News

PacBio (NASDAQ:PACB) Misses Q4 Sales Targets

Genomics company Pacific Biosciences of California (NASDAQ:PACB) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 32.8% year on year to $39.22 million. Its non-GAAP loss of $0.20 per share was 15.5% below analysts’ consensus estimates.

Procore (NYSE:PCOR) Beats Q4 Sales Targets, Stock Soars

Construction management software maker Procore (NYSE:PCOR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 16.2% year on year to $302 million. The company expects next quarter’s revenue to be around $302 million, close to analysts’ estimates. Its non-GAAP profit of $0.01 per share was 91.2% below analysts’ consensus estimates.

Udemy (NASDAQ:UDMY) Posts Better-Than-Expected Sales In Q4, Stock Soars

Online learning platform Udemy (NASDAQ:UDMY) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 5.5% year on year to $199.9 million. On the other hand, next quarter’s revenue guidance of $197 million was less impressive, coming in 2.7% below analysts’ estimates. Its non-GAAP profit of $0.10 per share was 53.4% above analysts’ consensus estimates.