Earnings
American Eagle (AEO) beats by $0.07, beats on revs; guides FY24 revs in-line; reinstates dividend… AEO up 7.5%
Avid Tech (AVID) beats by $0.09, reports revs in-line; guides Q1 revs below consensus; guides FY23 revs in-line… AVID down 16.0%
Box (BOX) beats by $0.03, reports revs in-line; guides Q1 EPS below consensus, revs below consensus; guides FY24 EPS in-line, revs below consensus… BOX down 8.9%
Funko (FNKO) misses by $0.24, beats on revs; guides Q1 EPS and revs below consensus; guides FY23 revs in-line; Steve Nave has been appointed CFO and COO, effective immediately… FNKO down 24.9%
Okta (OKTA) beats by $0.21, beats on revs; guides Q1 EPS above consensus, revs above consensus; guides FY24 EPS above consensus, revs in-line… OKTA up 13.1%
Plug Power (PLUG) misses on revs; reaffirms FY23 revs above consensus; reaffirms long-term revenue and gross margin targets… PLUG down 2.9%
Salesforce (CRM) beats by $0.32, beats on revs; guides Q1 EPS and revs above consensus; guides FY24 EPS and revs above consensus; share repurchase program increased to $20 bln… CRM up 16.2%
Snowflake (SNOW) beats by $0.09, beats on revs, product revenue increased 54% yr/yr; provides guidance for Q1 and FY24; authorizes $2.0 bln stock buyback program… SNOW down 6.9%
Splunk (SPLK) beats by $0.89, beats on revs; guides Q1 revs below consensus; guides FY24 revs below consensus… SPLK down 2.6%
The Aaron’s Company (AAN) beats by $0.08, reports revs in-line; guides FY23 EPS below consensus, revs below consensus; increases quarterly cash dividend to $0.125/share from $0.1125/share… AAN down 8.0%
Veeva Systems (VEEV) beats by $0.12, beats on revs; guides Q1 revs below consensus; guides FY24 revs below consensus… VEEV up 4.4%