Earnings News Articles

Guidewire Software (NYSE:GWRE) Misses Q3 Sales Targets

Petr Huřťák 2023/06/01 8:20pm

Insurance industry-focused software maker Guidewire (NYSE:GWRE) missed analyst expectations in Q3 FY2023 quarter, with revenue up 5.09% year on year to $207.5 million. Guidance for the next quarter also missed analyst expectations with revenues guided to $260 million at the midpoint, or 0.53% below analyst estimates. Guidewire Software made a GAAP loss of $45.6 million, improving on its loss of $57.4 million, in the same quarter last year. ... Continue Reading

NASDAQ AVGO Earnings

No Surprises In Broadcom's (NASDAQ:AVGO) Q2 Sales Numbers, Provides Encouraging Quarterly Guidance

Petr Huřťák 2023/06/01 8:19pm

Fabless chip and software maker Broadcom (NASDAQ:AVGO) reported results in line with analyst expectations in Q2 FY2023 quarter, with revenue up 7.77% year on year to $8.73 billion. Guidance for next quarter's revenue was $8.85 billion at the midpoint, which is 1.58% above the analyst consensus. Broadcom made a GAAP profit of $3.48 billion, improving on its profit of $2.59 billion, in the same quarter last year. ... Continue Reading

NYSE PD Earnings

PagerDuty (NYSE:PD) Reports Q1 In Line With Expectations But Stock Drops 15.3%

Anthony Lee 2023/06/01 8:18pm

IT incident response platform PagerDuty (NYSE:PD) reported results in line with analyst expectations in Q1 FY2024 quarter, with revenue up 20.9% year on year to $103.2 million. However, guidance for the next quarter was less impressive, coming in at $104.5 million at the midpoint, being 3.78% below analyst estimates. PagerDuty made a GAAP loss of $12.8 million, improving on its loss of $32.8 million, in the same quarter last year. ... Continue Reading

NYSE S Earnings

SentinelOne (NYSE:S) Misses Q1 Revenue Estimates, Stock Drops 32.5%

Adam Hejl 2023/06/01 8:15pm

Cyber security company SentinelOne (NYSE:S) missed analyst expectations in Q1 FY2024 quarter, with revenue up 70.5% year on year to $133.4 million. Guidance for the next quarter also missed analyst expectations with revenues guided to $141 million at the midpoint, or 7.28% below analyst estimates. SentinelOne made a GAAP loss of $106.9 million, down on its loss of $89.8 million, in the same quarter last year. ... Continue Reading

NYSE ASAN Earnings

Asana (NYSE:ASAN) Exceeds Q1 Expectations But Stock Drops

Jabin Bastian 2023/06/01 8:13pm

Work management software maker Asana (NYSE: ASAN) reported results ahead of analyst expectations in the Q1 FY2024 quarter, with revenue up 26.3% year on year to $152.4 million. The company expects that next quarter's revenue would be around $158 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Asana made a GAAP loss of $61.5 million, improving on its loss of $98.9 million, in the same quarter last year. ... Continue Reading

NYSE ESTC Earnings

Elastic's (NYSE:ESTC) Posts Q4 Sales In Line With Estimates But Stock Drops

Anthony Lee 2023/06/01 8:12pm

Search software company Elastic (NYSE:ESTC) reported results in line with analyst expectations in Q4 FY2023 quarter, with revenue up 17% year on year to $279.9 million. The company expects that next quarter's revenue would be around $284.5 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Elastic made a GAAP loss of $46.7 million, improving on its loss of $65.6 million, in the same quarter last year. ... Continue Reading

NASDAQ ZS Earnings

Zscaler's (NASDAQ:ZS) Q3 Sales Top Estimates, Next Quarter Growth Looks Optimistic

Jabin Bastian 2023/06/01 8:09pm

Cloud security platform Zscaler (NASDAQ:ZS) reported Q3 FY2023 results that beat analyst expectations, with revenue up 46% year on year to $418.8 million. The company expects that next quarter's revenue would be around $430 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Zscaler made a GAAP loss of $46 million, improving on its loss of $101.4 million, in the same quarter last year. ... Continue Reading

NASDAQ MDB Earnings

MongoDB (NASDAQ:MDB) Surprises With Strong Q1, Stock Jumps 13.7%

Kayode Omotosho 2023/06/01 8:08pm

Database software company MongoDB (MDB) reported Q1 FY2024 results topping analyst expectations, with revenue up 29% year on year to $368.3 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $390 million at the midpoint, 8.1% above what analysts were expecting. MongoDB made a GAAP loss of $54.2 million, improving on its loss of $77.3 million, in the same quarter last year. ... Continue Reading

NYSE AI Earnings

C3.ai (NYSE:AI) Surprises With Q4 Sales But Stock Drops 13.9%

Radek Strnad 2023/05/31 9:00pm

Artificial intelligence (AI) software company C3.ai (NYSE:AI) announced better-than-expected results in the Q4 FY2023 quarter, with revenue flat year on year at $72.4 million. The company expects that next quarter's revenue would be around $71.3 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. C3.ai made a GAAP loss of $65 million, down on its loss of $58.4 million, in the same quarter last year. ... Continue Reading

NASDAQ NCNO Earnings

nCino's (NASDAQ:NCNO) Posts Q1 Sales In Line With Estimates But Full Year Guidance Underwhelms

Jabin Bastian 2023/05/31 8:15pm

Maker of operating system for banks nCino (NASDAQ:NCNO) reported results in line with analyst expectations in Q1 FY2024 quarter, with revenue up 20.7% year on year to $113.7 million. However, guidance for the next quarter was less impressive, coming in at $114.8 million at the midpoint, being 2.33% below analyst estimates. nCino made a GAAP loss of $11.6 million, improving on its loss of $30 million, in the same quarter last year. ... Continue Reading

NASDAQ CRWD Earnings

CrowdStrike (NASDAQ:CRWD) Beats Q1 Sales Targets But Stock Drops

Adam Hejl 2023/05/31 8:14pm

Cybersecurity company CrowdStrike (NASDAQ:CRWD) reported Q1 FY2024 results topping analyst expectations, with revenue up 42% year on year to $692.6 million. The company expects that next quarter's revenue would be around $722.3 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. CrowdStrike made a GAAP profit of $499 thousand, improving on its loss of $30.4 million, in the same quarter last year. ... Continue Reading

NYSE CRM Earnings

Salesforce's (NYSE:CRM) Q1 Earnings Results: Revenue In Line With Expectations

Kayode Omotosho 2023/05/31 8:10pm

Customer relationship management software maker Salesforce (NYSE:CRM) reported results in line with analyst expectations in Q1 FY2024 quarter, with revenue up 11.3% year on year to $8.25 billion. The company expects that next quarter's revenue would be around $8.52 billion, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Salesforce made a GAAP profit of $199 million, improving on its profit of $28 million, in the same quarter last year. ... Continue Reading

