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Q3 Results

All articles tagged with #q3 results

AMD's Ryzen AI 400 and Golden Opportunity Amid Market Shakeup

Originally Published 2 days ago — by Seeking Alpha

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Source: Seeking Alpha

Advanced Micro Devices (AMD) shares have fallen nearly 20% since late October due to sentiment rather than fundamentals, despite strong Q3 results and positive revenue growth revisions. With a forward P/E below 15 for FY2028 and accelerating AI industry tailwinds, AMD stock is viewed as a highly attractive buying opportunity.

Rivian R2 Launch Boosts Stock Despite Larger Losses

Originally Published 2 months ago — by TipRanks

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Source: TipRanks

Rivian's Q3 results exceeded expectations with increased revenue and a gross profit rebound, driven by strong vehicle deliveries. The upcoming launch of the R2 crossover in 2026 is seen as a potential game-changer, with some analysts optimistic about its impact on the stock, which is currently rated as a hold by most analysts.

Rivian and Lucid Face Challenges and Opportunities Ahead of Q3 Earnings

Originally Published 2 months ago — by CNBC

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Source: CNBC

Rivian and Lucid, two pure EV automakers, face increasing challenges amid their upcoming Q3 reports, including market headwinds, regulatory changes, and production issues, despite showing some growth in sales and revenue. Both companies are focusing on future vehicle launches and technological advancements to attract investors, but profitability remains a concern as industry-wide issues impact their financial outlook.

Kohl's Shares Plunge Amid Earnings Miss and CEO Exit Announcement

Originally Published 1 year ago — by Yahoo Finance

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Source: Yahoo Finance

Kohl's shares dropped nearly 20% after the company reported disappointing Q3 results, with earnings per share of $0.20 missing expectations of $0.31. Revenue fell 8.8% year-over-year to $3.51 billion, and comparable sales decreased 9.3%. The company lowered its fiscal year 2024 earnings guidance to $1.20-$1.50 per share, below the previous forecast and Wall Street consensus of $1.86. CEO Tom Kingsbury will step down in January 2025, to be succeeded by Ashley Buchanan.

Palantir's Surging Stock Faces Valuation Scrutiny Amid Analyst Skepticism

Originally Published 1 year ago — by Yahoo Finance

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Source: Yahoo Finance

Palantir Technologies reported impressive Q3 results, with significant growth in both government and commercial segments, driven by its AI capabilities. Government revenues increased by 33% year-over-year, bolstered by a major contract with the Department of Defense, while commercial revenues rose by 54%. Despite these gains, the stock's valuation appears to have already factored in several years of growth, leading to a neutral stance on its current price.

MongoDB Surpasses Q3 Expectations, Provides Positive Guidance

Originally Published 2 years ago — by Yahoo Finance

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Source: Yahoo Finance

Despite posting better-than-expected Q3 results and providing upbeat guidance, shares of data storage company MongoDB dropped in premarket trading. MongoDB reported adjusted EPS of $0.96 on revenue of $432.9 million, surpassing estimates. The company attributed its strong performance to winning new workloads from both new and existing customers. However, analysts noted that the macroeconomic environment remains tough, and growth at MongoDB's key data services unit may be impacted by a holiday season slowdown. Despite positive growth drivers, analysts cautioned that MongoDB shares, which have risen over 120% this year, are not cheap.

Salesforce Soars on Strong Cloud Demand and Bullish Outlook

Originally Published 2 years ago — by Reuters

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Source: Reuters

Salesforce's stock surged by 10% to a nearly two-year high after the company reported strong third-quarter results, with revenue of $8.72 billion and adjusted profit of $2.11 per share, beating Wall Street expectations. The company also provided a positive forecast for the fourth quarter, leading to a rise in price targets from several analysts. Salesforce's shares have gained about 87% year-to-date, making it their best yearly performance since 2009. Analysts see Salesforce as a top artificial intelligence opportunity and expect sustained mid-teens subscription growth.

Cloudflare's Stock Dips Despite Beating Earnings and Sales Estimates

Originally Published 2 years ago — by Investor's Business Daily

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Source: Investor's Business Daily

Cloudflare reported better-than-expected earnings and revenue for Q3, with earnings per share of 16 cents and revenue of $335.6 million. However, the company's revenue outlook for the next quarter fell short of expectations, causing Cloudflare stock to dip by 0.8%. Despite adding 206 new large customers and maintaining a conservative view due to geopolitical uncertainty, the company's revenue projection of $352.5 million for the next quarter was below estimates of $356.3 million.

Palantir's Strong Q3 Results Drive Surge in Stock Price

Originally Published 2 years ago — by CNBC

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Source: CNBC

Palantir's shares surged 14% in premarket trading after the company reported third-quarter earnings that exceeded analysts' expectations and raised its full-year revenue guidance. The data analytics firm's revenue for Q3 increased by 17% to $558 million, with a net income of $72 million. Palantir's U.S. commercial revenue grew by 33% YoY, and its customer count increased by 37%. The company expects to report revenue between $599 million and $603 million for Q4 and raised its full-year revenue guidance to $2.216 billion to $2.22 billion.