News

Driven Brands’s (NASDAQ:DRVN) Q1 Sales Top Estimates

Automotive services company Driven Brands (NASDAQ:DRVN) beat Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 9.8% year on year to $516.2 million. The company expects the full year’s revenue to be around $2.1 billion, close to analysts’ estimates. Its non-GAAP profit of $0.27 per share was 12.9% above analysts’ consensus estimates.

Shoals (NASDAQ:SHLS) Surprises With Strong Q1, Stock Soars

Solar energy systems company Shoals (NASDAQ:SHLS) reported Q1 CY2025 results topping the market’s revenue expectations, but sales fell by 11.2% year on year to $80.63 million. On top of that, next quarter’s revenue guidance ($105 million at the midpoint) was surprisingly good and 10.4% above what analysts were expecting. Its non-GAAP profit of $0.03 per share was in line with analysts’ consensus estimates.

Novanta’s (NASDAQ:NOVT) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops 12.3%

Medicine and manufacturing technology provider Novanta (NASDAQ:NOVT) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.1% year on year to $233.4 million. On the other hand, next quarter’s revenue guidance of $235 million was less impressive, coming in 2.4% below analysts’ estimates. Its non-GAAP profit of $0.74 per share was 9.9% above analysts’ consensus estimates.

EVgo (NASDAQ:EVGO) Surprises With Q1 Sales, Stock Soars

Electric vehicle charging company EVgo (NASDAQ:EVGO) announced better-than-expected revenue in Q1 CY2025, with sales up 36.5% year on year to $75.29 million. The company’s full-year revenue guidance of $360 million at the midpoint came in 2.3% above analysts’ estimates. Its GAAP loss of $0.09 per share was in line with analysts’ consensus estimates.

IPG Photonics (NASDAQ:IPGP) Posts Better-Than-Expected Sales In Q1 But Stock Drops

Fiber laser manufacturer IPG Photonics (NASDAQ:IPGP) beat Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 9.6% year on year to $227.8 million. On the other hand, next quarter’s revenue guidance of $225 million was less impressive, coming in 6.2% below analysts’ estimates. Its non-GAAP profit of $0.31 per share was 40.9% above analysts’ consensus estimates.