NYSE VEEV Earnings

Veeva Systems's (NYSE:VEEV) Q1 Sales Top Estimates But Gross Margin Drops

Radek Strnad 2023/05/31 8:08pm

Healthcare software provider Veeva Systems (NASDAQ:VEEV) reported Q1 FY2024 results that beat analyst expectations, with revenue up 4.2% year on year to $526.3 million. The company expects that next quarter's revenue would be around $581 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Veeva Systems made a GAAP profit of $131.5 million, improving on its profit of $100.1 million, in the same quarter last year. ... Continue Reading

NASDAQ OKTA Earnings

Okta (NASDAQ:OKTA) Surprises With Q1 Sales But Stock Drops 12.4%

Anthony Lee 2023/05/31 8:06pm

Identity management software maker Okta (OKTA) announced better-than-expected results in the Q1 FY2024 quarter, with revenue up 24.8% year on year to $518 million. The company expects that next quarter's revenue would be around $534 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Okta made a GAAP loss of $119 million, improving on its loss of $242.7 million, in the same quarter last year. ... Continue Reading

NASDAQ API Earnings

Agora (NASDAQ:API) Reports Q1 In Line With Expectations But Quarterly Guidance Underwhelms

Radek Strnad 2023/05/30 10:47pm

Communications infrastructure platform Agora (NASDAQ:API) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue down 5.55% year on year to $36.4 million. However, guidance for the next quarter was less impressive, coming in at $35.5 million at the midpoint, being 7.71% below analyst estimates. Agora made a GAAP loss of $16.8 million, improving on its loss of $26.9 million, in the same quarter last year. ... Continue Reading

NYSE BOX Earnings

Box (NYSE:BOX) Posts Better-Than-Expected Sales In Q1 But Full Year Guidance Underwhelms

Petr Huřťák 2023/05/30 8:19pm

Cloud content storage and management platform Box (NYSE:BOX) reported Q1 FY2024 results that beat analyst expectations, with revenue up 5.65% year on year to $251.9 million. The company expects that next quarter's revenue would be around $261 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Box made a GAAP profit of $8.35 million, improving on its loss of $4.7 million, in the same quarter last year. ... Continue Reading

NASDAQ DOMO Earnings

Domo's (NASDAQ:DOMO) Posts Q1 Sales In Line With Estimates But Quarterly Guidance Underwhelms

Jabin Bastian 2023/05/25 8:11pm

Data visualisation and business intelligence company Domo (NASDAQ:DOMO) reported results in line with analyst expectations in Q1 FY2024 quarter, with revenue up 6.71% year on year to $79.5 million. The company expects that next quarter's revenue would be around $79 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Domo made a GAAP loss of $24.4 million, improving on its loss of $32.9 million, in the same quarter last year. ... Continue Reading

NASDAQ MRVL Earnings

Marvell Technology (NASDAQ:MRVL) Exceeds Q1 Expectations, Stock Jumps 15.4%

Adam Hejl 2023/05/25 8:08pm

Networking chips designer Marvell Technology (NASDAQ: MRVL) reported Q1 FY2024 results that beat analyst expectations, with revenue down 8.65% year on year to $1.32 billion. Guidance for next quarter's revenue was $1.33 billion at the midpoint, which is 1.53% above the analyst consensus. Marvell Technology made a GAAP loss of $168.9 million, down on its loss of $165.7 million, in the same quarter last year. ... Continue Reading

NASDAQ WDAY Earnings

Workday's (NASDAQ:WDAY) Q1 Earnings Results: Revenue In Line With Expectations, Stock Soars

Petr Huřťák 2023/05/25 8:06pm

Finance and HR software company Workday (NASDAQ:WDAY) reported results in line with analyst expectations in Q1 FY2024 quarter, with revenue up 17.4% year on year to $1.68 billion. Workday made a GAAP profit of $136 thousand, improving on its loss of $102.2 million, in the same quarter last year. ... Continue Reading

NASDAQ ADSK Earnings

Autodesk's (NASDAQ:ADSK) Posts Q1 Sales In Line With Estimates But Quarterly Guidance Underwhelms

Anthony Lee 2023/05/25 8:04pm

Design software company Autodesk (NASDAQ:ADSK) reported results in line with analyst expectations in Q1 FY2024 quarter, with revenue up 8.46% year on year to $1.27 billion. However, guidance for the next quarter was less impressive, coming in at $1.32 billion at the midpoint, being 1.11% below analyst estimates. Autodesk made a GAAP profit of $161 million, improving on its profit of $146 million, in the same quarter last year. ... Continue Reading

NYSE ZUO Earnings

Zuora's (NYSE:ZUO) Posts Q1 Sales In Line With Estimates, Stock Soars

Radek Strnad 2023/05/24 8:26pm

Subscription management platform Zuora (NYSE:ZUO) reported results in line with analyst expectations in Q1 FY2024 quarter, with revenue up 10.6% year on year to $103.1 million. Guidance for next quarter's revenue was $108.8 million at the midpoint, which is 1.91% above the analyst consensus. Zuora made a GAAP loss of $19.3 million, improving on its loss of $23.2 million, in the same quarter last year. ... Continue Reading

NASDAQ NVDA Earnings

Nvidia (NASDAQ:NVDA) Beats Expectations in Strong Q1, Stock Jumps 14.3%

Radek Strnad 2023/05/24 8:25pm

Leading designer of graphics chips Nvidia (NASDAQ:NVDA) reported Q1 FY2024 results beating Wall St's expectations, with revenue down 13.2% year on year to $7.19 billion. On top of that, guidance for next quarter's revenue was surprisingly good, being $11 billion at the midpoint, 54.6% above what analysts were expecting. Nvidia made a GAAP profit of $2.04 billion, improving on its profit of $1.62 billion, in the same quarter last year. ... Continue Reading

NYSE SNOW Earnings

Snowflake (NYSE:SNOW) Q1 Sales Beat Estimates But Stock Drops 12.8%

Jabin Bastian 2023/05/24 8:16pm

Data warehouse-as-a-service Snowflake (NYSE:SNOW) reported Q1 FY2024 results topping analyst expectations, with revenue up 47.6% year on year to $623.6 million. Snowflake made a GAAP loss of $226.1 million, down on its loss of $165.8 million, in the same quarter last year. ... Continue Reading

NYSE PATH Earnings

UiPath (NYSE:PATH) Q1 Sales Beat Estimates But Stock Drops 11.3% On Mixed Guidance

Radek Strnad 2023/05/24 8:16pm

Automation software company UiPath (NYSE:PATH) reported Q1 FY2024 results topping analyst expectations, with revenue up 18.2% year on year to $289.6 million. The company expects that next quarter's revenue would be around $281.5 million, which is the midpoint of the guidance range. That was slightly under analyst expectations. UiPath made a GAAP loss of $31.9 million, improving on its loss of $122.6 million, in the same quarter last year. ... Continue Reading

