Language-learning app Duolingo (NASDAQ:DUOL) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 38.8% year on year to $209.6 million. Guidance for next quarter’s revenue was better than expected at $222 million at the midpoint, 0.6% above analysts’ estimates.
A landmark legal battle for the U.S. crypto sector, the government accusation that Coinbase ran an unregistered exchange, has been entirely abandoned.
A landmark legal battle for the U.S. crypto sector, the government accusation that Coinbase ran an unregistered exchange, has been entirely abandoned.
Digital media measurement and analytics provider DoubleVerify (NYSE:DV) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 10.7% year on year to $190.6 million. Next quarter’s revenue guidance of $153 million underwhelmed, coming in 3% below analysts’ estimates. Its GAAP profit of $0.14 per share was 23.2% below analysts’ consensus estimates.
HP Inc beat first-quarter revenue estimates on Thursday, driven by strength in its personal systems segment and growing demand for artificial intelligence-capable systems. Shares of the company, however, dipped more than 3% in extended trading after it projected second-quarter adjusted profit per share between 75 cents and 85 cents, lower than analysts' consensus estimate of 86 cents. PC market growth is expected to accelerate this year as the Windows 10 end-of-support deadline in October pushes hundreds of millions of PC users to refresh their devices.
(Bloomberg) -- US government bonds trimmed their losses late in Thursday trading as equities came under pressure, leaving yields near the lowest levels since December.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC Office Buildings See Resurgence as Investors Pile Int
(Bloomberg) -- Canadian Imperial Bank of Commerce came ahead of analyst expectations with gains across all segments, particularly with strength in the capital markets business.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another
Search software company Elastic (NYSE:ESTC) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 16.5% year on year to $382.1 million. Guidance for next quarter’s revenue was better than expected at $380 million at the midpoint, 1.5% above analysts’ estimates. Its non-GAAP profit of $0.63 per share was 34.4% above analysts’ consensus estimates.
Personal wellness company WeightWatchers (NASDAQ:WW) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 10.5% year on year to $184.4 million. Its non-GAAP profit of $0.32 per share was significantly above analysts’ consensus estimates.
(Bloomberg) -- Federal Reserve Bank of Cleveland President Beth Hammack said interest rates are not “meaningfully restrictive” and should be held steady for some time as officials wait for evidence inflation is returning to their 2% target. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Milli
