News

Planet Labs (NYSE:PL) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops

Earth imaging satellite company Planet Labs (NYSE:PL) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 4.6% year on year to $61.55 million. Next quarter’s revenue guidance of $62 million underwhelmed, coming in 5.1% below analysts’ estimates. Its non-GAAP loss of $0.08 per share was significantly below analysts’ consensus estimates.

Torrid’s (NYSE:CURV) Q4 Sales Top Estimates, Stock Soars

Women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 6.1% year on year to $275.6 million. On the other hand, next quarter’s revenue guidance of $269 million was less impressive, coming in 3% below analysts’ estimates. Its GAAP loss of $0.03 per share was 60% above analysts’ consensus estimates.