NYSE RAMP Earnings

LiveRamp (NYSE:RAMP) Reports Sales Below Analyst Estimates In Q4 Earnings

Adam Hejl 2023/05/24 8:14pm

Advertising data platform LiveRamp (NYSE:RAMP) missed analyst expectations in Q4 FY2023 quarter, with revenue up 4.87% year on year to $148.6 million. Guidance for the next fiscal year also slightly missed analyst expectations with revenues guided to $615 million at the midpoint, or 1.07% below analyst estimates. LiveRamp made a GAAP loss of $31.4 million, down on its loss of $29.4 million, in the same quarter last year. ... Continue Reading

NASDAQ ADI Earnings

Analog Devices (NASDAQ:ADI) Q2: Beats On Revenue But Quarterly Guidance Underwhelms

Radek Strnad 2023/05/24 11:10am

Manufacturer of analog chips, Analog Devices (NASDAQ:ADI) reported Q2 FY2023 results that beat analyst expectations, with revenue up 9.79% year on year to $3.26 billion. However, guidance for the next quarter was less impressive, coming in at $3.1 billion at the midpoint, being 1.81% below analyst estimates. Analog Devices made a GAAP profit of $977.7 million, improving on its profit of $783.3 million, in the same quarter last year. ... Continue Reading

NASDAQ PLAB Earnings

Photronics (NASDAQ:PLAB) Beats Expectations in Strong Q2, Next Quarter Sales Guidance Is Optimistic

Kayode Omotosho 2023/05/24 10:04am

Semiconductor photomask manufacturer Photronics (NASDAQ:PLAB) announced better-than-expected results in the Q2 FY2023 quarter, with revenue up 12.1% year on year to $229.3 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $229 million at the midpoint, 4.09% above what analysts were expecting. Photronics made a GAAP profit of $59.3 million, improving on its profit of $43 million, in the same quarter last year. ... Continue Reading

NYSE NEWR Earnings

New Relic (NYSE:NEWR) Reports Q4 In Line With Expectations But Stock Drops

Anthony Lee 2023/05/23 8:11pm

Application performance management software company New Relic (NYSE:NEWR) reported results in line with analyst expectations in Q4 FY2023 quarter, with revenue up 17.9% year on year to $242.5 million. However, guidance for the next quarter was less impressive, coming in at $239 million at the midpoint, being 4.87% below analyst estimates. New Relic made a GAAP loss of $52.5 million, improving on its loss of $56.4 million, in the same quarter last year. ... Continue Reading

NASDAQ PANW Earnings

Palo Alto Networks's (NASDAQ:PANW) Posts Q3 Sales In Line With Estimates

Jabin Bastian 2023/05/23 8:09pm

Cybersecurity provider Palo Alto Networks (NASDAQ:PANW) reported results in line with analyst expectations in Q3 FY2023 quarter, with revenue up 24.1% year on year to $1.72 billion. The company expects that next quarter's revenue would be around $1.95 billion, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Palo Alto Networks made a GAAP profit of $107.8 million, improving on its loss of $73.2 million, in the same quarter last year. ... Continue Reading

NASDAQ INTU Earnings

Intuit (NASDAQ:INTU) Reports Sales Below Analyst Estimates In Q3 Earnings

Petr Huřťák 2023/05/23 8:07pm

Tax and accounting software provider, Intuit (NASDAQ:INTU) fell short of analyst expectations in Q3 FY2023 quarter, with revenue up 6.85% year on year to $6.02 billion. Intuit made a GAAP profit of $2.09 billion, improving on its profit of $1.79 billion, in the same quarter last year. ... Continue Reading

NASDAQ ZM Earnings

Zoom Video (NASDAQ:ZM) Surprises With Q1 Sales, Gross Margin Improves

Radek Strnad 2023/05/22 8:10pm

Video conferencing platform Zoom (NASDAQ:ZM) reported Q1 FY2024 results beating Wall St's expectations, with revenue up 2.94% year on year to $1.11 billion. The company expects that next quarter's revenue would be around $1.11 billion, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Zoom Video made a GAAP profit of $15.4 million, down on its profit of $113.7 million, in the same quarter last year. ... Continue Reading

NYSE FTCH Earnings

Farfetch's (NYSE:FTCH) Q1 Sales Top Estimates, Stock Jumps 18.4%

Kayode Omotosho 2023/05/18 8:22pm

Online luxury marketplace Farfetch (NYSE: FTCH) beat analyst expectations in Q1 FY2023 quarter, with revenue up 8.08% year on year to $556.4 million. Farfetch made a GAAP loss of $174.3 million, down on its profit of $728.8 million, in the same quarter last year. ... Continue Reading

NASDAQ AMAT Earnings

Applied Materials (NASDAQ:AMAT) Q2: Strong Sales, Provides Encouraging Quarterly Guidance

Jabin Bastian 2023/05/18 8:07pm

Maker of machinery employed in semiconductor manufacturing, Applied Materials (NASDAQ:AMAT) reported Q2 FY2023 results that beat analyst expectations, with revenue up 6.16% year on year to $6.63 billion. Guidance for next quarter's revenue was $6.15 billion at the midpoint, which is 1.73% above the analyst consensus. Applied Materials made a GAAP profit of $1.58 billion, improving on its profit of $1.54 billion, in the same quarter last year. ... Continue Reading

NASDAQ WKME Earnings

WalkMe (NASDAQ:WKME) Posts Better-Than-Expected Sales In Q1 But Stock Drops 19.3%

Adam Hejl 2023/05/17 11:07am

User support software provider WalkMe (NASDAQ: WKME) announced better-than-expected results in the Q1 FY2023 quarter, with revenue up 15.9% year on year to $65.9 million. However, guidance for the next quarter was less impressive, coming in at $65.5 million at the midpoint, being 2.29% below analyst estimates. WalkMe made a GAAP loss of $23.6 million, improving on its loss of $29.7 million, in the same quarter last year. ... Continue Reading

NYSE DT Earnings

Dynatrace (NYSE:DT) Surprises With Q4 Sales, Provides Optimistic Full Year Guidance

Kayode Omotosho 2023/05/17 10:37am

Application performance monitoring software provider Dynatrace (NYSE:DT) beat analyst expectations in Q4 FY2023 quarter, with revenue up 24.5% year on year to $314.5 million. Guidance for next quarter's revenue was $326.5 million at the midpoint, 2.43% above the average of analyst estimates. Dynatrace made a GAAP profit of $80.3 million, improving on its profit of $929 thousand, in the same quarter last year. ... Continue Reading

NASDAQ WIX Earnings

Wix (NASDAQ:WIX) Q1: Beats On Revenue, Provides Encouraging Quarterly Guidance

Petr Huřťák 2023/05/17 5:24am

Website design and e-commerce platform provider Wix.com (NASDAQ:WIX) reported Q1 FY2023 results beating Wall St's expectations, with revenue up 9.51% year on year to $374.1 million. Guidance for next quarter's revenue was $382.5 million at the midpoint, which is 1.3% above the analyst consensus. Wix made a GAAP loss of $10.4 million, improving on its loss of $227.3 million, in the same quarter last year. ... Continue Reading

