
Closing Bell Overtime: The Bear Bounce Battle 8/2/22
Closing Bell
00:00
The Stock Is Still One of the Best in Breed Companies
The revenue. beat, four, but it was more ofout muted beat than we've seen in previous quarters,. Earnings per share also came in higher, but what we're seeing is revenue guidance. This is a huge concern. Even though the company had an analyst day back in june and they provided their expectations for their guidance. The street was ext expecting six point eight two billion. So that's lower than anticipated. And oh, alsogo margins here. Gross margins came in at forty 6 %. That is a decrease of two per centage points, year per year. Ah, so those are probably some of the biggest things right now, just the guidance, which is
Play episode from 10:05
Transcript


