Overview
- The company reported a GAAP net loss of $37.3 million, or $0.46 per share, and an adjusted loss of $0.27 per share, beating expectations for a $0.60 loss.
- Revenue came in at $1.47 billion, surpassing the roughly $1.41 billion consensus cited by Zacks.
- For the quarter ending in January, guidance calls for earnings of $2.20 to $2.45 per share on revenue of $2.17 billion to $2.20 billion.
- Full‑year guidance now stands at earnings of $2.40 to $2.65 per share with revenue of $6.45 billion to $6.48 billion.
- Ahead of the release, Benzinga Pro’s consensus looked for a $0.59 per‑share loss and $1.41 billion in sales, and several Wall Street firms had recently adjusted ratings and price targets.