Streetbeat News

Earnings

HIMS

Hims & Hers Health's shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:25 pm

AIN

Albany International projects its FY24 earnings per share (EPS) to be between $3.55 and $4.05, compared to the estimated $4.04. The company also forecasts revenue to range from $1.26 billion to $1.33 billion, against an estimate of $1.287 billion.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:24 pm

SIBN

SI-BONE (NASDAQ:SIBN) reported Q4 2023 earnings with a GAAP EPS of $(0.27), missing the $(0.26) estimate by 3.85%. However, their sales of $38.86M exceeded the $37.61M estimate by 3.31%, marking a 21.61% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:24 pm

TMDX

TransMedics shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided strong future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:24 pm

AIN

Albany Intl (AIN) reported Q4 2023 adjusted EPS of $1.22, surpassing the $0.82 estimate, with sales of $323.60M also beating the $298.26M estimate. This represents a 20.39% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:23 pm

PWSC

PowerSchool anticipates Q1 total revenue to be between $183M-$186M, slightly below the estimated $185.18M. For FY24, the company projects revenue to be in the range of $786M-$792M, closely aligning with the estimated $788.82M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:23 pm

TREX

Trex shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:22 pm

SKYT

SkyWater Technology (NASDAQ:SKYT) reported Q4 2023 adjusted EPS of $(0.02), surpassing the $(0.12) estimate, with sales of $79.15M exceeding the $74.84M forecast. This represents a 21.61% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:22 pm

ZM

Zoom Video Communications Inc (NASDAQ:ZM) reported Q4 earnings with a revenue increase of 2.6% year-over-year to $1.15 billion, surpassing the consensus estimate of $1.13 billion. Earnings per share were $1.42, beating estimates of $1.15. The company saw a 4.9% increase in enterprise revenue, while online revenue slightly declined by 0.5%. Zoom ended the quarter with 220,400 enterprise customers, a 3.5% increase from the previous year, and introduced Zoom AI Companion, a generative AI digital assistant. The company provided a mixed outlook for the next quarter and full year, slightly below some estimates, but announced a $1.5 billion stock repurchase program. After the announcement, Zoom shares surged 12.8% in after-hours trading.

Portfolio Pulse from Adam Eckert

February 26, 2024 | 9:22 pm

HLIO

Helios Technologies reported Q4 2023 adjusted EPS of $0.38, surpassing the $0.27 estimate, with sales of $193.40M also beating the $183.35M estimate. However, this represents a 1.33% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:21 pm