Streetbeat News

Revenues

RIVN

Rivian reported its first quarterly revenue decline since its IPO three years ago, indicating potential challenges in its growth trajectory.

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November 07, 2024 | 9:30 pm

MSI

Motorola Solutions reported exceptional third-quarter 2024 financial results, achieving record revenue, earnings, and cash flow. The company has raised its revenue and earnings expectations for the full year.

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November 07, 2024 | 9:30 pm

LGF.A

LGF.B

LION

Lionsgate reported its second quarter fiscal 2025 results, with revenue of $948.6 million and a net loss of $163.3 million. The company also reported an operating loss of $88.6 million and an adjusted OIBDA loss of $17.7 million. However, its trailing 12-month library revenue grew to $892 million.

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November 07, 2024 | 9:30 pm

PINS

Pinterest's stock dropped after the company provided weak revenue guidance for Q4, despite beating Q3 earnings expectations.

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November 07, 2024 | 9:30 pm

ABNB

Airbnb's stock rose by 11% following its third-quarter earnings report, which showed a 10% year-over-year increase in revenue to $3.73 billion, despite slightly missing analysts' expectations.

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November 07, 2024 | 9:30 pm

GNFT

GENFIT, a biopharmaceutical company, reported its financial results for Q3 2024, including its cash position and revenue for the first nine months of the year.

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November 07, 2024 | 9:30 pm

LCID

Lucid Motors exceeded Wall Street's revenue expectations for the third quarter and reaffirmed its annual production forecast, driven by strong demand for its luxury electric sedans.

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November 07, 2024 | 9:30 pm

FARM

Farmer Bros. Co. reported its first quarter fiscal 2025 financial results, showing a 4% increase in net sales to $85.1 million and a significant improvement in gross margin by 630 basis points to 43.9%. Despite a net loss of $5 million, the company improved its adjusted EBITDA to $1.4 million.

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November 07, 2024 | 9:30 pm

MNST

Monster Beverage Corporation reported its 2024 third quarter financial results, showing a 1.3% increase in net sales to $1.88 billion. Excluding the alcohol brands segment and adjusting for foreign currency impacts, net sales rose 5.0%. However, net income per diluted share decreased to $0.38 from $0.43 in the previous year.

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November 07, 2024 | 9:30 pm

DKNG

DraftKings reported a 39% increase in third-quarter revenue, reaching $1,095 million. The company also provided fiscal year 2025 revenue guidance of $6.2 billion to $6.6 billion and reiterated its adjusted EBITDA guidance of $900 million to $1.0 billion.

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November 07, 2024 | 9:30 pm