Recent quarterly results or major stock price moves put several companies on the featured stock list.
Cognex (CGNX) fell last week after the firm posted third-quarter results. It reported revenue growth of 13% Y/Y to $313 million and non-GAAP earnings of $0.53 a share. Customers are investing in AI technology, which is driving demand for automation and machine learning solutions.
Axcelis (ACLS) jumped by 10.3% on Nov. 6. In Q3, it earned $1.26 a share. Revenue grew by 11.3% Y/Y to $237.8 million. Gross margin missed its outlook of 43%, though due mostly to unfavorable exchange rates.
Looking ahead, the company expects to close its merger with Veeco by the end of Q1/2027. Axcelis is also forecasting sequential revenue growth.
Viasat (VSAT) bounced in the low $60-$65 range after posting Q2/2027 results. It reported growing losses of $129 million, compared to a loss of $61 million last year. The firm is cautious about its outlook. Fortunately, management is optimistic about its long-term ability to compete.
Moderna (MRNA) jumped by 14% last week. The COVID vaccine maker reported $1.3 billion in revenue (+29% Y/Y). Vaccine sales improved. Also, it discontinued and completed various late-stage studies in its infectious disease portfolio.
Credo Technology (CRDO) posted strong quarterly results but fell last week. Revenue grew by 114.7% Y/Y to $479 million. Momentum in ZF Optics and CPX will support its growth.