NASDAQ AGYS Earnings

Agilysys (NASDAQ:AGYS) Exceeds Q4 Expectations

Anthony Lee 2023/05/16 8:21pm

Hospitality industry software provider Agilysys (NASDAQ:AGYS) beat analyst expectations in Q4 FY2023 quarter, with revenue up 13.6% year on year to $52.9 million. Guidance for the full year was also close to analyst expectations with revenues guided to $232.5 million at the midpoint. Agilysys made a GAAP profit of $4.08 million, improving on its profit of $1.98 million, in the same quarter last year. ... Continue Reading

NYSE DOCS Earnings

Doximity's (NYSE:DOCS) Q4 Earnings Results: Revenue In Line With Expectations But Stock Drops

Radek Strnad 2023/05/16 8:07pm

Healthcare professional network Doximity (NYSE:DOCS) reported results in line with analyst expectations in Q4 FY2023 quarter, with revenue up 18.5% year on year to $111 million. Guidance for the full year also exceeded estimates, however the guidance for the next quarter was less impressive, coming in at $107 million, 4.28% below analyst estimates. Doximity made a GAAP profit of $30.7 million, down on its profit of $36.7 million, in the same quarter last year. ... Continue Reading

NYSE SE Earnings

Sea Limited's (NYSE:SE) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops

Anthony Lee 2023/05/16 10:36am

E-commerce and gaming company Sea Limited (NYSE:SE) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 4.88% year on year to $3.04 billion. Sea Limited made a GAAP profit of $88.1 million, improving on its loss of $580.1 million, in the same quarter last year. ... Continue Reading

NASDAQ MNDY Earnings

Monday.com (NASDAQ:MNDY) Exceeds Q1 Expectations, Stock Jumps 12%

Jabin Bastian 2023/05/15 11:07am

Project management software maker Monday.com (NASDAQ:MNDY) announced better-than-expected results in the Q1 FY2023 quarter, with revenue up 49.5% year on year to $162.3 million. Guidance for next quarter's revenue was $169 million at the midpoint, 2.25% above the average of analyst estimates. monday.com made a GAAP loss of $14.7 million, improving on its loss of $66.7 million, in the same quarter last year. ... Continue Reading

NYSE EGHT Earnings

8x8 (NYSE:EGHT) Misses Q4 Revenue Estimates

Adam Hejl 2023/05/11 8:52pm

Business communications software company 8x8 (NYSE:EGHT) missed analyst expectations in Q4 FY2023 quarter, with revenue up 1.74% year on year to $184.5 million. Guidance for the next quarter also missed analyst expectations with revenues guided to $187 million at the midpoint, or 1.71% below analyst estimates. 8x8 made a GAAP loss of $9.43 million, improving on its loss of $45.6 million, in the same quarter last year. ... Continue Reading

NASDAQ NVMI Earnings

Nova (NASDAQ:NVMI) Beats Q1 Sales Targets But Quarterly Guidance Underwhelms

Radek Strnad 2023/05/11 11:36am

Semiconductor quality control company Nova (NASDAQ: NVMI) reported Q1 FY2023 results beating Wall St's expectations, with revenue down 1.32% year on year to $132.2 million. However, guidance for the next quarter was less impressive, coming in at $121 million at the midpoint, being 3.1% below analyst estimates. Nova made a GAAP profit of $34.6 million, improving on its profit of $34.2 million, in the same quarter last year. ... Continue Reading

NASDAQ HIMX Earnings

Himax (NASDAQ:HIMX) Q1: Beats On Revenue But Stock Drops

Jabin Bastian 2023/05/11 10:42am

Semiconductor maker Himax Technologies (NASDAQ:HIMX) announced better-than-expected results in the Q1 FY2023 quarter, with revenue down 40.8% year on year to $244.2 million. Himax made a GAAP profit of $14.9 million, down on its profit of $115.3 million, in the same quarter last year. ... Continue Reading

NASDAQ ENTG Earnings

Entegris (NASDAQ:ENTG) Posts Better-Than-Expected Sales In Q1, Provides Encouraging Quarterly Guidance

Adam Hejl 2023/05/11 10:11am

Semiconductor materials supplier Entegris (NASDAQ:ENTG) beat analyst expectations in Q1 FY2023 quarter, with revenue up 42% year on year to $922.4 million. Guidance for next quarter's revenue was $885 million at the midpoint, which is 1.54% above the analyst consensus. Entegris made a GAAP loss of $88.2 million, down on its profit of $125.7 million, in the same quarter last year. ... Continue Reading

NYSE FVRR Earnings

Fiverr's (NYSE:FVRR) Q1 Earnings Results: Revenue In Line With Expectations, Next Quarter Growth Looks Optimistic

Radek Strnad 2023/05/11 7:26am

Online freelance marketplace Fiverr (NYSE: FVRR) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 1.47% year on year to $88 million. The company expects that next quarter's revenue would be around $89 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Fiverr made a GAAP loss of $4.27 million, improving on its loss of $17 million, in the same quarter last year. ... Continue Reading

NASDAQ APP Earnings

AppLovin (NASDAQ:APP) Beats Expectations in Strong Q1, Stock Soars

Adam Hejl 2023/05/10 8:29pm

Mobile app advertising platform AppLovin (NASDAQ: APP) beat analyst expectations in Q1 FY2023 quarter, with revenue up 14.4% year on year to $715.4 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $720 million at the midpoint, 3.15% above what analysts were expecting. AppLovin made a GAAP loss of $4.52 million, improving on its loss of $115.3 million, in the same quarter last year. ... Continue Reading

NASDAQ PYCR Earnings

Paycor's (NASDAQ:PYCR) Q3 Sales Top Estimates, Gross Margin Improves

Jabin Bastian 2023/05/10 8:23pm

Online payroll and human resource software provider Paycor (NASDAQ:PYCR) beat analyst expectations in Q3 FY2023 quarter, with revenue up 31.7% year on year to $161.5 million. The company expects that next quarter's revenue would be around $136 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Paycor made a GAAP loss of $7.34 million, improving on its loss of $16.7 million, in the same quarter last year. ... Continue Reading

NASDAQ ALGM Earnings

Allegro MicroSystems (NASDAQ:ALGM) Posts Better-Than-Expected Sales In Q4, Provides Optimistic Guidance For Next Quarter

Anthony Lee 2023/05/10 8:23pm

Chip designer Allegro MicroSystems (NASDAQ:ALGM) reported Q4 FY2023 results beating Wall St's expectations, with revenue up 34.5% year on year to $269.4 million. Guidance for next quarter's revenue was $275 million at the midpoint, 7.02% above the average of analyst estimates. Allegro MicroSystems made a GAAP profit of $62 million, improving on its profit of $25.7 million, in the same quarter last year. ... Continue Reading

NYSE U Earnings

Unity's (NYSE:U) Q1 Sales Top Estimates, Stock Jumps 16.4% On Optimistic Outlook

Kayode Omotosho 2023/05/10 8:22pm

Game engine maker Unity (NYSE:U) reported Q1 FY2023 results topping analyst expectations, with revenue up 56.3% year on year to $500.4 million. Guidance for next quarter's revenue was $515 million at the midpoint, 2.44% above the average of analyst estimates. Unity made a GAAP loss of $253.7 million, down on its loss of $177.6 million, in the same quarter last year. ... Continue Reading

