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    • Breaking News
    Feb 22, 2023
    • Coinbase Global Inc said revenue in the fourth quarter declined to $605 million from $2.5 billion a year ago and the company swung to a loss of $557 million from $840 million a year ago. Diluted loss per share was $2.46 compared to a profit of $3.32 in the previous year.
      • CoStar Group said revenue in the fourth quarter increased 13% to $573 million and net income increased 34% to $124 million from $94 million a year ago. Diluted earnings per share increased to 31 cents from 24 cents a year ago. 
        • Dillard's Inc said revenue in the fourth quarter was flat at $2.1 billion and net income declined to $289.2 million from $321.2 million a year ago. Diluted earnings per share increased to $16.89 from $16.61 in the previous year. 
          • Haverty Furniture said revenue in the fourth quarter increased 5.5% to $280.6 million and net income declined to $23.7 million from $24.2 million a year ago. Diluted earnings per share increased to $1.45 from $1.35 in the previous year. 
            • Palo Alto Networks said revenue in the fiscal second quarter ending in January increased 26% to $1.7 billion and the company swung to a net income of $84.2 million from a loss of $93.5 million a year ago. 

              Diluted earnings per share was 25 cents compared to a loss of 32 cents in the previous year. 
              • Toll Brothers said home sales in the fiscal first quarter ending in January increased 4% to $1.7 billion.  In the quarter, the company delivered 1,826 homes, 5% fewer homes than in the previous year.

                Net income increased to $191.5 million from $151.9 million and diluted earnings per share rose to $1.70 from $1.24 a year ago. 
                • ACV Auctions said revenue in the fourth quarter declined 2% to $98 million and net loss shrank to $24.5 million from $26.3 million a year ago. Vehicles sold on auction marketplace declined 10% to 124,751 units and gross merchandise volume fell 29% to $1.8 billion. 

                  In 2022, revenue increased to $421.5 million from $358.4million and net loss expanded to $102.2 million from $78.2 million and diluted loss per share rose to 65 cents from 62 cents a year ago. Vehicles sold on auction platform fell 3% to 546,088 units but gross merchandise volume increased 14% to $9 billion.  
                  • Feb 21, 2023
                  • Copart said revenue in the fiscal second quarter ending in January increased 10.9% to $956.7 million and net income rose to 2.2% to $23.2 million compared to $287.4 million a year ago. Diluted earnings per share increased to 62 cents from 61 cents a year ago.    
                    • Expeditors International said revenue in the fourth quarter fell 36% to $3.6 billion and net income dropped 52% to $219 million from $452.8 million in the previous year. Diluted earnings per share declined 48% to $1.38 compared to $2.69 in the previous year. 
                      • Home Depot Inc said revenue in the fiscal fourth quarter ending in January increased 0.3% to $35.8 billion from the previous year. Comparable sales for the fourth quarter fell 0.3% and comparable sales in the U.S. decreased 0.3%.

                        Net earnings for the fourth quarter were $3.4 billion or $3.30 per diluted share compared with net earnings of $3.4 billion or $3.21 per diluted share a year ago.