• Product Revenue Growth: Snowflake reported product revenue of $789.6 million for the first quarter of fiscal 2025, marking a 34% year-over-year increase.
• Total Revenue: The company's total revenue for the quarter was $828.7 million, representing 33% year-over-year growth.
• Customer Growth: Snowflake now has 485 customers with trailing 12-month product revenue greater than $1 million, a 30% year-over-year increase. The company also serves 709 Forbes Global 2000 customers, an 8% increase from the previous year.
• Net Revenue Retention: The net revenue retention rate stands at 128%.
• Remaining Performance Obligations: Snowflake reported $5.0 billion in remaining performance obligations, a 46% year-over-year growth.

Sunnyvale, CA, May 22, 2024 – Synopsys, Inc. (Nasdaq: SNPS), a leader in electronic design automation, has announced robust financial results for the second quarter of fiscal year 2024. The company reported significant growth in revenue and earnings, leading to an upward revision of its full-year financial targets.

Framingham, MA, May 22, 2024 – The TJX Companies, Inc. (NYSE: TJX), the leading off-price apparel and home fashions retailer in the U.S. and worldwide, announced impressive financial results for the first quarter of Fiscal 2025, ended May 4, 2024. The company reported significant gains in key performance metrics, including a 3% increase in comparable store sales and a 22% rise in diluted earnings per share (EPS).

NVIDIA has reported an impressive financial performance for the first quarter of Fiscal 2025, with record-breaking revenue and significant growth across multiple segments. The company's revenue for Q1 reached $26.0 billion, marking an 18% increase from the previous quarter and a staggering 262% rise compared to the same period last year.Key Financial Highlights:

MINNEAPOLIS, May 22, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) announced its first quarter 2024 financial results, highlighting a significant improvement in operating income margin and growth in digital sales despite a decline in overall sales. The company reported a first quarter operating income margin rate of 5.3%, reflecting a 140 basis point improvement in gross margin rate compared to the previous year.

Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, announced robust financial results for its fiscal second quarter of 2024, ending May 4, 2024. The company reported a revenue of $2.16 billion, exceeding the midpoint of its forecast despite ongoing macroeconomic and inventory challenges. This positive performance underscores the resilience and strength of ADI's business model and effective cost management strategies.

Toll Brothers Reports Strong FY 2024 Q2 Results, Shares Rise 1.2% in After-Market Trading

FORT WASHINGTON, PA, May 21, 2024 -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced robust financial results for its second quarter ended April 30, 2024. Following the announcement, the company’s shares increased by 1.2% in after-market trading.

Mooresville, N.C., May 21, 2024 – Lowe’s Companies, Inc. (NYSE: LOW) announced its financial results for the first quarter of 2024, revealing significant data points and affirming its outlook for the full year. Here’s a comprehensive look at the key highlights and future projections.

WESTLAKE, Ohio—Nordson Corporation (Nasdaq: NDSN) announced its fiscal second-quarter results for the period ending April 30, 2024, showing steady sales but a decline in net income and earnings per share compared to the same period last year. Despite achieving strong gross margins and maintaining an EBITDA margin of 31%, the company adjusted its annual revenue and earnings guidance, leading to a 12% drop in its stock price in after-market trading.

Zoom Video Communications reported its Q1 FY25 earnings on May 20, 2024, revealing a mixed bag of financial results and forward-looking statements. Despite some positive metrics, the company's stock dipped by 1.1% in after-market trading following the release of the earnings report. This article delves into the key highlights from the earnings call, focusing on Zoom's financial performance, growth strategies, and market outlook.

On May 20, 2024, Palo Alto Networks (NASDAQ: PANW) announced its fiscal third quarter 2024 financial results, reporting a notable increase in revenue and performance obligations. Despite these positive metrics, the company’s stock price experienced an 8.7% drop in after-market trading. This article highlights the key financial figures, insights from the earnings call, and the company’s forward-looking statements.

New York, May 20, 2024 – Wix.com Ltd. (Nasdaq: WIX), the leading global SaaS website builder platform, has reported impressive financial results for Q1 2024, significantly surpassing market expectations and driving a 7.6% increase in its stock price during pre-market trading.

Boeing shareholders have approved a 2023 compensation package worth nearly $33 million for outgoing CEO Dave Calhoun. Despite facing criticism due to ongoing company challenges, a majority of shareholders voted in favor of the plan during the company's annual meeting. The decision, although not binding, has sparked debates regarding executive compensation during times of crisis.

• Revenue: $6.65 billion, flat year over year
• GAAP Operating Margin: 28.8%
• Non-GAAP Operating Margin: 29.0%
• GAAP EPS: $2.06, up 11% year over year
• Non-GAAP EPS: $2.09, up 5% year over year
• Cash Generated from Operations: $1.39 billion

Walmart Inc. (NYSE: WMT) has announced robust results for the first quarter of 2024, showcasing significant revenue growth, a surge in eCommerce sales, and an optimistic outlook for the future. The premarket reaction has been positive, with Walmart's stock price rising by 6.2% in response to the impressive performance and guidance.

• Total Revenues: RMB 31.5 billion ($4.37 billion), up 1% year-over-year
• Operating Income: RMB 5.5 billion ($760 million), up 10% year-over-year
• Net Income: RMB 5.4 billion ($755 million), down 6% year-over-year
• Diluted EPS: RMB 14.91 ($2.07)
• Non-GAAP Net Income: RMB 7.0 billion ($971 million), up 22% year-over-year
• Non-GAAP Diluted EPS: RMB 19.91 ($2.76)

• Net Income: $2.370 billion for Q2 2024, down from $2.860 billion in Q2 2023
• Earnings Per Share (EPS): $8.53, compared to $9.65 in Q2 2023
• Revenue: $15.235 billion, a 12% decrease year-over-year
• Full-Year Net Income Forecast: Approximately $7.0 billion

• Revenue: $653 million, up 24% year over year (YoY), 29% on a constant currency basis.
• On-Demand GMV: $4.2 billion, up 18% YoY, 21% on a constant currency basis.
• Operating Loss: Improved by $129 million YoY to $(75) million.
• Adjusted EBITDA: Reached an all-time high of $62 million, an improvement of $129 million YoY.
• Raised 2024 Adjusted EBITDA Guidance: $250 – $270 million from $180 – $200 million previously.

• Total Revenue: $12.7 billion, a 13% decrease year over year.
• Strong Profitability: GAAP gross margin at 65.1%, non-GAAP gross margin at 68.3%.
• Subscription Revenue: $6.9 billion, representing 54% of total revenue.
• Annualized Recurring Revenue (ARR): $29.2 billion, up 22% year over year.
• Splunk Contribution: $413 million in revenue from the acquisition.

NEW YORK & TEL AVIV – monday.com (NASDAQ: MNDY), the multi-product platform for work management, has reported impressive financial results for the first quarter ending March 31, 2024. The company achieved significant revenue growth and set new records in free cash flow, driven by strong demand and strategic product expansions.