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Mar 3, 2025
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Dell Technologies Inc. gained 0.4% to $103.18 after the computer products and services provider reported revenue growth in the fourth quarter of fiscal 2025 ending in January.
Revenue increased 7% to $23.93 billion from $22.32 billion, net income surged 27% to $1.53 billion from $1.21 billion, and earnings per diluted share rose 30% to $2.15 from $1.66 a year ago.
Dell said it sold about $10 billion of AI-optimized servers in its fiscal 2025 and expects to sell about $15 billion in AI system sales in the current year.
The company’s Infrastructure Solutions Group, its server division, saw sales rise 22% to $11.35 billion in the quarter, up from $9.33 billion a year ago.
Dell’s client solutions group, its biggest business, saw sales rise only 1% to $11.88 billion from $11.71 billion a year ago, due to a sluggish laptop market.
The company guided for the first quarter of fiscal 2026 revenue between $22.5 billion and $23.5 billion, up 3% from $22.2 billion a year ago, and GAAP diluted earnings per share at $1.29, compared to $1.32 in the same quarter in fiscal 2025.
For the full fiscal 2026, Dell Technologies estimated revenue between $101.0 billion and $105.0 billion, up 8% from $95.6 billion a year ago, and GAAP diluted earnings per share at $7.85, up 23% from $6.38 in fiscal 2025.
The company announced a cash dividend increase of 18% and a $10 billion increase in share repurchase authorization for fiscal 2025. -
Redfin Corp. eased 0.14% to $6.67 after the real estate brokerage company and mortgage broker provider reported increased revenue in the fourth quarter of 2024 ending in December, and net loss widened.
Revenue increased to $244.28 million from $218.08 million, net loss deepened to $36.73 million from a loss of $23.11 million, and loss per diluted share widened to 29 cents from a loss of 20 cents a year ago.
The company guided for the first quarter of fiscal 2025 revenue between $214 million and $225 million, compared to $225.5 million a year ago, and a net loss between $94 million and $83 million, compared to a loss of $66.8 million in the same period in 2024.
Adjusted EBITDA loss is estimated between $39 million and $32 million, compared to an adjusted EBITDA loss of $27.6 million a year ago.
HEICO Corp. traded flat at $264.68 after the aerospace and electronics company reported strong results for the first quarter of fiscal 2025 ending in January.
Net sales jumped to $1.03 billion from $896.36 million, net income surged to $167.95 million from $114.70 million, and earnings per diluted share rose to $1.20 from 82 cents a year ago.
The company said that the continued increases in commercial aerospace product sales have resulted in eighteen consecutive quarters of sequential growth in the Flight Support Group segment. -
CubeSmart L.P. dropped 2.9% to $41.28 after the storage facility-focused real estate company reported lower revenue in the fourth quarter of 2024.
Same-store sales declined 1.6% to $231.41 million from $235.16 million, same-store net income fell to $101.89 million from $113.14 million, and earnings per diluted share dropped to 45 cents from 50 cents a year ago.
The company guided for the first quarter of 2025 earnings per diluted share between 35 cents and 37 cents, compared to 42 cents per share in the same period in 2024.
CubeSmart proposed a quarterly dividend of 52 cents per share, payable on April 15 to shareholders on record as of April 1.
This is an increase of 2% to an annualized rate of $2.08 per share from the previous annualized rate of $2.04 per share. -
Monster Beverage Corp. gained 3% to $53.51 after the energy drink maker reported stronger sales in the fourth quarter of 2024.
Net sales increased to $1.81 billion from $1.73 billion, net income declined to $270.71 million from $366.98 million, and earnings per diluted share fell to 28 cents from 35 cents a year ago.
The company gained market share leadership in a number of countries for its Monster Energy brand, including a very strong market presence in the Republic of Ireland, as reported by Nielsen.
The company is also exploring opportunities for distribution of its alcohol products in certain international markets.
During the fourth quarter, no shares of the company's common stock were repurchased, and as of February 26, approximately $500 million remained available for repurchase under the previously authorized repurchase program. -
Duolingo Inc. plunged 7.4% to $348.02 despite the language learning platform operator reporting higher earnings for the fourth quarter of 2024.
Revenue increased 39% to $209.55 million from $150.98 million, and net and comprehensive income jumped 15% to $13.91 million from $12.12 million a year ago.
The monthly active users’ ratio advanced 32% to 116.7 million from 88.4 million, and paid subscribers amounted to 9.5 million, up 43% from 6.6 million a year ago.
The company introduced Video Call, a real-time conversation feature, and now aims to make it powered by an artificial intelligence conversation partner to further differentiate Duolingo Max as a premium offering. -
Autodesk Inc. gained 1.3% to $285.99 after the engineering software and services provider reported a 12% revenue increase in the fourth quarter of fiscal 2025 ending in January.
Revenue increased to $1.64 billion from $1.47 billion, net income jumped to $303 million from $282 million, and earnings per diluted share rose to $1.40 from $1.31 a year ago.
The company guided for the first quarter of fiscal 2026 revenue between $1.60 billion and $1.61 billion, compared to $1.4 billion a year ago, and GAAP earnings per share between 76 cents and 90 cents, compared to $1.16 in the same quarter a year ago. -
The Personal Consumption Expenditure price index eased to 2.5% in January from 2.6% in December, the Commerce Department reported Friday.
Core inflation, which excludes volatile food and energy prices, slowed to 2.6% from 2.8%.
On a monthly basis, headline and core inflation increased 0.3% from the previous month. -
Lowe’s Companies Inc. gained 1.9% to $247.07 after the home improvement retailer reported higher earnings in the fourth quarter ending in January.
Net sales decreased to $18.55 billion from $18.60 billion, net earnings jumped to $1.12 billion from $1.02 billion, and earnings per diluted share rose to $1.99 from $1.77 a year ago.
Comparable sales for the quarter increased 0.2%, driven by online comparable sales, strong holiday performance, and rebuilding efforts in the wake of recent hurricanes.
The company guided fiscal 2025 sales between $83.5 billion and $84.5 billion, compared to $83.67 billion in 2024, comparable sales to be flat to up 1%, and earnings per diluted share between $12.15 and $12.40, compared to $12.23 in 2024. -
TJX Companies Inc. gained 1.8% to $124.89 after the off-price department store chain reported higher comparable sales in the fourth quarter of fiscal 2025 ending in February.
Net sales dropped to $16.35 billion from $16.41 billion, net income declined to $1.39 billion from $1.40 billion, and earnings per diluted share rose to $1.23 from $1.22 a year ago.
Consolidated comparable store sales in the quarter increased 5%, well above the company’s plan, and they were driven by an increase in customer transactions.
The company returned $4.1 billion to shareholders in fiscal 2025 through share repurchases and dividends. -
Snowflake Inc. surged 9.1% to $181.25 after the cloud-based data storage company reported a revenue increase in the fourth quarter of fiscal 2025 ending in January.
Revenue jumped to $986.77 million from $774.70 million, net loss expanded to $327.47 million from a loss of $169.35 million, and loss per diluted share increased to 99 cents from a loss of 51 cents a year ago.
The company guided for the first quarter of fiscal 2026 product revenue between $955 million and $960 million, an increase of 21% to 22% from the same period a year ago.
Feb 28, 2025
Feb 27, 2025