All articles tagged with #q4 results
Super Micro Computer's Q4 earnings and guidance disappointed investors, leading to a 16% stock decline, despite optimistic long-term revenue forecasts driven by AI server demand and global expansion.
Jefferies analysts expect a $50 price increase for Apple's iPhone 17 models, but believe this won't significantly impact the stock's valuation, although they anticipate strong Q4 results.
Wedbush maintains an Outperform rating and a $600 price target on Microsoft stock ahead of its Q4 fiscal year 2025 results, expecting positive news from the company led by Nadella.
Nike's Q4 2025 net sales declined 12% to $11.1 billion, with net income dropping 86% to $211 million, reflecting challenges in the company's performance. Despite meeting Wall Street expectations slightly, CEO Elliott Hill acknowledged the results are not where they want them to be and emphasized ongoing efforts through their Win Now actions to improve future performance. Nike's full-year revenues also fell 10%, with a significant decrease in digital sales, and the company is focusing on a sport offense realignment to drive growth.
SoundHound AI (SOUN) stock surged after Nvidia's 13F filing revealed its 1.73 million shares, with the company's stock rising over 220% this year. SoundHound, known for AI voice solutions, is anticipated to play a significant role in cellular devices with AI features. As it prepares to report Q4 and 2023 results, institutional ownership of SOUN stock increased, with notable shareholders including Majid Emani, Keyvan Mohajer, Vanguard, BlackRock, and Intrinsic Edge Capital Management.
Unity Software Inc reported mixed Q4 results, with a 35% increase in revenue to $609 million, driven by a one-time transaction. The company's strategic reset focuses on core businesses and aims to reduce annualized non-GAAP operating expenses by approximately $250 million. Unity anticipates revenue growth acceleration in the second half of 2024 and aims for Adjusted EBITDA margins over 25% by year-end. Despite the mixed results, the company remains optimistic about its future in the gaming and real-time 3D markets.
Snap Inc's stock plummeted over 35% after reporting Q4 revenue below analyst estimates, despite beating adjusted earnings expectations. Analysts expressed concerns about the company's restructuring, lower monetization of Daily Active Users, and loss of market share to larger advertising platforms. Snap faces challenges due to its limited scale, resulting in a decline in revenue share compared to larger social media counterparts. Analysts are cautious about Snap's short-term performance and are awaiting more consistent execution to reposition the company for faster growth and improved margins.
Lumentum Holdings reported Q4 revenue of $370.8 million, beating estimates, but shares dipped due to a subdued forecast. The company's Optical Communications revenue declined by 13.6% YoY, while Lasers revenue fell by 1.8% YoY. Lumentum expects a customer inventory correction cycle to continue throughout the year, resulting in shipments below end-market demand. The company forecasts Q1 FY24 revenue of $300 million - $325 million and an adjusted EPS of $0.20 - $0.35, both below consensus estimates.
Infosys shares have dropped over 10% due to a dismal revenue outlook caused by the impact of banking turmoil in major markets, specifically the United States and Europe. The IT sector, which earns more than 25% of its revenue from just the US and European banking, financial, services and insurance sector, is facing rising global uncertainties and fears of a recession causing clients to defer spending. At least 10 brokers have lowered their ratings on Infosys stock, and the outlook for India's IT services sector is set to worsen over the next six months before bottoming out.