Wall Street analysts expect the company to post Earnings Per Share (EPS) of $0.93 on revenue of $5.12 billion.
Users on Stocktwits appear to be bearish following the revised guidance, which now projects a larger revenue decline, with the improved operating margin forecast failing to lift sentiment.
For its fiscal fourth quarter 2024, its revenue grew 12% year-over-year to $2.2 billion, while GAAP net income was $357.7 million, or $1.01 per diluted share.
Wall Street analysts expect Snowflake to post Earnings Per Share (EPS) of $0.15 on revenue of $899.31 million.
The funds will support clinical development of FB102, Forte’s proprietary anti-CD122 monoclonal antibody targeting autoimmune and autoimmune-related diseases.
Analysts at Morgan Stanley and Deutsche Bank are optimistic about Keysight’s recovery prospects but Bank of America has cautioned that the recovery timeline remains unclear.
Dolby CEO says he is excited about the company’s opportunity with Dolby.io, which is well positioned to provide real time interactive experiences for sports and entertainment.
Barclays has expressed skepticism about Comcast’s reported plan to spin off its cable network business, suggesting it may not make financial sense on its own.
Keysight, which optimizes networks and brings electronic products to market faster, has beaten estimates four times in the last year.
Richard N. Altice, Interim CEO of Danimer, said the company is focused on preserving liquidity and looking at a “variety of transactions” to strengthen its capital structure.