Recent Articles from StockStory

Workplace uniform provider UniFirst (NYSE:UNF) will be announcing earnings results this Wednesday before market open. Here’s what to look for.

Shares of fuel cell technology Plug Power (NASDAQ:PLUG) jumped 26.7% in the afternoon session after the U.S. Senate revealed changes to a GOP tax bill that extends hydrogen tax credits. The updated bill pushes the expiration of these crucial tax credits to January 1, 2028, giving hydrogen producers a two-year longer runway to scale operations and make green hydrogen more cost-competitive against fossil fuels. 

Shares of digital advertising platform Magnite (NASDAQ:MGNI) jumped 13.8% in the afternoon session after it hit a new 52-week high, largely driven by a substantial price target increase from Rosenblatt. The investment firm raised its target to $39 from $18, citing potential benefits for Magnite from the ongoing AdTech antitrust ruling against Google.

Shares of advertising software maker The Trade Desk (NASDAQ:TTD) jumped 5.1% in the morning session after the stock continued its positive momentum following an upgrade from Evercore. 

Shares of building materials distributor GMS (NYSE:GMS) jumped 11.7% in the afternoon session after the company announced it had agreed to be acquired by The Home Depot's subsidiary, SRS Distribution. The all-cash deal values the specialty building products distributor at $110.00 per share, for a total enterprise value of approximately $5.5 billion. 

Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 5.1% in the afternoon session after it announced a strategic partnership with Accenture Federal Services to modernize AI capabilities for U.S. government agencies. 

Shares of solar panel manufacturer First Solar (NASDAQ:FSLR) jumped 9% in the afternoon session after BMO analyst Ameet Thakkar highlighted positive news from the Senate's "One Big Beautiful Bill Act" (OBBBA). 

Shares of healthcare services company Chemed Corporation (NYSE:CHE) fell 14.7% in the afternoon session after the company provided a negative update on its full-year 2025 guidance, citing issues with its VITAS hospice business. 

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 10.5% in the afternoon session after Bank of America raised its price target on the stock as the company announced a major expansion of its crypto offerings in the European Union. 

Shares of enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) jumped 12.1% in the afternoon session after the U.S. Department of Justice approved its $14 billion acquisition of Juniper Networks. 

Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 13.8% in the afternoon session after BMO analyst Ameet Thakkar highlighted positive news from the Senate's "One Big Beautiful Bill Act" (OBBBA). 

Costco’s latest quarter saw a positive market response, as management emphasized the company’s ability to grow sales and maintain margins amid a challenging consumer and cost environment. Key drivers included increased traffic, particularly in the U.S., higher penetration of Kirkland Signature private-label items, and strategic sourcing that helped offset tariff-related pressures. CEO Ron Vachris credited the merchandising and operations teams for “maintaining our competitive price position despite a challenging macroeconomic backdrop.” The company also benefited from category strength in fresh food and non-food items, with proactive inventory and price management helping to both support sales and limit cost impacts.

NetApp’s first quarter results reflected solid revenue growth and operational discipline, exceeding Wall Street’s expectations for both sales and non-GAAP earnings. Management identified strong demand for all-flash storage systems and expansion in public cloud services as the main drivers of performance. CEO George Kurian noted, “We gained almost 300 basis points of all-flash market share in calendar 2024, more than any other vendor as reported by IDC.” The company also highlighted accelerating growth in its Keystone storage-as-a-service offering and pointed to momentum from customer modernization projects as a factor in meeting customer needs for AI-ready infrastructure.

Target’s first quarter results were met with a negative market response after both revenue and adjusted profit came in below analysts’ expectations. Management cited ongoing weakness in discretionary spending, heightened consumer price sensitivity, and persistent declines in store traffic as primary factors affecting performance. CEO Brian Cornell acknowledged these challenges, describing the operating environment as “exceptionally challenging” and emphasizing that Target was “not satisfied” with the quarter’s results. Executives also pointed to additional headwinds from consumer confidence declines and uncertainty around potential tariffs.

Plug Power’s first quarter results saw revenue growth and operational improvements, but the market reacted negatively to ongoing margin pressure and continued losses. Management attributed the quarter’s performance to renewed momentum in the material handling segment and successful commissioning of additional hydrogen production capacity. CEO Andy Marsh highlighted that Plug Power’s “Q1 cash burn was down nearly 50% year-over-year,” due to cost reduction initiatives and improved execution across core business lines. The focus on internal production and inventory management provided some buffer against near-term cost inflation, but new tariffs and policy uncertainty weighed on investor sentiment.

