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CSCO

Cisco has provided guidance for its Q2 revenue to be between $12.6B and $12.8B, which is below the estimated $14.19B. The company also expects adjusted EPS to be $0.82-$0.84, lower than the estimated $0.99.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:13 pm

TTEK

Tetra Tech forecasts its Q1 2024 earnings per share (EPS) to be in the range of $1.30 to $1.38, compared to the estimated $1.36. The company also projects its revenue to be between $950 million and $1 billion, versus the estimated $960.05 million.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:07 pm

SONO

Sonos has announced a new $200 million stock repurchase program following the completion of its previous buyback program. This move reflects the company's confidence in its financial health and future prospects, signaling to investors that it believes its stock is undervalued. Stock repurchase programs often lead to a reduction in the number of shares outstanding, potentially increasing earnings per share and the stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:07 pm

CSCO

Cisco Systems reported Q1 adjusted earnings of $1.11 per share, surpassing the $1.03 estimate, a 29.07% increase from last year. Sales reached $14.67B, slightly above the $14.62B estimate, marking a 7.60% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:06 pm

PANW

Palo Alto Networks reported Q1 adjusted earnings of $1.38 per share, surpassing the $1.16 estimate, and sales of $1.88B, exceeding the $1.84B estimate. This reflects a 66.27% increase in earnings and a 20.15% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:06 pm

MOR

MorphoSys (NASDAQ:MOR) reported Q3 earnings with an EPS of $-0.95, beating the estimate of $-1.82 by 47.8%. However, revenue decreased by $27.14 million compared to the same period last year. In the previous quarter, the company also surpassed EPS estimates, which led to a slight increase in share price the following day. MorphoSys's past earnings performance shows variability in both EPS and revenue over the last four quarters.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 9:05 pm

UTI

Universal Technical Institute reported a Q4 revenue of $170.3M, surpassing the estimated $165.93M.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:04 pm

MOR

MorphoSys (NASDAQ:MOR) reported Q3 adjusted sales of $69.44M, surpassing the analyst consensus estimate of $59.33M by 17.04%. However, this represents a 28.10% decrease from the $96.58M in sales reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:03 pm

BTB

Bit Brother Limited has received a delisting notice from Nasdaq due to a bid price deficiency. The company's stock has not met the minimum $1 bid price requirement over the last 30 consecutive business days. Bit Brother must regain compliance by either meeting the $1 minimum bid price for at least 10 consecutive business days or by implementing a reverse stock split. The company has a compliance period of 180 calendar days to meet the requirement.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:00 pm

GETY

Getty Images Holdings (NYSE:GETY) received 4 analyst ratings in the last quarter, with an average 12-month price target of $7.17, a decrease from the previous $7.50 target. Ratings included 2 bullish, 1 somewhat bullish, and 1 indifferent, with no bearish ratings. The current average price target represents a 4.4% decrease from the previous average.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 9:00 pm