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Why It Moves

Everbridge (EVBG) Shares Skyrocket, What You Need To Know

Shares of critical event management software company Everbridge (NASDAQ:EVBG) jumped 25.6% in the pre-market session after the company announced a significant increase in the acquisition deal with private equity firm Thoma Bravo. Everbridge's shareholders are set to receive $35.00 per share in cash, marking a $6.40 per share increase over the previous acquisition price. This represents a 62% premium to Everbridge's 90-day volume-weighted average share price, as of February 2, 2024, the day before the original transaction announcement. 

Mar 01, 2024
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Why It Moves

Why Elastic (ESTC) Stock Is Trading Lower Today

Shares of search software company Elastic (NYSE:ESTC) fell 17.7% in the morning session after the company reported third-quarter results with decelerating customer growth and net retention rate. Guidance was generally fine, with revenue and adjusted operating margin guidance in line with to above expectations. Zooming out, this was still a decent, albeit mixed, quarter, showing that the company is staying on track. However, the stock is down as investors were likely expecting more.

Mar 01, 2024
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Earnings

fuboTV (NYSE:FUBO) Delivers Strong Q4 Numbers, Stock Jumps 14.5%

Live sports and TV streaming service fuboTV (NYSE:FUBO) announced better-than-expected results in Q4 FY2023, with revenue up 28.5% year on year to $410.2 million. It made a non-GAAP loss of $0.17 per share, improving from its loss of $0.76 per share in the same quarter last year.

Mar 01, 2024
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Earnings

Golden Entertainment (NASDAQ:GDEN) Misses Q4 Revenue Estimates

Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN) missed analysts' expectations in Q4 FY2023, with revenue down 17.5% year on year to $230.7 million. It made a GAAP loss of $0.33 per share, down from its profit of $0.35 per share in the same quarter last year.

Feb 29, 2024
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Earnings

Zscaler's (NASDAQ:ZS) Q2 Sales Top Estimates, Next Quarter Growth Looks Optimistic

Cloud security platform Zscaler (NASDAQ:ZS) reported Q2 FY2024 results exceeding Wall Street analysts' expectations, with revenue up 35.4% year on year to $525 million. The company expects next quarter's revenue to be around $535 million, in line with analysts' estimates. It made a non-GAAP profit of $0.76 per share, improving from its profit of $0.37 per share in the same quarter last year.

Feb 29, 2024
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Earnings

The RealReal (NASDAQ:REAL) Reports Q4 In Line With Expectations But Stock Drops

Secondhand luxury marketplace The RealReal (NASDAQ: REAL) reported results in line with analysts' expectations in Q4 FY2023, with revenue down 10.2% year on year to $143.4 million. On the other hand, next quarter's revenue guidance of $140 million was less impressive, coming in 1.6% below analysts' estimates. It made a non-GAAP loss of $0.07 per share, improving from its loss of $0.29 per share in the same quarter last year.

Feb 29, 2024
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Earnings

Elastic's (NYSE:ESTC) Q3 Sales Top Estimates But Stock Drops 14%

Search software company Elastic (NYSE:ESTC) reported results ahead of analysts' expectations in Q3 FY2024, with revenue up 19.4% year on year to $328 million. The company expects next quarter's revenue to be around $329 million, in line with analysts' estimates. It made a non-GAAP profit of $0.36 per share, improving from its profit of $0.17 per share in the same quarter last year.

Feb 29, 2024
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Earnings

Xponential Fitness (NYSE:XPOF) Surprises With Q4 Sales

Boutique fitness studio franchisor Xponential Fitness (NYSE:XPOF) announced better-than-expected results in Q4 FY2023, with revenue up 26.6% year on year to $90.2 million. The company expects the full year's revenue to be around $345 million, in line with analysts' estimates. It made a non-GAAP profit of $0.08 per share, down from its profit of $0.11 per share in the same quarter last year.

Feb 29, 2024
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Earnings

Sweetgreen (NYSE:SG) Posts Q4 Sales In Line With Estimates, Stock Soars

Casual salad chain Sweetgreen (NYSE:SG) reported results in line with analysts' expectations in Q4 FY2023, with revenue up 29.1% year on year to $153 million. The company expects next quarter's revenue to be around $152 million, coming in 2.8% above analysts' estimates. It made a GAAP loss of $0.24 per share, improving from its loss of $0.49 per share in the same quarter last year.

Feb 29, 2024
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Earnings

Veeva Systems's (NYSE:VEEV) Q4 Sales Beat Estimates, Growth To Accelerate Next Year

Healthcare software provider Veeva Systems (NASDAQ:VEEV) beat analysts' expectations in Q4 FY2024, with revenue up 11.9% year on year to $630.6 million. On the other hand, the company expects next quarter's revenue to be around $641.5 million, slightly below analysts' estimates. It made a non-GAAP profit of $1.38 per share, improving from its profit of $1.15 per share in the same quarter last year.

Feb 29, 2024