Streetbeat News

Revenues

PD

PagerDuty shares are trading lower after the company issued weak revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:50 pm

NVDA

Nvidia's Q2 revenue guidance is 53% above consensus, driven by diverse product ramps and strategic supply chain maneuvers. Truist analyst William Stein reiterated a Buy rating on Nvidia Corp (NASDAQ:NVDA).

Portfolio Pulse from Anusuya Lahiri

June 01, 2023 | 8:34 pm

COST

Costco reported net sales of $18.45 billion for May 2023, a slight increase compared to $18.23 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:30 pm

LULU

Lululemon forecasts FY23 EPS of $11.74-$11.94 and net revenue of $9.44B-$9.51B.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:28 pm

AMC

AMC Theatres has transferred its streaming library to Fandango's Vudu, sunsetting its own platform, AMC Theatres On Demand. Users can now transfer their accounts to Vudu, which offers a larger catalog and higher quality formats. AMC reported Q1 losses of $235.5 million and revenue of $954.4 million.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:27 pm

LULU

Lululemon Athletica (NASDAQ:LULU) reported Q1 revenue of $2 billion, up 24% YoY, beating the Street consensus estimate of $1.92 billion. EPS was $2.28, surpassing the estimate of $1.98. The company expects Q2 revenue to be between $2.14 billion and $2.17 billion, with full-year revenue ranging from $9.44 billion to $9.51 billion.

Portfolio Pulse from Chris Katje

June 01, 2023 | 8:25 pm

IOT

Samsara expects Q2 total revenue of $206M-$208M, surpassing the consensus estimate of $201.16M. The company also anticipates non-GAAP EPS of $(0.03)-$(0.02), in line with the consensus of $(0.03).

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:24 pm

GWRE

Guidewire Software (GWRE) expects Q4 revenue to be between $255M-$265M, compared to the estimated $258.63M, and FY23 revenue to be between $890M-$900M, lower than the estimated $903.43M.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:19 pm

AVGO

Broadcom expects Q3 revenue to be around $8.85 billion, surpassing the estimated $8.72 billion.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:17 pm