Enghouse Systems Limited (TSX:ESL) reported a jump in fourth-quarter and full-year revenue driven by the expansion of its recurring Software-as-a-Service (SaaS) revenue base.
For the quarter ended October 31, 2023, the provider of enterprise software solutions said its revenue increased 13.9% year over year to C$123.1 million, with recurring revenue up 35% to C$87.2 million.
Pineapple Financial shares moved higher after the Toronto-based mortgage firm said it expects to achieve profitability in 2024.
“The company's growth in 2024 will also likely be buoyed by the industry forecast that, during the next 24 months, 60%, or $1.5 trillion, in the Canadian mortgage market is up for renewal,” Pineapple Financial CEO Shubha Dasgupta said in a statement accompanying the firm’s fiscal 2023 financial results.
Darden Restaurants (NYSE:DRI) shares fell in Friday premarket trading despite the company reporting second-quarter earnings that beat consensus estimates.
The owner of Olive Garden reported a 9.7% increase in total sales to $2.73 billion, just shy of the $2.74 billion expected by Wall Street analysts.
Scholastic Corporation (NASDAQ:SCHL) shares slumped over 12% in Friday pre-market trading after the children’s education and media company reported fiscal second-quarter earnings below Wall Street estimates and lowered its full-year profit and sales outlook.
It posted 2Q earnings per share of $2.45, up 16% year-over-year but below estimates of $2.65.
Costco Wholesale Corporation (NASDAQ:COST) stock rose 1.5% in Friday pre-market trading after the company’s first-quarter sales topped expectations.
The bulk retailer posted revenue of $57.8 billion, up 6.2% year over year and above expectations of $57.72 billion. Membership fee revenue increased 8.2% to $1.08 billion.
Jabil Inc (NYSE:JBL) has reported first-quarter revenue and earnings that beat consensus, sending its shares higher in Thursday pre-market trading.
The St Petersburg, Florida-based electronics manufacturer posted a 13% decline in net revenue to $8.39 billion for the three months ended November 30, 2023, narrowly beating the $8.35 billion consensus estimate of Wall Street analysts.
Semiconductor photomask manufacturer Photronics Inc (NASDAQ:PLAB) reported robust fourth-quarter results, surpassing analysts' expectations with an 8.2% year-over-year revenue increase to $227.5 million.
The company anticipates next quarter's revenue to be approximately $221 million, aligning with analysts' estimates.
REV Group shares added almost 9% on Wednesday after the maker of specialty fire and emergency, commercial, and recreation vehicles reported better-than-expected fourth quarter and full-year fiscal 2023 earnings.
For 4Q, the company posted an 11.2% year-on-year increase in sales to $693.3 million while full-year sales increased 13.1% to $2.64 billion.
Dollarama Inc (TSX:DOL) reported a year-over-year increase in its third-quarter profits and sales as price-sensitive shoppers favored the Montreal, Canada-based discount store chain over other retailers.
It reported a 31.4% year-over-year increase in diluted earnings per share to C$0.92 from C$0.70, above estimates of C$0.86.
Blue Bird Corp (NASDAQ:BLBD) shares rose, up 8.67% trading at $23.70 in premarket, after the EV school bus firm’s fourth-quarter results showed a swing into profit.
The company posted adjusted earnings of $0.66 per share, compared to a loss of $0.66 per share a year earlier and above expectations of $0.47 per share.
Johnson Controls International PLC said it continued to see strong order momentum as it reported a modest increase in fourth quarter sales although net income dropped.
The Cork, Ireland-based builder said in the three months ended September 30, sales rose 3% to $6.91 billion from $6.73 billion the year prior, while net income dropped to $549 million from $809 million.
Oracle Corporation (NYSE:ORCL) stock was under pressure in premarket, down 8.6% to $105.18, after its quarterly results disappointed.
The servers and cloud services provider announced second-quarter fiscal 2024 revenue that rose 5% year over year to $12.9 billion but was short of Wall Street expectations, pitched at $13.05 billion.
Casey's General Stores Inc (NASDAQ:CASY) shares traded lower after the convenience store chain reported mixed fiscal second quarter results.
The company, whose portfolio also includes grocery items, posted a 16% year-over-year increase in diluted earnings per share to $4.24 from $3.67, topping estimates of $3.65.