Articles by James Calloway
Rigetti's Q2 Revenue Soars 185% but Client Concentration and Rising Losses Weigh on Shares
Rigetti Computing's Q2 revenue jumped 185% to $5.14M, led by quantum system sales, yet investor sentiment cooled as operating losses widened and revenue remained concentrated among a few customers.
Rocket After-Hours Slide Masks Record Mortgage Share
Rocket Companies (RKT) shares fell after-hours as Q2 revenue missed despite record mortgage share, with lower-margin channels pressuring revenue.
Twilio Soars 16% on Strong Q2 Results and Raised Full-Year Guidance
Twilio (NYSE:TWLO) surged 16% after hours as Q2 results topped expectations and the company lifted its full-year guidance, signaling a strong turnaround from last year's slump.
Atlassian Stock Soars 35% After Hours on Cloud Revenue Strength
Atlassian's shares jumped 35% in after-hours trading after Q4 revenue and earnings beat estimates, driven by cloud growth, with Q1 guidance above consensus.
Airbnb Beats Q2, Raises Forecasts; AI Drives Efficiency
Airbnb beat Q2 expectations, raised full-year guidance, and shares jumped 8.5% in after-hours trading. AI efficiencies helped fund higher marketing spend.
Applied Optoelectronics Q2 Revenue Jumps 86%, But Stock Wavers on Dilution and Margin Concerns
Applied Optoelectronics reported Q2 revenue up 86% to $191.9M, but diluted share count rose 42%, pressuring per-share metrics. Q3 guidance beat on revenue but disappointed on EPS.
Cloudflare Stock Soars Past Price Targets on Q2 Beat, Raised Outlook
Cloudflare (NET) jumped 17.8% in after-hours trading to $335 after Q2 revenue surged 36% and management raised full-year guidance, sending shares past all analyst price targets.
Hertz Stock Soars 29% on Q2 Beat, But Q3 Is the Real Test
Hertz (HTZ) surged 29.5% after beating Q2 earnings estimates, but the full-year forecast depends on Q3. Short covering and strong pricing drove the rally.
Honest Company Stock Soars 40% on Wipes Growth and Raised Outlook
The Honest Company (NASDAQ:HNST) shares surged 40% after Q2 wipes sales jumped 37% and management raised its full-year outlook. Adjusted gross margin improved 340 basis points.
Pfizer Stock Rises as Core Drug Growth Offsets COVID Decline
Pfizer (PFE) shares rose 0.9% after Q2 results beat estimates, with non-COVID drug growth offsetting a steep decline in COVID product sales.
Plug Power Stock Slips as Cash Burn Concerns Loom Ahead of Q2 Earnings
Plug Power (NASDAQ: PLUG) shares declined 2.6% to $2.045 as investors await Q2 results, focusing on cash burn and liquidity measures. Analysts project a loss of $0.08 per share.