Streetbeat News

Earnings

YEXT

Yext has released its Q2 FY25 financial guidance, projecting adjusted EPS of $0.02-$0.03, which is below the estimated $0.09. The company also expects revenue to be between $98M and $98.4M, slightly below the estimated $98.423M.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:12 pm

SKIL

Skillsoft has reaffirmed its financial outlook for FY25, projecting GAAP revenue between $530 million and $550 million, aligning closely with the estimated $543.61 million.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:11 pm

CVGW

Calavo Growers (NASDAQ:CVGW) reported Q2 earnings of $0.34 per share, missing the analyst consensus estimate of $0.38 by 10.53%. This represents a significant improvement from a loss of $(0.01) per share in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:10 pm

SKIL

Skillsoft (NYSE:SKIL) reported Q1 2025 adjusted EPS of $(3.37), beating the $(3.63) estimate, but missed sales estimates with $127.793M against $133.376M. EPS improved by 8.42% YoY, while sales decreased by 5.73% YoY.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:09 pm

YEXT

Yext (NYSE:YEXT) reported Q1 2025 adjusted EPS of $0.05, missing the $0.06 estimate. Sales were $96.000M, slightly below the $96.325M estimate and down 3.47% from last year.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:09 pm

HIVE

HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares are trading higher after the company announced its Bitcoin production numbers for May. HIVE mined 119 Bitcoin in May, increasing its total holdings to 2,451. The company also provided an operational update, including the installation of new mining equipment and the upcoming acquisition of more efficient machines.

Portfolio Pulse from Adam Eckert

June 10, 2024 | 7:53 pm

AVGO

META

Broadcom Inc. (NASDAQ:AVGO) shares are trading higher after Morgan Stanley reinstated coverage with an Overweight rating and a price target of $1,658. Analysts expect strong performance in the upcoming fiscal second-quarter earnings report, with estimated EPS of $10.80 and revenue of $12.03 billion. BofA Securities also maintained a Buy rating and a price target of $1,680, driven by strength in AI. Broadcom's AI revenue forecast is over $10 billion, with potential for an additional $1 billion upside.

Portfolio Pulse from Vaishali Prayag

June 10, 2024 | 7:37 pm

NVDA

SPY

Economist Harry Dent warns of an impending 'crash of a lifetime,' predicting the S&P 500 to plummet by 86% and the Nasdaq by 92%. He highlights the prolonged 14-year bubble, driven by artificial economic stimulus, and forecasts significant declines for top-performing companies like Nvidia. Dent also predicts a severe drop in real estate prices, advising investors to seek refuge in safe bonds.

Portfolio Pulse from Piero Cingari

June 10, 2024 | 7:07 pm

CELH

Celsius Holdings, Inc. (NASDAQ:CELH) shares are experiencing high trading volumes, driven by social media trends and upcoming events. The company announced participation in the 4th Annual Evercore ISI Consumer and Retail Conference and is preparing for its third-quarter earnings report. Analysts have recently updated their price targets for CELH.

Portfolio Pulse from Vaishali Prayag

June 10, 2024 | 6:50 pm

DSY

KWE

SKYE

Shares of Skye Bioscience, Inc. (NASDAQ:SKYE) fell sharply by 19% after the company announced the discontinuation of its SBI-100 Ophthalmic Emulsion Phase 2a trial. Other notable movers include Big Tree Cloud Holdings Limited (NASDAQ:DSY) which jumped 123% following a business combination, and KWESST Micro Systems Inc. (NASDAQ:KWE) which gained 79.8% after being awarded a significant sub-contract. Several other stocks experienced significant gains or losses during Monday's mid-day session.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 6:10 pm