Sea’s first quarter results were met with a notably positive market reaction, despite the company missing Wall Street’s revenue and non-GAAP profit expectations. Management attributed the strong operational momentum to improved unit economics in e-commerce, robust growth in its digital financial services arm, and a resurgence in its gaming segment. CEO Forrest Li highlighted cost optimization, scale-driven efficiencies, and the growing contribution of advertising revenues, stating, “Our businesses are now all self-sufficient and cash-generating, positioning us well to capture future opportunities.”

Rush Enterprises began 2025 with a quarter that saw revenue and adjusted earnings per share come in above Wall Street expectations, even as overall sales declined slightly year over year. Management attributed this relative outperformance to strong results in vocational and public sector truck sales, which helped offset weaker demand in the core Class 8 segment impacted by the ongoing freight recession. CEO Rusty Rush described the operating environment as "difficult to say the least," emphasizing the company's diversified customer base and strategic initiatives as key factors supporting performance despite soft industry conditions and persistent uncertainty around tariffs and emissions regulations.

Ellington Financial’s first quarter results were shaped by robust performance across its diversified mortgage loan portfolios and strong execution in securitization markets. Management credited the company’s ability to generate consistent earnings to both residential and commercial loan growth, as well as successful asset sales and hedging strategies. CEO Larry Penn highlighted that the loan originator affiliates and the forward mortgage servicing rights (MSR) portfolio provided dependable contributions, while recent asset sales enhanced liquidity and positioned the firm for new opportunities. Seasonal declines in the reverse mortgage segment were offset by improved margins in proprietary reverse products, and progress in resolving delinquent commercial mortgage assets further supported quarterly performance.

Chegg’s first quarter was marked by a sharp decline in year-over-year revenue and subscribers, but the company surpassed analyst expectations for revenue and adjusted EBITDA. Management attributed performance to early traction in revenue diversification efforts, such as content licensing to large technology companies and the expansion of institutional partnerships. CEO Nathan Schultz highlighted that the company’s content licensing agreements generated incremental revenue and emphasized, “We are really early days in this. We've licensed a very, very, very small set of our content at the moment.” Chegg also made significant progress on its strategic review process and implemented further cost reductions in response to ongoing industry headwinds.

Teledyne’s first quarter results reflected steady growth across its core segments, supported by contributions from recent acquisitions and resilience in both commercial and government markets. Management attributed the quarter’s performance to broad-based organic sales gains, notably in digital imaging and instrumentation, and highlighted the integration of the Qioptiq acquisition. CEO Edwin Roks pointed to “increased sales for both FLIR Defense and Industrial business” as a key factor, while Executive Chairman Robert Mehrabian emphasized that “orders for Teledyne as a whole exceeded sales for the sixth consecutive quarter.”

Simply Good Foods delivered a first quarter that exceeded Wall Street's expectations, fueled by strong performances from its Quest and OWYN brands. CEO Geoff Tanner attributed robust growth at Quest to “broad-based demand, especially in Salty Snacks,” while OWYN continued to benefit from expanding distribution and high velocities. Management noted that these brands, now comprising roughly 70% of company sales, more than compensated for ongoing declines in Atkins, which faced reduced merchandising support and distribution losses. Tanner emphasized, “We are executing well, adding new doors, winning with innovation, and driving brand awareness.”

Hamilton Insurance Group’s first quarter results were well received by the market, as the company delivered growth despite a challenging period for catastrophe losses. Management pointed to a significant impact from the California wildfires, which drove a 30.2% catastrophe loss ratio, but emphasized that strong investment returns and disciplined underwriting helped offset these pressures. CEO Pina Albo noted, “Our attritional loss ratio was 51.9%, exemplifying the stability of our underlying book.” The company’s approach to risk selection and focus on core casualty and property lines underpinned its robust performance.

Fluence Energy’s first quarter was marked by a sharp year-on-year revenue decline, but the company outperformed Wall Street’s expectations, leading to a positive market reaction. Management attributed this to accelerated project execution, particularly in the Americas and Asia-Pacific, and highlighted improvements in supply chain efficiency. CEO Julian Nebreda noted that the company achieved key project milestones earlier than planned and maintained double-digit adjusted gross profit margins. Fluence’s backlog remained robust, with $4.9 billion at quarter end, and the company continued to see growth in its recurring digital and services revenue platform. Nebreda emphasized, “Our execution helped us to deliver on project milestones earlier than expected.”

BellRing Brands’ first quarter brought robust top-line growth, but the market reacted negatively, focusing on issues beyond headline results. Management attributed strong sales to increased demand for Premier Protein products, expanded distribution, and effective promotional activity. However, the company acknowledged rising costs and a notable decline in operating margin compared to last year. CEO Darcy Davenport pointed to healthy consumption trends and improvements in household penetration as key factors, but also acknowledged that higher advertising and warehousing expenses weighed on the quarter. Management’s commentary reflected a degree of caution, with CFO Paul Rode noting, “the rate of inflation will increase in the second half…pressuring margins when compared to prior year.”

