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Amazon's Earnings Bounced Back On The Back Of Holiday Shopping And Its Cost Discipline

On Thursday, Amazon.com Inc (NASDAQ: AMZN) topped analyst estimates with its quarterly results thanks to a record holiday season. After earnings rebounded, Amazon also guided for accelerating cloud growth. Fourth Quarter Had A Record-Breaking Holiday Season For the quarter that ended on December 31st, the Seattle-based company reported its pre-tax earnings rebounded from 2022’s comparable quarter ($2.7 billion) to $13.2 billion, topping analyst estimates of $10.4 billion. Revenue also inc...
United States Microsoft Corporation Quarter Had Record Breaking Holiday Prime Video Google Cloud
Source: yahoo.com

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Allegro MicroSystems (NASDAQ:ALGM) Reports Weak Q3

Chip designer Allegro MicroSystems (NASDAQ:ALGM) fell short of analysts' expectations in Q3 FY2024, with revenue up 2.5% year on year to $255 million. Next quarter's revenue guidance of $235 million also underwhelmed, coming in 8.4% below analysts' estimates. It made a non-GAAP profit of $0.32 per share, down from its profit of $0.35 per share in the same quarter last year.
Vineet Nargolwala Allegro Microsystems Cash Flow Days Outstanding Inventory Outstanding Revenue Growth
Source: yahoo.com

OneWater's (NASDAQ:ONEW) Q1 Earnings Results: Revenue In Line With Expectations, Stock Soars

Boat and marine products retailer OneWater Marine (NASDAQ:ONEW) reported results in line with analysts' expectations in Q1 FY2024, with revenue flat year on year at $364 million. It made a GAAP loss of $0.49 per share, down from its profit of $0.61 per share in the same quarter last year.
Austin Singleton Number Of Stores Onewater Marine Store Sales Chief Executive Officer Wall Street
Source: yahoo.com

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