Online advertising giant Alphabet (NASDAQ:GOOGL) announced better-than-expected revenue in Q1 CY2025, with sales up 12% year on year to $90.23 billion. Its GAAP profit of $2.81 per share was 40.1% above analysts’ consensus estimates.
Google parent Alphabet reported first-quarter revenue and profit that beat analysts’ expectations, sending shares higher in extended trading Thursday.
Computer processor maker Intel (NASDAQ:INTC) reported Q1 CY2025 results beating Wall Street’s revenue expectations, but sales were flat year on year at $12.67 billion. On the other hand, next quarter’s revenue guidance of $11.8 billion was less impressive, coming in 8.4% below analysts’ estimates. Its non-GAAP profit of $0.13 per share was significantly above analysts’ consensus estimates.
Intel issued a second-quarter forecast that fell short of analysts’ expectations, sending shares lower in extended trading Thursday.
Biopharmaceutical company Gilead Sciences (NASDAQ:GILD) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $6.67 billion. The company’s full-year revenue guidance of $28.4 billion at the midpoint came in 1.1% below analysts’ estimates. Its non-GAAP profit of $1.81 per share was 2.1% above analysts’ consensus estimates.
HVAC and electrical contractor Comfort Systems (NYSE:FIX) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 19.1% year on year to $1.83 billion. Its GAAP profit of $4.75 per share was 28.1% above analysts’ consensus estimates.
Medical device company Merit Medical Systems (NASDAQ:MMSI) announced better-than-expected revenue in Q1 CY2025, with sales up 9.8% year on year to $355.4 million. The company expects the full year’s revenue to be around $1.48 billion, close to analysts’ estimates. Its non-GAAP profit of $0.86 per share was 14.8% above analysts’ consensus estimates.
Freight transportation company Norfolk Southern (NYSE:NSC) met Wall Street’s revenue expectations in Q1 CY2025, but sales were flat year on year at $2.99 billion. Its non-GAAP profit of $2.69 per share was 0.5% above analysts’ consensus estimates. The stock traded up 2.9% to $226.68 after reporting and hosting the earnings call.
Domain name registry operator Verisign (NASDAQ:VRSN) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 4.7% year on year to $402.3 million. Its GAAP profit of $2.10 per share was in line with analysts’ consensus estimates.
Hopes of a tariff deal drove the major indexes higher.