Stock Analysis

Market-making firms earnRevenuefrom the difference between the prices at which they buy and sell securities, and from theVolumeof trades they facilitate for clients. WhenVolatilityis high and volumes are heavy, trading income tends to rise, which is why the company's quarterly results can look very …

Third-quarter sales totaled $736.9 million, a decrease of 2.1% from the prior-year period. The company said the decline reflected the divestiture of Teletrac Navman. Core sales, which exclude the effects of divestitures and other adjustments, rose 5.7% year over year, driven primarily by continuedDemandacross …

Point-of-sale and commerce technology companies sell both software subscriptions and hardware terminals to merchants. Many are shifting toward software and services becauseRecurring Revenueis more predictable than one-time equipment sales. The transition can lower reported revenue even when the software business is consistent, because hardware …

Loan repurchases and indemnifications are obligations a lender may face when loans it originated or sold do not meet the terms of the buyer or guarantor. Charges of this kind can arrive well after a loan is originated, which is why the company treats …

Drainage and water management products are used in construction, road building, stormwater control and agricultural projects.Demandfollows public infrastructure budgets, residential and commercial construction, and weather patterns that drive stormwater needs. Plastic resin prices are a major cost factor, so pricing and raw material trends …

Revenue growth of 10.4% is measured against the prior-year quarter, and the active customer metric uses a trailing 12-month window. Because the two measures use different time frames, they should be read as complementary indicators rather than as a single calculation, and the release …

Multi-line insurance holding companies earn income fromUnderwritingpremiums and from investing the float they hold before claims are paid. Results are shaped by catastrophe losses, claims trends, pricing cycles and the performance of investment portfolios. Book value per share is the primary measure ofShareholderEquityused across …