Streetbeat News

Earnings

SNOW

Snowflake's stock is trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:17 pm

PSTG

Pure Storage anticipates Q1 revenue of $680M, surpassing estimates of $667.299M, and forecasts FY25 revenue of $3.1B, slightly below the expected $3.14B.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:17 pm

MGNI

Magnite (NASDAQ:MGNI) reported Q4 2023 adjusted EPS of $0.29, surpassing the $0.27 estimate, with sales of $186.93M exceeding the $160.32M forecast. This represents a 6.58% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:16 pm

ARC

ARC Document Solutions reported Q4 2023 adjusted EPS of $0.05, missing the $0.06 estimate, but sales of $68.88M exceeded the $67.63M estimate, marking a slight increase over the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:16 pm

SILK

Silk Road Medical (NASDAQ:SILK) reported Q4 2023 earnings with a GAAP EPS of $(0.33), surpassing the $(0.42) estimate, and sales of $47.27M, exceeding the $41.97M estimate. This represents a 17.97% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:16 pm

HPQ

HP (NYSE:HPQ) reported Q1 earnings per share of $0.81, meeting analyst estimates, but missed revenue expectations with $13.19B against a forecast of $13.51B. This represents an 8% increase in EPS from last year but a 4.65% decrease in sales.

Portfolio Pulse from Happy Mohamed

February 28, 2024 | 9:15 pm

SDGR

Schrodinger anticipates its Q1 2024 software revenue to be between $33M and $35M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:15 pm

DH

Definitive Healthcare (NASDAQ:DH) reported Q4 earnings with an EPS of $0.07, missing estimates by -12.0% but showing a revenue increase of $5.33 million year-over-year. Despite this miss, past performance indicates a potential for share price recovery, as seen in the previous quarter when the company beat EPS estimates and the share price increased by 20.0% the following day.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:15 pm

EVTC

Evertec (NYSE:EVTC) reported Q4 earnings with an EPS of $0.62, missing estimates by -3.0% against an expected $0.64. Revenue increased by $32.83 million from the same period last year. Despite beating EPS estimates in Q3 2023, the share price dropped by 4.0% the following day. The company's past earnings performance shows a pattern of fluctuating EPS and revenue figures.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:15 pm

SDGR

Schrodinger anticipates its software revenue to grow between 6% and 13% in FY24, indicating a positive outlook for the company's software segment.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:15 pm