Streetbeat News

Revenues

BCOV

Brightcove projects Q2 2024 revenue to be between $47.5M-$48.5M, slightly below the $48.48M estimate. Adjusted EPS is expected to range from $(0.05) to $(0.03), compared to the $(0.03) estimate. The guidance includes details on professional services revenue, overages, and adjustments for stock-based compensation, restructuring, and other expenses.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:37 pm

AZTA

Azenta projects its FY24 adjusted EPS to be between $0.27 and $0.37, surpassing the estimated $0.26. However, its revenue forecast of $659M-$671M falls short of the expected $703.77M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:37 pm

CXT

Crane NXT updates its FY24 guidance, raising sales growth forecasts to 5%-8% from the previous -1% to 3%, following the acquisition of OpSec Security. The EPS guidance remains unchanged at $4.10-$4.35. Adjusted segment operating margin is slightly revised to 26%-28% from the initial 27%-29%. Other financial metrics including corporate expense, non-operating expense, adjusted tax rate, and free cash flow conversion remain consistent with prior forecasts.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:36 pm

GAIN

Gladstone Investment Corporation (GAIN) reported Q4 2024 adjusted EPS of $0.24, missing the consensus estimate of $0.26 by 7.69%. However, their quarterly sales of $23.648M exceeded the estimate of $23.151M by 2.15%, marking a 19.09% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:21 pm

FG

F&G Annuities & Life (NYSE:FG) reported Q1 2024 earnings of $0.86 per share, missing the $1.00 estimate, but sales of $1.569B exceeded the $1.167B estimate, marking an 80.55% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:17 pm

NWSA

News Corp (NASDAQ:NWSA) reported Q3 2024 earnings of $0.11 per share, surpassing the consensus estimate of $0.10. However, their quarterly sales of $2.420 billion fell short of the expected $2.453 billion, marking a 1.10% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:16 pm

EHAB

Enhabit (NYSE:EHAB) reported Q1 adjusted earnings of $0.07 per share, surpassing the $0.04 estimate, but its sales of $262.40M fell short of the $267.93M forecast. This reflects a 22.22% decrease in earnings and a 1.02% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:15 pm

INST

Instructure has projected its Q2 revenue to be between $166.5M and $167.5M, surpassing the estimated $163.88M. For FY24, the company expects revenue to range from $656.5M to $666.5M, which is around the analyst's expectation of $661.31M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:14 pm

EXAS

Exact Sciences has reaffirmed its revenue guidance for the year 2024, projecting revenues to be in the range of $2.810 billion to $2.850 billion.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:11 pm