Financial results from US stocks continue to outperform analyst expectations. A company’s earnings report is a critical indicator of its growth. Investors have had a very pleasant earnings season thus far. NIO Inc., Opendoor Technologies Inc., Coherent, Inc., Unity Software Inc., Sysco Corporation, and eBay Inc. are all notable companies that recently announced strong earnings reports.
Insider Monkey discusses 10 stocks that released solid quarterly earnings. McAfee Corp. shares increased nearly 10% following the company’s impressive second-quarter results announced on June 26. The cybersecurity company reported earnings per share of 21 cents, beating the consensus estimate. Revenue increased by 22% year over year in the third quarter. Bentley Systems, Incorporated recently reported second-quarter results that were better than expected. The software development company reported earnings of 14 cents per share, slightly higher than the 13 cents per share reported in the comparable 2020 period. Kornit Digital reported second-quarter profit and revenue that exceeded expectations. For the three months ended June 30, the developer of industrial digital printing technologies earned 12 cents per share. Quarterly revenue increased 118 percent year over year to $81.7 million. Vishay Intertechnology, Inc. reported financial results for the quarter ended July 3 that were better than expected. The semiconductor manufacturer reported earnings of 64 cents per share, significantly higher than analysts’ estimates. Vishay anticipates third-quarter revenue of between $810 million and $850 million. Vishay Intertechnology, Inc. reported financial results for the quarter ended July 3 that were better than expected. The semiconductor manufacturer reported earnings of 64 cents per share, significantly higher than analysts’ estimates. Vishay anticipates third-quarter revenue of between $810 million and $850 million. For more details, click 10 Stocks That Released Solid Quarterly Earnings.
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