Car rental services provider Avis (NASDAQ:CAR) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 2% year on year to $2.71 billion. Its GAAP loss of $55.66 per share was significantly below analysts’ consensus estimates.
Remember that Christmas movie "Miracle on 34th Street," where Macy's in-store Santa, Kris Kringle, sends a frazzled shopper to a competitor's store to find the Christmas present her son wanted because Macy's was out of stock? Now Amazon is doing the same thing online. The retailer announced on Tuesday the test of a new Amazon Shopping feature that will redirect shoppers to other brands' websites if they search in the app for a particular product that Amazon doesn't carry. In the movie, the radic
Business software provider Freshworks (NASDAQ: FRSH) announced better-than-expected revenue in Q4 CY2024, with sales up 21.5% year on year to $194.6 million. The company expects next quarter’s revenue to be around $191.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.14 per share was 37.5% above analysts’ consensus estimates.
Home services online marketplace ANGI (NASDAQ: ANGI) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 10.8% year on year to $267.9 million. Its GAAP loss of $0 per share was in line with analysts’ consensus estimates.
The breakfast giant is introducing glazed-donut-inspired cereals as it reported earnings and plans to regain market share in the US market.
Data and analytics software provider Teradata (NYSE:TDC) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.5% year on year to $409 million. Next quarter’s revenue guidance of $432.5 million underwhelmed, coming in 1.6% below analysts’ estimates. Its non-GAAP profit of $0.53 per share was 22.1% above analysts’ consensus estimates.
Ride sharing service Lyft (NASDAQ: LYFT) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 26.6% year on year to $1.55 billion. Its GAAP profit of $0.15 per share was significantly above analysts’ consensus estimates.
Data infrastructure software company, Confluent (NASDAQ:CFLT) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 22.5% year on year to $261.2 million. On the other hand, next quarter’s revenue guidance of $253.5 million was less impressive, coming in 3.7% below analysts’ estimates. Its non-GAAP profit of $0.09 per share was 57.7% above analysts’ consensus estimates.
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