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STRL

Sterling Construction Company, Inc. (STRL) has announced that its Board of Directors has authorized a new stock repurchase program. Under this program, the company is allowed to repurchase up to $200 million of its outstanding common stock. The timing and actual number of shares repurchased will depend on a variety of factors including price, market conditions, and applicable legal requirements.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:11 pm

YEXT

Yext, Inc. has provided guidance for FY24, projecting adjusted revenue to be between $403.2M and $403.7M, which is slightly below the estimated $406.38M. However, the company's forecast for adjusted EPS is $0.31 to $0.32, surpassing the estimated $0.28.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:10 pm

YEXT

Yext announced its Q4 adjusted EPS to be between $0.07-$0.08, which is in line with the $0.07 estimate. However, the company expects revenue to be between $100M-$100.5M, falling short of the estimated $102.16M.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:10 pm

RENT

Rent the Runway (NASDAQ:RENT) reported Q3 earnings with an EPS of $-0.45, missing estimates by 4.65% and a revenue decrease of $4.90 million from the previous year. The stock previously dropped 27.93% following last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 9:10 pm

MDB

MongoDB (NASDAQ:MDB) reported Q3 earnings with an EPS of $0.96, surpassing estimates by 92% and showing significant revenue growth from the previous year. The company has a history of beating EPS estimates, which has previously led to a share price increase the following day.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 9:10 pm

BOX

Box Inc. reported Q3 earnings of $0.36 per share, missing the consensus estimate of $0.38, and sales of $261.54M, also below the expected $263.69M. Despite the miss, earnings and sales increased by 16.13% and 4.64% respectively compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:08 pm

AAMC

Altisource Asset Management Corporation (AAMC) has announced the departure of its Interim CEO, Danya Sawyer. The company expects to announce a successor within the next 30 days.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:08 pm

MDB

MongoDB projects higher-than-expected adjusted earnings per share (EPS) of $0.44-$0.46 for Q4, compared to the estimated $0.37. The company also forecasts Q4 revenue to be between $429M-$433M, surpassing the estimated $413.94M.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:08 pm

PLAY

Dave & Buster's (PLAY) repurchased 2.8 million shares for $100M in Q3, totaling 8.5 million shares for $300M in fiscal 2023, which is 17.5% of shares outstanding at the end of fiscal 2022. The company still has $100M left in its share repurchase authorization. Additionally, PLAY executed a sale leaseback of four properties, generating $85.8M. CEO Chris Morris highlighted progress in growth initiatives and confidence in achieving a $1 billion AEBITDA target in the coming years.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:07 pm

RENT

Rent The Runway reported Q3 2023 earnings with an EPS of $(0.45), an improvement from $(0.56) YoY. However, revenue of $72.5M fell short of the $73.070M estimate.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:07 pm