Conagra’s first quarter results fell short of Wall Street expectations, as the company faced challenges from declining sales and margin compression. Management cited persistent inflation, shifting consumer preferences, and ongoing supply chain disruptions as key factors weighing on performance. CEO Sean Connolly pointed to continued strength in consumer demand for its brands despite a more value-seeking consumer environment and highlighted that inventory rebuilding and weather-driven timing of shipments in certain categories, particularly snacks, played a role in the quarter’s outcomes. Connolly acknowledged, “We have to keep the relationship between the consumer and our brands, and we made the investment to do that, and we've seen very strong connectivity.”

YETI’s first quarter results modestly exceeded Wall Street’s revenue and non-GAAP profit expectations, driven by strong demand in the Coolers & Equipment category and continued international momentum. CEO Matt Reintjes highlighted that growth was strongest in hard coolers and bags, while drinkware sales saw declines as the company navigated a challenging U.S. market and compared against a robust prior year. Management attributed the quarter’s performance to ongoing product innovation, solid execution in global markets, and supply chain initiatives, but also noted increased operational complexity due to macroeconomic uncertainty and shifting consumer behavior.

Dycom’s first quarter results saw strong momentum, with leadership crediting the performance to continued expansion of fiber-to-the-home projects, rapid integration of its recent wireless acquisition, and growth in recurring service and maintenance contracts. CEO Dan Peyovich emphasized that a more diversified customer base, notable project awards with companies like Verizon and Windstream, and robust demand for both fiber and wireless infrastructure supported top-line growth. He added, “Our service and maintenance business provides a stable base of recurring revenue,” highlighting its increased share of the company’s work.

ANI Pharmaceuticals' first quarter results were marked by substantial top-line growth, but the market responded negatively, with shares falling sharply after the report. Management attributed the quarter’s revenue strength to a surge in generics sales, ongoing robust demand for Cortrophin Gel, and increased activity in branded products. CEO Nikhil Lalwani said, “The first quarter reflected particularly strong performance for our generics business, continued solid demand for Cortrophin Gel, and increased demand for our brands portfolio.” However, margin pressures and near-term challenges in the retina segment weighed on investor sentiment.

Starwood Property Trust’s first quarter results were received positively by the market, despite a year-over-year revenue decline. Management attributed the outperformance to an acceleration in new investment activity, with $2.3 billion committed—the highest in nearly three years—fueled by strong loan originations in both commercial and infrastructure lending. CEO Barry Sternlicht pointed to the company’s diversified and low-leverage model as a foundation for steady performance, noting, “We have probably never entered this period with a better balance sheet, a better team, [and] more opportunities in all of our sectors to achieve excess returns.”

European Wax Center’s first quarter saw a strong market reaction as the company surpassed Wall Street’s revenue and adjusted profit expectations, despite flat year-over-year sales. Management credited the outperformance to early progress in modernizing its marketing strategy, improvements in franchisee support, and cost discipline. CEO Chris Morris highlighted that new guest trends were improving each month, supported by data-driven digital marketing and enhanced engagement with non-core guests. Management also emphasized operational changes aimed at narrowing the performance gap between underperforming and healthy centers, with new tools and increased direct support for franchise partners.

RBC Bearings’ first quarter saw a positive market response despite missing Wall Street’s revenue target, as strong demand in both its aerospace and industrial segments drove year-on-year sales growth. Management attributed the performance to robust gains in commercial aerospace, defense, and a notable turnaround in industrial operations, particularly through targeted service level improvements and new product introductions. CEO Michael Hartnett credited the breadth of RBC’s portfolio, as well as organic growth initiatives with key customers, for helping the company outperform broader industrial trends and expand gross margins. He also noted, “Our outgrowth relative to peers and the broader industrial economy has been notable.”

Brink's first quarter results were met with a negative market reaction, despite the company surpassing Wall Street’s revenue and non-GAAP profit expectations. Management pointed to continued momentum in its higher-margin, recurring revenue businesses—ATM Managed Services (AMS) and Digital Retail Solutions (DRS)—as core drivers of performance, each achieving over 20% growth for the fourth consecutive quarter. CEO Mark Eubanks acknowledged that elevated activity in the Global Services segment, stemming from increased precious metals movement, also contributed to topline stability. However, the company noted that flat year-on-year sales and margin pressures from foreign exchange and lower interest income in Argentina weighed on the overall result.

