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HOLX

Hologic, Inc. (HOLX) shares surged following the announcement of its Q2 earnings, which exceeded expectations. Additionally, the company has narrowed its future earnings guidance, signaling confidence in its financial outlook.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:51 pm

PLMR

Palomar Holdings (PLMR) reported Q1 2024 adjusted EPS of $1.09, surpassing the consensus estimate of $0.94 by 15.96%, and a 36.25% increase from the previous year's $0.80. Sales rose to $107.866M, a 29.58% increase from $83.241M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:50 pm

EXPE

Expedia Group's stock is trading lower following the company's announcement of a reduction in its full-year guidance.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:50 pm

STEM

Stem Inc. (STEM) reported Q1 earnings with a loss of $(0.46) per share, missing the $(0.21) estimate, and sales of $25.47M, falling short of the $57.11M estimate. This represents a significant decrease from the previous year's performance.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:50 pm

FIVN

Five9 has provided its Q2 revenue and adjusted EPS forecasts, expecting revenues of $244M-$245M, below the estimated $248.02M, and an adjusted EPS of $0.42-$0.44, with the high end meeting the estimate of $0.44.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:50 pm

AXTI

AXT (NASDAQ:AXTI) reported Q1 2024 earnings with a smaller loss per share of $(0.05) compared to the expected $(0.09), and sales of $22.688M, surpassing the $21.564M estimate. This represents a 37.5% improvement in losses and a 16.92% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:48 pm

COHU

Cohu Inc. has provided guidance for its Q2 sales, expecting them to be around $105 million, plus or minus $6 million, which is below the estimated $108.11 million.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:48 pm

ASND

Ascendis Pharma reported Q1 sales of €95.894M, surpassing the estimated €79.492M. This indicates a strong performance against market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:46 pm

AAPL

QQQ

SPY

Apple, Inc. (AAPL) reported Q2 results surpassing expectations with a $90.75B revenue and announced a $110B buyback program. Despite a year-over-year revenue decline, Services and Mac sales exceeded forecasts. Apple's EPS fell from the previous year but set a new March quarter record. The company declared a quarterly dividend and expressed confidence in future growth, hinting at upcoming product announcements. AAPL shares rose 3.5% post-earnings, contrasting with its year-to-date performance.

Portfolio Pulse from Shanthi Rexaline

May 02, 2024 | 8:45 pm

UDMY

Udemy reported Q1 2024 earnings of $0.03 per share, surpassing the $(0.01) estimate, with sales of $196.846M beating the $194.919M estimate. This represents a 150% increase in EPS and an 11.57% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:43 pm