
Several companies reported their first-quarter earnings for 2025 with mixed results. Corsair Gaming (CRSR) posted an adjusted EPS of $0.11, slightly missing the $0.12 estimate, but its sales of $369.75 million exceeded the $366.21 million forecast. Cirrus Logic (CRUS) reported a strong quarter with adjusted EPS of $1.67 beating the $1.18 estimate and sales of $424.5 million surpassing the $380.31 million estimate. Wynn Resorts (WYNN) reported adjusted EPS of $1.07, missing the $1.19 estimate, and sales of $1.70 billion also fell short of the $1.74 billion expectation. Operating revenue for Wynn Resorts decreased by $162.5 million compared to the first quarter of 2024. The company’s Las Vegas operating revenue was $625.3 million, above the $607.8 million estimate, but adjusted property EBITDAR was $532.9 million, below the $560.7 million estimate. Net income attributable to Wynn Resorts was $72.7 million for the quarter. Crexendo (CXDO) beat estimates with an adjusted EPS of $0.08 versus $0.06 expected and sales of $16.06 million versus $15.81 million forecast. The Baldwin Insurance (BWIN) posted adjusted EPS of $0.65 beating the $0.64 estimate, though sales of $413.4 million missed the $418.02 million estimate. Cricut (CRCT) reported adjusted EPS of $0.11 beating the $0.07 estimate and sales of $162.6 million beating the $154.67 million forecast. Wynn Resorts’ CEO stated that the first-quarter results reflect continued strength across its business despite the misses.
$WYNN: LAS VEGAS OPERATING REVENUE: $625.3M (EST. $607.8M) ADJUSTED EPS: $1.07 (EST. $1.29) ADJUSTED PROPERTY EBITDAR: $532.9M (EST. $560.7M)
Wynn Resorts CEO: "Our first quarter results reflect continued strength throughout our business..# $WYNN: -5% AH https://t.co/CyYcOReCCk
$CRCT Cricut Q1 EPS $0.11 Beats $0.07 Estimate, Sales $162.60M Beat $154.67M Estimate