Bumble’s first quarter results were met with a positive market reaction despite revenue declining year over year. Management attributed the performance to a deliberate shift in strategy, aiming to prioritize user quality over scale. CEO Whitney Wolfe Herd highlighted the importance of improving member experience, stating, “Quality is the key to enduring growth.” The company has accelerated efforts to remove bots, scammers, and low-quality profiles while refreshing its matching algorithm. These actions, combined with reduced performance marketing spend, have led to a more focused and disciplined approach. Wolfe Herd acknowledged that this pivot has resulted in near-term headwinds to growth metrics, but believes it lays the groundwork for sustainable momentum.

Beacon Roofing Supply’s fourth quarter results reflected mixed performance, with sales growth primarily driven by recent acquisitions and digital channel expansion. Management cited a slowdown in residential roofing demand, especially in the North and West regions, as a key challenge late in the quarter. CEO Julian Francis highlighted that, despite “well below the usual sales trend” in November and December, the company achieved record net sales and adjusted EBITDA, attributing this to strong execution on cost actions and continued progress in digital sales and private label products. Management acknowledged that weather patterns and softer housing activity were headwinds impacting both volume and mix.

Guardant Health’s first quarter results were shaped by strong growth in both its oncology and screening businesses, with management crediting product upgrades and increasing test volumes as key drivers. Co-CEO Helmy Eltoukhy pointed to “some of the strongest growth we’ve seen in a number of years” for Guardant360, following recent enhancements to its liquid biopsy platform, while the Reveal test contributed additional volume gains. Management also highlighted operational improvements and reimbursement wins that helped both Reveal and Shield turn gross margin positive.

Sweetgreen’s first quarter was marked by mixed signals, as the company delivered revenue and profitability above Wall Street expectations, yet faced a sharp market selloff following the announcement. Management attributed the quarter’s performance to operational progress in new restaurant formats, including Infinite Kitchen and sweetlane, as well as strong menu innovation such as the national launch of Ripple Fries. CEO Jonathan Neman highlighted that external headwinds—including adverse weather, holiday timing, and ongoing challenges in key urban markets—contributed to a same-store sales decline. The company also cited a cautious consumer environment as a drag on traffic.

Disney’s first quarter of 2025 was marked by a robust performance, with management pointing to strong execution in its Experiences segment, particularly domestic theme parks and cruise operations. CEO Bob Iger cited “all-time highs” for returns on invested capital in Experiences and highlighted the impact of targeted investments in U.S. theme parks. Management also credited the ongoing integration of Hulu content and sports within Disney+ as improving user engagement and reducing churn. The market responded positively, reflecting confidence in Disney’s multi-pronged growth strategy and the resilience of its core businesses.

Elanco’s first quarter delivered results ahead of market expectations, driven by momentum in both its innovation pipeline and farm animal portfolio. Management highlighted strong contributions from recently launched products, especially within its “Big 6” innovation portfolio, and robust growth in the U.S. cattle segment. CEO Jeffrey Simmons emphasized, “This strong Q1 performance represents our seventh quarter of underlying growth,” noting the balanced impact of both price and volume. The company also overcame a challenging U.S. retail environment early in the quarter, with sales rebounding in March and April as seasonal demand for pet health products improved.

Fidelity National Financial’s first quarter drew a negative market reaction, as both revenue and non-GAAP profit fell short of Wall Street’s expectations. Management attributed the underperformance to persistent headwinds in housing transaction volumes and the impact of elevated mortgage rate volatility. CEO Mike Nolan noted, “For the month of April, we have seen purchase open orders down 3% due to the impact of uncertainty and mortgage rate volatility.” The company nonetheless highlighted operational efficiencies and technology investments that partially offset volume pressure.

Coherent’s first quarter results reflected robust year-over-year growth, driven by continued strength in AI data center and telecom demand. Management attributed the quarter’s performance to strong execution on new product introductions and expansion in advanced optical technologies. CEO Jim Anderson emphasized the company’s progress in launching multiple high-speed transceivers and noted that recent product launches at the Optical Fiber Communications Conference captured customer interest. Anderson explained, “We achieved record Q3 revenue which grew 11% sequentially and 54% year-over-year due to ongoing strong AI data center demand.”

Revvity delivered a first quarter that reflected solid execution amid a volatile macroeconomic backdrop, with sales outpacing Wall Street expectations and organic growth supported by resilient diagnostics and software segments. Management cited stabilized demand from pharmaceutical and biotech customers and a notable rebound in diagnostics, especially in areas like newborn screening. CEO Prahlad Singh pointed to unexpected softness in U.S. academic spending, which affected life science instruments, but emphasized that strong operational management and a diversified product mix allowed the company to overcome these challenges. Singh noted, “Our ability to continue to generate strong organic growth and better-than-expected earnings in this environment is a testament to the resilience of our business and the tremendous efforts of our people.”

