After-Hours Movers:
Planet Labs PBC (NYSE:PL) 15% LOWER; reported Q1 EPS of ($0.13), $0.02 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $52.7 million versus the consensus estimate of $52.92M. Planet Labs sees Q2 2024 revenue of $53-55M, versus the consensus of $60.7M. Non-GAAP Gross Margin is expected to be in the range of approximately 48% to 49%. Adjusted EBITDA loss is expected to be in the range of approximately ($20)M and ($17)M. Planet Labs sees FY2024 revenue of $225-235M, versus the consensus of $257M.
Braze Inc (NASDAQ:BRZE) 8% HIGHER; reported Q1 EPS of ($0.13), $0.05 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $101.8M versus the consensus estimate of $98.99M. Braze, Inc. sees Q2 2024 EPS of ($0.13)-($0.14), versus the consensus of ($0.16). Braze, Inc. sees Q2 2024 revenue of $108-109M, versus the consensus of $107.18M. Braze, Inc. sees FY2024 EPS of ($0.51)-($0.55), versus the consensus of ($0.55). Braze, Inc. sees FY2024 revenue of $442.5-446.5M, versus the consensus of $436.43M.
DocuSign (NASDAQ:DOCU) 6% HIGHER; reported Q1 EPS of $0.72, $0.17 better than the analyst estimate of $0.55. Revenue for the quarter came in at $661.4M versus the consensus estimate of $641.69M. DocuSign Inc . sees Q2 2024 revenue of $675-679M, versus the consensus of $670.4M. DocuSign Inc. sees FY2024 revenue of $2.713-2.725B, versus the consensus of $2.7B.
Tesla, Inc. (NASDAQ:TSLA) 3% HIGHER; GM to use Tesla's NACS connector design and charging stations.
General Motors (NYSE:GM) 3% HIGHER; teams with Tesla on EV charging.