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X @Forbes
Forbes· 2025-07-23 14:17
The world's fastest-growing software startup has booked $100 million in annualized revenue in just eight months by using AI to allow anyone to turn their ideas into moneymaking websites and apps. https://t.co/0pZgJIwHU2 ...
X @Forbes
Forbes· 2025-07-23 13:54
In June alone, around 750,000 projects—apps, websites, entire businesses—were built, hosted and launched with a handful of descriptive sentences and a few clicks on Lovable. (Photos: Sebastian Nevols for Forbes) https://t.co/ySZRm6OuAw https://t.co/7ZDAi0xpH5 ...
Subsplash, a Premier Provider in Church Technology, Joins Roper Technologies
Prnewswire· 2025-07-21 16:30
DALLAS, July 21, 2025 /PRNewswire/ -- Subsplash, a premier SaaS, fintech, and AI provider in the faith and non-profit sector, today announced that it has entered into a definitive agreement to be acquired by Roper Technologies, Inc. (Nasdaq: ROP). With Roper, Subsplash is poised to usher in a new wave of long-term innovation for its customers and the industry at large.Subsplash has grown as an agile technology company focused on delivering best-in-class software. As an innovation company, Subsplash has brou ...
Bet on E-commerce Growth with Groupon and CarGurus
ZACKS· 2025-07-11 16:30
Industry Overview - Ecommerce sales in Q1 2025 grew by 6.1% compared to Q1 2024, while total retail sales increased by 4.5%, with ecommerce accounting for approximately 16.2% of total U.S. retail sales [1] - The ecommerce industry is experiencing a shift towards digital influencers and advanced technologies such as AR/VR, social commerce, generative AI, and the Metaverse [4][5] - The Zacks Internet - Commerce industry ranks 51, placing it in the top 21% of nearly 250 Zacks industries, indicating positive near-term prospects [8][9] Current Trends - The retail experience is increasingly blending online and offline activities, with consumers preferring faster delivery and pickup options [7] - Subscription models for repeat-use items are gaining traction, making it easier for consumers to order and for retailers to plan [7] - Social commerce is becoming popular, particularly among Gen-Z, with platforms like TikTok leading the way [14] Performance Metrics - The Zacks Electronic - Commerce Industry has gained 18% over the past year, outperforming the broader Zacks Retail and Wholesale Sector (16.5%) and the S&P 500 (11.9%) [12] - The industry is currently trading at a price-to-forward earnings (P/E) ratio of 24.6X, which is a premium of 8.6% to the S&P 500 and a discount of 0.8% to the broader retail sector [16] Company Highlights Groupon, Inc. (GRPN) - Groupon operates an online marketplace connecting buyers and sellers across various sectors, with over 76% of its 2024 revenue coming from the U.S. [19] - The company has shown a positive trend in earnings estimates, with the 2025 estimate moving from a loss of $0.18 to a profit of $0.30 per share [21] - Groupon's shares have increased by 146.9% over the past year, primarily in the last two months [22] CarGurus, Inc. (CARG) - CarGurus offers an online marketplace for new and used cars, with 93% of its 2024 revenue generated in the U.S. [25] - The company has no debt and is focused on improving dealer profitability through data-driven solutions, which is driving its market share [27] - Analysts estimate a 25% earnings growth for 2025, with revenues expected to increase by 5% [28]
Nordstrom Rack to Open New Location in Flower Mound, TX
Prnewswire· 2025-06-09 14:00
Core Insights - Nordstrom, Inc. plans to open a new Nordstrom Rack in Flower Mound, TX in fall 2025, expanding its presence in the Texas market [1][2] - The new store will be 30,000 square feet and located at The Highlands of Flower Mound, a shopping center that includes other major retailers [1][3] - Nordstrom Rack offers discounts of up to 70% on various products and plays a key role in the company's strategy to enhance customer experience [2][3] Company Expansion - The new location will increase Nordstrom's physical footprint in Texas, where it currently operates eight Nordstrom stores and 24 Nordstrom Rack stores, generating over 3,600 jobs statewide [3] - The opening aligns with Nordstrom's "Closer to You" strategy, which focuses on providing a more interconnected shopping experience across physical and digital platforms [2][3] Community Engagement - Nordstrom has invested over $2 million in community support through its partnership with Big Brothers Big Sisters of the United States over the past four years [4] - The company emphasizes its commitment to serving diverse communities and enhancing customer experiences [4][5] Retail Strategy - Nordstrom Rack serves as the largest source of new customers for Nordstrom, offering a wide range of products at competitive prices [2][3] - The interconnected retail model allows customers to shop conveniently through various channels, including in-store and online [5]
SKYX to Be Added to Russell 2000® and Russell 3000® Indexes
Globenewswire· 2025-05-27 14:39
Core Insights - SKYX Platforms Corp. is set to be added to the Russell 2000® and Russell 3000® Indexes, effective June 27, 2025, following the 2025 annual reconstitution [1][2] - The inclusion in these indexes is expected to enhance investor awareness and increase institutional ownership of SKYX's technology platform [3] Company Overview - SKYX is a smart home platform technology company with over 97 issued and pending patents globally and a portfolio of over 60 lighting and home décor websites [1][4] - The company's mission is to make homes and buildings smart, safe, and advanced, positioning its products as essential in both residential and commercial segments [4] Market Context - The Russell indexes rank the largest U.S. public companies by total market capitalization, with approximately $10.6 trillion in assets benchmarked to these indexes [2][3] - Inclusion in the Russell 3000® Index provides automatic membership in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, along with relevant growth and value style indexes [2]
Zillow (ZG) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-08 00:05
Group 1 - Zillow Group reported $598 million in revenue for Q1 2025, a year-over-year increase of 13% [1] - The EPS for the same period was $0.41, compared to $0.36 a year ago, indicating growth [1] - The revenue exceeded the Zacks Consensus Estimate of $588.55 million by 1.61%, while the EPS fell short of the consensus estimate of $0.43 by 4.65% [1] Group 2 - Key metrics indicate that Zillow's shares returned +10.6% over the past month, matching the S&P 500 composite's performance [3] - Zillow currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market [3] Group 3 - Average monthly unique users for Zillow's mobile applications and websites reached 227 million, surpassing the estimated 224.67 million [4] - Total visits to mobile applications and websites were 2.35 billion, exceeding the average estimate of 2.33 billion [4] - Residential revenue was reported at $417 million, slightly above the estimated $414.66 million, reflecting a year-over-year change of +6.1% [4] - Other revenue reached $11 million, significantly higher than the estimated $8.45 million, marking a +37.5% year-over-year change [4] - Mortgage revenue was $41 million, above the estimated $38.83 million, with a year-over-year increase of +32.3% [4] - Rental revenue was reported at $129 million, exceeding the estimated $126.10 million, representing a +33% year-over-year change [4]
DHI Group (DHX) Q1 Earnings Surpass Estimates
ZACKS· 2025-05-07 23:20
DHI Group (DHX) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this provider of websites and career fairs for professionals would post earnings of $0.03 per share when it actually produced earnings of $0.07, delivering a surprise of 133.33%.O ...
Emerald Holding(EEX) - 2025 Q1 - Earnings Call Presentation
2025-05-01 11:11
Emerald Holding, Inc. First Quarter 2025 To the extent this presentation includes information concerning the industry and the markets in which the Company operates, including general observations, expectations, market position, market opportunity and market size, such information is based on management's knowledge and experience in the markets in which the Company operates, including publicly available information from independent industry analysts and publications, which the Company believes to be reasonab ...