All articles tagged with #revenue guidance
Originally Published 2 months ago — by CNBC
IBM exceeded Wall Street estimates in Q3 with strong revenue growth and raised its full-year guidance, driven by AI tailwinds, but its stock fell 5% after hours.
Originally Published 4 months ago — by Yahoo Finance
Figma's shares dropped over 10% after-hours following a Q2 earnings report that missed profit expectations but showed record revenue and strong user growth. The company announced an upcoming early lock-up release of employee shares, which may increase selling pressure. Despite raising full-year revenue guidance and positive financials, investor sentiment remains cautious due to potential share overhang from lock-up expirations.
Originally Published 7 months ago — by Barron's
Adobe exceeded Q2 earnings and revenue expectations, driven by AI demand, and raised its full-year revenue and EPS guidance. Despite strong performance, its stock remains flat post-earnings amid competitive AI developments and a lower valuation compared to historical averages.
Originally Published 1 year ago — by CNBC
Pinterest's stock dropped by up to 15% after the company issued weak revenue guidance for the fourth quarter, despite surpassing expectations in its third-quarter earnings. The company reported $898 million in revenue and 40 cents per share in adjusted earnings, both above estimates. However, its fourth-quarter revenue forecast of $1.125 billion to $1.145 billion fell short of analyst expectations. The decline is attributed to ongoing weaknesses in the food and beverage advertising sector. Pinterest also announced a $2 billion share buyback, while its expenses rose due to investments in AI and R&D.
Originally Published 1 year ago — by The Motley Fool
UiPath's shares plummeted after the resignation of its CEO and disappointing revenue guidance. Despite a solid net dollar retention rate and a low valuation, the company faces challenges in acquiring new customers and must reset expectations. The new CEO, Daniel Dines, aims to address these issues and leverage AI for growth, making the stock potentially attractive for investors willing to buy the dip.
Originally Published 1 year ago — by Investopedia
Dell Technologies reported better-than-expected fiscal first-quarter revenue and earnings, raising its full-year outlook and providing strong Q2 guidance. The company highlighted its Nvidia-based AI server backlog and opportunities in AI, despite challenges in margins. Dell's AI-optimized server orders surged, and the company emphasized its strategic partnerships with major tech firms. Despite the positive outlook, Dell shares fell 18.2% in extended trading.
Originally Published 1 year ago — by InvestorPlace
UiPath (PATH) stock dropped 30.4% after announcing a CEO change, with founder Daniel Dines replacing Rob Enslin. Despite positive Q1 fiscal 2025 results, the company's revenue guidance for the next quarter and fiscal year fell short of analysts' expectations, contributing to the stock's decline.
Originally Published 1 year ago — by Yahoo Finance
Workday's stock fell by 8% despite reporting first-quarter earnings and revenue that exceeded expectations, due to the company cutting its full-year subscription revenue guidance. CFO Zane Rowe attributed the revised guidance to increased sales scrutiny and lower customer headcount growth.
Originally Published 1 year ago — by Seeking Alpha
During Netflix's Q1 2024 Earnings Call, the company announced its decision to stop reporting quarterly membership and ARM data in 2025, citing the evolution of its revenue model and plans to focus on key metrics like revenue, OI, OI margin, net income, EPS, and free cash flow. The company also discussed its strong member growth, revenue guidance, margin growth trajectory, and scaling of its ad tier, emphasizing the importance of engagement and revenue growth. Additionally, Netflix is working on improving its advertising capabilities and expects ads revenue to follow engagement over time.
Originally Published 1 year ago — by Yahoo Finance
Adobe's stock dropped 11% in after-hours trading despite beating analyst estimates for the first quarter of fiscal 2024. The company's revenue guidance for the second quarter fell short of Wall Street's expectations, leading to the decline. Adobe's digital media and digital experience segments showed growth, and the company announced a new stock repurchase authorization of up to $25 billion. While the weaker-than-expected revenue guidance for Q2 may cause concern, the overall outlook remains solid, and the company's Q1 performance was strong.
Originally Published 1 year ago — by CNBC
CrowdStrike's shares surged 21% in after-hours trading after the cybersecurity company reported better-than-expected earnings and revenue, as well as strong guidance for the upcoming quarter and full year. The company also announced the acquisition of Flow Security and aims to achieve $10 billion in annual recurring revenue by 2030.
Originally Published 1 year ago — by Yahoo Finance
C3.ai Inc reported a strong third quarter with total revenue of $78.4 million, exceeding expectations and showing 18% year-over-year growth. The company's enterprise AI market is experiencing significant demand, with a 73% increase in qualified opportunity pipeline and a focus on generative AI. C3.ai's go-to-market model transition to consumption-based pricing has been successful, driving engagement and contract volume growth. The company also announced increased revenue guidance for Q4 and fiscal year 2024, anticipating revenue in the range of $82 to $86 million for Q4 and $306 to $310 million for the year.
Originally Published 1 year ago — by Novavax Investor Relations
Novavax, Inc. reported fourth quarter and full year 2023 financial results, achieving revenues of $291 million and $1.0 billion, respectively, and provided full year 2024 total revenue guidance of $800 million to $1 billion. The company also announced a 30% reduction in total headcount compared to Q1 2023, settled a dispute with Gavi, and plans to initiate a pivotal Phase 3 trial for a COVID-19-Influenza Combination vaccine candidate in the second half of 2024 with a potential launch in 2026. Novavax aims to improve its commercial performance in 2024 and 2025 and diversify its revenue opportunities.
Originally Published 1 year ago — by Yahoo Finance
Unity (NYSE:U) reported Q4 FY2023 revenue of $609.3 million, beating expectations, but its stock dropped 15.7% as its next quarter's revenue guidance of $417.5 million fell 30.8% below analysts' estimates. The company made a GAAP loss of $0.66 per share and announced a new strategy to focus on its core business and right-size its cost structure after laying off 25% of its workforce. Despite the tough quarter, investors are urged to consider Unity's valuation and business qualities before making investment decisions.
Originally Published 1 year ago — by Yahoo Finance
Shares of Palo Alto Networks dropped over 25% this week after the cybersecurity giant lowered its revenue and billings guidance for fiscal year 2024, leading to analyst downgrades and a significant stock price decline. Despite the recent drop, the stock is still up 50% in the last 12 months. The company faces high expectations and remains expensive even after the decline, but the growing demand for cybersecurity may present a potential opportunity for investors considering a "buy the dip" strategy.