Streetbeat News

Earnings

MITK

Mitek Systems (NASDAQ:MITK) reported Q1 earnings of $0.31 per share, a 40.91% increase YoY. The company also reported $45.70 million in sales, a 40.73% increase YoY.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 8:17 pm

AVAV

AeroVironment has provided its FY24 adjusted EPS guidance in the range of $2.30-$2.60, which is lower than the estimated $2.60. The company also expects its revenue to be between $645M-$675M, compared to the estimated $655.88M.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:13 pm

AVAV

AeroVironment reported Q1 earnings of $1.00 per share, beating the analyst consensus estimate of $0.40 by 150%. The company also reported quarterly sales of $152.30 million, surpassing the analyst consensus estimate of $137.24 million by 10.97%. This represents a 1100% increase in earnings and a 40.35% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:12 pm

GTLB

GitLab has projected its FY24 adjusted EPS to be between $(0.08) and $(0.05), which is better than the estimated $(0.14). The company also expects its revenue to be between $555M and $557M, surpassing the estimated $542.81M.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:10 pm

GRIN

Grindrod Shipping Hldgs (NASDAQ:GRIN) reported Q2 earnings of $0.28 per share, a decrease of 89.78% YoY. Sales also decreased by 32.48% to $109.10 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:09 pm

GTLB

GitLab has released its Q3 adjusted EPS guidance, expecting a range of $(0.02)-$(0.01), which is better than the estimated $(0.04). The company also anticipates revenue between $140M-$141M, surpassing the estimate of $138.11M.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:09 pm

ZS

Zscaler has provided its financial guidance for FY24, expecting revenue of $2.05B-$2.065B, calculated billings of $2.52B-$2.56B, non-GAAP income from operations of $330M-$340M, and non-GAAP net income per share of $2.20-$2.25. The company also noted that an extension of the useful lives of its servers and networking equipment from four to five years will result in a 50 basis point benefit to its gross margin for FY24.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 8:09 pm

GTLB

GitLab (NASDAQ:GTLB) reported Q2 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.03) by 133.33%. The company also reported quarterly sales of $139.58 million, surpassing the analyst consensus estimate of $129.67 million by 7.64%. This represents a 106.67% increase in earnings and a 38.14% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:08 pm

ZS

Zscaler has projected its Q1 earnings per share (EPS) to be between $0.48 and $0.49, higher than the estimated $0.45. The company also expects its revenue to be between $472M and $474M, surpassing the estimated $464.75M.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 8:08 pm

ASAN

Asana has updated its FY24 adjusted EPS forecast to $(0.42)-$(0.39), an improvement from the previous estimate of $(0.52). The company also expects revenues to be between $642M-$648M, compared to the estimated $644.35M.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:07 pm