9-4
DocuSign posts $77.7 million fiscal Q2 profit, sets revenue outlook of $886 million to $890 million for Q3
Electronic signature provider DocuSign reported fiscal 2024 second-quarter net income of $77.7 million, with adjusted earnings of $1.16 per share and revenue of $875.7 million. The results exceeded Wall Street expectations, according to analysts surveyed by Zacks Investment Research. The company forecast third-quarter revenue of $886 million to $890 million and full-year revenue of $3.5 billion to $3.51 billion.
9-4
9-4
Torrid posts $5.2 million fiscal Q2 profit as revenue misses Wall Street estimates
Torrid Holdings reported fiscal second-quarter net income of $5.2 million, or 5 cents per share, while adjusted results showed a loss of 4 cents per share. Revenue came in at $231.7 million, below Wall Street expectations for an adjusted loss of 3 cents per share and $236.6 million in revenue. The company forecast third-quarter revenue of $230 million to $235 million and full-year revenue of $940 million to $960 million.
9-4
9-3
Ciena posts fiscal Q3 profit of $266.4 million and revenue of $1.67 billion
Ciena reported fiscal third-quarter net income of $266.4 million, or $1.83 a share, with adjusted earnings of $2.11 per share. Results topped analysts’ expectations of $1.74 per share, according to Zacks Investment Research. Revenue came in at $1.67 billion, above the $1.65 billion estimate. The company forecast current-quarter revenue of $1.25 billion to $2.25 billion and full-year revenue of $6.37 billion to $6.47 billion.
9-3
9-3
Hewlett Packard Enterprise posts $1.54 billion fiscal Q3 profit, raises outlook
Hewlett Packard Enterprise reported fiscal third-quarter net income of $1.54 billion and adjusted earnings of $1.11 per share, topping Wall Street’s 95-cent estimate, according to a Zacks Investment Research analyst survey. Revenue was $12.21 billion, above expectations of $12.09 billion. The company raised its guidance for the fiscal fourth quarter and full year. For the quarter ending in October, it forecast earnings per share of $1.20 to $1.30 and revenue of $13.9 billion to $14.8 billion.
9-3
9-3
Five Below posts fiscal Q2 net income of $221.4 million, adjusted EPS tops estimates at $1.68
Five Below reported second-quarter net income of $221.4 million and adjusted earnings of $1.68 per share, above analysts’ estimate of $1.34. Revenue came in at $1.26 billion, also ahead of the $1.22 billion Wall Street forecast. The company expects current-quarter revenue of $1.21 billion to $1.23 billion and forecast full-year earnings per share of $9.83 to $10.31 on revenue of $5.63 billion to $5.71 billion.
9-3