• Feb 04, 2025

Snap’s (NYSE:SNAP) Q4 Sales Beat Estimates, Stock Jumps 10.4%

Social network Snapchat (NYSE: SNAP) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 14.4% year on year to $1.56 billion. Its non-GAAP profit of $0.16 per share was 13.6% above analysts’ consensus estimates.

  • Feb 04, 2025

Varonis (NASDAQ:VRNS) Misses Q4 Revenue Estimates

Data protection and security software company Varonis (NASDAQ:VRNS) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.9% year on year to $158.5 million. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $132.5 million at the midpoint, or 1.7% above analysts’ estimates. Its non-GAAP profit of $0.18 per share was 27.3% above analysts’ consensus estimates.

  • Feb 04, 2025

Dollar Drop Seen to Be Brief Amid Tariff Worries, US Economic Strength

(Bloomberg) -- Traders are wagering that Tuesday’s slump in the dollar will likely prove short-lived, given the backdrop of relative US economic strength and the risks that a trade war could drive investors into havens. Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’s First ‘Passive House’ School Is a Model of Downtown DensityTransportation Memos Favor Places With Higher Birth and Marriage Rat