Recent Articles from StockStory

Shares of recreational products manufacturer American Outdoor Brands (NASDAQ:AOUT) fell 8.4% in the afternoon session after the company reported fourth-quarter results and noted that a significant portion of sales were likely pulled forward from fiscal 2026. 

Shares of customer experience solutions provider Concentrix (NASDAQ:CNXC) fell 7.5% in the morning session after the company reported mixed second-quarter 2025 results, with a significant drop in profitability overshadowing a slight revenue beat. 

Shares of athletic apparel brand Nike (NYSE:NKE) jumped 16.1% in the morning session after the company reported fiscal fourth-quarter 2025 results that beat Wall Street's expectations and outlined plans to mitigate costs. 

Shares of energy and industrial distributor DistributionNOW (NYSE:DNOW) jumped 9.8% in the morning session after the company announced it will merge with MRC Global in an all-stock transaction. The deal will create a leading energy and industrial solutions provider with a combined enterprise value of approximately $3.0 billion. 

Shares of fluid and gas handling company MRC (NYSE:MRC) jumped 16.4% in the morning session after the company agreed to be acquired by rival DNOW Inc. (NYSE: DNOW) in an all-stock transaction valued at approximately $1.5 billion. 

Shares of architectural products company Apogee (NASDAQ:APOG) jumped 12% in the morning session after the company reported first-quarter results that beat analyst expectations and raised its full-year guidance for both sales and earnings. Apogee now expects full-year adjusted earnings per share to be between $3.80 and $4.20, up from its previous estimate and ahead of Wall Street's consensus of $3.72. The company also lifted its sales forecast to a range of $1.40 billion to $1.44 billion. First-quarter revenue saw a 4.6% year-over-year increase to $346.6 million, driven in part by the recent acquisition of UW Solutions. 

Check out the companies making headlines this week:

TEGNA’s first quarter was defined by declining year-over-year revenue, largely attributed to the cyclical drop in political advertising and softer advertising demand linked to macroeconomic headwinds. Despite these challenges, management highlighted growth in digital advertising and benefits from new local sports rights deals. CEO Michael Steib pointed to operational improvements and cost-cutting efforts as helping to offset revenue pressures, stating, “We are deploying technology, automation and AI to run a more efficient and effective operation.” The market’s positive response to the results reflected confidence in these ongoing initiatives and the company’s ability to manage expenses.

Vital Farms reported first quarter results that met Wall Street’s revenue expectations but were met with a negative market reaction, reflecting investor concerns about underlying trends. Management attributed the performance to ongoing supply constraints in its egg business and a year-over-year decline in operating margin. CEO Russell Diez-Canseco emphasized that volume growth was below trend due to limited egg supply and depleted inventory, stating, “Volume-related growth was below trend due to egg supply constraints and depleted inventory levels.” Despite these challenges, management highlighted robust butter segment growth and continued brand momentum.

Royalty Pharma’s first quarter reflected a stable performance, with revenue in line with Wall Street expectations and non-GAAP profitability exceeding consensus. Management highlighted double-digit growth in recurring royalty receipts, driven by the strength of the company’s diversified portfolio and several milestone payments. CEO Pablo Legorreta attributed the results to the company’s efficient business model and active capital deployment, including the initiation of a substantial share buyback program and further investments in new royalty transactions. Notably, management pointed to continued momentum across key assets such as cystic fibrosis therapies and recent additions like Voranigo, as well as an expanded development pipeline.

Appian’s first quarter results were driven by robust adoption of its AI-enabled platform and strong demand from the U.S. federal sector. Management highlighted increasing use of AI features among customers and notable contract wins in regulated industries as key contributors. CEO Matt Calkins pointed to a surge in practical AI deployments, such as document processing and workflow automation, which translated into tangible productivity gains for clients. The company’s focus on integrating AI within business processes, rather than emphasizing speculative use cases, resonated with organizations seeking operational efficiency.

Peloton’s first quarter results met Wall Street’s expectations, but the market responded negatively as sales fell and subscriber numbers continued to decline. Management attributed the quarter’s performance to lower hardware sales and a year-over-year reduction in paid Connected Fitness subscriptions, partially offset by improved unit economics and cost discipline. CEO Peter Stern described the ongoing shift towards a higher-margin, subscription-focused model, highlighting that the company achieved its fifth consecutive quarter of positive adjusted EBITDA and free cash flow. Stern noted, “We continue to track ahead of our $200 million cost restructuring plan, which is driving meaningful improvement in profitability.”

PENN Entertainment’s first quarter saw modest year-over-year sales growth amid a challenging environment, with management pointing to severe winter weather and new market supply as headwinds impacting the company’s core retail casino operations. CEO Jay Snowden noted that “weather-impacted days in February across the portfolio were up over three times versus last year,” which affected gaming volumes and adjusted EBITDAR. However, retail gaming volumes rebounded in March, and ongoing capital investments, including new ESPN BET retail sportsbooks and enhancements to loyalty programs, helped drive engagement, particularly among VIP and mid-tier customers. Management was candid about the impact of one-time accounting benefits in the prior year and highlighted that trends improved as weather normalized, positioning the business on steadier footing heading into the second quarter.

