Streetbeat News

Earnings

MSFT

SONY

Sony predicts that PlayStation 5 (PS5) sales will surpass PS4 sales in 2023, despite component shortages. The company also reports strong sales for its PSVR 2 virtual reality headset. Sony CEO Jim Ryan hints at aggressive plans for cloud gaming, which may include streaming games directly to mobile devices.

Portfolio Pulse from Franca Quarneti

May 24, 2023 | 8:12 pm

STEP

StepStone Group reported Q4 earnings of $0.27 per share, missing the analyst consensus estimate of $0.28 by 3.57%. Sales were $172.37M, beating the estimate of $145.36M by 18.58%. This represents a 28.95% decrease in earnings and a 52.73% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:11 pm

RRGB

Red Robin Gourmet Burgers reported Q1 earnings of $0.25 per share, beating the analyst consensus estimate of $(0.57) by 143.86%. Quarterly sales were $417.97 million, surpassing the estimate of $405.58 million by 3.05%.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:10 pm

ELF

e.l.f. Beauty forecasts FY24 net sales of $705M-$720M, surpassing the consensus estimate of $637.73M, and adjusted EPS of $1.73-$1.76, higher than the consensus of $1.64.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:10 pm

RAMP

LiveRamp Holdings reported Q4 earnings of $0.32 per share, beating the analyst consensus estimate of $0.18 by 77.78%. However, quarterly sales of $148.63M missed the estimate of $149.40M by 0.52%.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 8:09 pm

APPS

Digital Turbine expects Q1 adjusted EPS of $0.11-$0.13, lower than the estimated $0.22, and revenue of $140M-$145M, below the $148.53M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:09 pm

SPLK

Splunk raises its Q2 and FY24 revenue guidance, expecting Q2 revenue between $880M-$895M and FY24 revenue above the top end estimate of $3.9B. The company also increases its non-GAAP operating margin and free cash flow projections for FY24.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 8:09 pm

APPS

Digital Turbine (NASDAQ:APPS) reported Q4 adjusted EPS of $0.14, missing the $0.18 estimate, and sales of $140.10M, beating the $138.66M estimate. This represents a 64.1% decrease in earnings and a 23.91% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:08 pm

ELF

e.l.f. Beauty reported Q4 adjusted earnings of $0.42 per share, beating the analyst consensus estimate of $0.20 by 110%. Sales reached $187.36 million, surpassing the estimate of $156.12 million by 20.01%.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:07 pm

SNOW

Snowflake reported Q1 sales of $623.60 million, beating the analyst consensus estimate of $608.36 million by 2.51% and marking a 47.64% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:07 pm