Check out these companies make headlines in postal transactions. REDDIT – Social Media Platforms Social Media Platforms glided 17% after expectations of insufficient number of Reddit’s users. The average daily active only single in the fourth quarter was 101.7 million, reflecting a 39% year-on-year increase, but analysts’ call calls were 103.1 million. Additionally, Reddit beat analyst expectations in the fourth quarter. Trade Station – Ad Technology stocks released $741 million in the fourth quarter, lower than consensus forecasts from analysts voted by LSEG, which was $741 million. The current quarterly revenue guide is also weak. On the other hand, the company earned 59 cents per share, excluding items, defeating the streets’ estimated 3 cents per share. Robinhood-Digital Finance Platform jumped 13% in revenue in the fourth quarter that exceeded expectations. Robinhood reported $1.01 billion over a three-month period, reaching a consensus estimate of $944.6 million from analysts surveyed by LSEG. Appleovin – App Technology stock soared 20% after beating Wall Street’s fourth quarter forecast and providing strong current-quarter revenue guidance. Appleovin’s revenue was $1.37 billion, while LSEG voted analysts earned $1.73 per share, $1.24 per share, and $1.26 billion in revenue. Dutch Bros – The café chain soared 19% after fourth-quarter earnings exceeded expectations and issued a positive full-year revenue outlook. Dutch Bros earned 7 cents per share, excluding items, and recorded $343 million in revenue. Analysts expect the Oregon-based company to see only 2 cents per share, with revenue of $318 million. Rapidly – cloud platform providers have provided weak guidance for a full year, about 16%. It was quickly seen that the loss per share was 9 cents to 15 cents during the period, while analysts surveyed by LSEG expected a profit of 4 cents per share. The company also reported a loss of 3 cents per share in the fourth quarter, which is larger than the analysts’ consensus estimates. MGM Resorts – After revenues of $4.35 billion in the fourth quarter, the resort and Casino operators exploded 8% after $4.35 billion in revenue. This is $4.27 billion better than the consensus estimate per LSEG. Equinix – Data Center stocks fell by 2%. Although Equinix raised its quarterly cash dividend by 10% to $4.69 per share, the company offered a softer full-year revenue outlook than analysts expected, according to LSEG. – CNBC’s Darla Mercado contributes the report
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