Procter & Gamble’s first quarter results drew a negative market response, as consumer and retail volatility led to a year-on-year sales decline and a modest miss against Wall Street’s revenue expectations. Management attributed this outcome to lower consumption levels in both the U.S. and Europe, driven by consumer caution, shifting shopping patterns, and inventory reductions at major retailers. CFO Andre Schulten described the environment as “a logical response from the consumer to pause,” highlighting increased movement toward value channels and persistent economic uncertainty. Despite these headwinds, the company maintained its focus on brand innovation and market share retention, noting that its strongest categories continued to outperform peers even as overall demand softened.

Hub Group’s first quarter saw revenue fall short of Wall Street expectations, driven by lower pricing and softer demand in key segments despite a notable recovery in shipment volumes. Management attributed these results to shifting customer strategies in response to global trade turbulence, particularly uncertainty around tariffs and changing import patterns. CEO Phil Yeager pointed to an 8% year-on-year increase in Intermodal volumes, supported by new contract wins and growth in Mexico, but acknowledged that a 12% reduction in revenue per load, impacted by fuel mix and pricing, weighed on the top line. The company’s cost control initiatives and efficiency gains in its logistics operations contributed to stable operating margins, offsetting some headwinds.

Rumble’s first quarter results were well received by the market, as management pointed to significant progress in user retention and early wins in brand advertising. CEO Chris Pavlovski emphasized a notable improvement in user retention rates following major U.S. political events, underscoring the platform’s ability to maintain its core audience. The quarter also saw the successful onboarding of high-profile brand campaigns, including partnerships with Netflix, which management described as a key validation of Rumble’s advertising offering. Additionally, the company highlighted advancements in cloud and audience monetization initiatives, positioning Rumble for further growth.

Lyft’s first quarter results for 2025 saw sales grow year over year despite missing Wall Street’s revenue and profit expectations. The market responded positively, driven by management’s emphasis on expanding into new regions and product categories. CEO David Risher highlighted that growth was broad-based, noting, “We delivered Q1 records in gross bookings, adjusted EBITDA and free cash flow.” Management pointed to rising active riders, increased driver engagement, and ongoing investments in platform reliability as the primary contributors to quarterly performance.

Skillz’s first quarter results were received positively by the market, with management attributing performance to ongoing improvements in user engagement and operational cost controls. CEO Andrew Paradise emphasized the impact of their four-pillar strategy, noting that new initiatives such as the Accelerator program and focused marketing to lapsed users helped drive sequential growth in paying users. Management also highlighted ongoing industry litigation as a factor affecting the competitive landscape, underscoring the company’s commitment to fair play and transparency. CFO Gaetano Franceschi pointed to reduced operating expenses and improved cash management as key elements supporting financial stability during the quarter.

Arlo’s first quarter results were well received by the market, reflecting operational strength in its transition toward a services-centric business model. Management attributed performance to rapid subscriber growth and higher average revenue per user, both driven by the continued adoption of Arlo Secure 5 and premium service plans. CEO Matthew McRae highlighted that the company added 298,000 paid subscribers and saw annual recurring revenue climb to $276 million. He noted, “This acceleration of Arlo’s subscription and services business is the clear driver for our outstanding Q1 financial results.”

Bill.com’s first quarter results were met with a negative market reaction, despite the company delivering revenue above analyst expectations and strong non-GAAP profitability. Management attributed the quarter’s results to disciplined execution on its platform strategy, robust adoption of new payment features, and expanding partnerships with accounting firms. However, CEO Rene Lacerte noted that small and midsized businesses (SMBs) are becoming more cautious in their spending, leading to fewer transactions per customer and slightly lower overall spend. Lacerte remarked, “This is the greatest amount of uncertainty that [SMBs] have seen since the beginning of COVID,” highlighting a more challenging demand environment.

DoubleVerify’s first quarter results were marked by robust revenue growth, but the market responded negatively given a significant shortfall in non-GAAP profits. Management credited strong adoption of its core verification and performance solutions, particularly across social media and connected TV (CTV), for driving customer expansion with both new and existing enterprise clients. CEO Mark Zagorski highlighted rapid scaling in activation solutions, including successful launches with major brands and increased usage of its CyBids AI optimization tool. He attributed the top-line acceleration to deeper platform integration and a steady influx of supply-side partnerships, while also noting “no evidence of macroeconomic pressure affecting customer demand.” Despite these positives, profit margins were pressured by increased investment in product development and integration costs associated with recent acquisitions.

RingCentral’s first quarter results were met positively by the market, with management attributing growth to increased adoption of its AI-powered products and continued momentum across key customer segments. CEO Vlad Shmunis highlighted the company’s progress in expanding its product suite, particularly with RingCX and AIR, stating, “We achieved total revenues of $612 million... and expanded operating margin.” Management also noted stronger engagement from small businesses and telecom partners, a trend that supported both revenue growth and improved operating efficiency.

