Streetbeat News

Revenues

SNT

Senstar Tech (NASDAQ:SNT) reported a quarterly loss of $(0.03) per share, a 62.5% improvement from $(0.08) per share last year. Sales increased by 16.54% to $7.51 million from $6.45 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:09 pm

ITI

Iteris projects FY25 total revenues between $188M and $194M, with an estimated $190.310M. The company also expects an adjusted EBITDA margin of 8.0% to 10.0%, indicating a 150 basis points improvement at the midpoint.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:09 pm

HITI

High Tide anticipates further greenfield growth throughout this calendar year, which could be potentially supplemented by M&A transactions.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:07 pm

ADBE

Adobe has provided its financial outlook for FY24, projecting Digital Experience subscription revenue between $4.775 billion and $4.825 billion, Digital Media segment revenue between $15.80 billion and $15.85 billion, and Digital Experience segment revenue between $5.325 billion and $5.375 billion.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:07 pm

ADBE

Adobe has announced its financial outlook for FY24, projecting non-GAAP EPS between $18.00 and $18.20, significantly higher than the estimated $16.78. Additionally, the company expects revenue to be between $21.40 billion and $21.50 billion, surpassing the estimated $19.98 billion.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:07 pm

HITI

High Tide reported Q2 sales of CAD124.259 million, up from CAD118.136 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:06 pm

ADBE

Adobe (NASDAQ:ADBE) reported Q2 2024 adjusted EPS of $4.48, beating the estimate of $4.39. Sales were $5.310 billion, surpassing the $5.292 billion estimate and marking a 10.26% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:05 pm

HITI

High Tide (NASDAQ:HITI) reported Q2 sales of $124.3 million, missing the analyst consensus estimate of $127.6 million by 2.59%. Despite the miss, sales increased by 42.48% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:02 pm

WLY

John Wiley & Sons Inc (NYSE:WLY) shares surged after reporting better-than-expected Q4 FY24 earnings and initiating FY25 guidance. Despite a 10.9% decline in sales, the company beat analyst estimates and showed strong performance in Learning and Research segments. Adjusted EPS of $1.21 surpassed the consensus of 81 cents. The company also provided a positive outlook for FY25.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 7:59 pm

NVDA

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) shares surged by 12.4% due to strong performance in the AI sector and recent product innovations, including a liquid-cooled AI data center optimized for NVIDIA Corp (NASDAQ:NVDA) AI Enterprise software. The company reported a 37.09% year-over-year revenue growth, net income of $402.46 million, and earnings per share of $7.13.

Portfolio Pulse from Vaishali Prayag

June 13, 2024 | 7:43 pm