Category: Newsfeed
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APG 3Q25 Business Recap: Continued Execution
3Q25 Update. APG reported strong 3Q results, with shares rising roughly +2% following the announcement. Year to date the stock has gained +46%. APG’s revenue increased +14% y/y but growth contracted 100bps compared to last Q. Organic growth reached approximately +10% y/y, up from 8% in the prior quarter. Within…
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Perimeter Solutions 3Q25 Business Update: Deepening the Moat
(Members can read an extended version of this post here or a PDF version of this post here) 3Q25 Update. Perimeter Solutions reported 3Q25 and the stock jumped +26%. YTD the stock is now +112%. While the results were good, it was not clear what would warrant such a large move.…
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Meta 3Q25 Business Update: AI is Working
(Speedwell Members please click here for the full post or a PDF version of this post here) 3Q25 Update. Meta reported 3Q25 and the stock dropped -8% after hours. Their core apps looked as healthy as ever with Daily Active People reaching 3.5 billion, +8% y/y. Instagram surpassed 3 billion MAUs…
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CoStar 3Q25 Business Recap: 47% Core Margins, But Still Posting Losses
3Q25 Business Recap. CoStar reported 3Q25 and revenues were +20% y/y. This figure includes the acquisition of Domain. Backing out Domain’s revenue contribution for the quarter, revenue growth was +16.5% y/y, still an acceleration from last quarter and higher than in recent quarters. Growth was broad based with their two…
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Evolution 3Q25 Business Update: Revenue Falls for the First Time Ever
(Speedwell Members can access a full version of this post here and a PDF of this post here) 3Q25 Update. Evolution reported 3Q25 and the stock was down -7%. For the first quarter ever, they reported a contraction in y/y revenue. Total revenues shrunk -2% y/y, driven by weak performance…
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LVMH 3Q25 Business Recap: Postive Revenue Trends
LVMH releases revenue updates for 1Q and 3Q. These are short press releases with only revenue info and limited commentary. Nevertheless, we wanted to provide a short recap. 3Q25 Revenue Update. LVMH posted their 3Q25 revenue update and the stock reacted positively, moving +13% over the next 2 days. …
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RH 2Q25 Business Update: Inflection just Around the Corner… (Again)
(Members can get an extended version of the post here or a PDF of this post here). 2Q25 Update. RH reported 2Q25 and revenues grew +8% y/y, down from the +12% y/y they did last Q. This isn’t surprising given this is the first full quarter that the tariffs impacted operations.…
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CPRT: 4Q25 Business Recap (Calendar 2Q25)
Note: We just wanted to provide a short update on CPRT, but big picture not much has changed from our update last quarter. You can find a PDF here. 2Q25 Summary. Copart reported fiscal 4Q25, and the stock dropped -3% the following day. The stock is now down -23% from…
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Constellation Software: 2Q25 Business Recap
Note: We just wanted to provide a short update on CSU, but big picture not much has changed! We provide some commentary on the quarter and their business developments below. We will provide a longer update once there is more to talk about, or at the end of the year…
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Perimeter 2Q25: Platform Acquisition Ahead of Expectations
(Members can download a PDF of this post here) 2Q25 Business Update. Perimeter reported 2Q25 and their revenues were up +28% y/y to $163mn. Their Fire Safety Segment grew +22% y/y to $120mn, with their Specialty Products Segment growing even more at 47% y/y to $42mn. EBITDA growth was even…