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ChromaDex Corp. (NASDAQ: CDXC) reported a strong third quarter for 2024 with total net sales of $25.6 million, an increase of 31% year-over-year, driven by growth in Tru Niagen® and Niagen® ingredient sales. Key highlights include record net income and adjusted EBITDA, improved gross margins...
Key Financial Results:
Revenue: $2.17 billion, marking a 4.4% decline from $2.27 billion in Q3 2023. Revenue was in line with analyst expectations but reflects a challenging period for the company.
Net Income: Reported a significant net loss of $2.96 billion, contrasting sharply with a $363...
Overview Amazon com Inc. (NASDAQ: AMZN) announced impressive third-quarter earnings, surpassing analyst projections. Key factors included a broad product selection, improved delivery speeds, and enhanced Prime member benefits like discounted groceries and fuel savings. The company also...
Financial Performance: Intel reported third-quarter 2024 revenue of $13.3 billion, representing a 6% decline compared to the same period last year. The company posted a significant GAAP loss per share of $(3.88), heavily influenced by impairment and restructuring charges totaling $18.7 billion...
Mastercard Inc. reported a strong third-quarter performance, with earnings surpassing analyst expectations. The company recorded an adjusted earnings per share (EPS) of $3.89, beating forecasts of $3.73, and a global purchase volume increase of 11% year-over-year, reaching $2.058 trillion—above...
Overview:
Uber Technologies (UBER) saw a sharp decline in its stock price, falling nearly 10% on Thursday after reporting lower-than-expected gross bookings for the third quarter. Despite showing strong revenue and net income growth, the company's performance raised concerns about future growth...
Bristol Myers Squibb delivered an impressive third-quarter performance, exceeding market expectations with its earnings results. The pharmaceutical giant reported a profit of $3.7 billion, or $1.80 per share, a decrease from the $4.1 billion, or $2 per share, recorded in the same quarter last...
Earnings and Revenue Shortfall Eli Lilly (LLY) faced a significant drop in its stock price, plummeting over 13% in early trading following its third-quarter earnings release, marking its worst day since August 9, 2000. The company reported total revenues of $11.4 billion, which fell...
Consolidated Revenue: Up 15% YoY, or 16% in constant currency.
Google Services Revenue: $76.5 billion, a 13% increase.
Google Search & Other Advertising Revenue: $49.4 billion, up 12%.
YouTube Advertising Revenue: $8.9 billion, up 12%.
Google Cloud Revenue: $11.4 billion, a 35% increase...
Revenue and EPS Overview
Advanced Micro Devices (AMD) reported third-quarter 2024 revenue of $6.82 billion, a 17.6% year-over-year increase. This figure outperformed the Zacks Consensus Estimate of $6.71 billion, resulting in a revenue surprise of 1.59%. AMD posted earnings per share (EPS) of...
Xerox Holdings Corp (NASDAQ: XRX) announced a 7.5% year-on-year decline in fiscal Q3 2024 sales, totaling $1.53 billion, falling short of analyst expectations of $1.63 billion. This marks the company's seventh consecutive quarter of missing revenue targets. Equipment sales dropped by 12.2%...
Earnings Beat Estimates
Carter's reported Q3 adjusted EPS of $1.64, surpassing the Zacks Consensus Estimate of $1.29 but down 10.9% from last year’s $1.84.
Sales Decline
Consolidated net sales were $758.5 million, beating the estimate of $748 million but decreasing 4.2% year-over-year due to...
McDonald's reported a significant decline in quarterly global comparable sales, falling 1.5% in the third quarter—its largest drop in four years and worse than the anticipated 0.72% decline. This downturn is attributed to reduced customer traffic in key markets, including the U.S., Europe, and...
China Growth Drives Overall Performance
Adidas reported a 9% increase in currency-neutral sales in Greater China for Q3, reaching 946 million euros ($1.02 billion), compared to 870 million euros a year prior. The brand’s significant rebound in China underscores its ability to capitalize on local...
Earnings and Revenue Beat Expectations: Colgate-Palmolive (NYSE: CL) exceeded Wall Street’s expectations in its third-quarter earnings report. The company reported an adjusted earnings per share (EPS) of $0.91, surpassing the analyst consensus of $0.89. Quarterly sales reached $5.033 billion...
Earnings and Revenue Highlights: Sanofi, the French pharmaceutical giant, reported a 14.4% increase in Q3 business operating income, reaching 4.6 billion euros ($5.0 billion), surpassing analysts' expectations of 4 billion euros. The robust earnings were fueled by an earlier-than-anticipated...
Swiss-based Holcim Ltd., a global leader in building solutions, reported robust third-quarter earnings, bolstered by successful construction projects in the United States and Europe. Recurring earnings before interest and taxes (EBIT) rose to 1.67 billion Swiss francs ($1.93 billion), in line...
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