Streetbeat News

Earnings

CRM

Salesforce projects its Q1 adjusted EPS to be between $2.37 and $2.39, surpassing the estimated $2.20. The company also forecasts total revenue to range from $9.12 billion to $9.17 billion, closely aligning with the $9.15 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:04 pm

DUOL

Duolingo (NASDAQ:DUOL) reported Q4 2023 earnings of $0.26 per share, surpassing the $0.15 estimate, with sales of $150.99M beating the $148.09M estimate, marking a 45.42% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:04 pm

CRM

Salesforce projects its FY25 revenue to be between $37.7 billion and $38.0 billion, which is below the estimated $38.62 billion.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:03 pm

MRAM

Everspin Technologies (NASDAQ:MRAM) reported Q4 2023 earnings of $0.09 per share, surpassing the $0.06 estimate, with sales of $16.70M exceeding the $15.90M forecast. This represents a 6.44% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:03 pm

PARA

Paramount Global (NASDAQ:PARA) reported Q4 2023 adjusted EPS of $0.04, surpassing the $(0.01) estimate, but its sales of $7.64B fell short of the $7.84B estimate, marking a 6.06% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:02 pm

OKTA

Okta reported Q4 2024 adjusted EPS of $0.63, surpassing the $0.51 estimate, with sales of $605M beating the $587.5M estimate, marking an 18.63% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:02 pm

CRM

Salesforce reported Q4 2024 adjusted EPS of $2.29, surpassing the $2.26 estimate, with sales of $9.29B exceeding the $9.22B estimate. This represents a 10.81% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:01 pm

CLSK

Analysts' ratings for Cleanspark (NASDAQ:CLSK) show a mix of bullish to bearish sentiments, with a recent shift towards more bullish ratings. The average 12-month price target for CLSK has been raised to $14.6, indicating a 16.8% increase from the previous target of $12.50. Cleanspark, a bitcoin mining company, has shown remarkable revenue growth of 170.26% as of December 31, 2023, and a net margin of 34.33%, outperforming industry averages. However, its Return on Equity (ROE) is below industry standards.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:01 pm

ESTA

Establishment Labs Holdings (ESTA) reported Q4 2023 GAAP EPS of $(0.79), surpassing the $(0.92) estimate. Sales reached $31.56M, slightly above the $31.45M forecast but marked a 27.97% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:01 pm

SAVA

Cassava Sciences (NASDAQ:SAVA) reported Q4 earnings, beating estimated earnings by 4.0% with an EPS of $-0.5 versus an estimate of $-0.52. However, revenue remained unchanged from the same period last year. In the previous quarter, the company also surpassed EPS estimates, which was followed by a 1.0% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:00 pm