Streetbeat News

Earnings

OXM

Oxford Industries reported Q2 adjusted earnings of $3.45 per share, beating the analyst consensus estimate of $3.40 by 1.47%. However, the company's quarterly sales of $420.30 million missed the analyst consensus estimate of $424.27 million by 0.94%. This represents a 4.43% decrease in earnings and a 15.65% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:18 pm

Samsara

Samsara has released its financial outlook for Q3 and FY 2024. The company expects Q3 revenue to be between $223M-$225M, surpassing the estimated $220.38M. The EPS is projected to be $0.00-$0.01, matching the estimate. For FY 2024, the revenue is expected to be between $896M-$900M, with a year/year growth of 37%-38%. The non-GAAP net income per share is expected to be $0.00-$0.02.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 8:17 pm

ARCE

Arco Platform (NASDAQ:ARCE) reported Q2 sales of $95.15 million, missing the analyst consensus estimate of $101.22 million by 6.00 percent. However, this is a 13.27 percent increase over sales of $84.00 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:17 pm

AVGO

Broadcom has projected its Q4 revenue to be around $9.27 billion, slightly below the estimated $9.28 billion.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 8:17 pm

NTNX

Nutanix reported better-than-expected Q4 financial results and announced a share repurchase program, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:16 pm

S

SentinelOne has projected its Q3 revenue to be $156M, which is higher than the consensus estimate of $154.2M.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:16 pm

AVGO

Broadcom reported Q3 earnings of $10.54 per share, beating the analyst consensus estimate of $10.42 by 1.15%. This is an 8.32% increase from the same period last year. The company also reported quarterly sales of $8.88 billion, beating the estimate of $8.86 billion by 0.18%, a 4.87% increase from last year.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 8:16 pm

MDB

MongoDB's shares are trading higher following the company's Q2 financial results, which exceeded expectations. The company also issued Q3 and FY24 adjusted EPS and sales guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:15 pm

MDB

MongoDB has projected its FY24 adjusted EPS to be between $2.27 and $2.35, and revenue to be between $1.596B and $1.608B. Both these estimates are higher than the previous estimates of $1.55 EPS and $1.55B revenue.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 8:15 pm

MDB

MongoDB (MDB) has projected its Q3 adjusted EPS to be between $0.47 and $0.50, which is higher than the estimated $0.27. The company also expects its revenue to be between $400M and $404M, surpassing the estimated $389.12M.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 8:14 pm