Streetbeat News

Earnings

CRM

Salesforce projects Q2 2024 revenue to be between $8.51 billion and $8.53 billion, surpassing the estimated $8.49 billion.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:09 pm

CRWD

CrowdStrike expects Q2 revenue to be between $717.2M and $727.4M, compared to the $718.9M estimate, and Q2 EPS to be between $0.54 and $0.57, in line with the $0.54 estimate.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:09 pm

PSTG

Pure Storage expects Q2 revenue of $680 million, surpassing the consensus estimate of $656.13 million.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:09 pm

CRM

Salesforce has raised its guidance for the fiscal year, indicating strong performance and increased confidence in the company's growth prospects.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:08 pm

CHWY

Chewy reported Q1 earnings of $0.20 per share, a 400% increase YoY, and quarterly sales of $2.78 billion, beating the analyst consensus estimate of $2.73 billion by 1.98% and marking a 14.66% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:08 pm

PSTG

Pure Storage reported Q1 adjusted earnings of $0.08 per share, beating the $0.04 estimate, and sales of $589.31M, beating the $559.34M estimate. However, this represents a 68% decrease in earnings and a 5.01% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:08 pm

CRWD

CrowdStrike Holdings reported Q1 earnings of $0.57 per share, beating the analyst consensus estimate of $0.51 by 11.76%. Sales reached $692.58M, surpassing the estimate of $677.37M by 2.25%. This represents a 41.97% increase in sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:07 pm

CRM

Salesforce reported Q1 earnings of $1.69 per share, beating the $1.61 estimate, and sales of $8.25B, surpassing the $8.18B estimate. This represents a 72.45% increase in earnings and an 11.32% increase in sales compared to the same period last year.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 8:07 pm

PHR

Phreesia reported Q1 losses of $(0.70) per share, missing the $(0.46) estimate by 52.17%. Sales were $83.84M, beating the $81.17M estimate by 3.30%. This represents a 32.34% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:06 pm

NTAP

NetApp has provided guidance for FY24, projecting adjusted EPS of $5.65-$5.85, higher than the estimated $5.57.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 8:06 pm