Shares of live sports and TV streaming service fuboTV (NYSE:FUBO)
fell 14.9% in the morning session after the company reported underwhelming first quarter 2025 results with revenue missing analysts' estimates significantly.
Shares of diagnostic company Exact Sciences Corporation (NASDAQ:EXAS)
jumped 15.2% in the morning session after the company reported strong first quarter 2025 results which beat analysts' revenue and EBITDA expectations and included full-year revenue guidance that slightly exceeded Wall Street's estimates. Sales grew 11% from the previous year, driven by a 14% rise in screening revenue, while precision oncology grew more modestly at 4% on a core basis. The sales bump largely came from the expansion of the company's test menu and stronger execution in its commercial teams. Overall, this print had some key positives.
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 10.5% in the morning session after Stifel analysts upgraded the stock from Hold to Buy and set a price target of $123 which implied more than a 20% upside.
Shares of internet, cable TV, and phone provider Cable One (NYSE:CABO)
fell 36.7% in the morning session after the company reported weak first quarter 2025 results: Its number of residential data subscribers missed along with its revenue, EPS, and EBITDA. Sales fell nearly 6% from the same quarter last year, dragged by a 4.5% drop in residential data revenue and a nearly 16% plunge in residential video revenue, as Cable One neared the end of its legacy video product phase. Also, management suspended the dividend to conserve over $200 million over the next three years, signaling a pivot toward debt reduction and internal investment over shareholder returns. Overall, this was a nightmare quarter.
Shares of american restaurant chain BJ’s Restaurants (NASDAQ:BJRI)
jumped 12.3% in the afternoon session after the company reported strong first-quarter 2025 results, which significantly beat analysts' EPS and EBITDA expectations. Sales were in line, up just over 3% year-on-year, a modest gain reflecting limited same-store sales growth of 1.7%, while a 2.7% increase in guest traffic carried most of the weight. Zooming out, we think this was a solid print.
While JPMorgan analysts kept their ‘Overweight’ rating for Take-Two’s stock, they noted that the timeline for the videogame was well beyond any delay that investors had anticipated.