The Real Brokerage’s first quarter was marked by revenue growth and narrowing losses, but a negative market reaction indicated investor caution. Management attributed the strong results to substantial agent recruitment, with agent count rising 61% and transaction volume outpacing a declining industry backdrop. CEO Tamir Poleg emphasized, “Our agents delivered a 5% year-over-year increase in average transactions per agent, a clear signal that our agents are well equipped to navigate this market with skill and focus.” Growth in high-margin ancillary services, such as mortgage, title, and Real Wallet, also contributed to performance, though profitability remained pressured by a higher proportion of top-producing agents reaching commission caps.

Inspired’s first quarter results received a positive response from the market despite missing Wall Street’s revenue expectations, as the company posted a year-over-year sales decline. Management attributed the top-line softness to the timing of the U.K. Easter holiday, delayed product sales, and regulatory disruptions in Brazil. Executive Chairman Lorne Weil emphasized the strong underlying progress, particularly highlighting continued growth in the company’s Interactive segment and improvements in operating margin. Brooks Pierce, President and COO, noted, “Momentum is carrying over into the second quarter, with our Interactive business seeing rapid growth, especially in North America.”

Altice’s first quarter results showed continued challenges, as revenue declined and the company posted a larger-than-expected loss. Management attributed the downturn to ongoing subscriber losses, competitive pressures, and macroeconomic headwinds affecting customer affordability. CEO Dennis Mathew noted, “Our performance was driven by investments in customer and network experience, expansion of competitive and targeted go-to-market initiatives, and a focus on transforming our business.” The company also faced temporary impacts from two major programming negotiations, which led to customer credits and increased operating expenses.

Tecnoglass began 2025 with a notable uptick in both revenue and profitability, supported by strong results across its core business lines. Management attributed the quarter’s performance to double-digit growth in both single-family residential and multifamily commercial segments, with particular strength in its Florida operations and expanding presence in the Southeast U.S. CEO Jose Manuel Daes highlighted that “our revenues increased by 15% year over year...driven entirely by robust double-digit organic growth across both our residential and multifamily commercial businesses.” The company also pointed to margin improvements achieved through operational efficiencies and a favorable product mix.

Malibu Boats delivered first-quarter results that surpassed Wall Street’s revenue expectations but fell slightly short on non-GAAP profit. Management attributed sales growth to higher unit volumes in the Malibu segment, a favorable product mix, and increased average selling prices from premium offerings. CEO Steve Menneto noted that new models—particularly the M230 and 25 LSV for Malibu and the Cobia 265 and 285 for Cobia—captured significant customer interest during the boat show season. However, management described the broader retail environment as challenging, citing elevated interest rates and persistent macroeconomic uncertainty weighing on discretionary purchases.

Papa John’s first quarter was met with a positive market response, reflecting management’s efforts to improve value perception and customer experience. CEO Todd Penegor attributed the flat year-over-year sales to a disciplined focus on core pizza products and the brand’s barbell pricing strategy, which balanced premium offerings with value-oriented options. Management pointed to sequential improvements in transaction counts and highlighted national promotions, like the Epic Stuffed Crust Pizza, as effective in driving higher pizza orders. Penegor noted, “Our improved value proposition, optimized creative, and enhanced customer experience are driving improvements in sales and transactions as well as transaction share gains.”

BigCommerce’s first quarter results aligned with Wall Street’s revenue expectations, driven by ongoing operational transformation and a sharpened focus on both B2B and B2C customer segments. CEO Travis Hess highlighted a 530-basis-point improvement in non-GAAP operating margin, attributing the gains to completed salesforce expansion, targeted cost controls, and initial benefits from a revised go-to-market strategy. Management noted, “We see encouraging signs of progress behind our go-to-market transformation efforts,” referencing increased sales pipeline activity, especially in B2B. The leadership team remains clear-eyed about the pace of change, acknowledging that current growth rates do not yet reflect the business’s full potential.

Crocs’ first quarter results were well received by the market, with revenue coming in flat year over year but ahead of Wall Street expectations. Management credited strong international growth and effective cost control for the quarter’s performance, despite macroeconomic uncertainty and mixed demand in North America. CEO Andrew Rees highlighted the resilience of the Crocs brand, citing double-digit international growth and notable traction in China and Western Europe. Meanwhile, HEYDUDE’s direct-to-consumer channel rebounded, offsetting wholesale declines. The company’s gross margin improvement was attributed to lower product costs and a favorable customer mix, while disciplined inventory management helped maintain profitability.

