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ADSK

Autodesk, Inc. (NASDAQ:ADSK) reported better-than-expected Q2 results and issued Q3 and full-year 2024 earnings per share guidance above estimates. The company reported quarterly earnings of $1.91 per share, beating the analyst consensus estimate of $1.72, and quarterly sales of $1.34 billion, beating the analyst consensus estimate of $1.32 billion. Autodesk anticipates Q3 earnings per share to be between $1.97 and $2.03, and revenue between $1.380 billion and $1.395 billion. Full-year earnings per share is estimated to be between $7.30 and $7.49, and revenue between $5.405 billion and $5.455 billion.

Portfolio Pulse from Ryan Gustafson

August 23, 2023 | 8:22 pm

ZUO

Zuora has projected its earnings to be between $0.21 and $0.23 per share, higher than the estimated $0.16. However, the company's revenue forecast of $428M-$433M is lower than the estimated $436.69M.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:21 pm

NVDA

NVIDIA reported Q2 sales of $13.51 billion, beating the analyst consensus estimate of $11.22 billion by 20.41 percent. This represents a 101.52 percent increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:21 pm

SNOW

Snowflake Inc's Q2 earnings beat expectations with a 36% YoY increase in revenue to $674.02 million, surpassing the consensus estimate of $662.24 million. The company reported earnings of 25 cents per share, beating analyst estimates of 10 cents per share. Despite the positive results, Snowflake's shares fell in after-hours trading. The company is optimistic about its positioning to deliver data for the AI boom.

Portfolio Pulse from Adam Eckert

August 23, 2023 | 8:20 pm

OOMA

Ooma has projected its FY24 EPS to be between $0.59 and $0.63, higher than the estimated $0.57. The company also expects its revenue to range from $235.5M to $237M, which is in line with the estimated $236.28M.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:19 pm

UFI

Unifi Inc. (UFI) anticipates a subdued demand environment for the remainder of calendar 2023.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:19 pm

GES

Guess? Inc. has released its Q3 and FY24 outlook. The company expects Q3 EPS to be between $0.55 and $0.64, lower than the estimated $0.71. However, FY24 EPS is expected to be between $2.88 and $3.08, higher than the estimated $2.78. Consolidated net revenue is expected to increase between 2.5% and 4.5% in Q3, and between 2.5% and 4.0% for FY24. GAAP operating margin is expected to be between 7.5% and 8.3% in Q3, and between 8.9% and 9.3% for FY24.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 8:19 pm

UFI

Unifi Inc. (UFI) has projected its Q1 2024 net sales and adjusted EBITDA to be generally consistent with its Q4 FY23 results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:18 pm

EOG

EOG Resources Inc. (NYSE:EOG) shares are currently trading at $128.89, after a 0.27% drop. Despite a decrease of 0.33% over the past month, the stock has increased by 2.93% over the past year. The company's price-to-earnings (P/E) ratio is 8.71, slightly higher than the aggregate P/E ratio of the Oil, Gas & Consumable Fuels industry (8.55), indicating that the stock may be overvalued. The P/E ratio is a useful metric for analyzing a company's market performance, but it should not be used in isolation.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 8:16 pm

MDXH

MDxHealth reported H1 earnings per share (EPS) of $(0.08), an improvement from $(0.12) year over year (YoY). The company's revenue also increased to $31.445M, up from $13M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:11 pm