Sprout Social delivered a positive first quarter, with the market responding favorably to its performance. Management attributed the results to strong enterprise customer momentum and increased adoption of premium modules such as influencer marketing and customer care solutions. CEO Ryan Barretto highlighted strategic wins with major brands across diverse industries, pointing to the growing importance of social media as a primary channel for customer engagement and brand discovery. Management credited enhancements in the company’s platform—particularly new AI-powered features—for driving improved customer outcomes and higher retention rates.

Astrana Health’s first quarter results for 2025 were met with a negative market reaction, with revenue growth driven by its Care Partners segment and progress in full-risk contracts. However, management acknowledged that the quarter’s performance was tempered by lower-than-expected revenue and compressed operating margins. CEO Brandon Sim pointed to the flu season and higher emergency room and lab utilization in Medicaid as factors impacting costs, while also highlighting ongoing investments in technology and integration. Sim stated, “Margins were moderated by planned ongoing investments in growth integration technology, as well as by revenue growth in areas with lower near-term margin profiles.”

BeautyHealth’s first quarter results were met with a significant positive market reaction, underscoring management’s progress in stabilizing and repositioning the business. The company attributed its outperformance to robust growth in consumables, which now make up over 70% of revenue, and to operational improvements. CEO Marla Beck highlighted the impact of the company’s transformation strategy, noting, “Our first quarter results reflect this momentum with strong consumable sales across all regions and notable improvements in key metrics, including gross margin and bottom line profitability.” While equipment sales remained under pressure due to macroeconomic headwinds, the shift to high-margin recurring revenue streams and disciplined cost controls were central to the quarter’s performance.

nLIGHT’s first quarter was marked by robust revenue growth and a significant year-over-year improvement in profitability, with results exceeding Wall Street expectations and prompting a strong positive market reaction. Management attributed the outperformance to another quarter of record defense revenue, which accounted for over 63% of total sales, up from 49% a year ago. CEO Scott Keeney highlighted that “the outperformance was primarily driven by another quarter of record defense revenue,” specifically citing strong momentum in directed energy and laser sensing programs for aerospace and defense customers. Sequential improvements in microfabrication, supported by stabilized operations at a Thai contract manufacturing partner, also contributed to the quarter.

Compass reported first quarter results that fell short of Wall Street’s revenue and profit expectations, leading to a sharp negative market reaction. Management attributed the quarter’s mixed performance to both industry headwinds and execution on strategic initiatives, citing strong agent recruitment and increased market share despite ongoing volatility. CEO Robert Reffkin emphasized that Compass outpaced the broader real estate market in transaction growth, noting, “Compass’s total transaction count outpaced the market by close to 30%.” The company also highlighted record retention rates and the initial benefits of its Christie's International Real Estate acquisition. However, management acknowledged some caution, pointing specifically to market disruption in March related to tariff policy discussions and a temporary dip in transaction activity.

Figs’ first quarter results were met with a negative market reaction, despite revenues coming in ahead of Wall Street expectations. Management cited a return to growth in the U.S. market, improved average order value, and successful reactivation of lapsed customers as key factors underlying the period’s performance. CEO Trina Spear highlighted, “The start of the year, Q2, repeat frequency is up. U.S. business is up. Scrubwear is up, non-scrubwear is up. We had a record quarter of AOV at $119.” However, executives acknowledged ongoing cost pressures—particularly higher fulfillment and shipping expenses—and a dynamic macro environment as persistent headwinds.

JFrog’s first quarter results for 2025 were met with a positive market reaction, as underlying drivers included robust cloud revenue growth and expanding enterprise adoption of its software supply chain platform. Management credited the quarter’s performance to increased customer consumption across its cloud offerings, particularly among large enterprise clients, and highlighted the success of its strategic partnerships and platform enhancements. CEO Shlomi Ben Haim emphasized, “Our first quarter results underscore JFrog's essential role as a system of record for software delivery from creation to production for customers prioritizing automation, scale, speed, and trust.”

PubMatic’s first quarter results reflected resilience in the face of sector headwinds, as the company’s performance was shaped by both ongoing challenges and emerging opportunities within the programmatic advertising landscape. Management emphasized that, while revenue declined year over year, core business areas such as connected TV (CTV) and supply path optimization (SPO) experienced robust growth. CEO Rajeev Goel highlighted that “excluding the affected DSP and political spend, year-over-year revenue growth accelerated to 21%,” underscoring the strength in newer media channels and data-driven offerings. The company continues to adapt to shifting advertiser preferences and industry changes, helping to offset softness in certain display segments.

