Streetbeat News

Earnings

ZUMZ

Zumiez has projected its FY23 net sales to be between $211M and $216M, which is lower than the estimated $217.83M. The company also expects its EPS to be between $(0.25) and $(0.15), compared to the estimated $0.21.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:40 pm

SMAR

Smartsheet reported a Q2 earnings beat and issued strong guidance, leading to a rise in its share price.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:38 pm

DOCU

DocuSign reported a Q2 earnings beat and issued strong guidance, leading to a rise in its share price. The company's board also authorized a $300 million increase to its repurchase program.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:36 pm

BRZE

Braze Inc. has released its Q3 and FY24 earnings per share (EPS) and revenue estimates. The company expects Q3 EPS to be between $(0.13) and $(0.14), better than the estimated $(0.15). Q3 revenue is projected to be between $116.5M and $117.5M, surpassing the $114.31M estimate. For FY24, Braze anticipates EPS to be between $(0.37) and $(0.39), better than the $(0.51) estimate, and revenue to be between $451.5M and $454.5M, higher than the $445.13M estimate.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:27 pm

BRZE

Braze (NASDAQ:BRZE) reported Q2 earnings per share (EPS) of $(0.04), beating the analyst consensus estimate of $(0.14) by 71.43%. This is a 75% increase over losses from the same period last year. The company also reported quarterly sales of $115.11 million, beating the analyst consensus estimate of $108.63 million by 5.96%. This is a 33.64% increase over sales from the same period last year.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:24 pm

TREX

Trex Company has announced its 5-year net sales, EBITDA, and EBITDA margin targets. The company expects FY28 net sales to be between $1.8B-$1.9B, with EBITDA doubling to over $600 million and EBITDA margin improving by 500 bps to approximately 34%.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 8:24 pm

BBCP

Concrete Pumping Holdings has updated its fiscal year 2023 outlook, now expecting revenue of approximately $440.0 million, Adjusted EBITDA of $125.0 million, and free cash flow of $70.0 million. This is slightly above the previous estimate of $438.23 million.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:22 pm

FIZZ

National Beverage (NASDAQ:FIZZ) reported Q1 earnings of $0.53 per share, in line with analyst consensus. This is a 39.47% increase from the same period last year. However, the company's quarterly sales of $324.00 million missed the analyst consensus estimate of $327.66 million by 1.12%.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:21 pm

BBCP

Concrete Pumping Holdings (NASDAQ:BBCP) reported Q3 earnings of $0.18 per share, beating the analyst consensus estimate of $0.16 by 12.5%. However, this is a 25% decrease from the same period last year. The company also reported quarterly sales of $120.67 million, beating the analyst consensus estimate of $114.98 million by 4.95%, and marking a 15.51% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:21 pm

PL

Planet Labs PBC has provided its financial outlook for Q3 and FY24, expecting revenues of $54M-$56M and $216M-$223M respectively, both lower than estimates. The company also expects Non-GAAP Gross Margin of 50%-52% for Q3 and 52%-54% for FY24. Adjusted EBITDA loss is projected to be $15M-$13M for Q3 and $63M-$55M for FY24. The outlook excludes charges associated with recent headcount reduction.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:19 pm