform the market based on current estimates [5][6]
Knightscope, Inc. (KSCP) May Report Negative Earnings: Know the Trend Ahead of Q1 Release
ZACKS· 2025-05-08 15:01
Knightscope, Inc. (KSCP) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stoc ...
Dave Inc. (DAVE) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 13:35
Dave Inc. (DAVE) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 61.04%. A quarter ago, it was expected that this company would post earnings of $1.09 per share when it actually produced earnings of $2.04, delivering a surprise of 87.16%.Over the last four quarters, the company has su ...
BlackSky Technology Inc. (BKSY) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-08 13:25
Group 1: Earnings Performance - BlackSky Technology Inc. reported a quarterly loss of $0.42 per share, better than the Zacks Consensus Estimate of a loss of $0.47, and an improvement from a loss of $0.88 per share a year ago, representing an earnings surprise of 10.64% [1] - The company posted revenues of $29.54 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 7.27%, compared to year-ago revenues of $24.24 million [2] - Over the last four quarters, BlackSky Technology has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Group 2: Stock Performance and Outlook - BlackSky Technology shares have declined approximately 19% since the beginning of the year, while the S&P 500 has decreased by 4.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.39 on revenues of $30.85 million, and for the current fiscal year, it is -$1.43 on revenues of $133.35 million [7] - The estimate revisions trend for BlackSky Technology is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Group 3: Industry Context - The Technology Services industry, to which BlackSky Technology belongs, is currently in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
N-able (NABL) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 13:21
N-able (NABL) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this provider of cloud-based software services would post earnings of $0.08 per share when it actually produced earnings of $0.10, delivering a surprise of 25%.Over the last four ...
The Real Brokerage Inc. (REAX) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-08 13:20
Company Performance - The Real Brokerage Inc. reported a quarterly loss of $0.02 per share, better than the Zacks Consensus Estimate of a loss of $0.05, and improved from a loss of $0.04 per share a year ago, representing an earnings surprise of 60% [1] - The company posted revenues of $353.98 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 7.65%, and up from $200.74 million in the same quarter last year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates four times and topped consensus revenue estimates four times [2] Stock Outlook - The Real Brokerage shares have declined approximately 2.8% since the beginning of the year, compared to a decline of 4.3% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $444.15 million, and for the current fiscal year, it is -$0.10 on revenues of $1.67 billion [7] - The estimate revisions trend for The Real Brokerage is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Technology Services industry, to which The Real Brokerage belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]