Shares of recreational boats manufacturer Malibu Boats (NASDAQ:MBUU) fell 16.4% in the morning session after the company reported second-quarter results, which missed Wall Street's revenue expectations. Guidance was also worrisome, with the company anticipating revenue to be down "mid-to-high thirties percentage, year-over-year" compared to 2023, and below Wall Street's estimates. Lastly, management's commentary in the press release called out "weak retail demand," "elevated inventory levels," a
Shares of streaming video giant Netflix (NASDAQ: NFLX) jumped 7.9% in the afternoon session after the company reported fourth quarter results that exceeded Wall Street's revenue expectations with strong user growth. The 13.1 million net adds from last quarter were well above expectations of 8.8 million. ARPU also outperformed slightly in every geography except Asia-Pacific, driving the revenue beat.
Birkenstock beat analysts expectations for fourth-quarter sales and forecast annual revenue above estimates on Thursday, in the German luxury sandal maker s first results since going public, betting on higher pricing and strong demand.
Birkenstock beat analysts expectations for fourth-quarter sales and forecast annual revenue above estimates on Thursday, in the German luxury sandal maker s first results since going public, betting on higher pricing and strong demand.