Streetbeat News

Earnings

CRWD

CrowdStrike Holdings Inc (NYSE:CRWD) reported Q2 earnings that beat estimates, with revenue of $731.63 million and EPS of 74 cents. Revenue was up 37% YoY, and annual recurring revenue grew 37% to $2.93 billion. The company ended the quarter with $3.17 billion in cash and equivalents. For Q3, CrowdStrike anticipates revenue between $775.4 million and $778 million, and earnings of 74 cents per share. For full-year 2024, the company expects revenue between $3.03 billion and $3.04 billion, and earnings between $2.80 and $2.84 per share.

Portfolio Pulse from Adam Eckert

August 30, 2023 | 8:33 pm

CHWY

Chewy's shares are trading higher following the company's Q2 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 8:32 pm

KNOP

KNOT Offshore Partners (NYSE:KNOP) reported Q2 sales of $73.80 million, beating the analyst consensus estimate of $71.31 million by 3.49 percent. This represents a 15.39 percent increase over the same period last year.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 8:32 pm

CHWY

Chewy Inc (NYSE:CHWY) reported Q2 net sales of $2.78 billion, up 14.3% YoY, beating the Street consensus estimate of $2.76 billion. The company also reported EPS of 15 cents, beating the Street consensus estimate of a loss of 5 cents per share. Chewy highlighted its Autoship service in the report, attributing it to robust ordering behavior and strong performance. The company's shares are up 4% to $28.52 in after-hours trading.

Portfolio Pulse from Chris Katje

August 30, 2023 | 8:32 pm

FIVE

Five Below has issued Q3 EPS, Q3 revenue and FY23 EPS guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 8:31 pm

OKTA

Okta, Inc. (NASDAQ:OKTA) reported Q2 earnings of 31 cents per share, beating the analyst consensus estimate of 22 cents, and a 410% increase over losses from the same period last year. The company also reported quarterly sales of $556.00 million, beating the analyst consensus estimate of $534.54 million. Okta raised its full-year 2024 total revenue and earnings per share estimates. Shares of OKTA were up 11.0% after-hours.

Portfolio Pulse from Ryan Gustafson

August 30, 2023 | 8:27 pm

GEF

Greif has revised its FY23 Adjusted EBITDA outlook from a range of $780M-$830M to a narrower range of $790M-$820M.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 8:25 pm

CRM

Salesforce Inc (NYSE:CRM) reported Q2 earnings that beat analyst estimates, with revenue increasing 11% YoY to $8.6 billion and earnings of $2.12 per share. The company also raised its full-year revenue guidance to a range of $34.7 billion to $34.8 billion. Salesforce shares were up 7.05% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 30, 2023 | 8:25 pm

COO

The Cooper Companies has updated its fiscal year 2023 financial guidance. The company expects total revenue of $3.578-$3.595 billion, with organic growth of 9% to 10%. The non-GAAP diluted earnings per share are expected to be $12.72-$12.90. The revenue and EPS estimates are higher than the previous estimates of $3.55 billion and $12.82 respectively.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 8:25 pm

COO

The Cooper Companies (COO) has projected its Q4 2023 EPS to be between $3.39 and $3.57, compared to the estimated $3.49. The company also expects its total revenue to be between $912M and $929M, versus the estimated $916.37M. The CVI and CSI revenues are expected to be $613-$624M and $299-$305M respectively.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 8:24 pm