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Revenues

OKTA

Okta Inc (NASDAQ:OKTA) reported strong fiscal first-quarter results, beating both revenue and earnings estimates. The company also raised its guidance for the second quarter and full year, citing significant opportunities in the cybersecurity market.

Portfolio Pulse from Adam Eckert

May 29, 2024 | 8:46 pm

AMSC

American Superconductor (NASDAQ:AMSC) reported strong Q4 earnings, with an adjusted EPS of $0.05 beating the $(0.02) estimate and sales of $42.03 million surpassing the $37.13 million estimate. This marks significant year-over-year improvements in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:45 pm

PATH

UiPath has revised its financial outlook for Q2 and FY25, projecting lower-than-expected revenues due to increased deal scrutiny and lengthening sales cycles. The company expects Q2 revenue between $300M-$305M and FY25 revenue between $1.405B-$1.41B, both below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:42 pm

NCNO

nCino has provided its financial guidance for Q2 2024 and FY 2025. The company expects Q2 EPS to be between $0.12 and $0.13, below the $0.14 estimate, and revenue between $130.5M and $131.5M, below the $132.23M estimate. For FY 2025, nCino expects EPS between $0.65 and $0.68, above the $0.63 estimate, and revenue between $538.5M and $544.5M, in line with the $541.61M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:36 pm

FLSA

KSA

SPY

Saudi Arabia is set to launch a $10 billion share sale of Aramco on Sunday, according to Bloomberg. This move is part of the kingdom's strategy to diversify its economy and reduce its dependence on oil revenues.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:33 pm

NCNO

Ncino (NASDAQ:NCNO) reported Q1 adjusted EPS of $0.19, beating the $0.14 estimate by 35.71%. Sales were $128.09M, surpassing the $126.65M estimate by 1.13%. This marks a 171.43% increase in EPS and a 12.68% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:32 pm

NTNX

Nutanix has projected its FY24 revenue to be between $2.13 billion and $2.14 billion, slightly below the estimated $2.141 billion.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:30 pm

NTNX

Nutanix has projected its Q4 2024 revenue to be between $530 million and $540 million, which is below the estimated $546.068 million.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:30 pm

GPK

Graphic Packaging Holding (NYSE:GPK) has outperformed the market over the past 15 years, producing an average annual return of 17.6%. A $1000 investment in GPK 15 years ago would be worth $12,303.17 today. The company currently has a market capitalization of $8.36 billion.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 8:30 pm

ON

ON Semiconductor (NASDAQ:ON) has significantly outperformed the market over the past 5 years, delivering an average annual return of 30.23%. A $100 investment in ON stock 5 years ago would be worth $392.75 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 8:30 pm