NYSE DV Earnings

DoubleVerify's (NYSE:DV) Q1 Sales Top Estimates, Stock Soars

Adam Hejl 2023/05/10 8:17pm

Digital media measurement and analytics provider DoubleVerify (NYSE:DV) reported Q1 FY2023 results that beat analyst expectations, with revenue up 26.7% year on year to $122.6 million. The company expects that next quarter's revenue would be around $133 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. DoubleVerify made a GAAP profit of $12.2 million, improving on its profit of $4.58 million, in the same quarter last year. ... Continue Reading

NASDAQ ALRM Earnings

Alarm.com (NASDAQ:ALRM) Surprises With Q1 Sales, Gross Margin Improves

Kayode Omotosho 2023/05/10 8:11pm

Home security and automation software provider Alarm.com (NASDAQ:ALRM) reported Q1 FY2023 results topping analyst expectations, with revenue up 2.08% year on year to $209.7 million. Alarm.com made a GAAP profit of $14.2 million, improving on its profit of $8.9 million, in the same quarter last year. ... Continue Reading

NASDAQ ASYS Earnings

Amtech (NASDAQ:ASYS) Q2: Beats On Revenue But Quarterly Guidance Underwhelms

Adam Hejl 2023/05/10 8:10pm

Semiconductor production equipment provider Amtech Systems (NASDAQ:ASYS) reported Q2 FY2023 results topping analyst expectations, with revenue up 24.8% year on year to $33.3 million. However, guidance for the next quarter was less impressive, coming in at $32 million at the midpoint, being 5.19% below analyst estimates. Amtech made a GAAP profit of $3.2 million, improving on its profit of $1.97 million, in the same quarter last year. ... Continue Reading

NASDAQ TTD Earnings

The Trade Desk (NASDAQ:TTD) Surprises With Q1 Sales, Provides Encouraging Quarterly Guidance

Adam Hejl 2023/05/10 8:09pm

Advertising software maker The Trade Desk (NASDAQ:TTD) beat analyst expectations in Q1 FY2023 quarter, with revenue up 21.4% year on year to $382.8 million. Guidance for next quarter's revenue was $452 million at the midpoint, which is 1.43% above the analyst consensus. The Trade Desk made a GAAP profit of $9.33 million, improving on its loss of $14.6 million, in the same quarter last year. ... Continue Reading

NYSE VSH Earnings

Vishay Intertechnology (NYSE:VSH) Beats Q1 Sales Targets, Provides Optimistic Guidance For Next Quarter

Kayode Omotosho 2023/05/10 11:12am

Semiconductor manufacturer Vishay Intertechnology (NYSE:VSH) reported Q1 FY2023 results topping analyst expectations, with revenue up 2.02% year on year to $871 million. Guidance for next quarter's revenue was $880 million at the midpoint, 5.76% above the average of analyst estimates. Vishay Intertechnology made a GAAP profit of $112.2 million, improving on its profit of $104 million, in the same quarter last year. ... Continue Reading

NASDAQ HCAT Earnings

Health Catalyst's (NASDAQ:HCAT) Q1 Sales Top Estimates

Radek Strnad 2023/05/09 8:51pm

Healthcare software provider Health Catalyst (NASDAQ:HCAT) reported Q1 FY2023 results that beat analyst expectations, with revenue up 8.49% year on year to $73.9 million. The company expects that next quarter's revenue would be around $72.3 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Health Catalyst made a GAAP loss of $33.2 million, down on its loss of $22.5 million, in the same quarter last year. ... Continue Reading

NYSE QTWO Earnings

Q2 Holdings (NYSE:QTWO) Exceeds Q1 Expectations But Full Year Guidance Underwhelms

Adam Hejl 2023/05/09 8:43pm

Banking software provider Q2 (NYSE:QTWO) reported results ahead of analyst expectations in the Q1 FY2023 quarter, with revenue up 14.1% year on year to $153 million. However, guidance for the next quarter was less impressive, coming in at $154.1 million at the midpoint, being 1.43% below analyst estimates. Q2 Holdings made a GAAP loss of $516 thousand, improving on its loss of $23.6 million, in the same quarter last year. ... Continue Reading

NASDAQ ANGI Earnings

Angi (NASDAQ:ANGI) Exceeds Q1 Expectations, Stock Soars

Radek Strnad 2023/05/09 8:39pm

Home services online marketplace ANGI (NASDAQ: ANGI) reported Q1 FY2023 results that beat analyst expectations, with revenue down 10% year on year to $392.4 million. Angi made a GAAP loss of $15 million, improving on its loss of $33.3 million, in the same quarter last year. ... Continue Reading

NYSE KIND Earnings

Nextdoor (NYSE:KIND) Q1 Sales Beat Estimates, Next Quarter Sales Guidance Is Optimistic

Petr Huřťák 2023/05/09 8:35pm

Neighborhood social network Nextdoor (NYSE:KIND) reported Q1 FY2023 results topping analyst expectations, with revenue down 2.41% year on year to $49.8 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $53.5 million at the midpoint, 3.22% above what analysts were expecting. Nextdoor made a GAAP loss of $33.7 million, down on its loss of $32.9 million, in the same quarter last year. ... Continue Reading

NASDAQ MYPS Earnings

PlayStudios (NASDAQ:MYPS) Surprises With Strong Q1, Provides Encouraging Full Year Guidance

Jabin Bastian 2023/05/09 8:33pm

Digital casino game platform PlayStudios (NASDAQ:MYPS) reported results ahead of analyst expectations in the Q1 FY2023 quarter, with revenue up 13.7% year on year to $80.1 million. PlayStudios made a GAAP loss of $2.57 million, improving on its loss of $25.2 million, in the same quarter last year. ... Continue Reading

NYSE ONTF Earnings

ON24 (NYSE:ONTF) Q1 Sales Beat Estimates But Full Year Guidance Underwhelms

Kayode Omotosho 2023/05/09 8:33pm

Virtual events software company (NYSE:ONTF) reported results ahead of analyst expectations in the Q1 FY2023 quarter, with revenue down 11.2% year on year to $43.1 million. The company expects that next quarter's revenue would be around $41.6 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. ON24 made a GAAP loss of $17.6 million, down on its loss of $15.5 million, in the same quarter last year. ... Continue Reading

NASDAQ RPD Earnings

Rapid7 (NASDAQ:RPD) Beats Q1 Sales Targets But Stock Drops

Jabin Bastian 2023/05/09 8:30pm

Cybersecurity software maker Rapid7 (NASDAQ:RPD) reported Q1 FY2023 results that beat analyst expectations, with revenue up 16.4% year on year to $183.2 million. The company expects that next quarter's revenue would be around $188 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Rapid7 made a GAAP loss of $25.9 million, improving on its loss of $45 million, in the same quarter last year. ... Continue Reading

NASDAQ PUBM Earnings

PubMatic (NASDAQ:PUBM) Delivers Impressive Q1, Guides For Strong Sales Next Quarter

