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Revenues

PETS

PetMeds reported that its Q4 results were negatively impacted by a challenging macro environment and industry dynamics.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:09 pm

ORCL

Oracle anticipates accelerated growth in each successive quarter of FY25 and has signed over 30 AI sales contracts worth more than $12.5 billion in Q4.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:09 pm

RBRK

Rubrik has provided its financial outlook for the second quarter and full fiscal year 2025. The company expects Q2 revenue between $195M and $197M, slightly above estimates, and EPS between $(0.50) and $(0.48), in line with estimates. For FY25, Rubrik forecasts revenue between $810M and $824M, also above estimates, and EPS between $(2.35) and $(2.25), better than expected. The company also provided details on subscription ARR and free cash flow projections.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:09 pm

ORCL

Oracle has announced that it expects continued strong demand for AI throughout fiscal year 2025, which is anticipated to drive Oracle's sales and remaining performance obligations (RPO) even higher.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:08 pm

HOOD

Robinhood Markets reported significant growth in key metrics for May 2024. Funded customers reached 24.1 million, up 120K from April and 960K year-over-year. Assets Under Custody (AUC) rose to $135 billion, a 9% increase from April and 65% year-over-year. Net Deposits were $3.6 billion in May, with a 35% annualized growth rate. Equity Notional Trading Volumes were $86.8 billion, up 23% from April and 76% year-over-year. Options Contracts Traded were 131.9 million, up 4% from April and 35% year-over-year. Crypto Notional Trading Volumes were $7.1 billion, down 30% from April but up 238% year-over-year. Margin balances were $4.5 billion, up 10% from April and 45% year-over-year. Total Cash Sweep balances were $20.3 billion, up 6% from April and 81% year-over-year. Total Securities Lending Revenue was $23 million, up 10% from April and 53% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:08 pm

ORCL

Oracle reported a 20% increase in Q4 cloud revenue, with cloud infrastructure revenue up 42% and cloud application revenue up 10%.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:07 pm

RBRK

Rubrik (NYSE:RBRK) reported a significant increase in quarterly losses to $(11.48) per share, a 670.47% decrease from $(1.49) per share YoY. However, sales rose by 58.86% to $172.20 million from $108.40 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:06 pm

QUBT

Quantum Computing (NASDAQ:QUBT) reported Q1 EPS of $(0.08), beating the $(0.10) estimate. However, sales dropped significantly to $27.00K from $120.53K YoY.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:01 pm

AWK

American Water Works (NYSE:AWK) has outperformed the market over the past 15 years, delivering an average annual return of 13.84%. A $100 investment in AWK 15 years ago would be worth $699.84 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 8:01 pm

SHW

Sherwin-Williams (NYSE:SHW) has significantly outperformed the market over the past decade, delivering an average annual return of 15.88%. A $1000 investment in SHW 10 years ago would be worth $4,375.67 today. The company's current market capitalization is $74.83 billion.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 8:01 pm