Bell: Check out the companies making headlines after Booking Holdings – Online travel companies rose 3% after fourth quarter results exceeded analyst expectations. Adjusted revenue was $41.55 per share, with revenues of $5.47 billion. Analysts were looking for revenues of $36.03 per share, $5.18 billion per LSEG. Akamai Technology – Cloud Computing Stock flowed over 6% after deriving quarter revenue and revenue estimates lower than what analysts expected. In the current quarter, Akamai believes adjusted revenues of between $1.54 and $1.59 per share will reach between $10 billion and $1.02 billion. Analysts sought revenue of $1.65 against revenue of $1.65 per LSEG. Dropbox – Stocks slipped nearly 6%. Cloud Storage Company said non-GAAP gross profits reached 83.1% in the fourth quarter, in line with analyst expectations. However, Dropbox reported adjusted revenue and revenue that beat Wall Street’s forecasts. Rivian Automotive – Shares in the electric car maker have advanced more than 3%. Libian posted an adjusted loss of 46 cents per share in the fourth quarter, narrower than the 65 cents per share demanded by analysts on a per LSEG. Revenue also surpassed expectations, compared to Wall Street’s estimate of $1.4 billion compared to the $1.73 billion landing. Libian expects delivery will be fewer in 2025 compared to last year. BLOCK – FinTech shares fell 6% after Block reported earnings of $6.03 billion at 71 cents per share in four quarters of adjusted earnings. This missed analysts’ expectations for a profit of 87 cents per share on revenues of $62.9 billion per LSEG. Sprouts Farmers Market – Stocks fell 2% despite organic supermarket chain posting fourth quarter revenue and revenue beats. Bu also forecast first quarter and full year revenues that exceeded the LSEG consensus estimates. Insulet – Stocks will decrease by 6%. The manufacturer of insulin delivery systems sought first quarter revenue growth of 22% to 25%, including an estimated 23.1% of analysts, per fact set. However, the fourth quarter results beat expectations on the upper and lower lines. Holds Celsius – Energy drinks companies surged 28% in extended transactions. Celsius recorded adjusted earnings of 14 cents per share against $332 million in fourth quarter revenue, with Analyst’s forecast of 11 cents per share and $326 million per LSEG It’s $26 million. The company also said it has signed a contract to acquire Alani nutrition through cash and stock trading. COPART – Used car auction inventory adds 1% after Copart recorded second-quarter revenue of 40 cents per share, surpassing the 37 cents per share analyst voted by FactSet. Ta. Copart’s quarter revenue of $1.16 billion also exceeded an estimated $1.13 billion. – CNBC’s Darla Mercado contributed the report. Fix: Previous versions incorrectly misleaded Copart’s quarterly reporting period.
