Sprout Social Stock Plummets 18%: Q3 Revenue Forecast Disappoints, Fails to Meet Expectations
Sprout Social Inc. shares experienced a decline in the extended session on Tuesday as the social media management software company’s revenue forecast for the current quarter did not meet Wall Street estimates. Sprout SPT shares fell by 18% in the extended session on Tuesday, with shares closing the regular session down by 3.7% at $48.32. […]
“Expeditors Defies Odds: Surpasses Profit Predictions Despite Sinking Revenue & Weak Logistics Demand”
Expeditors International of Washington Inc., a global logistics company, reported its Q1 2021 results, which showed a net income of $226 million or $1.45 per share, down from $346.1 million or $2.05 per share in the same period last year. While the profit exceeded expectations, the company’s revenue fell 44.4% to $2.59 billion, underperforming the […]