Cogent’s first quarter results were met with a negative market reaction after the company reported revenue below Wall Street’s expectations, driven by ongoing churn in legacy Sprint contracts and continued efforts to exit low-margin services. CEO Dave Schaeffer openly acknowledged these headwinds, stating, “We have churned the vast majority of undesirable revenue from the Sprint base,” which contributed to the year-on-year revenue decline. On the positive side, Cogent highlighted significant growth in its wavelength services and improvements in operating margin, reflecting realized cost savings from the Sprint integration and ongoing network optimization.

Hanesbrands delivered results in line with Wall Street’s revenue expectations in the first quarter, while non-GAAP profit and operating margin expanded significantly. The positive market reaction reflected management’s emphasis on cost reductions and supply chain optimization as key drivers. CEO Steve Bratspies cited improved gross margins and a leaner operating model, supported by lower selling, general, and administrative costs, as instrumental to the quarter’s strong profitability. The company also highlighted growth in international markets, despite continued softness in U.S. innerwear, particularly intimate apparel.

Warner Bros. Discovery’s first quarter results for 2025 were met with a positive market response despite missing Wall Street’s revenue expectations, as management highlighted progress on key strategic priorities. CEO David Zaslav credited the company’s emphasis on high-quality storytelling and a disciplined approach to content investment for driving performance, particularly in the streaming segment, which added over 5 million subscribers during the quarter. The leadership team pointed to strong audience engagement with recent releases like The White Lotus, The Pit, and the Minecraft movie as evidence that their focus on quality content is translating into commercial success.

Viatris' first quarter results for 2025 were met with a positive market response, largely due to strong execution in its global branded portfolio and pipeline advancements, despite revenue coming in below consensus. Management highlighted robust growth in Europe and China, as well as progress in its portfolio of innovative medicines. CEO Scott Smith noted, “We were particularly pleased with our strong execution and growth in Europe and China this quarter,” attributing operational revenue declines mainly to ongoing remediation at the Indore facility and competition in select generic products.

Janus began 2025 with results that surpassed Wall Street’s expectations, leading to a significant positive market reaction. Management linked the quarter’s performance to ongoing cost reduction measures, modest sequential backlog growth, and resilience in its Noke Smart Entry product. CEO Ramey Jackson highlighted that, despite a 17% revenue decline due to lower self-storage construction activity and customer project delays, operational discipline and selective investments helped the company navigate macroeconomic pressures. CFO Anselm Wong also pointed to strong operating cash flow and prudent capital allocation, including a voluntary debt prepayment and continued share repurchases, as factors supporting the company’s financial flexibility.

Warby Parker’s first quarter results drew a negative market response after the company missed Wall Street’s revenue expectations, despite double-digit year-on-year sales growth. Management pointed to continued customer acquisition, strong repeat purchasing trends, and an expanding retail footprint as key drivers of performance. Co-CEO Neil Blumenthal highlighted that the company saw its first quarter of positive GAAP net income as a public company, attributing this milestone to operational discipline and progress in direct-to-consumer initiatives. Management also emphasized an improved adjusted EBITDA margin, supported by leverage in non-marketing expenses and higher average revenue per customer.

Krispy Kreme’s first quarter results drew a sharply negative market reaction, as the company’s revenue missed Wall Street expectations and margins contracted significantly year over year. Management pointed to persistent consumer softness in the U.S., a planned reduction in discounting, and the sale of Insomnia Cookies as the primary factors behind the quarter’s performance. CEO Joshua Charlesworth noted that the company is prioritizing profitable growth and highlighted early signs of success from a renewed focus on its original glazed doughnut and targeted marketing campaigns. Management took a notably self-critical stance, acknowledging operational inefficiencies and the need to simplify logistics and close underperforming distribution doors in order to improve profitability.

Architectural products company Apogee (NASDAQ:APOG) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 4.6% year on year to $346.6 million. The company’s full-year revenue guidance of $1.42 billion at the midpoint came in 2.4% above analysts’ estimates. Its non-GAAP profit of $0.56 per share was 23.5% above analysts’ consensus estimates.

Himax Technologies’ first quarter was met with a positive market reaction, as the company outperformed Wall Street’s revenue and profit expectations despite typical seasonality. Management attributed the results to ongoing momentum in automotive display ICs, with CEO Jordan Wu highlighting nearly 20% year-over-year automotive IC sales growth and robust design-win pipelines. Cost optimization efforts and a strategic focus on higher-margin product segments also contributed to improved operating margins. Wu noted, “Our automotive business...remains the largest revenue contributor in the first quarter, representing more than 50% of total sales.”

Gray Television’s first quarter results for 2025 were received positively by the market, as the company exceeded Wall Street’s revenue and profit expectations despite a year-over-year sales decline. Management attributed the quarter’s performance to stronger-than-anticipated political advertising, ongoing cost containment, and the growing contribution from local sports broadcasting. CEO Hilton Howell highlighted the impact of new local sports rights agreements, stating, “the combination of our premier local news franchises with local sports make our local stations even more relevant and more valuable than ever.”

