Earnings Archives - Page 30 of 3239

2 minute read

What’s Going On With Salesforce Stock Wednesday?

May 29, 12:01 PM

Analysts expect Salesforce to report first-quarter earnings of $2.38 per share and quarterly revenue of $9.147 billion, according to estimates from Benzinga Pro. Salesforce has a strong track record of beating analyst estimates on the top and bottom lines.

CRM

2 minute read

Nextleaf’s Q2 Net Revenue Up 57% YoY, Reports Growth Across ‘Key Categories’

By Jelena Martinovic

May 29, 11:00 AM

Cannabis processor Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) reported on Wednesday its financial results for the second quarter ended March 31, 2024. The Vancouver-based company said it has achieved 7% sequential and 57% year-over-year revenue growth, hitting a record $3.4 million in net revenue.

CSE:OILS

2 minute read

Salesforce Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

By Avi Kapoor

May 29, 10:56 AM

Salesforce, Inc. (NYSE:CRM) is set to release first-quarter financial results, after the closing bell on Wednesday. Analysts expect…

CRM

2 minute read

Decibel Cannabis Reports 16% YoY Drop In Q1 Revenue, CEO Expects Improved Q2 And ‘Continued Path To Sustainable Growth And Profitability’

By Jelena Martinovic

May 29, 10:18 AM

Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a maker of premium cannabis and extract manufactured products, announced on Wednesday its unaudited interim financial results for the three months ending March 31, 2024. The Calgary, Alberta-based company reported a year-over-year decrease of 16% in net revenue to $21 million. Benjamin Sze, the company's CEO said that "despite the drop in revenue, we remain one of Canada's top brands by market share." The company boasted a national market share of 6% in the first quarter, placing it as the 4th largest licensed producer in Canada by market share, the company said in a press release.

2 minute read

What’s Going On With Cava Group Stock Wednesday?

By Adam Eckert

May 29, 10:14 AM

CAVA Group Inc (NYSE:CAVA) shares are trading lower Wednesday on the heels of the company's first-quarter financial results. Cava reported the same restaurant sales growth of 2.3%. The company said it opened 14 new restaurants during the quarter, bringing total locations up to 323, up 22.3% year-over-year.

CAVA

2 minute read

Pet Supply-Focused Chewy Shares Gain On Better-Than-Anticipated Q1 Earnings, $500M Buyback Plan

By Vandana Singh

May 29, 10:10 AM

Chewy shares surged 13.4% to $19.18 after the pet supplies e-commerce retailer reported impressive Q1 2024 results. The company announced a $500 million share repurchase program.

CHWY

3 minute read

Dow Dips Over 300 Points; Dick’s Sporting Goods Posts Upbeat Earnings

By Avi Kapoor

May 29, 9:45 AM

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 300 points on Wednesday.…

AWIN

2 minute read

Advance Auto Parts Stock Dips Amid Slow Start To 2024 – What’s Going On?

By Nabaparna Bhattacharya

May 29, 9:44 AM

Advance Auto Parts CEO announces reinvestment of savings into business support, as Q1 earnings beat expectations but sales decline slightly.

AAP

2 minute read

Cannabis Producer Vext Reports YoY Decline In Q1, Announces $2M Standby Credit Facility Ahead Of Ohio Rec Market Launch

By Jelena Martinovic

May 29, 9:34 AM

Cannabis operator with vertical operations in Arizona and Ohio, Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) reported on Wednesday its first quarter financial results for the three months ended March 31, 2024."The first quarter of 2024 continued to present consumer-related challenges to all operators, with the Arizona market overall experiencing another decline in quarterly revenue," said Eric Offenberger, CEO of Vext.

CSE:VEXT

2 minute read

Why Digital Turbine Stock Is Tumbling Wednesday

By Adam Eckert

May 29, 9:31 AM

Digital Turbine reported fourth-quarter revenue of $112.22 million, which missed estimates of $117.69 million, per Benzinga Pro. The company reported earnings of 12 cents per share, which beat analyst estimates of 7 cents per share.

APPS