Streetbeat News

Revenues

KC

Kingsoft Cloud Holdings (NASDAQ:KC) reported Q1 sales of $245.93 million, missing the analyst consensus estimate of $248.31 million by 0.96%. This represents a 9.41% decrease from the same period last year.

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May 22, 2024 | 11:18 am

CINT

CI&T (NYSE:CINT) reported Q1 earnings of $0.06 per share, beating the analyst estimate of $0.05. Sales were $105.76 million, also surpassing the $102.13 million estimate. However, both earnings and sales decreased compared to the same period last year.

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May 22, 2024 | 11:11 am

WKME

WalkMe has reiterated its FY24 revenue outlook of $279M-$283M, aligning closely with the $281.12M estimate. For Q2 2024, the company expects revenue of $69M-$70M and non-GAAP operating income of $2.3M-$3.3M. Full-year non-GAAP operating income guidance has been increased to $12.5M-$15M.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:09 am

FREY

FREYR Battery has completed its first production trial at the Customer Qualification Plant (CQP), marking a significant milestone in giga scale lithium-ion manufacturing. This positions FREYR as a leading partner in advanced lithium-ion battery production technologies.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:07 am

GDS

GDS Holdings has reiterated its FY24 revenue guidance of RMB11.34B–RMB11.76B, which is in line with the previous estimate of RMB11.49B. The company also confirmed its adjusted EBITDA and capex guidance.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:06 am

ARBE

Arbe Robotics (NASDAQ:ARBE) reported Q1 losses of $(0.14) per share, meeting analyst estimates, but missed sales expectations with $137.00K, a 58.48% shortfall from the $330.00K estimate. Sales also decreased by 61.41% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:05 am

PBI

Pitney Bowes aims to achieve additional annualized cost savings of $60M-$100M and improve balance sheet and cash management to expedite the paydown of high-cost debt. The company has retained two consulting firms to assist with these initiatives.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:05 am

BRC

Brady Corporation (NYSE:BRC) reported Q3 earnings of $1.09 per share, beating the analyst estimate of $1.02. Sales were $343.38 million, also surpassing the estimate of $339.80 million. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:03 am

WKME

WalkMe (NASDAQ:WKME) reported Q1 earnings of $0.07 per share, significantly beating the analyst estimate of $0.02. Sales were $68.57 million, slightly above the $68.17 million estimate. This represents a 187.5% increase in earnings and a 4.07% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:03 am

ADI

Analog Devices (ADI) has provided its Q3 guidance, projecting adjusted EPS between $1.40 and $1.60, surpassing the estimated $1.35. The company also forecasts revenue between $2.17 billion and $2.37 billion, exceeding the estimated $2.16 billion.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:02 am