Streetbeat News

Earnings

AACG

ATA Creativity Global (NASDAQ:AACG) reported a significant increase in Q4 earnings per share, rising 300% to $0.04 from $0.01 YoY. Sales also saw a modest increase of 3.63% to $11.80M from $11.39M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:18 pm

NCNO

nCino has provided its financial outlook for FY25, expecting total revenues to range between $538.5M and $544.5M, slightly below the estimated $545.725M. However, the company anticipates its adjusted EPS to be between $0.60 and $0.64, surpassing the estimated $0.56.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:16 pm

WYY

WidePoint Corporation reported its Q4 2024 earnings with an EPS of $(0.15), an improvement from $(1.02) year-over-year. Revenue for the quarter was $28.3 million, up from $23.3 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:16 pm

KRRO

Korro reported its FY23 financial results, showing an EPS of $(53.08) compared to $(227.42) YoY. The company's cash position improved significantly to $166.1 million, up from $55.2 million. R&D expenses increased to $57.2 million, primarily due to the KRRO-110 AATD program. G&A expenses also rose to $27.3 million, attributed to merger-related costs and expansion. Despite these increases, Korro's net loss widened to $81.2 million from $58.0 million.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:16 pm

TEAM

Financial analysis reveals a bearish sentiment among traders towards Atlassian (NASDAQ:TEAM), with 66% of the unusual options trades being puts. The options activity suggests expectations for TEAM's price to fluctuate between $180.0 and $260.0. The analysis of volume and open interest in these options indicates significant attention from big players. Atlassian, known for its team collaboration software, is currently experiencing a slight decrease in stock price, with an upcoming earnings announcement in 37 days.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:15 pm

VLD

Velo3D (NYSE:VLD) reported Q4 earnings with an EPS of $-0.29, missing estimates by -262.0% against an expected $-0.08. Revenue decreased to $27.97 million from the same period last year. This follows a pattern of missed EPS estimates in previous quarters, with the share price showing minimal reaction after last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:15 pm

NCNO

nCino has provided its Q1 revenue and adjusted EPS forecasts, expecting revenues of $126M-$127M, slightly below the estimated $128.848M, but anticipates adjusted EPS of $0.13-$0.14, above the estimated $0.12.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:15 pm

VLD

Velo3D (NYSE:VLD) reported Q4 earnings with a significant miss on both EPS and sales estimates. The EPS was $(0.29), missing the $(0.08) estimate by 262.5%, and sales were $1.81M, missing the $19.50M estimate by 90.74%. This represents a substantial decrease from the same period last year.

Portfolio Pulse from dijoy@benzinga.com

March 26, 2024 | 8:14 pm

OXBR

Oxbridge Re Holdings (NASDAQ:OXBR) reported a significant decrease in its Q4 earnings per share (EPS) to $(0.46) from $0.12 YoY, and a decrease in sales to $(1.91M) from $1.04M YoY, indicating a substantial decline in financial performance.

Portfolio Pulse from Happy Mohamed

March 26, 2024 | 8:13 pm

GME

GameStop shares are trading lower due to worse-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:13 pm