Earnings Report

An investment firm plans to purchase 220 shares of Corning (GLW) at $83, increasing its position due to a post-earnings report dip. Despite exceeding overall expectations with 14% core sales growth and better-than-expected EPS, Corning’s stock fell due to a slight miss in Optical Communications revenue. The firm views the pullback as a buying opportunity, citing strong growth in enterprise sales (driven by AI data center integration) within Optical Communications, robust Specialty Materials sales, and the “Springboard” plan. The firm believes in Corning’s long-term growth potential.

QNB Corp. (QNBC) reported Q3 2025 net income of $3.65M ($0.98 diluted EPS), with YTD net income up 20.4% to $10.11M ($2.72 diluted EPS). Results include $519K in merger costs. Key drivers include rising net interest income and loan growth. QNB is acquiring Victory Bancorp, creating a company with ~$2.4B in assets. Non-performing loans increased to $8.95M.

Tesla’s Q3 revenue increased by 12% year-over-year, but net income plunged 37%. Price cuts to compete with Chinese EV manufacturers and a 50% surge in operating expenses, including AI investments, contributed to the decline. The market reacted negatively, with shares dipping in extended trading. This adds to broader market concerns, as other tech companies also reported disappointing earnings. Simultaneously, smaller altcoins faced a disproportionate impact during the recent crypto market correction, highlighting their increased risk.

Altisource Portfolio Solutions (ASPS) will announce its third quarter 2025 financial results on Thursday, October 23, 2025. A press release and presentation will be available on the company’s Investor Relations website. A live conference call and audio webcast will be held at 8:30 a.m. EDT on the same day. Registration on the Investor Relations website is required prior to the webcast, and a replay will be available approximately two hours after the call’s conclusion, accessible for about 30 days.

Park Aerospace (PKE) will release its Q2 fiscal year 2026 financial results on October 9, 2025, after the NYSE closing bell. A conference call to discuss the results will be held at 5:00 p.m. EDT that day. Investors can access a live audio webcast and presentation materials on Park Aerospace’s website. Dial-in numbers are provided for phone participation, with a replay available from October 9-15. Analysts anticipate discussion on composite material advancements, supply chain dynamics, growth strategy and raw material costs.

Figma’s stock plummeted nearly 20% after its first earnings report as a public company, despite revenue of $249.6 million, a 41% year-over-year increase. Analysts noted the report as a “non-event,” highlighting the stock’s volatility since its IPO. Figma’s value has dropped over 50% from its initial trading day, with a market cap now around $27 billion. Q3 revenue is projected at $263-$265 million, a 33% growth. The company’s net retention rate decreased slightly from 132% to 129%, requiring a clear strategy for sustained growth.

Figma (FIG) shares fell 14% after hours following its first earnings report as a public company. While revenue beat expectations at $249.6 million (up 41% YoY), the report presented a mixed picture. Q3 revenue is projected at $263-$265 million, surpassing estimates. Full-year adjusted operating income is forecasted between $88-$98 million, with revenue exceeding $1.02 billion. Figma is innovating with AI-powered tools and strategic acquisitions. Concerns about AI displacing designers were addressed, with the CEO emphasizing AI’s role in augmenting design. The company reported a 129% net retention rate.

Marvell Technology (MRVL) shares fell 15% after a weaker-than-expected data center revenue report and cautious Q3 outlook, despite exceeding EPS estimates. While Q2 revenue grew 58% YOY, driven by AI demand, Q3 revenue guidance of $2.06 billion fell short of expectations. Investors are seeking clarity on customer engagements, and Bank of America downgraded MRVL’s stock, citing concerns about near-term AI growth. The company anticipates a stronger Q4, attributing Q3’s flatness to “nonlinear growth” in custom AI chips.

Dell Technologies exceeded analyst expectations for both EPS and revenue in Q2, driven by a 69% surge in server and networking revenue, including AI servers. Full-year revenue outlook was also raised. However, shares dipped in after-hours trading as Q3 EPS guidance fell short of estimates, despite higher revenue projections. The company attributed the profit forecast’s concentration in Q4 to seasonal patterns. Dell plans to double AI server shipments in FY26, emphasizing its commitment to the AI market. Storage revenue declined, while Client Solutions Group saw modest growth.

Duluth Trading Company (DLTH) will release its Q2 2025 financial results before market open on September 4, 2025. A conference call and webcast will be held at 9:30 AM ET on the same day to discuss the results. Investors can access the call domestically at 1-844-875-6915 or internationally at 1-412-317-6711. A replay will be available until September 10, 2025, and the webcast can be accessed at ir.duluthtrading.com.