Tag: technology

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Powell Industries Reports Q1 Net Income of $34.8 Million

Powell Industries reports net income of $34.8 million in fiscal first quarter.

Pros Holdings reports Q4 loss, tops Street view

Pros Holdings Inc. reported a Q4 loss of $2 million. Adjusted earnings came to 16 cents per share, beating estimates of 13 cents. Revenue of $85 million also exceeded forecasts of $84.8 million. For the year, the company reported a loss of $20.5 million on revenue of $330.4 million.

ViaSat Reports Q3 Loss

ViaSat Inc. (VSAT) reported a Q3 loss of $158.4 million, below analyst expectations of $91 cents per share. Revenue of $1.12 billion also missed estimates of $1.13 billion.

VeriSign's Q4 Earnings: Revenue Meets Estimates, Time to Buy?

VeriSign's (VRSN) Q4 CY2024 earnings met revenue estimates but missed EPS slightly. Revenue grew 3.9% YoY to $395.4 million, while EPS was in line at $2.00. Analysts expect 3.3% revenue growth over the next 12 months.

Palantir's Soaring Stock: Analyst Views and Valuation Considerations

Palantir Technologies (PLTR) stock surges 41% year-to-date, buoyed by strong financials like a 52% revenue jump in Q4 2024. Analysts revise EPS expectations upwards, with one reiterating a Buy rating. However, concerns remain regarding Palantir's premium valuation and the sustainability of its recent growth.

Illumina Forecasts 2025 Revenue Below Estimates Amid Subdued Demand

Illumina predicts 2025 revenue below expectations, with shares falling nearly 4% in extended trading. Annual revenue is estimated at $4.28 billion-$4.4 billion, below the analysts' average estimate of $4.39 billion.

Amazon Q1 Earnings Miss Estimates, Driven by AI Spending

Amazon projects current-quarter profit that misses estimates, weighed down by heavy investments in AI. AWS revenue grows 19%.

Mortgage Rates Fall Slightly Amid Market Volatility

Mortgage rates drop amid market volatility as investors weigh tariff impact. 30-year rates at 6.89%, 15-year rates at 6.05%.

US Trade Nominee Faces Scrutiny as Republicans Raise Concerns Over Tariffs

US Trade Representative Nominee Faces Republican Concerns Over Possible Impact of Tariffs on Rural States

Rogers Preparing Junk-Bond Sale for Maple Leaf Sports Stake

Rogers Communications prepares to issue junk bonds to fund the purchase of a stake in Maple Leaf Sports & Entertainment.