EPAM Systems delivered better-than-expected results in the first quarter, which was met with a strong positive market reaction. Management cited robust double-digit revenue growth driven by increased demand for its digital engineering services, particularly in artificial intelligence (AI) and modernization projects. CEO Arkadiy Dobkin noted that client sentiment “remained strong across most of our verticals and geographies,” with supplier consolidation trends benefitting EPAM as clients prioritized reliability and quality. The company also highlighted the return of clients who previously left for cost reasons, underscoring EPAM’s reputation for delivery quality and expertise as a key differentiator.

Privia Health’s first quarter results were met with a strong positive reaction from the market. Management credited robust provider growth and strong ambulatory utilization as primary drivers behind the quarter’s outperformance. CEO Parth Mehrotra highlighted the company’s continued momentum in new provider signings across all operating markets, which underpinned the 11.7% year-on-year increase in implemented providers. Additionally, Mehrotra pointed to the 12.8% rise in practice collections, attributing this to elevated patient visits across primary care and specialties, supported by the company’s diversified network. The announcement of the expansion into Arizona through the acquisition of IMS, one of the state’s largest independent multi-specialty practices, was also noted as a key strategic move for future growth. However, management clarified that there was no financial impact from Arizona in Q1; all related financial contributions will begin in Q4 2025.

Dentsply Sirona’s first quarter results were well received by the market, as the company reported revenue and non-GAAP profit above Wall Street expectations despite a 7.8% year-over-year sales decline. Management attributed this performance to operational efficiencies, continued growth in European markets, and margin expansion from cost controls and portfolio optimization. CEO Simon Campion noted, “We continued to make progress towards driving reliable and sustainable performance,” highlighting ongoing improvements in imaging and Wellspect Healthcare segments. The company also benefited from transformational savings and disciplined execution, which helped offset softer demand in certain U.S. categories and the ongoing impact from the Byte business wind-down.

Enovis Corporation’s first quarter results prompted a negative market reaction, as investors weighed both solid top-line growth and concerns about margin pressures. Management attributed the quarter’s revenue gains to strong performance in the Reconstruction (Recon) segment—particularly in U.S. extremities and international markets—along with healthy contributions from Prevention & Recovery (P&R) products. CEO Matthew Trerotola highlighted the impact of recent product launches, noting that the company delivered “well above market rates in the U.S.” and benefited from expanding its global position. However, ongoing investments in research and supply chain adjustments, as well as the effects of new tariffs, weighed on operating margins.

Anheuser-Busch's first quarter delivered operating margin expansion despite a year-over-year decline in both revenue and sales volumes, a dynamic that investors responded to with a positive market reaction. Management attributed the revenue shortfall primarily to calendar-related shipment timing, including the impact of the leap year and a later Easter, which led to lower reported volumes. Notably, CEO Michel Doukeris highlighted the continued outperformance of the company’s no-alcohol beer portfolio, which grew revenues by 34%, and strong digital marketplace growth as key bright spots. Management also pointed to progress in the U.S. market, where investments in mega brands like Michelob Ultra and Busch Light helped the company gain market share even as broader industry volumes softened.

Commercial Vehicle Group’s first quarter results drew a significant positive market reaction, despite a double-digit sales decline year on year. Management attributed the quarter’s performance to operational efficiency initiatives—most notably, a streamlined segment structure and targeted cost reductions in freight, labor, and overhead. CEO James Ray cited the early benefits of these structural changes, stating, “We have seen early benefits from this resegmentation, and we continue to believe this structure will accelerate the operational momentum we have created year-to-date.” The company’s focus on working capital management and divestiture of non-core businesses also contributed to improved free cash flow and gross margin versus the prior quarter.

Hyster-Yale Materials Handling’s first quarter results were met with a negative market reaction, as the company reported declines in both revenue and non-GAAP profitability compared to Wall Street expectations. Management attributed the underperformance primarily to softer demand for lift trucks in the Americas and EMEA regions, as well as ongoing global tariff pressures that increased costs and introduced operational uncertainty. President and CEO Rajiv Prasad acknowledged these challenges, emphasizing that “significant uncertainty created by shifting tariff levels” has led to customer hesitation and necessitated swift operational adjustments.

Kimball Electronics’ first quarter results drew a positive market reaction as the company delivered revenue above Wall Street expectations, despite a double-digit year-over-year sales decline. Management attributed the performance to a non-recurring consignment inventory sale in its Medical division and ongoing improvements in operating efficiency. CEO Ric Phillips emphasized, “Sales in Q3 were in line with expectations and increased sequentially. Margins improved. We continue to generate cash from operating activities and the pay down of debt continued.” The company’s progress in streamlining costs and reducing inventory also contributed to the quarter’s outperformance.

Coty’s first quarter performance drew a negative market reaction, with management highlighting a difficult mix of internal and external factors. CEO Sue Nabi cited ongoing weakness in the Consumer Beauty division, particularly in Color Cosmetics, as well as inventory tightening by retailers—especially in the U.S.—as key contributors to the company’s underperformance. In addition, Prestige cosmetics faced pressure from Asian markets and Chinese travel retail, while the company actively worked to clean up its baseline ahead of a major innovation pipeline. Nabi explained, “We are still seeing pressure coming on the Prestige cosmetics market, mainly coming from Asia, travel retail, and from China, which are still under pressure.”

