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OKTA

Okta expects Q2 total revenue of $533M-$535M, surpassing the consensus estimate of $527.87M, and non-GAAP EPS of $0.21-$0.22, higher than the consensus of $0.17.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:12 pm

CRM

Salesforce has raised its FY24 adjusted EPS guidance to $7.41-$7.43, up from the previous estimate of $7.14, and expects revenue to be between $34.5B-$34.7B, in line with the $34.65B estimate.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 8:10 pm

CRM

Salesforce has raised its guidance for the fiscal year, indicating strong performance and increased confidence in the company's growth prospects.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:08 pm

NTAP

NetApp has provided guidance for FY24, projecting adjusted EPS of $5.65-$5.85, higher than the estimated $5.57.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 8:06 pm

TWRFF

Tower Resources has commenced a ground magnetic survey to guide its future drilling program after discovering copper, gold, and molybdenum at its Rainbow zone. The company's stock plunged 76% after releasing assays from its winter drilling program, but Geologist Stu Averill, a director of the company, purchased 1.2 million shares.

Portfolio Pulse from Melanie Schaffer

May 31, 2023 | 8:06 pm

LXRX

Lexicon Pharmaceuticals (NASDAQ:LXRX) has commenced an underwritten public offering of its common stock, subject to market and other conditions. The company also plans to grant underwriters a 30-day option to purchase additional shares.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:05 pm

NTAP

NetApp expects Q1 adjusted EPS of $1.00-$1.10, lower than the estimated $1.19, and revenues of $1.325B-$1.475B, slightly below the $1.47B estimate.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 8:05 pm

VNRX

VolitionRx has announced a proposed underwritten public offering of its common stock, with the size of the offering not yet disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:05 pm

OB

Outbrain announced a 10% reduction in its global workforce, impacting the company's operations and potentially affecting its stock price.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:04 pm

SOVO

Over the past 3 months, 11 analysts have published their opinions on Sovos Brands (NASDAQ:SOVO) stock, with 4 bullish and 7 somewhat bullish ratings. The average 12-month price target is $20.14, with a high of $24.00 and a low of $17.00. The average price target has increased by 10.36% over the past month.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:03 pm