Streetbeat News

Revenues

RENT

Rent the Runway has updated its financial outlook, expecting Q3 revenue between $75M-$77M, slightly above estimates. FY24 revenue growth is projected at 2%-6% YoY, indicating stronger business momentum. Adjusted EBITDA margin is expected to be 15%-16%, with free cash flow breakeven for the year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:17 pm

DOCU

Docusign has projected its fiscal year 2025 revenue to be between $2.94 billion and $2.952 billion, slightly above the market estimate of $2.929 billion.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:16 pm

AVGO

Broadcom's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $1.24 and sales at $13.072 billion, marking a significant year-over-year sales increase.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:16 pm

SMAR

Smartsheet has reaffirmed its FY25 revenue guidance of $1.116B to $1.121B, aligning with estimates of $1.12B. The company has also raised its adjusted EPS outlook from $1.22-$1.29 to $1.36-$1.39, surpassing the estimated $1.25.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:16 pm

BRZE

Braze has announced its fiscal year 2025 revenue guidance, projecting between $582.5 million and $585.5 million, surpassing the estimated $579.9 million.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:16 pm

DOCU

Docusign has projected its Q3 2024 revenue to be between $743 million and $747 million, with billings expected to range from $710 million to $720 million.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:14 pm

PATH

UiPath has provided its financial outlook for Q3 and FY25, with revenue expectations slightly above estimates. The company anticipates Q3 revenue between $345M-$350M and FY25 revenue between $1.42B-$1.425B, both slightly above analyst estimates. Non-GAAP operating income is expected to be $27M for Q3 and $170M for FY25.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:12 pm

IOT

Samsara (NYSE:IOT) reported strong Q2 earnings, with an adjusted EPS of $0.05, beating the $0.01 estimate, and sales of $300.20M, surpassing the $289.54M estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:12 pm

BOWL

Bowlero has announced its financial projections for FY 2025, expecting revenue between $1.22 billion and $1.28 billion, surpassing the estimated $1.14 billion. The company also anticipates adjusted EBITDA to range from $390 million to $430 million.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:10 pm

BOWL

Bowlero (NYSE:BOWL) reported Q4 sales of $283.90 million, surpassing the analyst estimate of $274.44 million and marking an 18.58% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:09 pm