Streetbeat News

Earnings

BASE

Couchbase has provided its financial outlook for Q2 FY2025 and the full fiscal year 2025. The company expects Q2 revenue between $50.6M and $51.4M, slightly below the $50.71M estimate. For FY2025, revenue is projected to be between $204.5M and $208.5M, compared to the $206M estimate. The company also provided guidance on total ARR and non-GAAP operating loss.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:18 pm

IWM

NVDA

QQQ

SMH

SPY

The S&P 500 and Nasdaq 100 indices hit all-time highs, driven by investor confidence in AI-driven growth. Nvidia surpassed Apple to become the second most valuable U.S. company. The SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust (QQQ) closed at record highs. The VanEck Semiconductor ETF (SMH) saw significant gains, and small caps rallied with the iShares Russell 2000 ETF (IWM) up 1.5%.

Portfolio Pulse from Piero Cingari

June 05, 2024 | 8:18 pm

SMAR

Smartsheet has provided its financial outlook for FY25, projecting adjusted EPS between $1.22 and $1.29, surpassing the estimated $1.11. The company also expects revenue to be in the range of $1.116 billion to $1.121 billion, aligning with the estimated $1.116 billion.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:16 pm

SMAR

Smartsheet has released its Q2 2025 financial guidance, projecting adjusted EPS of $0.28-$0.29, which is above the estimated $0.25. The company also expects revenue to be between $273 million and $275 million, compared to the estimated $274.410 million.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:16 pm

COST

Costco Wholesale reported net sales of $19.64 billion for May, marking an 8.1% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:16 pm

CXM

Sprinklr has revised its FY25 total revenue outlook downwards from $804.5M - $805.5M to $779M - $781M, which is below the estimated $805.088M. However, the company has raised its adjusted EPS forecast from $0.38 - $0.39 to $0.40 - $0.41, surpassing the estimated $0.38.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:16 pm

CHPT

ChargePoint has provided its Q2 revenue guidance, estimating between $108 million and $118 million, which is below the analyst consensus estimate of $121.35 million.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:12 pm

SMAR

Smartsheet shares are trading higher following the release of better-than-expected Q1 financial results and the announcement of a $150 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:12 pm

CXM

Sprinklr has announced its Q2 revenue expectations to be between $194M and $195M, which is below the estimated $196.804M. The company also expects an adjusted EPS of $0.06 to $0.07, which is lower than the estimated $0.09.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:12 pm

FIVE

Five Below (NASDAQ:FIVE) reported Q1 earnings of $0.60 per share, missing the analyst estimate of $0.64. Sales were $811.86M, below the $836.97M estimate. Earnings decreased by 10.45% YoY, while sales increased by 11.79% YoY.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:11 pm