Shares of speciality material and gas containment company Luxfer (NYSE:LXFR) fell 8.4% in the morning session after the company reported an underwhelming Q4 2024 result, as its full-year revenue and EBITDA guidance fell short of expectations. However, quarterly results were strong, with revenue, EPS, and EBITDA significantly surpassing analysts' estimates. Zooming out, we think this was a mixed quarter.
Shares of biotechnology company United Therapeutics (NASDAQ:UTHR) fell 10.9% in the afternoon session after the company reported disappointing fourth-quarter results: EPS missed analysts' expectations, and sales were underwhelming, coming in line with expectations. We struggled to find many positives in these results, especially because EPS missed. Overall, this quarter could have been better.
A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.
Shares of advertising and marketing company Zeta Global (NYSE:ZETA) fell 13.8% in the pre-market session after the company reported weak fourth quarter 2024 results as its revenue guidance for next year suggests a significant slowdown in demand, and its revenue guidance for next quarter fell slightly short of Wall Street's estimates. On the other hand, Zeta reported optimistic EBITDA guidance for the next quarter, which blew past analysts' expectations, and its full-year EBITDA guidance trumped
Tyler Williams previously served several roles in the U.S. government.
Shares of theater company AMC Entertainment (NYSE:AMC) jumped 6.1% in the pre-market session after the company posted a strong fourth-quarter 2024 performance, far surpassing analysts' EBITDA forecasts, with adjusted EBITDA more than tripling from last year. Revenue also beat Wall Street estimates, fueled by a strong box office lineup and a 20% jump in attendance. However, despite solid revenue and EBITDA gains, EPS fell well below expectations. Overall, this was a mixed yet decent quarter.
Shares of industrial conglomerate SPX Technologies (NYSE:SPXC) jumped 14.5% in the morning session after the company reported strong fourth-quarter results, with revenue rising 14% year-on-year, fueled by continued strength in its HVAC segment. SPXC's full-year 2025 guidance for revenue and adjusted EBITDA also came in above analysts' expectations. Overall, the quarter highlighted key positives.
Almost two-thirds of the $38 billion in funds were pledged to his businesses in the past five years, per the report.
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The billionaire owner of The Washington Post, Jeff Bezos, narrowed the topics covered by its opinion section Wednesday to defending personal liberties and the free market, a pivot away from its traditional broad focus and prompting the news outlet’s opinion editor to resign. Bezos, who also is the founder and largest individual shareholder of Amazon, said on X that “viewpoints opposing those pillars will be left to be published by others.” The move was received by some as an indication that Bezos is making decisions for the storied news outlet with an eye toward avoiding retaliation by President Donald Trump.
