Masimo posted fourth-quarter sales of $142 million (up 8%) and adjusted earnings of $0.31 (up 18%), which amounted to a top-line miss versus the $145 million consensus. Fewer hospital admissions and not fulfilling a Rainbow order and two SET orders were cited as reasons for the shortfall. Adjusted EPS of $0.31 were spot on consensus, driven by gross margin expansion and a slowdown in spending. … Continue reading Masimo Corporation Posts Q4 Results
We expect Nordstrom to report a relatively in-line quarter compared with the Street consensus of $1.34 as well as implied guidance of $1.30-$1.35. Overall, we project 1% total sales growth, to $3.7 billion. We project gross margin, including the impact of Fashion Rewards, to decline 35 basis points, and SG&A deleverage of 40 basis points given the softer top line and continued investment. Nordstrom is … Continue reading Nordstrom, Inc. Earnings Preview
New Hands-On Robotics Activity Premieres Today In Celebration of Computer Science Education Week Read More >> Continue reading Neurala Software Enables Visitors To Drive a Robot On Mars at Boston Museum Of Science
Trip Advisor (TRIP) reported solid 4Q earnings with rev. 3% above our estimate, helped by strength in Display (46% y/y) and Other (53% y/y). Adj. EBITDA was 1% below consensus and 9% below our forecast largely due to higher than expected TV ad spend, which we believe was amplified in the quarter as the company sought to test and refine within the somewhat new channel. … Continue reading Trip Advisor Posts Solid Numbers in Quarter
Automatic Data Processing (ADP) reported solid fiscal second-quarter results Wednesday morning. Revenue growth was 9%, and EPS of $0.78 were about $0.01 above our estimate, although the $0.01 of upside is mainly attributable to a lower-than-expected tax rate. The fastest-growing part of the company remained the PEO segment (up 14%, 18% of total revenue), but revenue growth also was slightly better than expected in the … Continue reading Automatic Data Processing Posts Strong Growth in Quarter
InterActiveCorp is set to report 4Q13 results tomorrow before the market opens. Shares have risen steadily following soft 3Q Search results as a company-wide reorganization in December sparked expectations of a pending Match.com spin-off. We do not currently anticipate a spin announcement tomorrow, the absence of which could drive shares lower despite extremely low fundamental expectations, particularly regarding Search. However, even using conservative assumptions with … Continue reading InterActiveCorp Set to Report Q4 Earnings
