Streetbeat News

Earnings

TNDM

Tandem Diabetes Care (NASDAQ:TNDM) reported Q4 earnings with an EPS of $-0.27, missing estimates by 8.0% and a revenue decrease of $23.71 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, with a notable 14.37% share price drop after last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:10 pm

TNDM

Tandem Diabetes Care (TNDM) reported Q4 2023 GAAP EPS of $(0.46), missing the $(0.27) estimate, with sales of $196.80M also missing the $202.76M estimate. This represents a 10.75% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:09 pm

LCID

Lucid Group reported Q4 2023 GAAP EPS of $(0.29), surpassing the $(0.32) estimate, but its sales of $157.20M fell short of the $179.88M estimate, marking a 39.00% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:09 pm

MGRC

McGrath RentCorp (NASDAQ:MGRC) reported Q4 2023 earnings of $1.30 per share, surpassing the $1.21 estimate, a 7.44% beat. Sales reached $221.59M, exceeding the $214.42M estimate by 3.34%. Compared to last year, earnings decreased by 9.09%, while sales increased by 5.08%.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:09 pm

EXAS

Exact Sciences projects its 2024 revenue to be between $2.81 billion and $2.85 billion, closely aligning with the estimated $2.83 billion. This forecast includes screening revenue of $2.155-$2.175 billion and precision oncology revenue of $655-$675 million.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:09 pm

NOVA

Sunnova Energy Intl (NOVA) reported a significant miss in Q4 earnings and sales against analyst estimates. EPS was $(1.53), missing the $(0.18) estimate by 750%, and sales were $194.18M, missing the $223.38M estimate by 13.07%. Year-over-year, this represents a slight decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:09 pm

UCTT

Ultra Clean Holdings (UCTT) reported Q4 2023 adjusted EPS of $0.19, surpassing the $0.12 estimate, but its sales of $444.80M slightly missed the $444.84M estimate, marking a 21.47% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:08 pm

SNPS

Synopsys projects its FY24 adjusted EPS to be between $13.47 and $13.55, slightly above the estimated $13.42. The company also forecasts revenue to range from $6.57 billion to $6.63 billion, closely aligning with the estimated $6.62 billion.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:08 pm

ETSY

Etsy reported Q4 2023 earnings of $0.62 per share, missing the $0.78 estimate, but sales of $842.30M exceeded the $827.81M estimate, marking a 4.34% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:08 pm

SNPS

Synopsys projects its Q2 adjusted EPS to be between $3.09 and $3.14, surpassing the estimated $3.01. Revenue is expected to be between $1.56B and $1.59B, also exceeding the $1.55B estimate.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:07 pm