Earnings Recap For March 3

Ambarella Inc AMBA reported earnings of $0.64 per share, beating the Street’s consensus of $0.47 per share. Revenue of $67.97 million also came in ahead of estimates of $64.81 million.

Stratasys, Ltd. SSYS posted a net loss of $(0.01) per share, well above the Street’s consensus of $(0.11) per share. Sales of $173.36 million also beat estimates of $165.16 million.

Broadcom Ltd AVGO delivered earnings of $2.41 per share, $0.11 above the Street’s consensus. Revenue of $1.77 billion came in ahead of estimates by $20 million.

Joy Global Inc. JOY retrieved a net loss of $(0.23) per share, much worse than the Street’s consensus of $(0.10) per share. Revenue of $526.30 million, on the other hand, came in above estimates of $494.88 million.

The Kroger Co KR reported earnings of $0.57 per share, $0.03 better than the Street’s consensus. Revenue of $ 26.165 billion were pretty much in line with estimates of $26.193 billion.

Ciena Corporation CIEN posted earnings of $0.18 per share, $0.03 higher than the Street’s consensus. Revenue of $573.12 million, however, missed estimates of $575.21 million.

Barnes & Noble, Inc. BKS beat earnings estimates by $0.01, delivering earnings of $1.04 per share. Revenue of $1.414 billion came in slightly below expectations for $1.426 billion.

Trina Solar Limited (ADR) TSL retrieved earnings of $0.43 per share, comfortably above the Street’s consensus of $0.27 per share. Revenue of $961.88 million was much better than the expected $810.07 million as well.

 

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

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Posted In: EarningsNewsAfter-Hours Center
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