News

Precision measurement company Mettler-Toledo (NYSE:MTD) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 11.8% year on year to $1.05 billion. Its non-GAAP profit of $12.41 per share was 5.8% above analysts’ consensus estimates.

Cloud security and compliance software provider Qualys (NASDAQ:QLYS) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 10.1% year on year to $159.2 million. The company expects next quarter’s revenue to be around $157 million, close to analysts’ estimates. Its non-GAAP profit of $1.60 per share was 17.2% above analysts’ consensus estimates.

Freight delivery company Werner (NASDAQ:WERN) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 8.2% year on year to $754.7 million. Its non-GAAP profit of $0.08 per share was 63.1% below analysts’ consensus estimates.

Genomics company Illumina (NASDAQ:ILMN) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales were flat year on year at $1.1 billion. On the other hand, the company’s full-year revenue guidance of $4.34 billion at the midpoint came in 1.2% below analysts’ estimates. Its non-GAAP profit of $0.86 per share was 6.9% below analysts’ consensus estimates.

The Greenbrier Cos. said Chief Executive Lorie Tekorius has been appointed to the Portland, Oregon, branch of the Federal Reserve Bank of San Francisco. The post Railcar builder CEO Tekorius appointed to Federal Reserve branch appeared first on FreightWaves.

Logistics solutions provider Hub Group (NASDAQ:HUBG) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 1.2% year on year to $973.5 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $4.15 billion at the midpoint. Its GAAP profit of $0.40 per share was 17.4% below analysts’ consensus estimates.

US freight market continued to face headwinds in Q4 2024 Data released Tuesday by freight audit and payment provider U.S. Bank showed a trucking industry continuing to battle a variety of headwinds. According to the latest U.S. Bank Freight Payment Index, shipment volumes fell 4.7% from the previous quarter, marking the 10th consecutive quarterly decline. […] The post Q4 freight market continues to face headwinds appeared first on FreightWaves.