Ambarella Falls 21% on Q1 Beat as Guidance Lands In-Line
Ambarella stock tumbled 21% Friday despite a Q1 FY27 earnings beat. In-line Q2 guidance disappointed a market priced for upside.
Earnings
Analysis of company earnings, guidance, margins, cash flow, and the market’s reaction. We separate reported results from estimates and explain the operating metrics behind headline numbers.
Okta Surges 23% on Q1 Beat, Raises FY27 on AI Agents
Okta beat Q1 FY27 estimates on $765M revenue and $0.91 non-GAAP EPS, raised full-year guidance, and pitched identity as the control plane for AI agents.
Dell Surges 35% on AI Boom: $51B Backlog, $60B FY27 Outlook
Dell Q1 FY27 posts record $43.8B revenue (+88%), AI server revenue jumps 757%, backlog hits $51.3B. FY27 AI guide raised to $60B.
Best Buy Jumps 18% on Q1 Beat, Names Bonfig as Next CEO
Best Buy comp sales rose 2% in Q1 FY27, EPS jumped 38% to $1.31, and CFO Jason Bonfig will succeed Corie Barry as CEO on Nov 1. Stock +18%.
Snowflake Surges 35% on Q1 Beat, Lifts FY27 to $5.84B
Snowflake Q1 product revenue grew 34% to $1.334B and RPO hit $9.21B as the data cloud raised FY27 guide to $5.84B, sending SNOW up roughly 35%.
DICK’S Q1: Sales +63%, Stock -6% on EPS Outlook Cut
DICK’S Sporting Goods Q1 sales jumped 63% as Foot Locker turned profitable, but DKS fell 5.97% after the retailer trimmed its GAAP EPS outlook.
AutoZone Falls 9% as International Comps Slow to 1.6%
AutoZone (AZO) closed down 8.99% to $3,100.11 on May 26, 2026 after Q3 FY26 EPS of $38.07 beat, but constant-currency international comps slowed to 1.6%.
Wix to Cut 1,000 Jobs as Base44 AI Bet Hits Margins
Wix is cutting ~20% of staff after a $57.5M Q1 loss, with the Base44 AI bet reshaping costs and the stock pinned at 52-week lows.
Salesforce Q1 FY27 Preview: Agentforce Meets a -33% Stock
Salesforce reports Q1 FY27 on May 27, 2026. Revenue guide is $11.03-$11.08B; non-GAAP EPS guide is $3.11-$3.13. The number that matters: Agentforce ARR.
Zoom’s Anthropic Stake Hits $1.3B: A 25x CVC Win
Zoom’s Q1 FY27 filing disclosed its $51M Anthropic stake is now worth about $1.3B — roughly 25x in two years. What the markup means for corporate venture.