Petr Huřťák

Pool products retailer Leslie's (NASDAQ:LESL) missed analysts' expectations in Q1 CY2024, with revenue down 11.4% year on year to $188.7 million. On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $1.44 billion at the midpoint. It made a non-GAAP loss of $0.17 per share, down from its loss of $0.14 per share in the same quarter last year.

Business communications software company 8x8 (NYSE:EGHT) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 2.8% year on year to $179.4 million.

Slot machine and terminal operator Accel Entertainment (NYSE:ACEL) reported Q1 CY2024 results topping analysts' expectations , with revenue up 2.9% year on year to $301.8 million. It made a GAAP profit of $0.09 per share, down from its profit of $0.11 per share in the same quarter last year.

Global media and publishing company News Corp (NASDAQ:NWSA) missed analysts' expectations in Q1 CY2024, with revenue flat year on year at $2.42 billion. It made a GAAP profit of $0.05 per share, down from its profit of $0.09 per share in the same quarter last year.

Chip designer Allegro MicroSystems (NASDAQ:ALGM) reported results ahead of analysts' expectations in Q1 CY2024, with revenue down 10.7% year on year to $240.6 million. On the other hand, next quarter's revenue guidance of $165 million was less impressive, coming in 22.7% below analysts' estimates. It made a non-GAAP profit of $0.25 per share, down from its profit of $0.37 per share in the same quarter last year.

Cloud computing provider DigitalOcean (NYSE: DOCN) will be reporting earnings tomorrow before market hours. Here's what you need to know.

Shares of pool products retailer Leslie's (NASDAQ:LESL) jumped 18.2% in the afternoon session after the company reported first-quarter results.

Shares of global media and entertainment company iHeartMedia (NASDAQ:IHRT) fell 30.2% in the afternoon session after the company reported first-quarter results. Its operating margin missed and its revenue fell short of Wall Street's estimates. Sales declined by $12.2 million (-1.5% y/y) due to a decrease in broadcast advertising given uncertain market conditions. Free cash flow also turned negative. On top of that, next quarter's revenue guidance fell short. Overall, this was a bad quarter for iHeartMedia.

Web content delivery and security company Akamai (NASDAQ:AKAM) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 7.8% year on year to $987 million. On the other hand, next quarter's revenue guidance of $976.5 million was less impressive, coming in 2.5% below analysts' estimates. It made a GAAP profit of $1.11 per share, improving from its profit of $0.62 per share in the same quarter last year.

Mobile game developer Skillz (NYSE:SKLZ) fell short of analysts' expectations in Q1 CY2024, with revenue down 43.1% year on year to $25.24 million. It made a GAAP loss of $1.45 per share, improving from its loss of $1.70 per share in the same quarter last year.