Amentum’s first quarter results were met with a negative market reaction, as its GAAP profit came in well below Wall Street’s consensus despite revenue surpassing expectations. Management cited steady demand for its mission-focused solutions and highlighted progress on cost synergies from the recent integration with Jacobs. However, executives acknowledged that delays in government contract awards and ongoing transitions in joint venture structures weighed on growth. CEO John Heller pointed to recent wins in intelligence, nuclear, and naval sectors, but also recognized award timing and administrative shifts as significant factors shaping quarterly performance.

Park-Ohio’s first quarter results were met with a negative market reaction following revenue and non-GAAP earnings that fell short of Wall Street expectations. Management pointed to a sluggish start in January and volatility in customer demand, particularly within its Assembly Components and Supply Technologies segments. CEO Matthew Crawford highlighted that while the quarter began slowly, performance improved through February and March, with the Engineered Products segment showing notable strength by quarter-end. He acknowledged, “Our first quarter results were a little behind our internal expectations, but we're happy with how we performed given the volatility we saw in some of our end markets.”

eXp World’s first quarter was marked by a notable miss relative to Wall Street expectations, as revenue growth was muted and profitability metrics declined, leading to a significant negative market reaction. Management attributed these results to ongoing headwinds in the U.S. real estate market, including a challenging macroeconomic environment and a net decline in agent count. CEO Glenn Sanford and his team emphasized that while agent attrition persisted, the company continued to attract and retain higher-producing agents, with interim CFO Jesse Hill highlighting that 77% of departing agents had minimal sales activity. Increased investment in technology and international expansion, along with a focus on agent productivity, were key themes, but margin pressures remained as more productive agents hit compensation caps.

Powell’s first quarter results were met with a negative market reaction, as the company missed Wall Street’s revenue expectations despite delivering year-over-year sales growth and higher non-GAAP profit. Management attributed the quarter’s performance to strong execution in the electric utility and commercial and industrial sectors, which grew 48% and 16% respectively. CEO Brett Cope highlighted successful launches of new products and robust project closeouts as key contributors to gross margin expansion. He also noted, “Our investment in Canada has always been focused on building a diverse portfolio of customers across the sectors that we serve.”

MRC Global’s first quarter results met Wall Street’s revenue expectations but the market responded negatively, with shares trading down sharply following the release. Management attributed the year-on-year sales decline to lingering macroeconomic headwinds, but highlighted sequential growth across all business sectors, particularly in gas utilities. CEO Rob Saltiel described the completion of inventory destocking and resurgence in gas utilities as key drivers, noting, "Our backlog has continued to increase in the second quarter, led by our US segment." The company also pointed to higher backlog levels as an indicator of improving demand, even as operating margins contracted compared to last year.

Cadre’s first quarter results for 2025 were met with a positive market response, driven by management’s focus on resilient demand for its mission-critical safety products, despite a year-over-year sales decline. CEO Warren Kanders credited Cadre’s ability to navigate a challenging environment, noting that operational execution and product innovation supported performance. President Brad Williams emphasized a less favorable product mix, particularly in Alpha Safety and EOD (explosive ordnance disposal) volumes, but pointed to a significant increase in backlog and robust order activity.

Helios Technologies began 2025 with a stronger-than-anticipated first quarter, as the company’s sales and non-GAAP profitability both surpassed Wall Street expectations, prompting a positive reaction from the market. Management attributed the results to early traction from more aggressive go-to-market initiatives and customer-focused product development, as well as operational improvements in working capital and cost control. CEO Sean Bagan noted, “Our more targeted sales focus is resulting in growing our sales funnels, and we are starting to get some new business wins across the finish line.” While ongoing end-market weakness dampened overall sales, progress was seen in health and wellness and recreational markets, and the electronics segment stabilized after prior declines.

VSE Corporation’s first quarter results were shaped by the company’s completed exit from fleet services and a sharp focus on aviation aftermarket growth. Management credited strong demand for aviation maintenance and distribution, alongside the integration of recent acquisitions, as primary drivers of performance. CEO John Cuomo described the quarter as a turning point, with the divestiture of the fleet segment allowing VSE to operate as a “pure-play provider of aviation aftermarket parts and services.” The positive market reaction reflected optimism around these strategic shifts and the company’s ability to execute on improved margins and operational focus.

Mayville Engineering’s first quarter results reflected ongoing challenges across its key end markets, with management citing broad-based customer inventory destocking and softer demand as primary contributors to the year-over-year sales decline. CEO Jag Reddy noted, “Our team's commitment to the MBX framework culture of continuous improvement and cost discipline contributed 140 basis points in sequential adjusted EBITDA margin improvement.” Despite these operational gains, the company’s commercial vehicle, agricultural, and construction segments each experienced double-digit declines, and management acknowledged persistent uncertainty in the broader macroeconomic environment.

