Streetbeat News

Revenues

AZPN

Aspen Technology announced its FY24 adjusted EPS forecast at $6.59, aligning with estimates, but projected revenue of $1.12B falls short of the $1.131B estimate.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:02 pm

TENB

Tenable projects its FY24 revenue to be between $895M and $905M, which is slightly below the $905.09M estimate. However, it expects its adjusted EPS to be between $1.03 and $1.10, surpassing the $0.82 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:01 pm

AVNW

Aviat Networks has raised its fiscal 2024 full year guidance, projecting revenues between $425M-$432M, up from $371.06M estimates, and Adjusted EBITDA between $51M-$56M.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:00 pm

TENB

Tenable projects its Q1 2024 revenue to be between $212M and $214M, slightly below the $214.12M estimate. The company also forecasts its adjusted EPS to be in the range of $0.16 to $0.18, aligning with or slightly above the $0.16 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:00 pm

SONO

Sonos maintains its 2024 outlook, projecting revenues between $1.6 billion and $1.7 billion, aligning with the estimated $1.65 billion. The company also forecasts a non-GAAP gross margin of 45.4% to 46.4%.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:59 pm

AOSL

Alpha And Omega Semiconductor Limited (AOSL) projects its Q3 2024 revenue to be around $150 million, plus or minus $10 million, which is below the estimated $159.267 million.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:59 pm

VREX

Varex Imaging projects Q2 EPS to be between $0.10 and $0.30, compared to the $0.21 estimate, with revenue forecasts ranging from $195M to $215M, against an estimated $206.87M. The company emphasizes that these projections are based on non-GAAP measures, citing the unpredictability of reconciling items for not providing a GAAP forecast.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:58 pm

KD

Kyndryl has reaffirmed its expectation for constant-currency revenue growth to be between -6% to -7% for the year 2024.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:57 pm

INNV

InnovAge Holding (NASDAQ:INNV) reported Q2 earnings with losses of $(0.03) per share, meeting analyst estimates, and a 57.14% improvement from last year. Quarterly sales were $188.90M, surpassing estimates by 2.71% and marking a 12.80% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:56 pm

ELF

E.l.f. Beauty, Inc. (NYSE:ELF) shares surged after reporting Q3 earnings of 74 cents per share, surpassing the 51 cents estimate, and raising its 2024 guidance above expectations. Quarterly sales reached $270.94 million, beating the $231.13 million estimate. The company has seen consistent growth, marking its 20th consecutive quarter of growth in sales and market share. E.l.f. raised its FY 2024 EPS guidance to $2.84-$2.87 and revenue guidance to $980-$990 million.

Portfolio Pulse from Erica Kollmann

February 06, 2024 | 9:53 pm