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Revenues

CVLT

Commvault has provided its financial outlook for the second quarter of fiscal year 2025, expecting total revenues between $218 million and $222 million, subscription revenue between $120 million and $124 million, and a non-GAAP operating margin between 19% and 20%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:47 am

CVLT

CommVault Systems reported Q1 2025 adjusted EPS of $0.85, beating the estimate of $0.73. Sales were $224.672 million, surpassing the expected $215.536 million.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:46 am

HLIT

Harmonic shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:46 am

CORT

Corcept Therapeutics shares are trading higher after the company reported better than expected Q2 financial results and raised its FY24 revenue guidance above estimates. Additionally, HC Wainwright & Co and Piper Sandler raised their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:45 am

PHIN

PHINIA expects its FY24 net sales and adjusted sales to be at the low end of previously provided ranges due to softer than expected OE markets. The company remains confident in its strategies, with a resilient Aftermarket segment and upcoming product launches. Adjusted free cash flow is expected to be $160 million to $200 million, with revised adjusted tax rate expectations of 33% to 37%. Net earnings are projected to be $100 million to $140 million, with a margin of 2.9% to 3.9%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:44 am

DRS

Leonardo DRS has raised its FY24 adjusted EPS guidance to $0.82-$0.88 from the previous $0.74-$0.82, surpassing the $0.81 estimate. The company also increased its revenue forecast to $3.075B-$3.175B from $2.925B-$3.025B, exceeding the $3.007B estimate.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:42 am

BWMN

Bowman Consulting Group Ltd. (BWMN) is expanding its engagements with Southwest Gas into Northern Nevada and California, indicating potential growth and increased revenue streams for the company.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:39 am

WWD

Woodward shares are trading lower after the company reported mixed Q3 financial results and lowered its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:39 am

AGCO

AGCO's net sales for 2024 are projected to be around $12.5 billion, which is below the consensus estimate of $13.132 billion. This forecast reflects lower sales volumes and adverse foreign currency translation.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:36 am

RDW

Redwire Corporation (RDW) is set to test 3D bioprinted liver tissue in space to analyze the effects of microgravity on tissue bioprinting and culturing.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:36 am