Streetbeat News

Earnings

KOSS

Koss Corporation reported a Q4 EPS of $(0.01), an improvement from $(0.03) year-over-year, while sales decreased to $2.89 million from $3.07 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 9:17 pm

ADSK

Autodesk Inc (NASDAQ:ADSK) reported strong Q2 earnings, surpassing revenue and EPS estimates. The company showed a 12% year-over-year revenue increase and provided optimistic guidance for Q3 and the full year. Shares rose 5.86% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 29, 2024 | 9:05 pm

MDB

MongoDB, Inc. (NASDAQ:MDB) shares surged after reporting strong Q2 results, with earnings and revenue surpassing analyst expectations. The company also provided an upbeat guidance for Q3 and the fiscal year, indicating continued growth and market share capture.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 8:58 pm

OTGLY

CD Projekt ADR (OTC:OTGLY) reported a 90% surge in profits for the first half of 2024, driven by strong sales of Cyberpunk 2077 and The Witcher 3. The company saw a 30.7% increase in sales, reaching $109 million, and net profits rose to $43 million. CD Projekt is also investing in new projects, including the next Witcher and Cyberpunk installments.

Portfolio Pulse from Franca Quarneti

August 29, 2024 | 8:54 pm

MRVL

Marvell Technology reported Q2 earnings in line with expectations and sales slightly above estimates. The company anticipates strong growth in Q3, driven by demand in AI and networking markets, forecasting a 14% sequential revenue increase. Shares rose 6.77% after-hours.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 8:47 pm

LULU

Lululemon Athletica Inc reported Q2 earnings with a revenue miss but an EPS beat. Revenue grew 7% YoY, with strong international performance. The company provided soft guidance for Q3 and full-year 2024, leading to a sell-off in shares.

Portfolio Pulse from Adam Eckert

August 29, 2024 | 8:45 pm

ULTA

Ulta Beauty Inc. (NASDAQ:ULTA) reported disappointing Q2 results, missing earnings and sales estimates. The company also lowered its full-year guidance, leading to a 6.96% drop in after-hours trading.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 8:38 pm

BNRG

Brenmiller shares rose following a year-over-year increase in H1 EPS results and the announcement of a projected pipeline valued up to $500 million.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:35 pm

DELL

Dell Technologies Inc reported strong Q2 earnings, with revenue and EPS beating estimates. The company saw significant growth in its Infrastructure Solutions Group and increased AI momentum. Dell returned $1 billion to shareholders and ended the quarter with $6 billion in cash.

Portfolio Pulse from Adam Eckert

August 29, 2024 | 8:30 pm

DOMO

Domo has revised its fiscal year 2025 revenue outlook from $315M-$323M to $313M-$315M, slightly above the estimated $311.99M. The company also adjusted its adjusted EPS forecast from $(0.36)-$(0.46) to $(0.69)-$(0.77), which is better than the estimated $(0.89).

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:25 pm