Streetbeat News

Earnings

NDSN

Nordson reported Q2 adjusted EPS of $2.26, beating estimates of $2.11, and sales of $650M, surpassing the $638.73M estimate. However, EPS decreased by 7% YoY, while sales increased by 2.3% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 8:30 pm

ZM

Zoom Video Communications (NASDAQ:ZM) reported Q1 total revenue of $1.11 billion, up 3% YoY, beating the Street estimate of $1.08 billion. EPS was $1.16, surpassing the consensus estimate of 99 cents. Enterprise revenue increased 13% YoY to $632 million, while online revenue declined 8% YoY to $473.4 million. The company raised its guidance for Q2 and the full fiscal year.

Portfolio Pulse from Chris Katje

May 22, 2023 | 8:26 pm

PETS

PetMed Express reported Q4 earnings with an EPS of $-0.25, missing estimates by 278.57%. Revenue was down $3.60 million from the same period last year.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 8:25 pm

HEI

Heico (NYSE:HEI) reported Q2 earnings with an EPS of $0.76, beating estimates by 4.11%. Revenue was up $149.03 million YoY. Last quarter, the company beat EPS estimates by $0.01, followed by a 5.21% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 8:21 pm

HEI

Heico reported Q2 earnings of $0.76 per share, beating the analyst consensus estimate of $0.73 by 4.11%. Sales reached $687.84M, surpassing the estimate of $676.94M by 1.61%. Both earnings and sales increased significantly compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 8:20 pm

RBT

Rubicon Technologies (NYSE:RBT) reported Q1 losses of $(0.05) per share, beating the $(0.30) estimate by 83.33%. Sales reached $181.10M, surpassing the $165.19M estimate by 9.63%.

Portfolio Pulse from Happy Mohamed

May 22, 2023 | 8:17 pm

BMTX

BM Technologies reported Q1 losses of $(0.43) per share, beating the $(0.50) estimate by 14%. However, sales of $13.48M missed the $14.87M estimate by 9.32%, a 46.17% decrease YoY.

Portfolio Pulse from Happy Mohamed

May 22, 2023 | 8:17 pm

BABA

BIDU

BILI

JD

Alibaba's stock gained on Monday as China kept its benchmark lending rate unchanged at 3.5%. The company reported better-than-expected Q4 FY22 revenue and earnings, easing investor concerns over China's post-Covid recovery. Other Chinese tech stocks like Baidu, JD.com, and Bilibili also gained.

Portfolio Pulse from Anusuya Lahiri

May 22, 2023 | 8:15 pm

DERM

Journey Medical (NASDAQ:DERM) reported Q1 earnings with an EPS of $-0.3, beating estimates by 33.33%. However, revenue was down $11.08 million compared to the same period last year.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 8:15 pm

ALTI

AlTi Global reported Q1 earnings per share (EPS) of $(1.19) and total income of $58.047 million.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 8:15 pm