Shares of general contracting company Tutor Perini (NYSE:TPC)
jumped 24.8% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' EPS expectations and delivered revenue that outperformed Wall Street's estimates by a wide margin. Revenue increased 19% year over year to $1.25 billion, with growth recorded across all major business lines, driven by newer project starts and better backlog conversion. Zooming out, we think this was a good print with some key areas of upside.
Shares of plant-based protein company Beyond Meat (NASDAQ:BYND)
fell 8.2% in the afternoon session after the company reported weak first quarter 2025 results which saw revenue, EPS, and EBITDA all fall short of Wall Street's expectations. Sales sank 9%, with U.S. revenue down 17%, as fewer people bought plant-based burgers and sausages.
Margins collapsed, gross margin flipped to a loss, pulled down by excess inventory.
It also pulled full-year guidance, citing uncertainty and poor visibility on category demand. Overall, this was a softer quarter.
Shares of online new and used car marketplace Cars.com (NYSE:CARS) fell 9.7% in the afternoon session after the company reported weak first quarter 2025 results which included misses on revenue, EPS, and dealer customers, despite an EBITDA beat. Sales dipped 1% to $179 million, as dealer subscription revenue slipped and ARPD softened under economic pressure. Zooming out, we think this was a mixed quarter.
Shares of refrigerant services company Hudson Technologies (NASDAQ:HDSN) jumped 14.4% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' revenue and estimates. Revenue came in at $55.3 million, down from previous year's peak, but still above expectations, supported by slight volume gains and steady performance in the refrigerant recovery business. Zooming out, we think this quarter featured some important positives.
Shares of global music entertainment company Warner Music Group (NASDAQ:WMG) fell 8.2% in the afternoon session after the company reported weak first quarter 2025 results which saw a significant EPS miss and underperformance in Recorded Music revenue. Revenue declined modestly, with a 1.2% drop in Recorded Music sales, led by soft ad-supported streaming and weaker results in artist services and expanded rights, despite gains in licensing and physical formats. Overall, this was a weaker quarter.
Shares of exercise equipment company Peloton (NASDAQ:PTON)
fell 5.4% in the afternoon session after the company reported weak first quarter 2025 results which included an EBITDA beat, but revenue was merely in line and full-year EBITDA guidance fell slightly short of expectations. Revenue declined 13% year over year, weighed down by a 27% drop in hardware sales, even as subscription revenue held steady and churn remained low. Overall, this was a softer quarter, and the market needs more convincing performance from this turnaround.
Shares of local television broadcasting and media company Gray Television (NYSE:GTN)
jumped 17.6% in the afternoon session after the company reported decent first quarter 2025 results which included a significant EPS beat and EBITDA that outperformed estimates. Sales dropped 5%, dragged by weak political and retransmission revenue, though gains from production companies and digital ads helped soften the blow. Zooming out, we think this was a mixed print.
Shares of egg and butter company Vital Farms (NASDAQ:VITL)
fell 9.1% in the afternoon session after the company reported weak first quarter 2025 results which significantly beat analysts' EPS and EBITDA expectations, although its full-year EBITDA guidance slightly missed. The company stuck to its revenue forecast but guided EBITDA a bit lower than expected, citing supply constraints and macro uncertainty. Overall, we think this was still a solid quarter.
Shares of environmental services provider Montrose (NYSE:MEG)
jumped 14.7% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' revenue, EPS, and EBITDA expectations. Revenue climbed nearly 15% from the same period last year, with strength in the Measurement and Analysis and Remediation and Reuse segments more than offsetting declines in emergency response and permitting project revenues. Montrose also announced its first-ever stock repurchase program and completed a $60 million preferred equity redemption, showcasing its balance sheet strength and confidence in future cash flows. Zooming out, we think this was a good print with some key areas of upside.
Shares of healthcare diagnostics company QuidelOrtho (NASDAQ:QDEL)
jumped 41.1% in the afternoon session after the company reported decent first quarter 2025 results which significantly beat EPS and EBITDA expectations, though misses on full-year EPS guidance and constant currency revenue. Sales fell 3%, hurt by a sharp drop in COVID-19 and Donor Screening tests, even though core labs and respiratory (excluding COVID) grew at a solid pace. Zooming out, we think this was a decent quarter featuring some areas of strength but also some blemishes.
Shares of doughnut chain Krispy Kreme (NASDAQ:DNUT)
fell 25.4% in the afternoon session after the company reported weak first quarter 2025 results which included a significant miss on next quarter's revenue guidance and EBITDA that fell short of Wall Street's estimates. Revenue dropped 15%, and even excluding last year's Insomnia divestment, organic sales still dipped 1%.
Margins crumbled, EBITDA margin fell, with the U.S. business taking the hardest hit. Overall, this was a bad quarter.
Shares of 3D printing company Stratasys (NASDAQ:SSYS) jumped 14.1% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' EPS and EBITDA estimates. Revenue declined 6% year over year to $136 million, reflecting softness in hardware and services, but recurring consumables revenue climbed 7% sequentially, signaling improved system utilization among existing customers. Zooming out, we think this was a good print with some key areas of upside.
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 6.8% in the afternoon session after the company announced the acquisition of Deribit for $ 2.9 billion to expand its capabilities in the rapidly growing derivatives market. The deal was made to cater to institutional investors and retail traders who are increasingly more sophisticated. The stock's reaction suggests that the market thinks the deal will strengthen COIN's competitiveness and improve its growth trajectory in the crypto space.
Shares of data analytics software provider Amplitude (NASDAQ:AMPL)
jumped 13% in the afternoon session after the company reported strong first quarter 2025 results which included full-year and next quarter revenue guidance that slightly beat Wall Street estimates, though customer growth slowed. What really stood out was the growth in recurring revenue, which jumped 12%, mostly because more big companies are locking in longer contracts and using more parts of the platform.
That helped drive sales up 10% from this time last year, though the company's growth rate still isn't back to what it used to be. Most of the boost came from existing high-spending clients, not from signing up a lot of new ones. Overall, this quarter was decent.