Astronics delivered a first quarter that surpassed Wall Street’s expectations, driven by robust demand in its Aerospace segment and operational improvements across the business. Management attributed the strong performance to record bookings, improved supply chain efficiency, and continued strength in commercial transport and military programs. CEO Pete Gundermann highlighted that, beyond one-time events, the quarter benefited from “steady operational improvement across the business,” with particular momentum from the FLRAA military program and increased demand for cabin power and in-flight entertainment products.

Brookdale’s first quarter results were met with a negative market reaction, with shares trading down following the earnings announcement. Management attributed the quarter’s performance to operational improvements that drove occupancy gains and tighter expense control, resulting in higher margins. Interim CEO Denise Warren highlighted the company’s progress, stating, “We are pleased with the team’s efforts in the quarter, which enabled us to deliver RevPAR and adjusted EBITDA that exceeded our expectations as well as positive adjusted free cash flow.” Management also noted that labor expense as a percentage of revenue improved, supported by lower employee turnover and focused cost management.

Angi’s first quarter saw a sharp year-over-year revenue decline, but results exceeded Wall Street’s expectations, leading to a positive market reaction. Management attributed performance to the rollout of “homeowner choice,” which allows customers to select their service professional directly, resulting in higher customer satisfaction and improved pro win rates. CEO Jeff Kip emphasized that this change marked a significant improvement in user experience, with the company’s Net Promoter Score moving from deeply negative to nearly positive for the first time. The adoption of this model, however, led to a notable drop in lead volume, which management cited as the primary reason for lower reported revenue.

Supernus Pharmaceuticals’ first quarter results were met with a negative market reaction, despite revenue and non-GAAP profit exceeding Wall Street’s expectations. Management attributed the quarter’s performance to strong prescription growth in core products, particularly Qelbree and GOCOVRI, which offset declines in legacy drugs Trokendi XR and Oxtellar XR. CEO Jack Khattar highlighted Qelbree’s “all-time high” in monthly prescriptions and emphasized the impact of expanded prescriber adoption alongside favorable Medicare policy changes boosting GOCOVRI. However, management also acknowledged increased operating expenses driven by clinical program investments and milestone payments related to new product launches.

Jamf’s first quarter results for 2025 were met with a negative market response, despite the company surpassing revenue expectations and reporting steady profitability. Management attributed the quarter’s performance to the launch of new platform solutions—Jamf for Mac and Jamf for K-12—which drove momentum in both commercial and education segments. CEO John Strosahl highlighted that “security bookings were also strong, driving 17% year-over-year growth in security ARR to $162 million.” The quarter was further supported by an uptick in net new annual recurring revenue, with notable contributions from education and security-focused offerings.

Clover Health delivered a first quarter that garnered a positive market response, with results shaped by significant Medicare Advantage membership gains and operational improvements. Management emphasized that a 30% increase in membership and strong retention in core markets, particularly New Jersey, propelled revenue growth and drove notable improvements in adjusted EBITDA and operating margins. CEO Andrew Toy credited the company’s technology-driven care model, highlighting the expanded use of Clover Assistant to deliver earlier, more efficient care and support for both new and returning members. Management also pointed to robust onboarding of new cohorts and effective cost management as key contributors to the quarter.

Fortune Brands’ first quarter results were met with a notably negative market reaction, as the company reported year-over-year sales declines and missed Wall Street’s revenue expectations. Management attributed the weaker performance to continued consumer caution, inventory reductions across wholesale channels—especially within the water segment—and a slower-than-anticipated spring housing market. CEO Nicholas Fink acknowledged, “The spring selling season has been slower due to cautious consumer behavior,” and cited both external macroeconomic uncertainty and inventory drawdowns as key headwinds. Despite these challenges, the company maintained margins and non-GAAP earnings per share in line with expectations by focusing on cost discipline and select strategic investments.

Masimo’s first quarter results were met with a significant negative market reaction, reflecting investor concern over new headwinds despite revenue and adjusted earnings surpassing Wall Street expectations. Management attributed the strong revenue growth primarily to solid demand across core healthcare offerings and the timing of a large tender contract, which temporarily boosted capital equipment sales. CEO Katie Szyman highlighted the company’s operational improvements and the expansion of recurring consumable and service revenue, while also noting areas for improvement in commercial execution. CFO Micah Young pointed to meaningful operating margin expansion driven by last year’s cost optimizations and a renewed focus on the core healthcare business. However, the company acknowledged that timing-related lumpiness in tender contracts led to lower consumables sales, with expectations that these trends will normalize in future quarters.