Anthony Lee 2023/05/09 8:27pm

Programmatic advertising platform Pubmatic (NASDAQ: PUBM) reported Q1 FY2023 results topping analyst expectations, with revenue up 1.57% year on year to $55.4 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $59.5 million at the midpoint, 4.66% above what analysts were expecting. PubMatic made a GAAP loss of $5.87 million, down on its profit of $4.78 million, in the same quarter last year. ... Continue Reading

NASDAQ UPST Earnings

Upstart (NASDAQ:UPST) Q1: Strong Sales, Stock Jumps 36.5%

Petr Huřťák 2023/05/09 8:25pm

AI lending platform Upstart (NASDAQ:UPST) reported Q1 FY2023 results topping analyst expectations, with revenue down 66.9% year on year to $102.9 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $135 million at the midpoint, 6.94% above what analysts were expecting. Upstart made a GAAP loss of $129.3 million, down on its profit of $32.7 million, in the same quarter last year. ... Continue Reading

NASDAQ REAL Earnings

The RealReal's (NASDAQ:REAL) Posts Q1 Sales In Line With Estimates But Stock Drops

Jabin Bastian 2023/05/09 8:25pm

Secondhand luxury marketplace The RealReal (NASDAQ: REAL) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue down 3.27% year on year to $141.9 million. However, guidance for the next quarter was less impressive, coming in at $130 million at the midpoint, being 16.1% below analyst estimates. The RealReal made a GAAP loss of $82.5 million, down on its loss of $57.4 million, in the same quarter last year. ... Continue Reading

NYSE OLO Earnings

Olo (NYSE:OLO) Posts Better-Than-Expected Sales In Q1, Stock Soars

Adam Hejl 2023/05/09 8:22pm

Restaurant software company (NYSE:OLO) beat analyst expectations in Q1 FY2023 quarter, with revenue up 22.2% year on year to $52.2 million. Guidance for next quarter's revenue was $53.3 million at the midpoint, 3.24% above the average of analyst estimates. Olo made a GAAP loss of $13.7 million, down on its loss of $11.5 million, in the same quarter last year. ... Continue Reading

NASDAQ SCPL Earnings

SciPlay (NASDAQ:SCPL) Beats Q1 Sales Targets

Radek Strnad 2023/05/09 8:22pm

Digital casino game developer SciPlay (NASDAQ:SCPL) reported Q1 FY2023 results topping analyst expectations, with revenue up 18% year on year to $186.4 million. SciPlay made a GAAP profit of $41.8 million, improving on its profit of $32 million, in the same quarter last year. ... Continue Reading

NYSE TWLO Earnings

Twilio's (NYSE:TWLO) Posts Q1 Sales In Line With Estimates But Stock Drops 13.2% On Weak Guidance

Adam Hejl 2023/05/09 8:20pm

Cloud communications infrastructure company Twilio (NYSE:TWLO) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 15% year on year to $1.01 billion. However, guidance for the next quarter was less impressive, coming in at $985 million at the midpoint, being 6.05% below analyst estimates. Twilio made a GAAP loss of $342.1 million, down on its loss of $221.6 million, in the same quarter last year. ... Continue Reading

NASDAQ MQ Earnings

Marqeta (NASDAQ:MQ) Q1 Sales Beat Estimates But Gross Margin Drops

Anthony Lee 2023/05/09 8:18pm

Leading edge card issuer Marqeta (NASDAQ: MQ) reported Q1 FY2023 results topping analyst expectations, with revenue up 30.8% year on year to $217.3 million. Marqeta made a GAAP loss of $68.8 million, down on its loss of $60.6 million, in the same quarter last year. ... Continue Reading

NASDAQ ABNB Earnings

Airbnb (NASDAQ:ABNB) Q1: Beats On Revenue But Stock Drops

Jabin Bastian 2023/05/09 8:18pm

Online accommodations platform Airbnb (NASDAQ: ABNB) reported Q1 FY2023 results beating Wall St's expectations, with revenue up 20.5% year on year to $1.82 billion. The company expects that next quarter's revenue would be around $2.4 billion, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Airbnb made a GAAP profit of $117 million, improving on its loss of $18.8 million, in the same quarter last year. ... Continue Reading

NASDAQ FLYW Earnings

Flywire (NASDAQ:FLYW) Reports Strong Q1, Stock Soars

Jabin Bastian 2023/05/09 8:17pm

Cross border payment processor Flywire (NASDAQ: FLYW) reported Q1 FY2023 results that beat analyst expectations, with revenue up 46.2% year on year to $94.4 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $78.5 million at the midpoint, 12.4% above what analysts were expecting. Flywire made a GAAP loss of $3.68 million, improving on its loss of $10.1 million, in the same quarter last year. ... Continue Reading

NYSE TOST Earnings

Toast (NYSE:TOST) Delivers Strong Q1 Numbers, Stock Soars

Jabin Bastian 2023/05/09 8:15pm

Restaurant software platform Toast (NYSE:TOST) reported Q1 FY2023 results beating Wall St's expectations, with revenue up 53.1% year on year to $819 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $935 million at the midpoint, 3.44% above what analysts were expecting. Toast made a GAAP loss of $81 million, down on its loss of $23 million, in the same quarter last year. ... Continue Reading

NYSE SKLZ Earnings

Skillz (NYSE:SKLZ) Misses Q1 Revenue Estimates

Kayode Omotosho 2023/05/09 8:15pm

Mobile game developer Skillz (NYSE:SKLZ) missed analyst expectations in Q1 FY2023 quarter, with revenue down 52.5% year on year to $44.4 million. Skillz made a GAAP loss of $35.6 million, improving on its loss of $148.1 million, in the same quarter last year. ... Continue Reading

NASDAQ AMPL Earnings

Amplitude (NASDAQ:AMPL) Surprises With Q1 Sales But Stock Drops 12.2% On Weak Guidance

Petr Huřťák 2023/05/09 8:11pm

Data analytics software provider Amplitude (NASDAQ:AMPL) reported Q1 FY2023 results topping analyst expectations, with revenue up 25.3% year on year to $66.5 million. However, guidance for the next quarter was less impressive, coming in at $66.9 million at the midpoint, being 2.91% below analyst estimates. Amplitude made a GAAP loss of $26.3 million, down on its loss of $22.2 million, in the same quarter last year. ... Continue Reading

NASDAQ MTTR Earnings

Matterport (NASDAQ:MTTR) Reports Bullish Q1, Provides Optimistic Full Year Guidance

Radek Strnad 2023/05/09 8:11pm

Real estate focused virtual reality platform Matterport (NASDAQ:MTTR) reported results ahead of analyst expectations in the Q1 FY2023 quarter, with revenue up 33.3% year on year to $38 million. Guidance for next quarter's revenue was $39 million at the midpoint, which is 1.3% above the analyst consensus. Matterport made a GAAP loss of $53.8 million, down on its profit of $71.9 million, in the same quarter last year. ... Continue Reading

