News

Rogers (NYSE:ROG) Posts Q4 Sales In Line With Estimates But Stock Drops

Advanced materials manufacturer Rogers (NYSE:ROG) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 6.1% year on year to $192.2 million. On the other hand, next quarter’s revenue guidance of $187.5 million was less impressive, coming in 6.3% below analysts’ estimates. Its non-GAAP profit of $0.46 per share was 5.7% above analysts’ consensus estimates.

ACV Auctions (NASDAQ:ACVA) Beats Q4 Sales Targets But Stock Drops

Online used car auction platform ACV Auctions (NASDAQ:ACVA) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 34.8% year on year to $159.5 million. On the other hand, next quarter’s revenue guidance of $182.5 million was less impressive, coming in 2.9% below analysts’ estimates. Its GAAP loss of $0.16 per share was 11.1% below analysts’ consensus estimates.

Remitly (NASDAQ:RELY) Surprises With Q4 Sales, Stock Soars

Online money transfer platform Remitly (NASDAQ:RELY) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 32.9% year on year to $351.9 million. The company expects next quarter’s revenue to be around $346.5 million, close to analysts’ estimates. Its GAAP loss of $0.03 per share was 67.6% above analysts’ consensus estimates.