Streetbeat News

Earnings

CVLT

Commvault Systems has raised its revenue guidance for Q3 and FY25, expecting Q3 revenue between $243M-$247M, surpassing the $220.78M estimate. FY25 revenue is projected at $952M-$957M, up from prior guidance of $915M-$925M. Subscription revenue and ARR are also expected to grow significantly.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:50 am

JBI

Janus International Group's shares fell after the company reported disappointing Q3 results and lowered its FY24 sales guidance.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:48 am

CROX

Crocs shares declined following the release of Q3 financial results and a reduction in revenue guidance for the HEYDUDE Brand.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:47 am

NARI

Inari Medical shares rose after the company reported strong Q3 sales and increased its FY24 revenue guidance. Piper Sandler maintained a Neutral rating but raised the price target from $50 to $52.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:47 am

CVLT

CommVault Systems reported better-than-expected Q2 2025 results with adjusted EPS of $0.83, surpassing the estimate of $0.76, and sales of $233.278 million, exceeding the expected $220.779 million.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:46 am

CCCS

CCC Intelligent Solutions Holdings reported its Q3 financial results, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:44 am

ATI

ATI has lowered its 2024 guidance, reducing its adjusted EPS forecast to $2.24-$2.30 from $2.40-$2.60 and adjusted EBITDA to $700M-$710M from $720M-$750M. Despite challenges, demand in end markets remains strong, and the company is focused on growth in aerospace and defense sectors.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:44 am

AMD

F

GOOGL

MCD

PFE

US stocks are expected to open weaker as investors focus on upcoming earnings from major companies like Alphabet, AMD, and Pfizer. Analysts suggest earnings may exceed Wall Street expectations. The tech sector, led by Tesla, continues to drive market gains. Ford and McDonald's face premarket declines due to guidance cuts and sales drops, respectively.

Portfolio Pulse from Rounak Jain

October 29, 2024 | 11:43 am

CVI

CVR Energy's shares declined following the release of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:40 am

THC

Tenet Healthcare shares rose following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:39 am