Earnings Archives - Page 27 of 3239

2 minute read

Investors Are Buying Okta Stock Thursday Morning: What’s Going On?

May 30, 9:17 AM

Okta reported first-quarter revenue of $617 million, which was up 19% year-over-year and came in ahead of analyst estimates of $604.339 million. The cloud-native cybersecurity company reported adjusted earnings of 65 cents per share, beating analyst estimates of 55 cents per share, per Benzinga Pro.

OKTA

2 minute read

Birkenstock’s Q2 Revenue Rises 22%, Beats Expectations With Strong Global Demand: Details

By Lekha Gupta

May 30, 9:12 AM

Birkenstock reports Q2 revenue, adjusted EPS that beat street view. The company also raised FY24 guidance for revenue and adjusted EBITDA.

BIRK

2 minute read

C3.ai Stock Is Rising Thursday: What’s Going On?

By Adam Eckert

May 30, 9:09 AM

C3.ai reported fourth-quarter revenue of $86 million, beating analyst estimates of $84.395 million. The enterprise AI software company reported an adjusted loss of 11 cents per share, beating estimates for a loss of 30 cents per share, according to Benzinga Pro.

3 minute read

Canopy Growth Reports 7% YoY Increase In Q4 Net Revenue, Continues Focus On Innovation In Canada And International Expansion

By Jelena Martinovic

May 30, 8:55 AM

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced on Thursday financial results for the fourth quarter and fiscal year ended March 31, 2024.Fourth quarter net revenue for the company's subsidiary Storz & Bickel which manufactures high-end and medically certified cannabis vaporizers surged 43% year-over-year to CA$22million ($16 million).Moreover, Canada's cannabis net revenue in the same period increased 4% year-over-year led by a 16% increase in the Canada medical cannabis business that saw its 5th consecutive quarter of revenue growth.

CGC

2 minute read

Dick’s Sporting Goods Analysts Increase Their Forecasts After Strong Earnings

By Avi Kapoor

May 30, 8:49 AM

Dick’s Sporting Goods Inc (NYSE:DKS) reported better-than-expected first-quarter FY24 earnings and raised the outlook on Wednesday. The company…

DKS

2 minute read

Foot Locker +13% After Q1 Earnings – Here’s Why

By Nabaparna Bhattacharya

May 30, 8:46 AM

Foot Locker shares surge premarket after reporting Q1 earnings beat, bolstered by growth in global and Kids Foot Locker sales.

2 minute read

Hormel Foods Sales Decline In Q2, Misses Expectations With Mixed Segment Performance

By Akanksha Bakshi

May 30, 8:45 AM

Hormel Foods' cash provided by operating activities year-to-date totaled $640.13 million, up from $411.75 million a year ago.

HRL

2 minute read

No Hugs For Build-A-Bear: Missed Q1 Earnings, Lower Sales Spark Premarket Plunge

By Lekha Gupta

May 30, 8:40 AM

Build-A-Bear totaled $114.7 million, marginally missing the analyst consensus of $120.6 million. Sales decreased 4.4% Y/Y.

BBW

2 minute read

These Analysts Cut Their Forecasts On Salesforce After Q1 Results

By Avi Kapoor

May 30, 8:37 AM

Salesforce Inc (NYSE:CRM) reported upbeat earnings for the first quarter, while sales missed estimates. Salesforce reported first-quarter revenue…

CRM

2 minute read

Kohl’s Q1 Earnings: Revenue And Profit Miss, Outlook Cut, Stock Tumbles

By Shivani Kumaresan

May 30, 8:33 AM

Kohl's shares dropped as Q1 FY24 earnings fell short. Sales declined by 5.3% to $3.178 billion, missing the $3.335 billion estimate. Comparable sales dipped 4.4%, and EPS of $(0.24) missed the $0.03 consensus. The company slashed its FY24 sales growth outlook to a decline of (2%) - (4%), with EPS guidance lowered to $1.25 - $1.85.

KSS