Streetbeat News

Earnings

NTNX

Nutanix reported Q4 adjusted earnings of $0.24 per share, beating the analyst consensus estimate of $0.16 by 50%. This is a 241.18% increase over losses from the same period last year. The company also reported quarterly sales of $494.21 million, beating the analyst consensus estimate of $475.16 million by 4.01%. This is a 28.19% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:09 pm

VMW

VMware (NYSE:VMW) reported Q2 earnings of $1.83 per share, beating the analyst consensus estimate of $1.71 by 7.02%. This is an 11.59% increase from the same period last year. However, the company's quarterly sales of $3.41 billion missed the analyst consensus estimate of $3.46 billion by 1.50%, though it's a 2.16% increase from last year.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 8:08 pm

MDB

MongoDB (NASDAQ:MDB) reported Q2 earnings of $0.93 per share, beating the analyst consensus estimate of $0.46 by 102.17%. This is a 504.35% increase from the same period last year. The company also reported quarterly sales of $423.80 million, beating the analyst consensus estimate of $393.35 million by 7.74%. This is a 39.56% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 8:08 pm

CLIR

ClearSign Technologies reported Q2 losses of $(0.04) per share, in line with analyst consensus. However, the company's quarterly sales of $150.00K missed the analyst consensus estimate of $620.00K by 75.81%.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:07 pm

TLYS

Tilly's (NYSE:TLYS) reported Q2 losses of $(0.04) per share, beating the analyst consensus estimate of $(0.20) by 80 percent. This is a 130.77 percent decrease over earnings of $0.13 per share from the same period last year. The company also reported quarterly sales of $159.95 million, beating the analyst consensus estimate of $150.91 million by 5.99 percent, but a 4.97 percent decrease over sales of $168.31 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:06 pm

DELL

Dell Technologies reported Q2 earnings of $1.74 per share, beating the analyst consensus estimate of $1.14 by 52.63%. This is a 3.57% increase from the same period last year. The company also reported quarterly sales of $22.93 billion, beating the analyst consensus estimate of $20.85 billion by 10.00%. However, this is a 13.21% decrease from the same period last year.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 8:05 pm

SOL

Emeren Group (NYSE:SOL) reported Q2 earnings of $0.14 per share, beating the analyst consensus estimate of $0.10 by 40%. However, the company's quarterly sales of $33.80 million missed the analyst consensus estimate of $39.10 million by 13.55%. This represents a 1500% increase in earnings and a 311.89% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:05 pm

HCP

HashiCorp (NASDAQ:HCP) reported Q2 earnings per share (EPS) of $(0.10), beating the analyst consensus estimate of $(0.15) by 33.33%. The company also reported quarterly sales of $143.25M, surpassing the analyst consensus estimate of $138.22M by 3.64%. Both EPS and sales figures represent significant increases over the same period last year.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 8:04 pm

DOCU

Shares of DocuSign, Inc. (NASDAQ:DOCU) are trading higher, possibly in sympathy with Salesforce's strong Q2 results. DocuSign is set to report its Q2 earnings on Sep. 7, with earnings expected to be 66 cents per share and revenue estimated at $677.56 million.

Portfolio Pulse from Ryan Gustafson

August 31, 2023 | 7:46 pm

ACER

CGC

DG

DLTH

LE

SATX

The Dow Jones fell by over 100 points, while NASDAQ rose slightly. Dollar General Corp reported lower than expected Q2 FY23 sales and lowered its FY23 net sales growth outlook, causing its shares to drop by 13%. Acer Therapeutics shares spiked by 93% after Zevra Therapeutics announced it will acquire the company. Shares of Satixfy Communications and Canopy Growth Corporation also rose significantly. Lands' End and Duluth Holdings shares dropped due to poor Q2 results and weak guidance.

Portfolio Pulse from Lisa Levin

August 31, 2023 | 7:07 pm