Shares of used-car retailer America’s Car-Mart (NASDAQ:CRMT)
jumped 6.7% in the afternoon session after investor optimism grew ahead of its quarterly earnings release, bolstered by positive news from the broader used car market.
Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP)
jumped 11% in the afternoon session after the company raised its financial guidance for its third fiscal quarter, citing stronger-than-expected business performance, bookings, and backlog. Microchip now expected its net sales and earnings per share to be at the high end of its previously provided range. This revised outlook represented an approximate 12% year-over-year growth in revenue. The company also anticipated non-GAAP earnings per share to be about $0.40, surpassing prior estimates. The CEO stated that business was performing better than expected with booking activity remaining strong. In addition to the upgraded forecast, the company also announced the launch of new energy-efficient power monitors designed to reduce power consumption by 50% in portable devices.
Shares of buy-now-pay-later service Sezzle (NASDAQCM:SEZL) jumped 6.4% in the afternoon session after positive reports for the "Buy Now, Pay Later" (BNPL) industry pointed to a strong holiday shopping season. This optimism stemmed from an Adobe Analytics forecast that projected spending using BNPL services would reach $20.2 billion during the holidays, an 11 percent increase from the previous year. "Buy Now, Pay Later" plans allow consumers to make purchases and pay for them over time. The payment method continued to gain popularity, especially among younger shoppers, signaling a healthy and expanding market for companies operating in the sector.
Shares of lab services company Charles River Laboratories (NYSE:CRL)
jumped 6.1% in the afternoon session after the company provided an encouraging business update at an investor conference, highlighting positive demand trends.
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB)
jumped 5.6% in the afternoon session after analyst commentary highlighted the company's record third-quarter revenue and potential for significant government contract work. The launch provider recently reported its highest-ever quarterly revenue of $155 million, a figure that beat Wall Street estimates and represented year-over-year growth of more than 48%. The company also posted a smaller-than-expected loss per share. Following the strong results, Cantor Fitzgerald maintained its Overweight rating and a $72 price target on the stock. Analysts pointed to the company's substantial $1.1 billion backlog and potential for future growth from government contracts. Rocket Lab was working on a $515 million contract with the U.S. Space Development Agency and bidding on another project for the agency worth up to $900 million.
Shares of cosmetics company e.l.f. Beauty (NYSE:ELF)
jumped 6.2% in the afternoon session after the company presented at the Morgan Stanley Global Consumer & Retail Conference. Such investor conferences are important events where company leaders often share updates on their business strategy, financial performance, and future outlook. A positive presentation can increase investor confidence and drive interest in a company's stock. The significant upward move in the share price suggested that the market reacted favorably to the information and commentary provided by e.l.f. Beauty's management team during the event.
Shares of electronic component manufacturer Belden (NYSE:BDC) jumped 5.7% in the afternoon session after investors reacted to positive news from the broader networking sector, following key innovation announcements from industry peers.
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 5.5% in the afternoon session after the company announced its first major automotive partnership in Europe with HYROX, the World Series of Fitness Racing.
Shares of digital transformation consultancy Grid Dynamics (NASDAQ:GDYN) jumped 10.2% in the afternoon session after investor optimism grew around the need for grid modernization, fueled by surging electricity demand from artificial intelligence (AI) data centers and electric vehicles.
Shares of financial services company Triumph Financial (NASDAQ:TFIN) jumped 7% in the afternoon session after a recent regulatory filing showed that institutional investor Creative Planning acquired a new position in the company's stock during the second quarter. The filing with the SEC revealed that Creative Planning purchased 13,194 shares, a stake valued at approximately $727,000. While the purchase took place in a previous quarter, the disclosure of a new position by a large investor often signaled confidence to the market. Such investments from institutional players sometimes led other investors to view a stock more favorably, suggesting a positive outlook on the company's future performance.
Insurance software provider Guidewire Software (NYSE:GWRE) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 26.5% year on year to $332.6 million. Guidance for next quarter’s revenue was better than expected at $342 million at the midpoint, 1.5% above analysts’ estimates. Its non-GAAP profit of $0.66 per share was 7.5% above analysts’ consensus estimates.
Fashion conglomerate PVH (NYSE:PVH) met Wall Streets revenue expectations in Q3 CY2025, with sales up 1.7% year on year to $2.29 billion. Its non-GAAP profit of $2.83 per share was 11.4% above analysts’ consensus estimates.
Automation software company UiPath (NYSE:PATH) announced better-than-expected revenue in Q3 CY2025, with sales up 15.9% year on year to $411.1 million. The company expects next quarter’s revenue to be around $464.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.16 per share was 9.6% above analysts’ consensus estimates.
Wall Street enjoyed sizable gains after a weaker-than-expected ADP private payrolls report, which reignited hopes for another rate cut during the Federal Reserve's meeting next week.
Custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) reported revenue ahead of Wall Streets expectations in Q3 CY2025, but sales fell by 15.6% year on year to $246.9 million. The company expects the full year’s revenue to be around $950 million, close to analysts’ estimates. Its non-GAAP loss of $0.19 per share was in line with analysts’ consensus estimates.
Banking software provider nCino (NASDAQ:NCNO) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 9.6% year on year to $152.2 million. The company expects next quarter’s revenue to be around $147.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.31 per share was 49.9% above analysts’ consensus estimates.
Enterprise AI software company C3.ai (NYSE:AI) met Wall Streets revenue expectations in Q3 CY2025, but sales fell by 20.3% year on year to $75.15 million. The company expects next quarter’s revenue to be around $76 million, close to analysts’ estimates. Its non-GAAP loss of $0.25 per share was 24.8% above analysts’ consensus estimates.
Cloud data platform provider Snowflake (NYSE:SNOW) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 28.7% year on year to $1.21 billion. Its non-GAAP profit of $0.35 per share was 12.5% above analysts’ consensus estimates.
Young adult apparel retailer Tilly’s (NYSE:TLYS) beat Wall Street’s revenue expectations in Q3 CY2025, but sales fell by 2.7% year on year to $139.6 million. Guidance for next quarter’s revenue was better than expected at $148.5 million at the midpoint, 1.6% above analysts’ estimates. Its GAAP loss of $0.05 per share was 83.3% above analysts’ consensus estimates.
Women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) missed Wall Street’s revenue expectations in Q3 CY2025, with sales falling 10.8% year on year to $235.2 million. The company’s full-year revenue guidance of $998.5 million at the midpoint came in 2.2% below analysts’ estimates. Its GAAP loss of $0.06 per share was significantly below analysts’ consensus estimates.
CRM software giant Salesforce (NYSE:CRM) met Wall Streets revenue expectations in Q3 CY2025, with sales up 8.6% year on year to $10.26 billion. The company expects next quarter’s revenue to be around $11.18 billion, coming in 2.5% above analysts’ estimates. Its non-GAAP profit of $3.25 per share was 13.6% above analysts’ consensus estimates.
Discount retailer Five Below (NASDAQ:FIVE) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 23.1% year on year to $1.04 billion. On top of that, next quarter’s revenue guidance ($1.60 billion at the midpoint) was surprisingly good and 3.6% above what analysts were expecting. Its non-GAAP profit of $0.68 per share was significantly above analysts’ consensus estimates.
