Streetbeat News

Earnings

NICE

NICE Systems Ltd. reported Q3 adjusted EPS of $2.27, surpassing the $2.15 estimate, and sales of $601.34M, exceeding the $595.19M estimate. This reflects an 18.23% increase in EPS and an 8.40% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:33 am

MSFT

NVDA

Nvidia Corp (NVDA) is capitalizing on the artificial intelligence boom, with CEO Jensen Huang highlighting generative AI's significance at Microsoft Corp's (MSFT) Ignite event. Nvidia reported a $6 billion profit earlier this year due to the AI surge. The company is upgrading its H200 GPU and preparing new chip models H20, L20, and L2 for clients in China, aiming to comply with U.S. sanctions. Despite these developments, NVDA shares dropped by 0.77% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 16, 2023 | 10:32 am

DAO

Youdao (NYSE:DAO) reported Q3 earnings with an EPS of $-0.08, missing estimates by 14.29% compared to the expected $-0.07. However, revenue increased by $13.76 million from the same period last year. In the previous quarter, Youdao beat EPS estimates which resulted in a 0.54% share price increase the following day.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 10:15 am

AMAT

BABA

M

WMT

A list of companies is scheduled to report their earnings on November 16, 2023, before and after the bell. The report includes projections of earnings per share and revenue for each company. Notable companies among them include Walmart, Alibaba Group Holding, Macy's, and Applied Materials.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 10:15 am

ALLT

Allot Communications Ltd. expects Q4 revenues to be between $20M-$25M, which is below the consensus estimate of $28.12M. The company also anticipates an adjusted operating loss of $4M to $6M for the same period.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:08 am

ATAT

Atour Lifestyle Holdings (NASDAQ:ATAT) reported Q3 earnings of $0.27 per share and sales of $177.37 million.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:05 am

ALLT

Allot (NASDAQ:ALLT) reported Q3 adjusted EPS of $(0.28), missing the $(0.27) estimate, and sales of $22.64M, falling short of the $23.13M estimate. Sales decreased by 9.60% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:04 am

AMAT

BABA

TGT

TJX

WMT

Market sentiment improved as the Fear and Greed index moved to 'Neutral'. U.S. stocks rose after the PPI data indicated a decline, contrary to expectations. TJX shares fell after a weak Q4 profit forecast, while Target's shares surged post strong Q3 results. S&P 500 sectors mostly gained, except energy and utilities. Investors look forward to earnings from AMAT, WMT, and BABA.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 9:59 am

PLTK

Wooga, a studio owned by Playtika (PLTK), announced that its popular game, June's Journey, has reached a lifetime gross revenue of $1 billion. This milestone underscores the game's success and Playtika's strength in the mobile gaming market.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 9:06 am

DDL

Dingdong (Cayman) (NYSE:DDL) reported a positive Q3 adjusted EPS of $0.01, a significant improvement from a loss of $(0.12) per share in the same quarter last year. However, sales declined by 15.67% to $704.45M from $835.39M in the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 9:04 am