The Pennant Group delivered a first quarter that exceeded Wall Street’s expectations, driven by robust organic momentum and the effective integration of recent acquisitions. Management attributed the strong performance to a combination of leadership development, disciplined margin management, and the successful onboarding of 36 new operations since early 2024. CEO Brent Guerisoli highlighted that both the Home Health and Hospice and Senior Living segments contributed to the growth, with local leadership programs enabling above-trend operational execution and improved clinical results. As Guerisoli emphasized, “Our local CEOs and other C-level leaders earn this designation by demonstrating true ownership and creating clinical, financial, and cultural value.”

Grand Canyon Education delivered a first quarter that exceeded Wall Street’s expectations, with stronger-than-anticipated revenue and healthy profit margins. Management attributed this performance primarily to robust online enrollment growth and continued investments in new academic programs. CEO Brian Mueller emphasized that both new online starts and hybrid program enrollments outpaced internal targets, crediting the rollout of 20 new programs in the last year and direct partnerships with employers as key contributors. He stated, “Lead flow and the interest in what we’re doing here continues to grow,” citing increased contract signings with school districts and healthcare institutions.

Myriad Genetics’ first quarter results were met with a significant negative market reaction, reflecting investor concerns over a combination of volume softness in key product lines and a reset in full-year expectations. Management attributed the revenue decline primarily to underperformance in its GeneSight pharmacogenomic test, which was affected by UnitedHealthcare’s policy change, as well as slower-than-anticipated growth in hereditary cancer screening among unaffected individuals. CEO Sam Raha described the quarter as “challenging,” highlighting both external payer headwinds and internal operational hurdles, such as workflow disruptions related to electronic medical record (EMR) integrations. The company’s leadership openly acknowledged the complexity and execution challenges facing the business.

Flywire’s first quarter results for 2025 were well received by the market, reflecting strength in both top-line growth and operational execution despite a challenging macroeconomic environment. Management attributed the momentum to continued demand across core verticals—especially education, travel, and healthcare—and a surge in new client acquisitions, with over 200 new clients signed. CEO Mike Massaro emphasized the company’s ability to adapt and thrive: “We are not just weathering headwinds, we are using them to become stronger and fuel our future growth.” The company’s strategic focus on product integration, operational discipline, and differentiated payments technology helped offset headwinds in markets like Canadian higher education.

Jazz Pharmaceuticals faced a challenging first quarter as revenue remained flat year over year, missing Wall Street expectations. Management attributed the performance to contrasting trends across its portfolio: robust double-digit growth for key neuroscience products, Xywav and Epidiolex, was offset by weaker results in oncology, notably for Zepzelca and Rylaze. CEO Bruce Cozadd described the quarter as one of "meaningful progress" in R&D and commercial execution, but also acknowledged near-term headwinds impacting some oncology products and a significant charge related to legal settlements. The company also noted that operational factors, including an additional inventory burn for Epidiolex and one fewer shipping week in oncology, contributed to the results.

Nature’s Sunshine’s first quarter was marked by strong international performance and effective risk management amid a complex trading environment. The company’s results exceeded Wall Street’s expectations, with CEO Terrence Moorehead attributing the outperformance to robust demand in Asia Pacific and Europe. Moorehead highlighted, “Our strategy to refocus the business on high-velocity products that offer an attractive repay purchase opportunity continued to drive strong order growth, while the expansion of our Subscribe & Thrive autoship program helped improve customer activation and drive orders.” The company also increased inventory levels to hedge against evolving tariffs and supply disruptions, supporting continued product availability.

Opendoor’s first quarter results were well received by the market, as management’s efforts to control costs and adjust to a subdued U.S. housing market stood out. CEO Carrie Wheeler credited operational discipline and the company’s evolving agent partnership model as key drivers of performance, even as macro pressures like elevated mortgage rates and slowing home sales persisted. Wheeler explained, “Our progress is reflected in our first quarter results, where our acquisition volumes, revenue, contribution profit, and adjusted EBITDA demonstrate strong execution amidst a challenging macro backdrop.”

BlackLine’s first quarter saw a positive market response following steady revenue growth and a notable margin improvement. Management attributed these results to operational enhancements in sales execution, customer expansion, and the adoption of its Studio360 platform. The leadership team emphasized increased average deal size, especially among enterprise clients, and highlighted the successful rollout of a new pricing model. Co-CEO Owen Ryan pointed to deepening relationships with key partners and customer wins in both North America and international markets as important contributors to quarterly performance. The company also credited faster implementation timelines and improved go-to-market alignment for helping drive customer satisfaction and top-of-funnel activity.

Lucid’s first quarter results were met with a negative market reaction following a modest revenue shortfall versus analyst expectations. Management attributed the quarter’s performance to a 58% year-over-year increase in vehicle deliveries, driven by expanding demand for the Lucid Air and the initial ramp of the Gravity SUV. Interim CEO Marc Winterhoff cited ongoing operational improvements, including resolving temporary delivery bottlenecks in Saudi Arabia and advancing U.S. manufacturing capabilities with the acquisition of Nikola’s Arizona assets. Management also acknowledged lingering supply chain complexities and heightened tariff-related uncertainty, especially concerning rare earth materials.

