Streetbeat News

Earnings

MDB

MongoDB Inc (NASDAQ:MDB) reported better-than-expected Q1 financial results and strong guidance, with adjusted earnings of 56 cents per share and revenue of $368.28 million. The company expects Q2 revenue between $388 million and $392 million, and full-year 2024 revenue between $1.522 billion and $1.542 billion.

Portfolio Pulse from Adam Eckert

June 01, 2023 | 8:45 pm

CIFR

Cipher Mining Inc. (NASDAQ:CIFR) released its unaudited production and operations update for May 2023, announcing record bitcoin production of 493 BTC, 513 BTC sold, and 407 BTC held. The company deployed 59,000 mining rigs and achieved a month-end operating hash rate of 6.0 EH/s.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:41 pm

IOT

Samsara (NYSE:IOT) reported Q1 earnings with an EPS of $-0.02, beating estimates by 60.0%. Revenue increased by $61.67 million compared to the same period last year. In the previous quarter, the company beat EPS estimates by $0.03, resulting in a 15.4% share price increase the following day.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 8:40 pm

LVRO

Lavoro reported GAAP EPS of R$3.41 and revenue of R$2.526B for the three-month period ended March 31, 2023. The company experienced a loss of R$385,998 for the period, compared to a profit of R$75,611 in the same period in 2022.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:39 pm

MDB

MongoDB reported better-than-expected Q1 results and issued strong guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:37 pm

CHPT

ChargePoint Holdings reported Q1 revenue of $130 million, up 59% YoY, beating the Street consensus estimate of $128.1 million. However, the company reported a loss of 23 cents per share, missing the estimate of a 17 cents loss. ChargePoint provided Q2 revenue guidance of $148 million to $159 million, representing 41% YoY growth at the mid-point.

Portfolio Pulse from Chris Katje

June 01, 2023 | 8:35 pm

COST

Costco reported net sales of $18.45 billion for May 2023, a slight increase compared to $18.23 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:30 pm

ZUMZ

Zumiez reported Q1 earnings with an EPS of $-0.96, missing estimates by 11.63%. Revenue was down $37.80 million from the same period last year.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 8:30 pm

IOT

Samsara has raised its FY24 adjusted EPS guidance from a range of $(0.05)-$(0.07) to $(0.02)-$0.00, beating the consensus estimate of $(0.07).

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:28 pm

LULU

Lululemon forecasts FY23 EPS of $11.74-$11.94 and net revenue of $9.44B-$9.51B.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:28 pm