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Revenues

WOLF

Wolfspeed, Inc. (NYSE:WOLF) reported Q2 earnings with losses of 55 cents per share, beating estimates but showing a 400% increase in losses from the previous year. Revenue was $208.40 million, slightly above expectations but down 3.56% year-over-year. The company highlighted record design wins of $2.9 billion, mainly in the EV sector. Non-GAAP gross margin dropped to 16.4% from 35.8% last year. Q3 revenue is projected between $185 million and $215 million, with a non-GAAP net loss of $71 million to $87 million. The Mohawk Valley Fab's revenue increased threefold. Despite positive aspects, WOLF shares fell 4.73% after hours.

Portfolio Pulse from Ryan Gustafson

January 31, 2024 | 9:49 pm

GTIM

Good Times Restaurants reported a Q1 2024 EPS of $(0.05), a decrease from $(0.01) year-over-year. Revenue also decreased to $33.123M from $33.394M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:43 pm

WRNT

Warrantee reported a fiscal year 2023 earnings per share (EPS) of $(0.015) and revenue of $1.8 million.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:41 pm

MKL

Markel Corporation (NYSE:MKL) reported Q4 sales of $4.64 billion, surpassing the analyst consensus estimate of $3.76 billion by 23.46%. This represents a 10.24% increase compared to $4.21 billion in sales during the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:41 pm

BV

Brightview has reaffirmed its fiscal year 2024 revenue guidance to be between $2.825 billion and $2.975 billion, which is in line with the estimated $2.875 billion.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:36 pm

JBSS

John B. Sanfilippo & Son reported an increase in Q2 2024 earnings per share (EPS) to $1.64 from $1.45 year-over-year (YoY). Revenue also rose to $291.222 million from $274.328 million YoY.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:27 pm

PTC

PTC Inc. has provided its financial outlook for Q2, expecting revenue to be between $560M-$590M, with the consensus estimate at $582.42M. The company also anticipates adjusted EPS to range from $1.10 to $1.30, compared to the estimated $1.26.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:26 pm

SIGI

Selective Insurance Group reported a 17% year-over-year increase in net premiums written, indicating growth in the company's underwriting activities.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:17 pm

TTEK

Tetra Tech provided its FY24 earnings guidance with an EPS range of $5.90-$6.20, which is below the estimated $6.720. The company also forecasts revenue between $4.15B-$4.30B, which falls short of the expected $4.469B.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:11 pm

NTGR

NETGEAR has announced preliminary Q4 net revenue figures of $179M-$189M, which is in line with their previous guidance of $175M-$190M.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:11 pm