Varonis delivered first quarter results that exceeded Wall Street’s expectations, with management attributing the performance to accelerating adoption of its SaaS-based data security platform and continued expansion among both new and existing customers. CEO Yaki Faitelson noted that the company’s SaaS transition was “well on track to complete by the end of the year,” and highlighted strong demand for automated data protection solutions as a key growth driver. Management also credited ongoing success in converting legacy customers to SaaS and the launch of offerings tailored for new use cases in cloud and hybrid environments.

Resideo’s first quarter results were well received by the market, reflecting both strong execution and resilience in the face of ongoing macroeconomic uncertainty. Management pointed to robust organic growth in its Products and Solutions segment, healthy customer demand, and continued margin expansion as primary drivers. CEO Jay Geldmacher highlighted the positive impact of new product launches, such as the Honeywell Home FocusPRO thermostats and First Alert VISTA security products, as well as successful tariff mitigation strategies. Additionally, President Tom Surran noted that the Products and Solutions business achieved its eighth consecutive quarter of year-over-year gross margin expansion, powered by efficient factory utilization and a steady cadence of new product introductions.

Latham’s first quarter results for 2025 closely tracked Wall Street’s expectations, with revenue flat year over year. CEO Scott Rajeski attributed the quarter’s performance to relative strength in fiberglass pools and auto covers, as well as operational improvements in manufacturing and value engineering. Rajeski highlighted that “after a few slow weeks in early January, we saw a nice sequential pickup of business activity in March that continued through April and into May.” Management also pointed to the benefits of recent acquisitions and increased marketing activity, particularly in key growth regions.

AZEK’s first quarter delivered results that surpassed Wall Street’s revenue and profit expectations, with management pointing to strong residential segment growth and continued traction from new product launches. CEO Jesse Singh credited mid-single-digit sell-through in the residential channel and expansion across the TimberTech and Versatex brands as key contributors. The company also emphasized that disciplined inventory management and targeted investments in merchandising and displays supported channel growth, while margin resilience reflected ongoing recycling and cost initiatives.

Manitowoc’s first quarter saw a positive market reaction despite revenue and adjusted EPS falling short of Wall Street expectations. Management attributed the quarter’s performance to higher orders in the Americas and a sharp uptick in European tower crane demand, with CEO Aaron Ravenscroft highlighting non-new machine sales growth and “strong customer feedback” at the Bauma trade show. The company also pointed to successful integration of AI into its operational processes, yielding measurable savings, and reported progress in aftermarket initiatives driven by expanded service capabilities. Challenges such as lower overall sales and margin compression were acknowledged, but management focused on the resilience of the aftermarket business and improving order trends.

Teradata’s first quarter results for 2025 were shaped by a combination of declining top-line sales and expanding profit margins. Management highlighted ongoing improvements in its advanced analytics and hybrid cloud offerings as key factors underpinning customer retention and growth in cloud annual recurring revenue. CEO Steve McMillan credited the company’s focus on industry-specific use cases and its ability to meet customers’ needs in both cloud and on-premises environments for sustaining engagement despite a challenging macroeconomic landscape. Management also noted the benefits of cost optimization efforts that helped support profitability, with McMillan stating, “Our go to market team is executing well against the pipeline we carried into 2025.”

Purple’s first quarter was marked by a significant year-on-year sales decline, yet the market responded positively due to operational improvements and strategic progress. Management highlighted ongoing cost savings, margin expansion, and robust growth in its showroom channel—showroom revenues increased for the fifth consecutive period, with comparable sales rising 11%. CEO Rob DeMartini emphasized the company’s focus on differentiating its products at retail and continuing to optimize its distribution mix. Notably, Purple’s restructuring and cost control initiatives drove adjusted EBITDA and gross margin improvements, even as wholesale and e-commerce channels remained soft.

Electronic Arts delivered first quarter results that exceeded Wall Street’s expectations, driven by a rebound in flagship sports franchises and a successful new game launch. Management pointed to renewed engagement in the EA SPORTS FC series following major gameplay updates, as well as strong momentum in American football titles and double-digit growth in The Sims. CEO Andrew Wilson credited the company’s rapid response to community feedback and targeted content drops for restoring player engagement, especially after a temporary slowdown in FC. The launch of new intellectual property, Split Fiction, also outperformed internal expectations, reflecting the strength of EA’s diversified portfolio.

Upstart’s first quarter results for 2025 drew a negative market reaction despite notable top- and bottom-line outperformance versus Wall Street expectations. Management attributed the strong revenue growth to a surge in platform originations, particularly from personal loans and rapid expansion in home equity and auto lending. CEO Dave Girouard highlighted that “model wins and improved borrower health combining with more competitive capital” drove higher conversion rates and that the company’s AI-powered underwriting improvements boosted automation and efficiency across products. Management also acknowledged that a shift toward super prime borrowers and new product scaling contributed to changes in revenue mix and margin dynamics.