Streetbeat News

Earnings

GWRE

Guidewire Software (NYSE:GWRE) reported Q2 earnings, beating estimates with an EPS of $0.46 against the expected $0.23, and revenue increased by $8.29 million year-over-year. Despite beating last quarter's EPS estimate, the share price dropped by 1.0% the following day. The company has shown varied performance in past quarters, with both earnings and revenue fluctuating.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:20 pm

PROF

Profound Medical (NASDAQ:PROF) reported Q4 earnings with an EPS of $-0.42, missing estimates by -31.0%. Revenue increased by $700 thousand year-over-year. Despite missing this quarter's estimates, past performance shows a positive trend in share price following earnings reports.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:20 pm

PROF

Profound Medical (NASDAQ:PROF) reported Q4 2023 earnings with a GAAP EPS of $(0.420), missing the $(0.330) estimate, but sales of $2.000M exceeded the $1.977M estimate, marking a 53.85% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:19 pm

GWRE

Guidewire Software (NYSE:GWRE) reported Q2 2024 adjusted EPS of $0.460, surpassing the $0.230 estimate, marking a 319.05% increase from the previous year. However, sales of $240.897M slightly missed the $240.913M estimate, though they represent a 3.56% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:19 pm

DOCU

DocuSign shares surged following the announcement of their Q4 financial results, which exceeded expectations. The company also provided optimistic guidance for Q1 and the full fiscal year 2025, surpassing analysts' estimates.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:17 pm

AVGO

Broadcom announced its fiscal 2024 annual revenue guidance of approximately $50 billion, which includes contributions from VMware. This represents a 40% increase from the prior year period.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:17 pm

GPS

Gap Inc. (GPS) reported Q4 sales of $4.30 billion, surpassing the analyst consensus estimate of $4.22 billion by 1.85% and marking a 1.30% increase from the previous year's sales of $4.24 billion.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:16 pm

AVGO

Broadcom (NASDAQ:AVGO) reported Q1 earnings of $10.99 per share, surpassing the $10.29 estimate, and sales of $11.96B, exceeding the $11.71B estimate. This represents a 6.39% increase in earnings and a 34.16% increase in sales from the same period last year.

Portfolio Pulse from Happy Mohamed

March 07, 2024 | 9:16 pm

COST

Costco Wholesale (NASDAQ:COST) reported Q2 earnings of $3.920 per share, beating estimates by 8.59%, but missed revenue estimates with $58.442B against the expected $59.156B, marking a 5.75% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:16 pm

MRVL

Marvell Technology's shares dropped following its Q4 financial results announcement and weaker than expected Q1 guidance. Additionally, the company has authorized a $3 billion stock buyback program.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:16 pm