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AVGO

Broadcom Inc. (AVGO) reported Q4 adjusted earnings of $11.06 per share, surpassing the consensus estimate of $10.98, marking a 5.84% increase from the previous year. However, quarterly sales of $9.29 billion fell short of the expected $9.41 billion, a 1.22% miss, though it was a 4.09% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:16 pm

AI

Piper Sandler analyst Arvind Ramnani has maintained a Neutral rating on C3.ai (NYSE:AI) but reduced the price target from $28 to $27.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:15 pm

RH

RH reported a Q3 adjusted EPS of $(0.42), significantly missing the estimated $0.97, representing a 143.3% miss and a 107.41% decrease from the same period last year. Sales were $751.23M, also missing estimates of $756.74M by 0.73% and showing a 13.56% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:15 pm

HCP

HashiCorp (NASDAQ:HCP) reported Q3 earnings with an EPS of $0.03, surpassing the estimated $-0.04, marking a 175.0% beat. Revenue increased by $20.78 million year-over-year. Despite beating EPS estimates last quarter, the stock dropped by 5.18% the following day. Historical earnings data shows fluctuating performance in EPS and steady revenue growth.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 9:15 pm

SMAR

Smartsheet (NYSE:SMAR) reported Q3 earnings with an EPS of $0.16, surpassing the estimate of $0.09 by 77.78%. Revenue increased by $46.34 million compared to the same period last year. The company's stock price had previously risen by 6.62% the day after beating last quarter's EPS estimate by $0.09.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 9:15 pm

FLNC

Fluence Energy Inc (NASDAQ:FLNC) shares are trading lower following the announcement of a secondary offering of 18 million shares by existing controlling stockholders. The company will not sell any shares nor receive proceeds from the offering. J.P. Morgan Securities LLC, Barclays Capital Inc., and Morgan Stanley are managing the offering.

Portfolio Pulse from Henry Khederian

December 07, 2023 | 9:14 pm

LULU

The Board of Directors of lululemon athletica has authorized a $1 billion stock repurchase program on November 29.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:11 pm

RH

RH reported a significant decrease in EPS to $(0.12) in Q3 2023 from $3.78 in the same quarter last year. Revenue for the quarter was $751.225M, which fell short of the estimated $786.740M.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:11 pm

APDN

Applied DNA Sciences (NASDAQ:APDN) experienced a significant decline in both earnings and sales for Q4, with EPS dropping to $(0.26) from $(0.06) YoY and sales falling to $779.74K from $3.56M YoY, representing a 333.33% decrease in EPS and a 78.09% decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:10 pm

GDHG

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw its shares plummet by nearly 90% after announcing its intention to enter into an operating lease framework agreement with a leading Chinese amusement group. The agreement aims to leverage the partner's strong presence in China's amusement park industry to enhance Golden Heaven's market position and strategic expansion. Despite the potential benefits outlined by CEO Jin Qiong, the market reacted negatively, with the stock experiencing a significant sell-off on high volume, leading to trading halts.

Portfolio Pulse from Ryan Gustafson

December 07, 2023 | 9:09 pm