Streetbeat News

Revenues

PLUG

Plug Power reported a wider-than-expected loss for Q3 2024, with revenues declining by 12.6% year over year due to lower sales of equipment and related infrastructure.

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November 13, 2024 | 5:00 pm

MSFT

Microsoft's Copilot is gaining significant market share with increased adoption among Fortune 500 companies. Despite this, the company faces gradual revenue growth and substantial AI investments, suggesting a cautious approach for investors.

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November 13, 2024 | 5:00 pm

TH

Target Hospitality's Q3 2024 earnings and revenues surpassed estimates but declined year-over-year due to reduced PCC minimum lease and variable services revenues, and the termination of the STFRC Contract.

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November 13, 2024 | 5:00 pm

CRWS

Crown Crafts (CRWS) reported a decline in net income and profits for its fiscal second quarter, despite a revenue boost from the Baby Boom acquisition. Legacy sales dropped due to economic challenges, and higher costs impacted overall earnings.

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November 13, 2024 | 5:00 pm

ORA

Ormat Technologies has secured a $200 million EPC contract with Contact Energy to construct a 101MW geothermal plant in New Zealand.

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November 13, 2024 | 5:00 pm

KEYS

Keysight Technologies is expected to report a year-over-year revenue decline in its fiscal fourth quarter due to weaknesses in several verticals. This could potentially impact its earnings.

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November 13, 2024 | 4:45 pm

MQ

Levi & Korsinsky has initiated an investigation into Marqeta, Inc. for potential securities fraud violations after the company reduced its revenue growth forecast for Q4 2024.

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November 13, 2024 | 4:45 pm

CBM

The global semi-solid dosage CDMO market is projected to grow significantly, reaching USD 67.4 billion by 2030 with a CAGR of 11.80% from 2024 to 2030. Key players include The Lubrizol Corporation, Cambrex Corporation, and Contract Pharmaceuticals.

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November 13, 2024 | 4:45 pm

SHOP

Shopify Inc.'s Q3 FY24 earnings report reveals a 26% YoY revenue growth, driven by strong GMV, increased Shopify Payments adoption, and expanding Shopify Plus subscription revenue. The stock has surged over 80% since July, with potential upside to $137 per share.

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November 13, 2024 | 4:45 pm