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Q1 Earnings

All articles tagged with #q1 earnings

Nike CEO Announces 'Pace' Restructuring Amid Stock Slump
business7 days ago

Nike CEO Announces 'Pace' Restructuring Amid Stock Slump

Nike CEO Elliott Hill announced a major operational overhaul called 'Pace' to address declining performance and a stock price at a 12-year low. The plan involves restructuring into three geographic regions, establishing a new campus in Bengaluru, India, and reducing workforce roles starting in 2027. While the company cites the need for agility and local responsiveness, Wall Street remains skeptical following a recent quarter of poor results and weak outlooks.

via Yahoo Finance|
#business#corporate-restructuring#elliott-hill
Credo Q1 Growth Persists, But Valuation Keeps Investors Cautious
business1 month ago

Credo Q1 Growth Persists, But Valuation Keeps Investors Cautious

Credo Technology posted Q1 FY2027 revenue of $479 million (up 10% sequential, 115% YoY) with a 68% non-GAAP gross margin and EPS of $1.20, and guided Q2 revenue of $525–$535 million as it scales AI-infrastructure products like AEC cables, optics and retimers. Yet with four customers delivering about 84% of sales, rising expenses, macro risk and fierce competition, the stock trades around 30x forward earnings, prompting caution even as the growth story remains intact; Zacks rates CRDO a Hold and suggests investors may wait for a more favorable entry point.

via Yahoo Finance|
#ai-infrastructure#business#crdo
Credo Stock Tumbles After Q1 Revenue and EPS Beat
finance1 month ago

Credo Stock Tumbles After Q1 Revenue and EPS Beat

Credo Technology Group beat Q1 revenue and non-GAAP EPS, reporting $479M in revenue (up 114.7% YoY) and non-GAAP diluted EPS of $1.20; GAAP EPS was $0.67. GAAP gross margin declined to 64.5% while non-GAAP gross margin rose to 68.0%. GAAP operating expenses rose to $188.4M; GAAP operating income $120.7M, margin 25.2%. Share-based compensation jumped to $88.0M; cash and short-term investments totaled $764.3M. For Q2, Credo guided revenue to $525–$535M with GAAP gross margin of 62.9–64.9% and GAAP Opex of $199–$204M; stock fell about 11% premarket. CEO Bill Brennan said the portfolio spans optics to copper connectivity.

via Yahoo Finance|
#credo-technology-group#finance#non-gaap-eps
Crimson Desert Powers Pearl Abyss's Q1 Earnings Jump to $220.6M
business4 months ago

Crimson Desert Powers Pearl Abyss's Q1 Earnings Jump to $220.6M

Pearl Abyss posted a Q1 revenue of ₩328.5B ($220.6M), up 419.8% year over year driven by Crimson Desert's launch, with ₩212.1B operating profit and ₩170B net profit; 59% of revenue came from PC and 38% from console, while NA/EU accounted for 81% of total. Full‑year guidance is ₩879–₩975B, Crimson Desert revenue is expected to front‑load (₩644.1–₩734.8B), and the company is developing DokeV and Plan 8. It also sold Fenris Creations back to its CEO for $120M.

via GamesIndustry.biz|
#business#crimson-desert#north-america-europe-revenue
Rigetti Q1 Preview: Traders See ~17% Swing in RGTI Post-Earnings
market-news5 months ago

Rigetti Q1 Preview: Traders See ~17% Swing in RGTI Post-Earnings

Rigetti Computing (RGTI) is slated to report Q1 results on May 11; the options market is pricing in about a 16.9% move in either direction, signaling earnings-driven volatility. Wall Street expects a narrower loss per share of $0.04 on revenue of around $4.09 million, with investors watching for signs of demand from major hardware sales (including an $8.4 million, 108-qubit order from India’s CDAC and $5.7 million in two 9-qubit Novera systems). The company aims to reach more than 1,000 qubits in the long term, while the stock has rallied recently but remains down year-to-date. Analysts publish a Moderate Buy rating with a $30.67 average price target, implying potential upside if results meet or beat expectations.

via TipRanks|
#implied-move#market-news#options-trading
Exxon Tops Q1 Earnings as Oil Rally Offsets Production Dip
energy5 months ago

Exxon Tops Q1 Earnings as Oil Rally Offsets Production Dip

ExxonMobil topped Q1 estimates with adjusted earnings of $4.9 billion ($1.16 per share) as higher oil prices boosted profits even though output fell about 6% quarter-over-quarter to 4.6 million oil-equivalent barrels per day due to Middle East disruptions and maintenance. Revenue rose to $85.14 billion, aided by strong refining and trading, with a quarterly Guyana production record (>900,000 gross bpd) helping offset weaker Middle East volumes. The company highlighted gains from outside the region via Guyana and the Permian while noting hedging losses of about $700 million tied to Middle East disruptions.

via Crude Oil Prices Today | OilPrice.com|
#energy#exxonmobil#guyana
Analysts Lift Amazon Targets Ahead of Q1 Report
business5 months ago

Analysts Lift Amazon Targets Ahead of Q1 Report

Ahead of Amazon's Q1 2026 results due April 29, top analysts at BMO and UBS raised price targets and reiterated Buy ratings, citing accelerating AWS growth and solid ad momentum. BMO boosted its target to $315; UBS to $304, with UBS modeling stronger AWS growth in 2026 and noting OpenAI/Anthropic deals. The stock rose about 3% after a META-AWS AI deal, while the Street remains bullish with a Strong Buy consensus and an average target around $287.33, implying roughly 9–10% upside as investors expect about $1.63 EPS and ~$177.3B in revenue for Q1 2026.

via TipRanks|
#amazon#amzn#analysts
Who Really Owns Tesla Stock as Q1 Earnings Loom
market-news5 months ago

Who Really Owns Tesla Stock as Q1 Earnings Loom

Tesla stock has fallen about 14% year-to-date ahead of its Q1 2026 report on April 22. TipRanks’ Ownership data show public companies and individuals own about 38.8% of TSLA, with insiders 24.95%, ETFs 23.82%, mutual funds 12.36%, and others 0.07%. The top holders include Elon Musk, Vanguard funds (e.g., VTI 2.38% and VOO 1.93%), and QQQ 1.02%; Vanguard Index Funds own about 5.13% and Fidelity Concord Street Trust about 1.31%. The stock currently carries a Hold rating from Wall Street with a $401.13 average target, signaling roughly 3% upside.

via TipRanks|
#investors#market-news#ownership
Nike Stock Rises on Q1 Beat Amid Tariff Challenges
business1 year ago

Nike Stock Rises on Q1 Beat Amid Tariff Challenges

Nike's Q1 2026 earnings exceeded expectations, boosting its stock and prompting price target increases from several analysts. While some see signs of a successful turnaround, others remain cautious about sustained growth amid market fragmentation and mixed results across regions. Overall, Wall Street maintains a Moderate Buy rating with a potential upside of around 19%.

via TipRanks|
#analyst-forecasts#business#market-performance
business1 year ago

Nike Surges in Q1 Despite Tariffs and China Challenges

Nike's first-quarter results exceeded expectations, driven by strategic realignment of 8,000 employees into focused teams for Nike, Jordan, and Converse brands, and progress in key areas like sportswear and Nike China. Despite a 30.8% drop in net income, revenues increased slightly, and the company is optimistic about future growth, with ongoing initiatives to strengthen its market position.

via WWD|
#business#nike#nike-direct