Tag: technology

US stocks pulled back on Thursday as investors assessed Walmart's cautious outlook and the impact of President Trump's planned tariffs and policy shifts. The Dow Jones Industrial Average (^DJI) fell roughly 450 points, or around 1%. The S&P 500 (^GSPC) dropped 0.5%, pulling back after its second record close in a row on Wednesday, while the tech-heavy Nasdaq Composite (^IXIC) also lost about 0.5%.

Published on: February 20, 2025, 11:01 PM UTC

Dropbox Inc. (DBX) reported fourth-quarter net income of $102.8 million, beating Wall Street expectations. Earnings per share came in at 73 cents, adjusted for one-time gains and costs, on revenue of $643.6 million. For the year, the company reported a profit of $452.3 million, or $1.40 per share, on revenue of $2.55 billion.

Published on: February 20, 2025, 10:10 PM UTC

Glaukos Corporation (GKOS) reported a Q4 loss of $33.6 million ($0.60 per share). Adjusted for non-recurring costs, the loss was $0.40 per share, exceeding Wall Street's estimates of a $0.43 per share loss. Revenue reached $105.5 million, also surpassing forecasts of $100.8 million. Glaukos projects full-year revenue between $475-$485 million.

Published on: February 20, 2025, 10:09 PM UTC

Employers Holding Inc. reports fourth quarter net income of $28.3 million ($1.14 per share), and full year net income of $118.6 million ($4.71 per share) on revenue of $880.7 million.

Published on: February 20, 2025, 10:08 PM UTC

Universal Display Corp. reports higher Q4 revenue, beating expectations with $162.3 million. The organic light-emitting diode technology company's earnings also surpassed forecasts.

Published on: February 20, 2025, 10:07 PM UTC

Akamai Technologies predicts a drop in revenue in 2025 due to weakened demand for cloud and content delivery services. Despite meeting estimates for Q4 revenue, the company anticipates a difficult Q1.

Published on: February 20, 2025, 10:07 PM UTC

Coca-Cola Consolidated reports Q4 earnings of $178.9 million, with adjusted earnings per share of $18.11 and revenue of $1.75 billion.

Published on: February 20, 2025, 10:06 PM UTC

Ryman Hospitality Properties Inc. (RHP) missed Wall Street expectations in its fourth quarter, reporting funds from operations of $2.15 per share versus the estimate of $2.20. Revenue also missed forecasts, coming in at $647.6 million versus the expected $657.3 million. For the year, the company reported funds from operations of $527.8 million and revenue of $2.34 billion.

Published on: February 20, 2025, 10:06 PM UTC

Vicor Corp. (VICR) reported Q4 earnings of $10.2 million, or 23 cents per share, on revenue of $96.2 million.

Published on: February 20, 2025, 10:06 PM UTC

RingCentral (RNG) Q4 CY2024: Revenue meets estimates, EPS beats; Q1 guidance disappoints. Revenue growth slows, customer acquisition costs remain high. Is RNG a buy? Read our full report for insights.

Published on: February 20, 2025, 10:05 PM UTC