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Revenues

AVAV

AeroVironment Inc (NASDAQ:AVAV) reported Q2 financial results surpassing estimates with $180.8 million in revenue and 97 cents EPS. Year-over-year revenue increased by 62%, and the company has a funded backlog of $487 million. The full-year 2024 revenue outlook is projected between $685 million to $705 million, with anticipated earnings of $2.46 to $2.70 per share. After hours, AVAV shares slightly increased by 0.02% to $141.25.

Portfolio Pulse from Adam Eckert

December 05, 2023 | 9:46 pm

POWL

Powell Industries reported a significant increase in Q4 2023 earnings per share (EPS) to $2.17 from $0.73 year-over-year. The company's revenue for the quarter was $209 million, surpassing the estimate of $196.794 million.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:36 pm

YEXT

Yext, Inc. has provided its financial outlook for FY24, projecting revenues of $403.2M-$403.7M, which is slightly below the estimated $406.38M. However, the company anticipates adjusted EPS to be between $0.31-$0.32, surpassing the estimated $0.28.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:32 pm

TOL

Toll Brothers forecasts Q1 home deliveries to be between 1,800 and 1,900 units, and anticipates FY24 deliveries to range from 9,850 to 10,350 units.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:32 pm

S

SentinelOne reported an expected Q4 revenue of $169M, surpassing the estimate of $166.46M. The company also raised its FY24 revenue outlook from $605M to $616M, exceeding the estimated $605.66M.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:30 pm

HG

Hamilton Insurance Group reported a significant increase in earnings per share (EPS) for Q3 2023, posting $0.41 compared to $(1.32) in the same quarter of the previous year. Revenue also saw a substantial rise, reaching $396.266 million, up from $226.941 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:22 pm

ASPN

Aspen Aerogels, Inc. (ASPN) announced a commercial award from The Automotive Cells Company to supply the Stellantis STLA Medium vehicle platform with PyroThin EV Thermal Barriers, starting production in 2025. Additionally, Aspen updated on its U.S. Department of Energy Loan Programs Office application, confirming it has moved to the due diligence phase for a loan to build a second manufacturing facility in Georgia. However, this does not guarantee further progress or loan approval.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:22 pm

ODFL

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) reported a 0.9% decrease in revenue per day for November 2023 compared to November 2022. This was due to a 2.3% drop in LTL tons per day, despite an increase in LTL revenue per hundredweight. The decrease in LTL tons per day was driven by a 2.9% reduction in LTL weight per shipment, slightly offset by a 0.6% rise in LTL shipments per day. For the quarter-to-date, LTL revenue per hundredweight rose by 3.1% and 7.6% excluding fuel surcharges. CEO Marty Freeman attributes the revenue decrease to the soft domestic economy but remains positive about the company's yield metrics improvement and slight increase in LTL shipments per day.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:18 pm

OOMA

Ooma, Inc. (NYSE: OOMA) reported Q3 adjusted earnings of $0.15 per share, meeting analyst estimates, and marking a 7.14% increase from the previous year. However, sales of $59.90M fell short of the expected $60.78M, a slight miss of 1.45%, but still a 5.68% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:17 pm

AVAV

AeroVironment forecasts its FY24 adjusted EPS to be between $2.46 and $2.70, which is below the estimated $2.72. However, the company anticipates revenue to be between $685M and $705M, surpassing the estimated $676.6M.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:15 pm