H&R Block (NYSE:HRB) – The tax preparation services company reported fourth-quarter fiscal revenue of $1.063 billion and earnings per share of $1.89, exceeding forecasts of $1.028 billion and $1.74, respectively. For 2025, the company projects revenue between $3.69 billion and $3.75 billion, with earnings per share between $5.15 and $5.35, also above estimates. The company also announced a 17% dividend increase and a $1.5 billion share repurchase. Shares closed up 1% on Thursday and rose 9.6% in pre-market.
Applied Materials (NASDAQ:AMAT) – The semiconductor equipment company reported adjusted earnings per share of $2.12, beating estimates of $2.03, with revenue of $6.78 billion, above the forecast of $6.68 billion. Demand for artificial intelligence chips drove growth. The company projects revenue of $6.93 billion and earnings per share between $2 and $2.36 in the next quarter. Shares fell 3.2% in pre-market after rising 5.1% on Thursday.
Coherent (NYSE:COHR) – The optical and laser solutions company for industries reported fourth-quarter fiscal adjusted earnings of 61 cents per share on revenue of $1.31 billion. These results surpassed FactSet analysts’ expectations of 60 cents per share and $1.28 billion in revenue. Shares rose 0.03% in pre-market after a 6.4% increase on Thursday.
Amcor (NYSE:AMCR) – The sustainable packaging company reported $3.54 billion in revenue for the quarter, below FactSet analysts’ expectations of $3.57 billion. However, Amcor posted adjusted earnings of 21 cents per share, slightly above the market estimate of 20 cents. Shares closed up 1.8% on Thursday and fell 0.7% in pre-market.
ReNew Energy Global (NASDAQ:RNW) – The renewable energy and sustainable solutions company reported break-even quarterly earnings, below the estimate of $0.08 and last year’s $0.09, with revenue of $299 million, 13.23% below expectations.
Despegar (NYSE:DESP) – The leading travel agency in Latin America reported 12% revenue growth, reaching $185 million in the second quarter, with adjusted net income rising 397% to $30.2 million. Adjusted EBITDA increased 22%, driven by operational efficiency and Travel Package sales. The company revised its annual revenue forecast to $760 million and adjusted EBITDA to $160 million, reflecting an optimistic outlook for 2024. Shares are stable in pre-market after a 3% rise on Thursday.
Alvotech (NASDAQ:ALVO) – The biotechnology company focused on biosimilar medicines reported record revenue of $236 million in the first six months of 2024, a significant increase from the previous year, with earnings of $65.2 million in the second quarter. However, the second-quarter loss per share was -$0.61, below expectations. The company attributed the loss to financial costs but highlighted strong growth in orders and product launches. Shares are stable in pre-market after an 8% rise on Thursday.
Globant (NYSE:GLOB) – The digital technology and innovation services company reported adjusted earnings per share of $1.51 in the second quarter, above the estimate of $1.49, and revenue of $587.5 million, an 18.1% year-over-year increase. For the third quarter, Globant projects revenue between $611 million and $617 million, with adjusted EPS of $1.60-$1.64. Shares are stable in pre-market after a 1.7% rise on Thursday.