Today was a big day for quite a few companies as earnings season continues to move forward. However, as with every day of earnings season, there were some clear winners and clear losers. Here are the biggest wins of today in earnings:
Fossil Group Inc (NASDAQ: FOSL) – Up 68%+
Fossil is having a strong day in the market today, up more than 68% at the time of writing this as a result of reporting earnings. The company reported a loss per share in the amount of $1.65 on revenue of $920 million. Analysts expected to see earnings in the amount of $0.40 per share on $890 million. The company said that earnings were hit hard by new tax laws, but it did see a 31% increase in e-commerce sales in the quarter and expects gross margins to improve.
InspireMD Inc (NYSEAMERICAN: NSPR) – Up 20%+
InspireMD is another stock soaring on earnings today. During the fourth quarter, the company reported revenue in the amount of $833,000, showing incredible growth over the $322,000 reported in the same quarter 1 year before. Much of the growth was the result of the company’s CGuardTM EPS sales gains, with sales coming in at 211% growth year over year. Ultimately, this led to excitement surrounding NSPR, causing the stock to gain dramatically.
Carbonite Inc (NASDAQ: CARB) – Up 12%+
Carbonite is having an incredible day as well. While the company missed the mark, reporting a loss of $0.06 per share (gain of $0.30 per share when adjusted for stock option expense and non-recurring costs), analysts were expecting to see earnings at $0.29 per share. Revenue also missed the mark with CARB reporting revenue in the amount of $61.7 million and analysts expecting $63.7 million. Nonetheless, revenue proved to be positive. Carbonite expects revenue to come in between $61.7 million and $63.7 million for the quarter and $294 million and $304 million for the full year.
Interpublic Group of Companies Inc (NYSE: IPG) – Up 10%+
Interpublic Group of Companies is also having an incredibly strong day in the market today after reporting earnings. Revenue in the US came in at $1.29 billion and overseas came in at $1.06 billion. Total revenue saw an increase of 3.4%. Earnings, excluding one-time items, came in at $0.79 per share, beating estimates of $0.77 per share.
Talend SA ADR (NASDAQ: TLND) – Up 10%+
Finally, Talend is up more than 10% after the company reported its earnings. The company reported earnings in the amount of $0.28 on revenue in the amount of $41.52 million. Revenue came in slightly lower than analyst expectations of $41.55 million with earnings beating expectations by a penny. For the current quarter, the company is expecting to generate revenue in the range between $45.3 million and $46.3 million with a net loss of between $0.16 and $0.20 per share. Analysts are currently expecting a loss of $0.15 on $43.7 million revenue. For the full year, the company expects for revenue to come in between $200 million and $202 million, with the net loss coming in the range between $0.44 per share and $0.48 per share. Analysts are expecting a full year loss of $0.45 per share or $193 million revenue.
Never Miss The News Again
Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!