Streetbeat News

Earnings

FICO

Fair Isaac (FICO) reported Q2 2024 adjusted EPS of $6.14, surpassing the $5.81 estimate, with sales of $434M also beating the $425.775M estimate. This represents a 14.13% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:16 pm

DAIO

Data I/O reported Q1 2024 GAAP EPS of $(0.09), missing the $(0.01) estimate, with sales of $6.099M also missing the $6.718M estimate, marking a 15.65% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:16 pm

JNPR

Juniper Networks reported Q1 earnings of $0.29 per share, missing the $0.40 estimate, and sales of $1.15B, below the $1.24B estimate. This represents a significant decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:16 pm

COLM

Columbia Sportswear (NASDAQ:COLM) reported Q1 2024 earnings of $0.71 per share, surpassing the $0.35 estimate, with sales of $769.982M also beating the $740.023M estimate. Despite the beats, this represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:15 pm

MSFT

Microsoft Corp reported a 17% increase in Q3 revenue to $61.9 billion, surpassing estimates of $60.804 billion, with earnings of $2.94 per share beating the $2.82 forecast. This marks the fifth consecutive quarter Microsoft has exceeded analyst expectations. Revenue growth was seen across Productivity and Business Processes (12%), Intelligent Cloud (21%), and More Personal Computing (17%), highlighted by a 62% increase in Xbox content and services revenue. CEO Satya Nadella emphasized Microsoft's AI transformation through Copilot technologies. The company returned $8.4 billion to shareholders and did not provide future guidance in the earnings release. After hours, MSFT shares rose 6.01% to $421.96.

Portfolio Pulse from Adam Eckert

April 25, 2024 | 8:15 pm

KLAC

KLA Corporation (KLAC) reported Q3 2024 adjusted earnings of $6.16 per share, surpassing the consensus estimate of $5.01 by 22.95%. Quarterly sales reached $2.359 billion, exceeding expectations by 2.05% but marking a 3.04% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:15 pm

AMBO

Ambow Education Holding (AMBO) reported a Q4 EPS of $0.02, up from a loss of $(0.02) YoY, with sales decreasing 28.19% to $2.35M from $3.27M YoY.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:15 pm

SNAP

Snap Inc. shares surged following the announcement of its Q1 financial results, which exceeded expectations. The company also provided Q2 revenue guidance that surpassed estimates and reported a year-over-year growth in daily active users for Q1.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:13 pm

OLN

Olin Corporation (NYSE:OLN) reported Q1 2024 earnings of $0.40 per share, surpassing the consensus estimate of $0.37 by 8.11%. However, its quarterly sales of $1.635 billion fell short of the expected $1.650 billion, marking an 11.33% decrease from the previous year's $1.844 billion.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:13 pm

LHX

L3Harris Technologies has revised its FY24 adjusted EPS forecast to $12.40-$12.80, down from the previous range of $12.70-$13.05 and below the analyst estimate of $14.08.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:13 pm