4h ago
Palantir tops Q2 data analytics earnings as sector beats revenue estimates by 2.6%
The data and analytics sector posted broadly better-than-expected Q2 results, with revenue coming in 2.6% above consensus estimates and next quarter revenue guidance 1.3% ahead. On average, the group’s shares have risen 8.1% since the earnings releases. Palantir reported revenue of $1.94 billion, up 92.8% year on year and 6.7% above expectations, while Samsara posted $508.4 million in revenue, up 29.9% and 5.2% ahead of forecasts. Domo was the slowest-growing company in the quarter.
4h ago
5h ago
AeroVironment posts $5.1 million fiscal Q1 loss; adjusted EPS beats estimates at $0.59
Drone maker AeroVironment reported a net loss of $5.1 million for fiscal 2025 first quarter, but posted adjusted earnings of $0.59 per share, well above analysts’ $0.22 estimate. Revenue came in at $480.5 million, also ahead of the $467.9 million consensus forecast. The company guided for full-year earnings of $3.02 to $3.34 per share and revenue of $2.13 billion to $2.23 billion. Despite the beat, the stock is down 42% year to date and last traded at $140.80.
5h ago
6h ago
U.S. Supreme Court orders 12 Democratic-state AGs to answer Iowa and Montana merger challenge by Sept. 25, 2026
The U.S. Supreme Court has given California Attorney General Rob Bonta and 11 other Democratic-state attorneys general two weeks to respond to Iowa and Montana’s challenge to their lawsuit aimed at blocking the $111 billion Paramount–WBD merger. The deadline lands as the blue-state coalition is set to oppose Paramount’s request for a $1.88 billion bond before a federal judge in Oakland. It also comes just days before a $7 million-per-day ticking fee to Warner Bros. Discovery shareholders is scheduled to take effect, according to Deadline.
6h ago