Robust Earnings and Market Developments
Amazon (AMZN) reported strong Q4 2024 financial results with net sales increasing 10% to $187.8 billion. Operating income surged to $21.2 billion, up from $13.2 billion in Q4 2023. The company's fast-paced delivery services and record-breaking Black Friday Week sales contributed to a year-end net income of $20.0 billion ($1.86 per share).
Expedia Group (EXPE) reported strong Q4 2024 results with a 124% increase in net income to $299 million and adjusted EBITDA rising 21% due to significant growth in both B2C and B2B segments. The reinstatement of its quarterly dividend at $0.40 per share for March 2025 aims to enhance shareholder value.
i3 Verticals (IIIV) reported strong fiscal Q1 2025 results with revenue reaching $61.7 million, up 12.1% year-over-year. The company transitioned from a $4.2 million net loss to a net income of $3.3 million. Adjusted EBITDA grew 17% to $16.4 million, with margins improving.
Fortinet (FTNT) reported Q4 2024 results with revenue reaching $1.66 billion, up 17.3% year-over-year. The company announced Q1 2025 revenue projections between $1.500-1.560 billion and full-year revenue guidance of $6.650-6.850 billion.
Strategic Collaborations and Innovations
Nuvve Holding Corp. (NVVE) launched a pilot program with ComEd to examine the effects of vehicle-to-grid technology, supporting efforts to enhance grid sustainability and reduce energy costs.
Gogo Business Aviation (NASDAQ: GOGO) announced a partnership with Airbus to enhance connectivity solutions for Airbus Corporate Jets, aiming to deliver global, low-latency broadband services integrating advanced satellite and Air-to-Ground systems.
Mergers and Acquisitions
SilverCrest Metals (SILV) announced its securityholders have overwhelmingly approved the transaction with Coeur Mining, with 99.32% voting in favor, paving the way for Coeur's acquisition of all outstanding shares.
Alumis (ALMS) and ACELYRIN (SLRN) announced a merger creating a late-stage clinical biopharma company focused on immune-mediated diseases.
Business Strategies and Sector Expansions
Cloudastructure (NASDAQ: CSAI) plans to double its salesforce, responding to soaring demand for AI-driven surveillance solutions in multifamily and enterprise markets.
Monolithic Power Systems (MPWR) authorized a $500 million stock repurchase program, building on strong 2024 earnings and seeking continued growth in Enterprise Data, Automotive, and Communications segments.
Earnings Releases and Financial Outlooks
Post Holdings (NYSE: POST) has reported Q1 FY2025 results with net sales of $2.0 billion and increased its fiscal year 2025 Adjusted EBITDA outlook, demonstrating boosted financial confidence.
Principal Financial Group (PFG) reported strong 2024 results with an 11% increase in non-GAAP EPS. A new $1.5 billion share repurchase authorization and a dividend increase reflect confidence in ongoing financial strength.
Centrus Energy (LEU) reported solid 2024 results with revenue increasing to $442.0 million and key DOE contracts catalyzing further growth.
Technology and Sustainability Initiatives
Senseonics Holdings (NYSE: SENS) submitted a CE Mark registration for its Eversense 365, advancing its global market for the world's first one-year continuous glucose monitoring system, revolutionizing diabetes care.
Neuronetics (NASDAQ: STIM) launched an underwritten public offering to support business expansion, granting a purchasing option to Canaccord Genuity for additional shares. The successful offering could boost development opportunities.
