Braze, Duckhorn, General Motors, and Tesla: Earnings, Guidance, and Collaboration Updates
- June 09th, 2023
- 251 views
Braze, Inc. (Nasdaq: BRZE) reported a first-quarter fiscal 2024 loss of $0.13 per share, better than the consensus estimate of a loss of $0.18 per share.
The company has also provided guidance for the second quarter, expecting an adjusted loss per share in the range of $0.14 to $0.13, compared to the consensus estimate of a loss of $0.16.
In after-hours, $BRZE was trading at $36.99, up $3.05 (+8.99%).
The Duckhorn Portfolio, Inc. (NYSE: NAPA) announced third-quarter fiscal 2023 adjusted earnings per share (EPS) of $0.16, exceeding the consensus estimate of $0.12.
The company has revised its guidance for net sales, adjusted EBITDA, and adjusted EPS for fiscal 2023, now expecting adjusted EPS in the range of $0.64 to $0.66, compared to the consensus estimate of $0.64.
$NAPA was trading at $14.59 in after-hours, up $0.76 (+5.50%)
General Motors Co. (NYSE: GM) has announced a collaboration with Tesla, Inc. (Nasdaq: TSLA) to integrate the North American Charging Standard (NACS) connector design into GM's EVs starting in 2025. As part of this collaboration, GM EV drivers will have expanded access to charging at over 12,000 Tesla Superchargers across North America.
This partnership complements GM's existing charging investments and emphasizes the company's commitment to expanding charging access for GM EV drivers.
$GM was trading at $37.20, experiencing an increase of $1.35 or 3.77%, while $TSLA was trading at $246.69, up $11.83 or 5.04% in after-hours, following this announcement.
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