Atlassian (NASDAQ:TEAM) Reports Upbeat Q4, Stock Jumps 17.7%
  • January 30, 2025

Atlassian (NASDAQ:TEAM) Reports Upbeat Q4, Stock Jumps 17.7%

IT project management software company, Atlassian (NASDAQ:TEAM) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 21.4% year on year to $1.29 billion. Guidance for next quarter’s revenue was optimistic at $1.35 billion at the midpoint, 2.4% above analysts’ estimates. Its non-GAAP profit of $0.96 per share was 27.1% above analysts’ consensus estimates.

KLA Corporation (NASDAQ:KLAC) Delivers Strong Q4 Numbers, Next Quarter’s Sales Guidance is Optimistic
  • January 30, 2025

KLA Corporation (NASDAQ:KLAC) Delivers Strong Q4 Numbers, Next Quarter’s Sales Guidance is Optimistic

Semiconductor manufacturing equipment maker KLA Corporation (NASDAQ:KLAC) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 23.7% year on year to $3.08 billion. On top of that, next quarter’s revenue guidance ($3 billion at the midpoint) was surprisingly good and 3.8% above what analysts were expecting. Its non-GAAP profit of $8.20 per share was 5.7% above analysts’ consensus estimates.

Intel (NASDAQ:INTC) Q4: Beats On Revenue But Quarterly Revenue Guidance Significantly Misses Expectations
  • January 30, 2025

Intel (NASDAQ:INTC) Q4: Beats On Revenue But Quarterly Revenue Guidance Significantly Misses Expectations

Computer processor maker Intel (NASDAQ:INTC) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 7.4% year on year to $14.26 billion. On the other hand, next quarter’s revenue guidance of $12.2 billion was less impressive, coming in 5.4% below analysts’ estimates. Its non-GAAP loss of $0 per share was significantly below analysts’ consensus estimates.

Why Broadcom (AVGO) Stock Is Up Today
  • January 30, 2025

Why Broadcom (AVGO) Stock Is Up Today

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 6.3% in the afternoon session after Meta reported fourth quarter earnings and announced plans to scale up its deployment of MTIA (Meta Training and Inference Accelerator) chips, developed in partnership with Broadcom, to optimize cost. Currently used for ad and organic content workloads, these custom chips will expand to AI training tasks, including generative AI, by 2026. To get a picture of how significant these investment

Coursera’s (NYSE:COUR) Q4 Sales Beat Estimates But Stock Drops 12%
  • January 30, 2025

Coursera’s (NYSE:COUR) Q4 Sales Beat Estimates But Stock Drops 12%

Online learning platform Coursera (NYSE:COUR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 6.1% year on year to $179.2 million. On the other hand, next quarter’s revenue guidance of $175 million was less impressive, coming in 1.8% below analysts’ estimates. Its non-GAAP profit of $0.08 per share was 82.2% above analysts’ consensus estimates.

Why Parker-Hannifin (PH) Stock Is Up Today
  • January 30, 2025

Why Parker-Hannifin (PH) Stock Is Up Today

Shares of industrial machinery company Parker-Hannifin (NYSE:PH) jumped 6.2% in the morning session after the company reported strong fourth quarter results, which beat analysts' EPS expectations despite a revenue miss. Demand indicators improved, especially in the Aerospace segment, and overall order rate increased across the board. The company then reiterated its previous full-year EPS guidance, demonstrating a focus on balancing growth and profits. Overall, this was a decent quarter.