CoreWeave, Inc. Class A Common StockQ2 revenue rose 112% and adjusted operating income margin beat forecasts
Several technology and consumer companies made significant premarket moves following earnings reports and guidance updates. Super Micro Computer rallied more than 7.5% after issuing first-quarter guidance for adjusted earnings of $1.01 to $1.10 per share on revenue of $14.5 billion to $15.5 billion, both well above consensus estimates. CoreWeave gained more than 18.5% as second-quarter revenue rose 112% to $2.58 billion and adjusted operating income margin reached 5%, exceeding forecasts. Nebius Group jumped more than 12.5% on better-than-expected EBITDA and revenue, while Lumentum Holdings rose more than 8% after beating fourth-quarter estimates. H&R Block surged 11% on an upbeat fiscal 2027 outlook, and Cava Group added almost 12% after topping earnings and revenue expectations. In contrast, Kontoor Brands fell nearly 3% on a slight revenue miss, and software stocks including Workday, Salesforce, Palantir Technologies, and ServiceNow each declined more than 1%.
CoreWeave, Inc. Class A Common StockQ2 revenue rose 112% and adjusted operating income margin beat forecasts
Lumentum Holdings IncBeat fourth-quarter estimates
Nebius Group N.V.Better-than-expected EBITDA and revenue
Super Micro Computer IncStrong Q1 guidance above consensus
Coherent Inc
Salesforce.com Inc
ServiceNow Inc
CAVA Group, Inc.Topped earnings and revenue expectations
H&R Block IncUpbeat fiscal 2027 outlook
Kontoor Brands IncSlight revenue miss
Palantir Technologies Inc.
Workday Inc