Streetbeat News

Earnings

SVM

Silvercorp Metals (AMEX:SVM) reported Q4 earnings with in-line EPS of $0.03 and revenue down $7.44 million YoY. Last quarter, the company beat EPS estimates by $0.01, resulting in a 4.58% share price increase the following day.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 9:07 pm

SVM

Silvercorp Metals (AMEX:SVM) reported Q4 earnings with in-line EPS of $0.03, while revenue was down $7.44 million YoY. Last quarter, the company beat EPS estimates by $0.01, resulting in a 4.58% share price increase the following day.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 9:05 pm

GPS

Gap Inc (NYSE:GPS) reported a profitable Q1 with an EPS of 1 cent, beating estimates of a 17-cent loss. Q1 revenue of $3.28 billion slightly missed estimates of $3.29 billion. Margins improved to 37.1% due to lower air freight expenses and better promotional activity.

Portfolio Pulse from Adam Eckert

May 25, 2023 | 9:04 pm

MRVL

Marvell Technology Inc (NASDAQ:MRVL) reported better-than-expected Q1 earnings with EPS of 31 cents and revenues of $1.322 billion. The company's AI segment is expected to double its revenue in fiscal 2024. Shares rose 16.45% to $57.61 in after-hours trading.

Portfolio Pulse from AJ Fabino

May 25, 2023 | 9:03 pm

PAGS

PagSeguro Digital (NYSE:PAGS) reported Q1 earnings with an EPS of $0.23, beating estimates by 4.55%. Revenue was up $66.64 million from the same period last year.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 9:00 pm

CRM

SHW

A study surveying 357 CFOs and C-suite executives of publicly-traded companies in 2021 found that managers are overconfident and do a poor job of predicting earnings, with only 31% of historical estimates falling within their guidance range. This may explain why analyst earnings estimates are often inaccurate.

Portfolio Pulse from Anthony Noto

May 25, 2023 | 8:55 pm

WDAY

Workday Inc (NASDAQ:WDAY) reported better-than-expected Q1 results with revenue of $1.68 billion, up 17.4% YoY, and earnings of $1.31 per share. The company guided for Q2 subscription revenue of $1.611 billion to $1.613 billion and full-year subscription revenue between $6.55 billion and $6.575 billion. Zane Rowe was appointed as CFO, effective June 12.

Portfolio Pulse from Adam Eckert

May 25, 2023 | 8:45 pm

MRVL

Marvell reported strong Q1 results and issued upbeat guidance, expecting AI revenue to at least double in 2024. Shares are trading higher.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:34 pm

ARCE

Arco Platform reported Q1 losses of $(0.12) per share, missing the $(0.09) estimate, and sales of $102.95M, missing the $106.95M estimate. This represents a 209.09% decrease in earnings and a 25.25% increase in sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 8:33 pm

WDAY

Workday shares are trading higher following the company's better-than-expected Q1 results.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:33 pm