Streetbeat News

Earnings

JOBY

Joby Aviation (NYSE:JOBY) reported Q4 2023 earnings with a GAAP EPS of $(0.17), surpassing the $(0.19) estimate. However, their sales of $1.03M fell short of the $1.05M estimate.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:13 pm

ACVA

ACV Auctions (NASDAQ:ACVA) reported Q4 2023 earnings with a GAAP EPS of $(0.14), surpassing the $(0.15) estimate. Sales reached $118.38M, slightly above the $118.26M estimate, marking a 20.83% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:13 pm

ETSY

Etsy forecasts a decline in Q1 2024 GMS in the low-single-digit range year-over-year, attributing it to a slow start. The company expects improvement through the quarter with planned product and marketing investments. A failure to improve trends could lead to a mid-single-digit decline. Etsy estimates a Q1 2024 take rate of 21-21.5% and an adjusted EBITDA margin of ~26%.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:13 pm

BNL

Broadstone Net Lease (BNL) projects its 2024 AFFO to be $1.41 per diluted share, based on investments in real estate properties between $350 million and $700 million, dispositions between $300 million and $500 million, and total cash general and administrative expenses between $32 million and $34 million. The company highlights that its per-share results are sensitive to the timing and amount of real estate investments, dispositions, and capital markets activities. BNL does not provide GAAP net income guidance due to the unpredictability of certain items.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:12 pm

DOCN

DigitalOcean Holdings (DOCN) reported Q4 2023 earnings of $0.44 per share, surpassing the $0.37 estimate, with sales of $180.87M also beating the $177.71M estimate. This represents a 10.97% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:12 pm

WEAV

Weave Communications (NYSE:WEAV) reported Q4 2023 adjusted EPS of $(0.01), surpassing the $(0.03) estimate, with sales of $45.69M exceeding the $44.20M forecast. This represents a 21.25% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:12 pm

TNDM

Tandem Diabetes Care projects its Q1 2024 revenue to be $175 million, which is below the estimated $186.086 million.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:12 pm

TNDM

Tandem Diabetes Care has projected its FY24 revenue to be $850 million, surpassing the estimated $842.487 million. This forecast suggests a positive outlook for the company's financial performance in the upcoming fiscal year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:11 pm

BNL

Broadstone Net Lease (BNL) reported Q4 earnings per share of $0.36, unchanged YoY, with sales of $105.00M missing the $110.23M estimate, a 6.36% decrease from last year's $112.14M.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 9:11 pm

NOVA

Sunnova Energy International Inc. has initiated its cash generation guidance for 2025, projecting it to be between $200 million and $500 million. Additionally, the company has reaffirmed its forecast for customer additions in 2024, expecting to add between 185,000 and 195,000 customers.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:11 pm