NYSE RNG Earnings

RingCentral (NYSE:RNG) Exceeds Q1 Expectations, Stock Jumps 10%

Adam Hejl 2023/05/09 8:09pm

Office and call centre communications software provider RingCentral (NYSE:RNG) announced better-than-expected results in the Q1 FY2023 quarter, with revenue up 14.1% year on year to $533.7 million. The company expects that next quarter's revenue would be around $536 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. RingCentral made a GAAP loss of $54.4 million, improving on its loss of $151 million, in the same quarter last year. ... Continue Reading

NASDAQ APPN Earnings

Appian (NASDAQ:APPN) Beats Q1 Sales Targets

Adam Hejl 2023/05/09 8:07pm

Low code software development platform provider Appian (Nasdaq: APPN) beat analyst expectations in Q1 FY2023 quarter, with revenue up 18.4% year on year to $135.2 million. The company expects that next quarter's revenue would be around $124 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Appian made a GAAP loss of $36.8 million, down on its loss of $23.2 million, in the same quarter last year. ... Continue Reading

NASDAQ CARG Earnings

CarGurus (NASDAQ:CARG) Beats Q1 Sales Targets, Next Quarter Growth Looks Optimistic

Jabin Bastian 2023/05/09 8:06pm

Online auto marketplace CarGurus (NASDAQ:CARG) reported Q1 FY2023 results beating Wall St's expectations, with revenue down 46.1% year on year to $232 million. The company expects that next quarter's revenue would be around $230 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. CarGurus made a GAAP profit of $16.1 million, down on its profit of $18.8 million, in the same quarter last year. ... Continue Reading

NASDAQ LZ Earnings

LegalZoom (NASDAQ:LZ) Surprises With Q1 Sales, Stock Jumps 19.9%

Jabin Bastian 2023/05/09 8:05pm

Online legal service provider LegalZoom (NASDAQ:LZ) reported Q1 FY2023 results that beat analyst expectations, with revenue up 7.6% year on year to $165.9 million. Guidance for next quarter's revenue was $167 million at the midpoint, 2.94% above the average of analyst estimates. LegalZoom made a GAAP loss of $2.36 million, improving on its loss of $30.6 million, in the same quarter last year. ... Continue Reading

NASDAQ AKAM Earnings

Akamai's (NASDAQ:AKAM) Q1 Earnings Results: Revenue In Line With Expectations, Stock Soars On Optimistic Guidance

Kayode Omotosho 2023/05/09 8:04pm

Web content delivery and security company Akamai (NASDAQ:AKAM) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 1.33% year on year to $915.7 million. Guidance for next quarter's revenue was $930 million at the midpoint, which is 1.06% above the analyst consensus. Akamai made a GAAP profit of $97.1 million, down on its profit of $119.2 million, in the same quarter last year. ... Continue Reading

NASDAQ EVBG Earnings

Everbridge's (NASDAQ:EVBG) Q1 Sales Top Estimates, Next Quarter Growth Looks Optimistic

Kayode Omotosho 2023/05/09 11:13am

Critical event management software company Everbridge (NASDAQ:EVBG) reported Q1 FY2023 results beating Wall St's expectations, with revenue up 7.86% year on year to $108.3 million. The company expects that next quarter's revenue would be around $110.3 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Everbridge made a GAAP loss of $14.6 million, improving on its loss of $19.1 million, in the same quarter last year. ... Continue Reading

NASDAQ BSY Earnings

Bentley (NASDAQ:BSY) Exceeds Q1 Expectations

Petr Huřťák 2023/05/09 11:08am

Infrastructure design software provider Bentley Systems (NASDAQ:BSY) reported Q1 FY2023 results that beat analyst expectations, with revenue up 14.1% year on year to $314.4 million. Bentley made a GAAP profit of $45.5 million, down on its profit of $56.4 million, in the same quarter last year. ... Continue Reading

NYSE DOCN Earnings

DigitalOcean (NYSE:DOCN) Reports Q1 In Line With Expectations But Gross Margin Drops

Radek Strnad 2023/05/09 11:06am

Cloud computing provider DigitalOcean (NYSE: DOCN) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 29.7% year on year to $165.1 million. The company expects that next quarter's revenue would be around $170 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. DigitalOcean made a GAAP loss of $34.9 million, down on its loss of $18.1 million, in the same quarter last year. ... Continue Reading

NYSE SQSP Earnings

Squarespace (NYSE:SQSP) Exceeds Q1 Expectations, Provides Encouraging Quarterly Guidance

Anthony Lee 2023/05/09 10:14am

Website and ecommerce tools provider Squarespace (NYSE:SQSP) reported Q1 FY2023 results that beat analyst expectations, with revenue up 14.1% year on year to $237 million. Guidance for next quarter's revenue was $243 million at the midpoint, 2.28% above the average of analyst estimates. Squarespace made a GAAP profit of $502 thousand, improving on its loss of $92.9 million, in the same quarter last year. ... Continue Reading

NYSE SEMR Earnings

SEMrush's (NYSE:SEMR) Posts Q1 Sales In Line With Estimates But Quarterly Guidance Underwhelms

Radek Strnad 2023/05/08 8:50pm

Marketing analytics software Semrush (NYSE:SEMR) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 24.1% year on year to $70.9 million. The company expects that next quarter's revenue would be around $74.3 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. SEMrush made a GAAP loss of $9.86 million, down on its loss of $2.57 million, in the same quarter last year. ... Continue Reading

NASDAQ ASUR Earnings

Asure Software (NASDAQ:ASUR) Surprises With Strong Q1, Stock Soars

Petr Huřťák 2023/05/08 8:24pm

Online payroll and human resource software provider Asure (NASDAQ:ASUR) reported results ahead of analyst expectations in the Q1 FY2023 quarter, with revenue up 35.9% year on year to $33.1 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $25.5 million at the midpoint, 6.65% above what analysts were expecting. Asure Software made a GAAP profit of $339 thousand, improving on its loss of $3.02 million, in the same quarter last year. ... Continue Reading

NYSE PLTR Earnings

Palantir's (NYSE:PLTR) Q1 Sales Top Estimates, Stock Jumps 18.9%

Petr Huřťák 2023/05/08 8:16pm

Data-mining and analytics company Palantir (NYSE:PLTR) beat analyst expectations in Q1 FY2023 quarter, with revenue up 17.7% year on year to $525.2 million. Guidance for the full year also exceeded estimates, however the guidance for the next quarter was less impressive, coming in at $530 million, 1.16% below analyst estimates. Palantir made a GAAP profit of $19.2 million, improving on its loss of $101.4 million, in the same quarter last year. ... Continue Reading

NASDAQ WDC Earnings

Western Digital (NASDAQ:WDC) Beats Q3 Sales Targets But Quarterly Guidance Underwhelms

Anthony Lee 2023/05/08 8:13pm

Leading data storage manufacturer Western Digital (NASDAQ: WDC) announced better-than-expected results in the Q3 FY2023 quarter, with revenue down 36% year on year to $2.8 billion. However, guidance for the next quarter was less impressive, coming in at $2.5 billion at the midpoint, being 11.9% below analyst estimates. Western Digital made a GAAP loss of $572 million, down on its profit of $25 million, in the same quarter last year. ... Continue Reading