HubSpot’s first quarter was characterized by steady customer growth and continued momentum in AI-driven product adoption, yet the market responded negatively to the results. Management pointed to strong net new customer additions and the increasing uptake of multi-hub solutions, with CEO Yamini Rangan citing “over 10,000 net customer additions” and “large deal growth up 23% year-over-year.” However, persistent macro uncertainty and a heightened customer focus on value contributed to cautious investor sentiment. Rangan acknowledged that, despite broad-based strength, “uncertainty remains the constant,” particularly as businesses scrutinize technology investments.

Olo’s first quarter results were marked by continued customer growth and operational progress, prompting a positive market response. Management attributed the quarter’s performance to strong deployment activity, increased adoption of its core modules, and successful upselling of new products like Catering Plus and Olo Pay. CEO Noah Glass highlighted that the company added approximately 2,000 net new locations and achieved double-digit growth in average revenue per user, driven by expanded use of its platform among both enterprise and emerging restaurant brands. Management also credited healthy order volumes within the limited service segment for supporting top-line growth and noted that gross revenue retention improved sequentially.

Dropbox’s first quarter results came in ahead of Wall Street’s expectations for both revenue and non-GAAP profitability, but the company reported a modest year-over-year sales decline and a slight drop in paying users. Management attributed the quarter’s outcome to deliberate reductions in marketing and headcount, particularly within the FormSwift business, which pressured top-line growth but boosted margins. CEO Drew Houston emphasized that product improvements—especially in onboarding and user experience for teams—drove better-than-expected retention and engagement, noting a 50% year-over-year increase in desktop activations.

Texas Roadhouse’s first quarter results were met with a positive market response, as management pointed to consistent guest demand and solid top-line momentum following a slow February. CEO Jerry Morgan highlighted, “Our average weekly sales for March hit all-time highs at all three brands,” attributing the rebound to strong operational execution and guest loyalty. Management also discussed the impact of weather disruptions early in the quarter but indicated that sales trends normalized as conditions improved. The company’s focus on maintaining value and high service standards resonated with customers, helping to offset ongoing inflationary pressures and mixed economic signals.

Sensata Technologies’ first quarter results drew a positive market response, with management attributing performance to operational initiatives and effective tariff risk management. CEO Stephan von Schuckmann highlighted the company’s focus on standardizing production systems across its manufacturing sites and advancing supply chain integration, noting these steps as key to offsetting market headwinds. The removal of low-growth products and improved inventory management also played roles, while the Sensing Solutions segment returned to growth, buoyed by new product introductions. Von Schuckmann commented, “We are now continuously benchmarking Sensata internally and externally to remain the supplier of choice for our customers, affording us the opportunity to win new business and gain share.”

Collegium Pharmaceutical’s first quarter results were well received by the market, with management crediting growth in its ADHD medicine Jornay and stability in its pain portfolio as the primary drivers. CEO Vikram Karnani highlighted that Jornay prescriptions grew 24% year-over-year, and all three pain medicines delivered single-digit revenue growth, despite typical first-quarter headwinds. Karnani emphasized, “We have made significant progress on each of our strategic priorities,” citing the successful expansion of the sales force and continued investment in product differentiation as key factors supporting performance.

Expedia's first quarter results were met with a negative market reaction after the company missed Wall Street’s revenue expectations, despite outperforming on non-GAAP earnings per share and adjusted EBITDA. Management pointed to a softer U.S. travel market, particularly for inbound and domestic bookings, as a primary factor behind the revenue shortfall. CEO Ariane Gorin explained, “US demand was soft, driven by declining consumer sentiment and we saw pressure on key inbound US corridors.” While Expedia’s B2B and advertising segments delivered strong growth, the high concentration of U.S. business in its direct-to-consumer brands limited overall performance.

Akamai’s first quarter results were met with a negative market reaction, despite the company matching Wall Street’s revenue expectations and exceeding analyst forecasts for adjusted earnings. Management attributed the quarter’s performance to continued momentum in its security and compute segments, with both areas growing at double-digit rates and now comprising the majority of Akamai’s revenue. CEO Tom Leighton highlighted strong customer adoption of Guardicore for segmentation and robust demand for Akamai’s API security products. However, leadership acknowledged that delivery segment revenue declined and operating margins compressed from the prior year, largely due to business mix shifts and higher costs.

CarGurus’ first quarter results drew a positive market reaction, driven by the company’s ongoing momentum in its core marketplace business and expanded operating margins. Management attributed the quarter’s performance to strong dealer adoption, increased subscription tier upgrades, and robust growth in value-added products and OEM advertising. CEO Jason Trevisan emphasized that marketplace revenue rose due to “dealer count growth, subscription tier upgrades, increased adoption of value-added products and services, and strong lead growth.” International markets, especially Canada and the UK, also contributed to the growth through higher traffic and dealer engagement.

