Streetbeat News

Earnings

IRBT

iRobot projects its FY24 adjusted EPS to be between $(3.73) and $(3.30), which is below the estimated $(2.49). The company also forecasts revenue to be in the range of $825M to $865M, slightly below the estimated $865.023M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:42 pm

ASUR

Asure Software (NASDAQ:ASUR) reported Q4 2023 GAAP EPS of $(0.14), missing the $(0.13) estimate, with sales of $26.26M also missing the $26.39M estimate, marking a 10.34% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:42 pm

DAWN

Day One Biopharmaceuticals (NASDAQ:DAWN) reported its 2023 financial results, highlighting a strong cash position of $366.3M, providing a runway into 2026. The company is preparing for the potential approval and launch of tovorafenib, with a PDUFA target date set for April 30, 2024. Significant progress was made in clinical trials, including the publication of Phase 2 FIREFLY-1 results in Nature Medicine and the ongoing Phase 3 FIREFLY-2/LOGGIC trial. R&D and G&A expenses increased due to expanded clinical activities and commercial preparedness efforts. The company also announced key leadership changes and board additions.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:42 pm

PUBM

PubMatic shares surged following the announcement of their Q4 financial results, which exceeded expectations. The company also provided optimistic future guidance, contributing to the positive market reaction.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:42 pm

PRIM

Primoris Services projects its 2024 adjusted EPS to be between $3.05 and $3.25, surpassing the estimated $2.93. The company also forecasts its 2024 earnings per share to be between $2.50 and $2.70, with adjusted EBITDA expected to range from $395 to $415 million.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:42 pm

U

Unity Software Inc (NYSE:U) reported Q4 earnings with a 35% year-over-year revenue increase to $609 million, surpassing estimates. However, it missed per-share loss estimates, reporting a 66 cents loss versus the expected 42 cents. The company announced a portfolio reset, including exiting certain businesses and focusing on strategic engagements. Unity forecasts Q1 strategic portfolio revenue between $415 million to $420 million and full-year 2024 revenue between $1.76 billion to $1.8 billion. Shares fell 15.9% after hours.

Portfolio Pulse from Adam Eckert

February 26, 2024 | 9:41 pm

PUBM

PubMatic announced its capital expenditure (CapEx) forecast for fiscal year 2024, estimating it to be between $16 million and $18 million.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:40 pm

PUBM

PubMatic forecasts its Q1 2024 revenue to be between $61M and $63M, surpassing the estimated $58.189M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:40 pm

HEI

Heico (NYSE:HEI) reported Q1 earnings with an EPS of $0.82, beating estimates by 11.0% against an expected $0.74. Revenue increased by $275.45 million from the same period last year. The company has a history of surpassing EPS estimates, as seen in previous quarters.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:40 pm

DORM

Dorman Products (NASDAQ:DORM) reported Q4 earnings with an EPS of $1.57, beating estimates by 11.0% but with a revenue decrease of $6.99 million from the previous year. Despite missing EPS estimates last quarter, the share price increased by 5.0% the following day.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:40 pm