Although some manufacturing jobs provided high wages for low-skilled work, other industries, such as apparel, paid much lower wages, due to greater competition.
Material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 7% year on year to $246.9 million. Its non-GAAP EPS of $0.60 per share was 3.4% above analysts’ consensus estimates.
Data storage solutions provider Pure Storage (NYSE:PSTG) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 12.3% year on year to $778.5 million. Its non-GAAP EPS of $0.29 per share was 17.1% above analysts’ consensus estimates.
Bank software company nCino (NASDAQ:NCNO) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 12.5% year on year to $144.1 million. Its non-GAAP profit of $0.16 per share was in line with analysts’ consensus estimates.
Cosmetics company e.l.f. Beauty (NYSE:ELF) missed Wall Street’s revenue expectations in Q1 CY2025 as sales rose 3.6% year on year to $332.6 million. Its non-GAAP EPS of $0.78 per share was 8.3% above analysts’ consensus estimates.
