Streetbeat News

Earnings

ANSS

ANSYS shares are trading lower following the announcement of Q1 financial results that did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:23 pm

VMI

Valmont Industries (VMI) reported Q1 2024 earnings of $4.32 per share, surpassing the $3.25 estimate, a 24.5% increase from last year. However, sales of $977.828M fell short of the $986.982M estimate, marking a 7.93% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:23 pm

BZH

Beazer Homes USA (NYSE:BZH) reported Q2 2024 earnings of $1.26 per share, surpassing the $0.91 estimate, marking an 11.5% increase from last year. However, sales of $541.540M fell short of the $572.077M estimate, a slight 0.44% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:22 pm

TWI

Titan International projects its Q2 2024 revenue to be between $525M and $575M, which is below the estimated $622.173M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:22 pm

MPWR

Monolithic Power Systems' shares surged following the announcement of Q1 financial results that exceeded expectations, along with Q2 revenue guidance surpassing estimates.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:22 pm

CWAN

Clearwater Analytics has projected its FY24 revenue to be between $438M and $442M, surpassing the estimated $434.406M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:21 pm

CWAN

Clearwater Analytics projects its Q2 2024 revenue to be in the range of $105M-$106M, aligning closely with the analyst estimate of $105.652M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:21 pm

ACLS

Axcelis Technologies' shares dropped following the company's announcement of Q2 earnings per share (EPS) and revenue guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:20 pm

BFLY

Butterfly Network has updated its FY24 revenue forecast to $75M-$80M, indicating a 15-20% growth, higher than the previous low double-digit estimate. The company also improved its Adjusted EBITDA loss projection to $55M-$50M from the earlier $60M-$50M range.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:20 pm

OFLX

Omega Flex reported a decrease in Q1 earnings to $0.42 per share from $0.57 YoY and a sales decline to $25.22M from $29.99M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:20 pm