Streetbeat News

Earnings

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

MUSA

Murphy USA reported Q1 2024 earnings of $3.12 per share, missing the $4.50 estimate, and sales of $4.844B, missing the $4.888B estimate. This represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:19 pm

PRDO

Perdoceo Education (NASDAQ:PRDO) reported Q1 2024 adjusted EPS of $0.60, surpassing the $0.53 estimate, with sales of $168.264M also beating the $163.324M estimate. This represents a 3.45% increase in EPS and a 13.97% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:19 pm

CAR

Avis Budget Group's shares increased following the announcement of mixed Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:19 pm

DLX

Deluxe forecasts its FY24 adjusted EPS to be between $3.10 and $3.40, compared to the estimated $3.19. The company also projects its revenue to range from $2.14 billion to $2.18 billion, against an estimate of $2.156 billion.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:19 pm