YieldTerminal Pro's November 5 Premarket Map covers four companies that reported before the open. The full video combines the four approved Shorts. Figures come from each company's SEC-filed release; the charts are TradingView daily candles through the November 4 regular-session close, so they do not include November 5 trading.
Core Scientific: colocation now drives revenue
Core Scientific's third-quarter revenue nearly tripled from a year earlier, to $232.9 million. Colocation, hosting customers' computing equipment in its data centers, made up 92.5% of revenue, versus about 18% a year earlier, while revenue from its own digital-asset mining shrank. GAAP net income was $1.18 billion, mostly from a non-cash gain on warrants rather than operations. The release gave no financial outlook.
Watch the Core Scientific Short and read the company's SEC-filed release.
Shift4: full-year outlook lowered
Shift4 lowered its full-year outlook. Its non-GAAP EPS guidance is now $5.05 to $5.15, down from $5.15 to $5.35, so the new range tops out where the old one started. Its adjusted EBITDA outlook now implies 15% to 17% growth, down from 19% to 22%. Third-quarter gross revenue was $1.32 billion, up 12% from a year earlier, and the company repurchased 4.2 million shares for $190 million. In the recorded early premarket observation, the shares were lower than Wednesday's close.
Watch the Shift4 Short and read the company's SEC-filed shareholder letter.
Global Payments: outlook kept
Global Payments reaffirmed its full-year outlook, including adjusted EPS of $13.60 to $13.80, and raised its yearly Worldpay integration expense-savings goal to $650 million. Third-quarter adjusted EPS was $3.58, up 9.8%. GAAP diluted EPS fell more than half, to $1.06, and $0.76 of that came from discontinued operations.
Watch the Global Payments Short and read the company's SEC-filed release.
ConocoPhillips: dividend raised
ConocoPhillips raised its quarterly dividend 11%, to $0.93 a share. Third-quarter adjusted EPS was $3.27, up from $1.61 a year earlier. It realized $61.40 per barrel of oil equivalent, 32% more than a year earlier. Production fell more than 4%, or about 2% adjusted for acquisitions and asset sales; the company cited the Middle East conflict's impact on Qatar.
Watch the ConocoPhillips Short and read the company's SEC-filed release.
What tied the morning together
Shift4 lowered its full-year outlook and was lower in early premarket trading, while Core Scientific was higher. Global Payments kept its outlook, and ConocoPhillips raised its dividend. Early premarket directions are single recorded observations compared with Wednesday's close, not continuously updated prices.
Chart: TradingView daily candles through the November 4 close, with 50-day and 200-day simple moving averages.
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