Insulet’s first quarter was marked by strong momentum, as the company delivered results that exceeded Wall Street’s expectations and were met with a positive market reaction. Management attributed this outperformance to robust demand for its Omnipod 5 insulin delivery system, particularly in both U.S. and international markets. CEO Ashley McEvoy, newly appointed to the role, emphasized the company’s success in attracting new users, noting that more than 30% of U.S. new customer starts were from people with type 2 diabetes—a clear sign of expanding market reach. Chief Financial Officer Ana Chadwick pointed to manufacturing and supply chain efficiencies as key drivers of margin improvement, and highlighted that, despite some headwinds from tariffs, gross margin continued to expand. The combination of commercial execution and product innovation was central to the quarter’s performance.

1-800-FLOWERS faced a difficult first quarter, as the market responded sharply to results that missed Wall Street’s expectations. Management attributed the shortfall to both external and internal factors, including declining consumer sentiment, increased tariffs, and expensive digital marketing channels that failed to yield expected returns. CEO Jim McCann was notably self-critical, describing the company’s order management system rollout as a “colossal screw-up” that impacted sales and customer satisfaction, particularly in the Harry & David brand. The leadership team also acknowledged the loss of lower-income customers and a promotional market environment as key contributors to the quarter’s underperformance.

Solventum’s first quarter results were driven by improvements in commercial execution and new product launches, particularly in the MedSurg and Dental Solutions businesses. CEO Bryan Hanson credited dedicated commercial teams and strong demand for products like the V.A.C Peel and Place dressing for volume growth, stating, “This makes it now 4 consecutive quarters of positive growth and sequential improvement.” Management also pointed to a reversal of multi-year volume declines as evidence that foundational changes in talent and strategy are gaining traction.

Paramount’s first quarter results were positively received by the market, reflecting operational improvements despite ongoing industry pressures. Management credited strong engagement on Paramount+ and robust sports programming on CBS for mitigating declines in traditional TV and digital advertising. Co-CEO Chris McCarthy highlighted, “Our focused execution with high performing content drove strong results across the company,” pointing to D2C (direct-to-consumer) profitability improvements and subscriber growth. Advertiser demand for live sports and hit programming, such as the NFL playoffs and NCAA tournaments, helped offset digital ad softness, while cost discipline and content investment supported margin expansion.

MDU Resources’ first quarter results showed a mix of strong revenue growth and lower-than-expected profitability, with management attributing performance to higher earnings in its Pipeline and Natural Gas Distribution segments. The company benefited from increased demand for natural gas transportation and storage, alongside rate relief in key utility markets and robust customer growth—particularly within its electric and natural gas service territories. CEO Nicole Kivisto noted that “our Pipeline and Natural Gas Distribution segments grew earnings by 13.9% and 11.5% respectively, year-over-year, driving our solid first quarter performance.” However, higher operating and maintenance expenses, including outage-related costs, and lower returns on non-qualified benefit plan investments, weighed on overall profitability.

ScanSource’s first quarter saw revenue fall short of Wall Street expectations, yet the market responded positively due in part to the company’s strong non-GAAP earnings and robust margin management. Management attributed these results to the ongoing shift toward higher-margin, recurring revenue streams, especially through its Intelisys & advisory segment and the integration of recent acquisitions. CEO Mike Baur explained, “Our results demonstrate our hybrid distribution success with our focus on specialty technologies and Intelisys & advisory recurring revenue.” The company’s improved free cash flow and disciplined expense controls helped offset softer demand conditions.

Match’s first quarter performance met Wall Street’s revenue expectations but drew a sharp negative market reaction, as revenue declined year over year and paying users continued to fall. Management attributed the softness primarily to ongoing declines in Tinder’s user base and payer count, which CFO Steven Bailey described as “declining but at a stable rate.” CEO Spencer Rascoff acknowledged that some of the audience decline was intentional due to efforts to remove bad actors, but also emphasized the need for fundamental product changes to arrest broader user losses. Notably, the company announced a 13% workforce reduction and a broader organizational restructuring to unify operations and accelerate product development.

Perma-Fix’s first quarter results for 2025 were marked by modest revenue growth but missed Wall Street’s expectations, even as the market responded positively. Management attributed the quarter’s performance to temporary delays in federal procurement, particularly around the transition of the U.S. administration, as well as a slow start in project activity. CEO Mark Duff cited improving waste receipts toward quarter-end and a growing backlog—up 30% year-over-year—as signs of momentum. The Treatment segment benefited from increased waste volume and operational efficiency efforts, while Services saw improved margins despite lower revenue due to proactive cost controls.