Gorilla Game News Today

E-signature company DocuSign (DOCU) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 7.3% year on year to $709.6 million. The company expects next quarter's revenue to be around $727 million, in line with analysts' estimates. It made a non-GAAP profit of $0.82 per share, improving from its profit of $0.72 per share in the same quarter last year.

Luxury ski resort company Vail Resorts (NYSE:MTN) missed analysts' expectations in Q1 CY2024, with revenue up 3.6% year on year to $1.28 billion. It made a GAAP profit of $9.54 per share, improving from its profit of $8.18 per share in the same quarter last year.

Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) fell 13% in the afternoon session as betting stocks took a hit after the Illinois State Senate passed a bill proposing higher taxes on online sports betting operations. The new proposal suggests taxes paid by betting operators will increase starting on July 1, 2024 with the rate varying from 20% to 40% depending on the company's annual revenue.

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Leading designer of graphics chips Nvidia (NASDAQ:NVDA) beat analysts' expectations in Q1 CY2024, with revenue up 262% year on year to $26.04 billion. On top of that, next quarter's revenue guidance ($28 billion at the midpoint) was surprisingly good and 4.3% above what analysts were expecting. It made a non-GAAP profit of $6.12 per share, improving from its profit of $1.09 per share in the same quarter last year.

Cybersecurity provider Palo Alto Networks (NASDAQ:PANW) reported Q1 CY2024 results topping analysts' expectations, with revenue up 15.3% year on year to $1.98 billion. The company expects next quarter's revenue to be around $2.16 billion, in line with analysts' estimates. It made a non-GAAP profit of $1.32 per share, improving from its profit of $1.10 per share in the same quarter last year.

Packaged bakery food company Flower Foods (NYSE:FLO) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 2.8% year on year to $1.58 billion. On the other hand, the company's full-year revenue guidance of $5.13 billion at the midpoint came in slightly below analysts' estimates. Its non-GAAP profit of $0.38 per share was flat year on year.

Shares of power management chips maker Monolithic Power Systems (NASDAQ:MPWR) jumped 9.3% in the afternoon session after the company reported first quarter results which blew past analysts' EPS expectations. Next quarter's revenue guidance also came in higher than Wall Street's estimates, as the company observed "consistently upward ordering patterns." Notably, demand for AI servers was strong, growing over 200% year on year, and driving roughly a third of revenues. The ...

Outdoor lifestyle and equipment company Clarus (NASDAQ:CLAR) reported Q1 CY2024 results exceeding Wall Street analysts' expectations, with revenue down 1.4% year on year to $69.31 million. The company expects the full year's revenue to be around $275 million, in line with analysts' estimates. It made a non-GAAP loss of $0 per share, down from its profit of $0.01 per share in the same quarter last year.

American restaurant chain BJ’s Restaurants (NASDAQ:BJRI) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 1.2% year on year to $337.3 million. It made a GAAP profit of $0.32 per share, improving from its profit of $0.15 per share in the same quarter last year.