"Shares of Snap (NYSE: SNAP) are up just over 15%, or $1.13 a share. All after the company reported strong revenue that was above expectations, it said it would buy back $500 million worth of stock, and noted that Perplexity AI will pay it $400 million to integrate its AI search features into Snap. Revenue of $1.51 billion was above estimates of $1.49 billion. Global daily active users jumped to 477 million, as compared to estimates of 476 million."
"Datadog (NASDAQ: DDOG): Shares of DDOG are up about 22%, or by $34 on the day. All after it beat earnings estimates and raised its full-year 2025 numbers. For the third quarter, DDOG's EPS of 55 cents beat estimates by nine cents. Revenue of $886 million, up 28.4% year over year, beat by $33.73 million. It also raised its revenue outlook, now expecting to see $3.386 billion to $3.39 billion for the year, as compared to estimates of $3.33 billion."
"Planet Fitness (NYSE: PLNT): Shares of PLNT are up about 12%, or by $10.75, on strong earnings. Its EPS of 80 cents beat by six cents. Revenue of $330.3 million, up 13% year over year, beat by $6.87 million. For 2025, PLNT also expects revenue to grow 11% from prior estimates of 10%. It expects adjusted EBITDA to increase 12% from prior estimates of 10%. And it expects adjusted net income to jump 13% to 14% from a prior range of 8% to 9%."
Snap's revenue reached $1.51 billion, exceeding estimates, and global daily active users rose to 477 million. The company announced a $500 million share buyback and a partnership with Perplexity AI that will pay $400 million, split between cash and stock, to integrate AI search features into Snapchat. Datadog beat earnings and raised full-year 2025 guidance, reporting $886 million revenue and higher revenue outlook of $3.386–3.39 billion. Planet Fitness posted stronger EPS and revenue, raised forward growth expectations and updated EBITDA and net income guidance upward. Appian exceeded earnings and projected cloud subscription revenue growth for Q4.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]