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May 9, 2025
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Cloudflare Inc. surged 8.4% to $134.70 after the cybersecurity and network services provider reported higher sales in the first quarter of 2025.
Revenue increased to $479.09 million from $378.60 million, net loss widened to $38.45 million from a loss of $35.54 million, and diluted loss per share expanded to 11 cents from a loss of 10 cents a year ago.
The company guided second-quarter revenue to be between $500.0 million and $501.0 million, compared to $401.0 million in 2024; non-GAAP income between $62.5 million and $63.5 million, compared to $69.5 million; and non-GAAP net income per share of 18 cents, compared to 20 cents in the prior year.
For the full year, Cloudflare estimated revenue to be between $2.090 billion and $2.094 billion, compared to $1.67 billion in 2024; non-GAAP income from operations between $272.0 million and $276.0 million, compared to $230.1 million; and non-GAAP net income per share between 79 cents and 80 cents, compared to 75 cents a year ago. -
HubSpot Inc. dropped 5.3% to $625.05 after the customer service software provider reported first-quarter 2025 results.
Revenue edged up to $714.14 million from $617.41 million, net income swung to a loss of $21.79 million from a profit of $5.93 million, and diluted earnings per share swung to a loss of 42 cents from a profit of 12 cents a year ago.
The company authorized a share repurchase program for up to $500.0 million over a period of up to 12 months.
HubSpot guided second-quarter revenue to be between $738.0 million and $740.0 million, compared to $637.2 million in 2024; non-GAAP operating income between $124.0 million and $125.0 million, compared to $109.3 million; and non-GAAP net income per share between $2.10 and $2.12, compared to $1.94 in the prior year.
For the full year, the company estimated revenue to be between $3.036 billion and $3.044 billion, compared to $2.63 billion in 2024; non-GAAP operating income between $558.0 million and $562.0 million, compared to $460.2 million; and non-GAAP net income per common share between $9.29 and $9.37, compared to $8.12 a year ago. -
Trade Desk Inc. advanced 10.9% to $66.42 after the advertising technology company reported sharply higher sales in the first quarter of 2025.
Revenue jumped to $616.02 million from $491.25 million, net income climbed to $50.68 million from $31.66 million, and diluted earnings per share rose to 10 cents from 6 cents a year ago.
The company said Warner Bros. Discovery has recently integrated its OpenPath product to drive more direct, transparent, and efficient demand to its news properties.
During the quarter, TradeDesk used $386 million of cash to repurchase shares, and as of March 31, the company had $631 million available under authorization.
The company estimated second-quarter revenue to be at least $682 million, compared to $585 million in 2024, and adjusted EBITDA of approximately $259 million, compared to $242 million a year ago. -
Expedia Inc. plunged 7.4% to $156.50 after the travel technology company released first-quarter 2025 results.
Revenue edged up to $2.99 billion from $2.89 billion, net loss widened to $200 million from a loss of $135 million, and diluted loss per share expanded to $1.56 from a loss of 99 cents a year ago.
The company repurchased approximately 1.7 million shares for $330 million during the quarter and paid a quarterly dividend of 40 cents per share on March 27.
“We posted first quarter bookings and revenue within our guidance range despite weaker than expected demand in the US,” the company said in a release to investors.
The number of booked room nights increased 6% in the quarter to 107.7 million from 101.2 million a year earlier.
Expedia guided second-quarter and full-year gross bookings to increase between 2% and 4% from a year ago, and the company also expects second-quarter revenue to grow between 3% and 5% and full-year revenue to increase by 2% to 4% from the same period in 2024. -
Costco Wholesale Corp. gained 0.2% to $1,007.15 after the wholesale retailer reported sales results for the 35 weeks ending in May.
Net sales increased 8.2% to $180.05 billion from $166.44 billion a year ago, as comparable store sales edged up 5.9% for the first 35 weeks.
Total comparable store sales climbed 4.4% in April, of which U.S. sales were up 5.2%, sales in Canada jumped 1.5%, and sales in the other international segment rose 3.2%.
E-commerce sales increased 12.6% in April and 16.3% for the 35-week period. -
Carvana Co. surged 3.02% to $266.99 after the online used car retailer reported first-quarter 2025 results.
Revenue edged up to $4.23 billion from $3.06 billion, and net income jumped to $373 million from $49 million a year ago.
Adjusted EBITDA came in at $488 million, compared to $235 million a year earlier.
During the quarter, Carvana sold 133,898 retail units, an increase of 46% from 91,878 retail units in the prior year. -
Uber Technologies Inc. eased 1.9% to $84.18 after the ride-hailing and delivery services provider reported first-quarter 2025 results.
Revenue jumped to $11.53 billion from $10.13 billion, net income swung to a profit of $1.78 billion from a loss of $654 million, and diluted earnings per share swung to a profit of 83 cents from a loss of 32 cents a year ago.
Gross bookings grew 14% to $42.8 billion from the prior year, or 18% on a constant currency basis, and trips during the quarter grew 18% to 3.0 billion.
The company estimated second-quarter gross bookings to be between $45.75 billion and $47.25 billion, an increase of 16% to 20% from a year earlier, and adjusted EBITDA to be between $2.02 billion and $2.12 billion, an increase of 29% to 35% from a year ago. -
DoorDash Inc. eased 3.9% to $182.72 after the food delivery company reported first-quarter 2025 results.
Revenue climbed to $3.03 billion from $2.51 billion, net income swung to a profit of $193 million from a loss of $23 million, and diluted earnings per share swung to a profit of 44 cents from a loss of 6 cents a year ago.
Total orders in the quarter amounted to 732 million, compared to 620 million in the prior year.
The company has proposed to acquire UK-based Deliveroo in a deal valuing the British rival at about £2.9 billion or $3.85 billion.
DoorDash aims to expand its presence overseas after previously snapping up Finland’s food delivery app Wolt in 2022 for €7 billion or $7.9 billion. -
The Walt Disney Co. advanced 10.4% to $101.66 after the media and resort company reported second-quarter 2025 results.
Revenue edged up to $23.62 billion from $22.08 billion, net income swung to a profit of $3.27 billion from a loss of $20 million, and diluted earnings per share swung to a profit of $1.81 from a loss of 1 cent a year ago.
The company estimated full-year adjusted earnings per share to be $5.75, an increase of 16% from the prior year, including an equity loss of approximately $300 million from the company’s joint venture in India. -
Advanced Micro Devices Inc. gained 1.7% to $100.32 after the high performance and adaptive computing company reported first-quarter 2025 results.
Revenue jumped to $7.44 billion from $5.47 billion, net income edged up to $709 million from $123 million, and diluted earnings per share rose to 44 cents from 7 cents a year ago.
Data center segment revenue was up 57% in the quarter, client sales were up 68%, gaming sales were down 30%, and embedded segment sales were down 3% from the prior year.
The company guided second-quarter revenue to be approximately $7.4 billion, plus or minus $300 million, compared to $5.8 billion in 2024, and non-GAAP gross margin is estimated to be 43%, compared to 53% in the prior year.
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