Streetbeat News

Earnings

DM

Desktop Metal has reaffirmed its full-year 2023 guidance provided with its Q1 earnings results on May 10, 2023.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 9:35 am

SSYS

Stratasys has reaffirmed its guidance provided on May 16, 2023, when it reported its Q1 results, including its medium-term financial forecast.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 9:34 am

CM

Canadian Imperial Bank (NYSE:CM) reported Q2 adjusted earnings of $1.26 per share, beating the $1.21 estimate, but sales of $4.217 billion missed the $4.22 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 9:27 am

AMD

NVDA

AMD stock spiked in premarket trading on Thursday, following Nvidia's Q1 earnings and revenue beat, and strong guidance for Q2. Nvidia's robust demand for data center products, driven by generational AI products, is seen as a positive for AMD, which also has a presence in the segment.

Portfolio Pulse from Shanthi Rexaline

May 25, 2023 | 9:19 am

LIZI

Lizhi (NASDAQ:LIZI) reported Q1 adjusted earnings of $0.16 per ADS, a 100% increase YoY, and sales of $91.90M, a 12.75% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 9:06 am

WB

Weibo reported Q1 adjusted earnings of $0.47 per share, beating the $0.43 estimate by 9.3%, but a 16.07% decrease YoY. Sales were $413.80M, missing the $414.35M estimate by 0.13% and a 14.61% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 9:01 am

STG

Sunlands Technology (NYSE:STG) reported Q1 earnings of $3.79 per share, a 77.1% increase YoY, while sales decreased by 14.68% to $82.54 million.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:38 am

DAO

Youdao reported Q1 adjusted EPADS of $(0.23), missing the $(0.18) estimate, and sales of $169.38M, beating the $161.46M estimate. This represents a 155.56% decrease in losses and a 10.56% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:37 am

NTES

NetEase reported Q1 earnings of $1.69 per share, beating the analyst consensus estimate of $1.25 by 35.2%. Sales reached $3.65B, surpassing the $3.56B estimate.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:35 am

AEO

BBY

COST

DLTR

NVDA

Nvidia reported better-than-expected Q1 results and issued a strong sales forecast, while Dollar Tree, Best Buy, American Eagle Outfitters, and Costco are set to release their earnings. AEO slashed its full-year revenue outlook.

Portfolio Pulse from Lisa Levin

May 25, 2023 | 8:32 am