NASDAQ SWKS Earnings

No Surprises In Skyworks Solutions's (NASDAQ:SWKS) Q2 Sales Numbers But Stock Drops

Adam Hejl 2023/05/08 8:08pm

Wireless chips maker Skyworks Solutions (NASDAQ: SWKS) reported results in line with analyst expectations in Q2 FY2023 quarter, with revenue down 13.7% year on year to $1.15 billion. However, guidance for the next quarter was less impressive, coming in at $1.07 billion at the midpoint, being 7.81% below analyst estimates. Skyworks Solutions made a GAAP profit of $232.8 million, down on its profit of $305.8 million, in the same quarter last year. ... Continue Reading

NASDAQ MCHP Earnings

No Surprises In Microchip Technology's (NASDAQ:MCHP) Q4 Sales Numbers But Stock Drops

Adam Hejl 2023/05/04 8:58pm

Analog chipmaker Microchip Technology (NASDAQ:MCHP) reported results in line with analyst expectations in Q4 FY2023 quarter, with revenue up 21.1% year on year to $2.23 billion. Guidance for next quarter's revenue was $2.29 billion at the midpoint, which is 1.47% above the analyst consensus. Microchip Technology made a GAAP profit of $604 million, improving on its profit of $437.9 million, in the same quarter last year. ... Continue Reading

NASDAQ EXPE Earnings

Expedia's (NASDAQ:EXPE) Posts Q1 Sales In Line With Estimates, Shows User Growth

Anthony Lee 2023/05/04 8:46pm

Online travel agency Expedia (NASDAQ: EXPE) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 18.5% year on year to $2.67 billion. Expedia made a GAAP loss of $140 million, down on its loss of $123 million, in the same quarter last year. ... Continue Reading

NASDAQ POWI Earnings

Power Integrations (NASDAQ:POWI) Q1 Sales Beat Estimates, Provides Encouraging Quarterly Guidance

Adam Hejl 2023/05/04 8:46pm

Semiconductor designer Power Integrations (NASDAQ:POWI) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue down 41.6% year on year to $106.3 million. Guidance for next quarter's revenue was $122 million at the midpoint, which is 1.53% above the analyst consensus. Power Integrations made a GAAP profit of $6.88 million, down on its profit of $46.2 million, in the same quarter last year. ... Continue Reading

NASDAQ DBX Earnings

Dropbox (NASDAQ:DBX) Exceeds Q1 Expectations, Stock Soars

Anthony Lee 2023/05/04 8:44pm

Cloud storage and e-signature company Dropbox (Nasdaq: DBX) reported Q1 FY2023 results beating Wall St's expectations, with revenue up 8.66% year on year to $611.1 million. Dropbox made a GAAP profit of $69 million, down on its profit of $79.7 million, in the same quarter last year. ... Continue Reading

NASDAQ FIVN Earnings

Five9 (NASDAQ:FIVN) Beats Q1 Sales Targets, Stock Jumps 12.7%

Petr Huřťák 2023/05/04 8:35pm

Call center software provider Five9 (NASDAQ: FIVN) reported Q1 FY2023 results beating Wall St's expectations, with revenue up 19.5% year on year to $218.4 million. The company expects that next quarter's revenue would be around $214 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Five9 made a GAAP loss of $27.2 million, improving on its loss of $34.1 million, in the same quarter last year. ... Continue Reading

NASDAQ BL Earnings

BlackLine (NASDAQ:BL) Reports Q1 In Line With Expectations, Stock Soars

Radek Strnad 2023/05/04 8:33pm

Accounting automation software maker Blackline (NASDAQ:BL) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 15.6% year on year to $139 million. The company expects that next quarter's revenue would be around $144 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. BlackLine made a GAAP loss of $12 million, improving on its loss of $13.4 million, in the same quarter last year. ... Continue Reading

NYSE TDC Earnings

Teradata's (NYSE:TDC) Q1 Earnings Results: Revenue In Line With Expectations

Anthony Lee 2023/05/04 8:30pm

Data and analytics software provider Teradata (NYSE:TDC) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue down 4.03% year on year to $476 million. Teradata made a GAAP profit of $40 million, improving on its profit of $36 million, in the same quarter last year. ... Continue Reading

NASDAQ MNTV Earnings

Momentive (NASDAQ:MNTV) Reports Q1 In Line With Expectations

Kayode Omotosho 2023/05/04 8:29pm

Online survey platform Momentive (NASDAQ:MNTV) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 1.57% year on year to $118.8 million. Momentive made a GAAP loss of $23.8 million, improving on its loss of $37.4 million, in the same quarter last year. ... Continue Reading

NASDAQ TEAM Earnings

Atlassian (NASDAQ:TEAM) Surprises With Q3 Sales But Stock Drops 11.6%

Jabin Bastian 2023/05/04 8:27pm

IT project management software company, Atlassian (NASDAQ:TEAM) reported results ahead of analyst expectations in the Q3 FY2023 quarter, with revenue up 23.6% year on year to $915.5 million. The company expects that next quarter's revenue would be around $910 million, which is the midpoint of the guidance range. That is slightly below analyst expectations. Atlassian made a GAAP loss of $209 million, down on its loss of $31.1 million, in the same quarter last year. ... Continue Reading

NYSE BILL Earnings

Bill.com (NYSE:BILL) Reports Upbeat Q3, Stock Jumps 10.8%

Kayode Omotosho 2023/05/04 8:25pm

Payments and billing software maker Bill.com (NYSE:BILL) reported Q3 FY2023 results topping analyst expectations, with revenue up 63.3% year on year to $272.6 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $278.5 million at the midpoint, 4% above what analysts were expecting. Bill.com made a GAAP loss of $31.1 million, improving on its loss of $86.7 million, in the same quarter last year. ... Continue Reading

NASDAQ BIGC Earnings

BigCommerce's (NASDAQ:BIGC) Q1 Earnings Results: Revenue In Line With Expectations

Jabin Bastian 2023/05/04 8:24pm

E-commerce software platform provider BigCommerce (NASDAQ: BIGC) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue up 8.64% year on year to $71.8 million. Guidance for the full year also exceeded estimates, however the guidance for the next quarter was less impressive, coming in at $73.1 million, 1.17% below analyst estimates. BigCommerce made a GAAP loss of $22.1 million, improving on its loss of $37 million, in the same quarter last year. ... Continue Reading

NYSE ZETA Earnings

Zeta (NYSE:ZETA) Q1: Beats On Revenue, Provides Optimistic Full Year Guidance

Petr Huřťák 2023/05/04 8:24pm

Advertising and marketing company Zeta Global (NYSE:ZETA) reported results ahead of analyst expectations in the Q1 FY2023 quarter, with revenue up 24.8% year on year to $157.6 million. The company expects that next quarter's revenue would be around $162 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Zeta made a GAAP loss of $57 million, improving on its loss of $72 million, in the same quarter last year. ... Continue Reading

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