Streetbeat News

Earnings

MRVL

Marvell Tech (NASDAQ:MRVL) reported Q2 earnings of $0.33 per share, beating the analyst consensus estimate of $0.32 by 3.13%. However, this is a 42.11% decrease from the same period last year. The company also reported quarterly sales of $1.34 billion, beating the estimate of $1.33 billion by 0.75%, but this is an 11.67% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:07 pm

ULTA

Ulta Beauty has increased its FY23 net sales guidance from $11B-$11.1B to $11.05B-$11.15B, compared to the estimated $11.13B.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:06 pm

DOMO

Domo (NASDAQ:DOMO) reported Q2 earnings per share of $(0.02), beating the analyst consensus estimate of $(0.09) by 77.78%. This is a 92.31% increase over losses from the same period last year. The company also reported quarterly sales of $79.70 million, beating the analyst consensus estimate of $78.90 million by 1.01%, a 5.52% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:06 pm

JWN

Nordstrom (NYSE:JWN) reported Q2 earnings of $0.84 per share, beating the analyst consensus estimate of $0.45 by 86.67%. This is a 3.7% increase from the same period last year. The company also reported quarterly sales of $3.77 billion, beating the analyst consensus estimate of $3.65 billion by 3.34%. However, this is a 7.89% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:06 pm

CRDO

Credo Technology Group (NASDAQ:CRDO) reported Q1 adjusted losses of $(0.03) per share, in line with analyst consensus. This is a 200% decrease from the same period last year. The company's quarterly sales of $35.09 million beat the analyst consensus estimate of $34.00 million by 3.22%, but this is a 24.47% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:06 pm

ULTA

Ulta Beauty has raised its financial outlook for fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:06 pm

ULTA

Ulta Beauty reported Q2 earnings of $6.02 per share, beating the analyst consensus estimate of $5.85 by 2.91%. This is a 5.61% increase from the same period last year. The company also reported quarterly sales of $2.53 billion, beating the analyst consensus estimate of $2.51 billion by 0.79%. This is a 10.13% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:05 pm

WDAY

Workday has raised its FY24 revenue guidance to $6.57B-$6.59B, representing an 18% YoY growth. The company also expects Q3 subscription revenue to be $1.678B-$1.68B, a 17% growth. Additionally, Workday has increased its FY24 non-GAAP operating margin guidance to 23.5%.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 8:04 pm

AKAM

Akamai Technologies has acquired select enterprise customer contracts from StackPath. The transaction is expected to add approximately $20M in revenue and be accretive to non-GAAP earnings per share by $0.03-$0.05 for FY24.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:03 pm

WDAY

Workday (NASDAQ:WDAY) reported Q2 earnings of $1.43 per share, beating the analyst consensus estimate of $1.26 by 13.49%. This is a 72.29% increase from the same period last year. The company also reported quarterly sales of $1.79 billion, beating the analyst consensus estimate of $1.77 billion by 0.95%. This is a 16.33% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 8:02 pm