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ARLO

Arlo Technologies (NYSE:ARLO) reported Q4 earnings with a 38.0% beat on estimated EPS, reporting $0.11 versus an estimate of $0.08. Revenue increased by $16.57 million from the same period last year. Despite beating last quarter's EPS estimate, ARLO's share price dropped by 7% the following day. The company has shown consistent improvement in both EPS and revenue over the past four quarters.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:20 pm

FDUS

Fidus Investment (NASDAQ:FDUS) reported Q4 earnings with an EPS of $0.65, beating estimates by 12.0% against an expected $0.58. Revenue increased by $8.84 million from the same period last year. The company has a history of surpassing EPS estimates, leading to a 2.0% share price increase the day after last quarter's earnings announcement.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:20 pm

CRDF

Cardiff Oncology (NASDAQ:CRDF) reported Q4 earnings with an EPS of $-0.21, beating estimates by 25.0% against an expected $-0.28. Revenue increased by $28 thousand from the same period last year. Despite beating EPS estimates in the past, such outcomes have previously led to a 3.0% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:20 pm

TSLA

Tesla Inc (NASDAQ:TSLA) began Cybertruck deliveries in November 2023, with over one million reservations. Celebrities like Jay-Z, Beyoncé, and Alexis Ohanian are among the first owners, enhancing Tesla's brand awareness through their high-profile endorsements. Tesla CEO Elon Musk reacted positively to Jay-Z's customized matte black Cybertruck on social media.

Portfolio Pulse from Chris Katje

February 29, 2024 | 9:19 pm

DWAC

Trump Media & Technology Group (TMTG) co-founders Andy Litinsky and Wes Moss are suing Donald Trump for diluting their shares in the company, potentially affecting their profits. The lawsuit alleges that Trump and others are offering additional shares as part of a merger with Digital World Acquisition Corporation (NASDAQ:DWAC), reducing Litinsky and Moss's stake from 8.6% to 1%. This legal action could delay the merger, which has a deadline of March 8, 2024, and impact Trump's finances significantly.

Portfolio Pulse from Chris Katje

February 29, 2024 | 9:19 pm

FDUS

Fidus Investment (NASDAQ:FDUS) reported Q4 2023 adjusted EPS of $0.650, surpassing the $0.570 estimate, with sales of $36.311M also beating the $32.920M estimate. This represents a 32.16% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:19 pm

ARLO

Arlo Technologies (ARLO) reported Q4 2023 adjusted EPS of $0.110, surpassing the $0.080 estimate, with sales of $135.093M also beating the $134.588M estimate. This represents a 13.98% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:19 pm

ZS

Zscaler shares are trading lower following the announcement of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:18 pm

INUV

Inuvo reported Q4 2023 GAAP EPS of $(0.020), missing the $(0.010) estimate, with sales of $20.842M also missing the $23.730M estimate. This represents a 20.68% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:17 pm

VEEV

Veeva Systems' shares declined following the announcement of Q4 financial results and the issuance of guidance.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:16 pm