Streetbeat News

Revenues

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

DOX

Amdocs (NASDAQ:DOX) has been selected by Australia's TPG Telecom to modernize its monetization platforms. This multi-year agreement involves consolidating TPG's platforms to enhance operational efficiency and drive revenue growth across various customer segments. Amdocs will replace seven legacy systems with a cloud-based platform, aiming to improve service delivery and user experience for TPG's customers.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:43 pm

MLR

Miller Industries reported its preliminary Q4 net sales to be in the range of $290M-$296M. This update provides investors with a glimpse into the company's financial performance for the quarter.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:41 pm

AAT

American Assets Trust (AAT) reported a Q4 FFO of $0.57 per share, up from $0.56 YoY, with sales of $112.49M beating the $108.29M estimate. This represents a 1.79% increase in earnings and a 6.12% increase in sales compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

February 06, 2024 | 9:39 pm

AYX

Alteryx (NYSE:AYX) reported Q4 earnings of $1.07 per share, missing the consensus estimate of $1.16 by 7.76%, but saw a 27.38% increase from last year. Sales reached $351M, beating estimates of $337.61M by 3.97%, and marking a 16.58% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:33 pm

GILD

Gilead Sciences projects its FY24 adjusted EPS to be between $6.85 and $7.25, compared to the estimated $7.21. The company also forecasts revenue to range from $27.1 billion to $27.5 billion, slightly below the estimated $27.663 billion.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:32 pm

ARI

Apollo Commercial Real Estate (ARI) reported Q4 adjusted earnings of $0.36 per share, surpassing the $0.33 estimate, marking a 16.13% year-over-year increase. However, net interest income of $58.01M fell short of the $65.33M estimate, a 16.14% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:32 pm

ELF

e.l.f. Beauty has updated its fiscal 2024 outlook, raising its EPS forecast from $2.47-$2.50 to $2.84-$2.87 and its revenue forecast from $896M-$906M to $980M-$990M, surpassing analyst expectations. The company now expects a 69-71% year-over-year increase in net sales, up from the previously expected 55-57% increase. Adjusted EBITDA, effective tax rate, and net income forecasts have also been updated.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:31 pm

ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) reported Q4 earnings with a revenue of $302.57 million and adjusted earnings of 54 cents per share, both below analyst expectations. Year-over-year, revenue decreased by 58.25% and earnings by 64.24%. The company's Q1 revenue forecast is also below estimates, and it plans to cease operations in Romania and Wisconsin to focus on manufacturing in South Carolina and Texas. ENPH shares rose 8.18% after-hours.

Portfolio Pulse from Erica Kollmann

February 06, 2024 | 9:30 pm