Streetbeat News

Earnings

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

INTU

Intuit has projected its FY24 revenue to be between $15.89B and $16.105B, which is higher than the estimated $15.99B. The company also expects its adjusted EPS to be between $16.17 and $16.47, surpassing the estimated $15.95.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:01 pm

INTU

Intuit's QuickBooks Online accounting revenue grew by 22% for the quarter and 26% for the year.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:01 pm

INTU

Intuit (NASDAQ:INTU) reported Q4 earnings of $1.65 per share, beating the analyst consensus estimate of $1.43 by 15.38%. This is a 50% increase from the same period last year. The company also reported quarterly sales of $2.71 billion, beating the analyst consensus estimate of $2.64 billion by 2.73%, a 12.34% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:00 pm

AAPL

Apple shares are trading lower due to a selloff in the tech sector, which had previously surged due to strong earnings from NVIDIA.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 7:41 pm