Streetbeat News

Revenues

ZUO

Zuora has released its Q3 financial guidance, projecting adjusted EPS between $0.11 and $0.12, surpassing the estimated $0.10. Revenue is expected to range from $115.0 million to $117.0 million, also exceeding the estimated $112.619 million.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:14 pm

MSFT

Microsoft projects Q1 Intelligent Cloud revenue between $23.8B and $24.1B, with Azure revenue expected to decline by 1-2 points sequentially. The company also forecasts Q1 Productivity and Business Processes revenue between $27.75B and $28.05B, and More Personal Computing revenue between $12.25B and $12.65B.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:14 pm

CIPH

CORZ

IREN

Bitcoin miners like Core Scientific and Iris Energy are adopting a 'mullet strategy' by integrating AI data centers with cryptocurrency mining. This approach aims to leverage existing infrastructure for AI demand. Bernstein analysts highlight the potential and challenges of this hybrid strategy.

Portfolio Pulse from Khyathi Dalal

August 21, 2024 | 8:14 pm

MOBX

Mobix Labs (NASDAQ:MOBX) reported a significant improvement in its Q3 financial results, with EPS losses narrowing from $(0.65) to $(0.25) and sales increasing from $80K to $2.06M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:13 pm

SNOW

Snowflake's Q2 2025 earnings report shows an adjusted EPS of $0.18, surpassing the $0.16 estimate, and sales of $868.823M, exceeding the $849.704M estimate. This marks a 28.90% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:11 pm

FOVL

ITB

PEZ

SMCF

TOL

XHB

Toll Brothers, Inc. (NYSE:TOL) CEO Douglas Yearley expects strong demand for luxury homes to continue into 2025, supported by low mortgage rates and favorable demographics. The company reported better-than-expected Q3 earnings, but home orders fell short of expectations. Toll Brothers' stock rose 5.62%, and related ETFs also saw gains.

Portfolio Pulse from Michael Juliano

August 21, 2024 | 8:11 pm

TBBB

Tiendas 3B reported Q2 2024 revenue of Ps. 13,574 million, showing no change from the previous year. The article hints at a possible mention of TBBB.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:09 pm

SNOW

Snowflake reported Q2 sales of $868.823 million, surpassing the analyst estimate of $849.704 million and marking a 28.90% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:08 pm

ZM

Zoom Video Communications has provided its financial guidance for Q3 and FY25, with EPS and revenue estimates surpassing analyst expectations. The company expects Q3 EPS of $1.29-$1.31 and revenue of $1.16B-$1.165B, while FY25 EPS is projected at $5.29-$5.32 and revenue at $4.63B-$4.64B.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:08 pm

A

Agilent Technologies has provided its financial outlook for fiscal year 2024, projecting revenue between $6.45 billion and $6.5 billion, slightly below the $6.46 billion estimate. The company also expects adjusted EPS to be between $5.21 and $5.25, slightly above the $5.20 estimate.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:07 pm