Streetbeat News

Earnings

ADAG

Adagene (NASDAQ:ADAG) reported a quarterly loss of $(0.26) per share for the first half of the year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:41 pm

FBIZ

First Business Financial Services (NASDAQ:FBIZ) reported Q2 2024 adjusted earnings per share (EPS) of $1.23, surpassing the analyst consensus estimate of $1.09 by 12.84%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:41 pm

ABVE

Above Food reported FY24 revenue of $273M, down from $293M YoY. The company had a net loss of $39.5M, higher than the $33.7M loss in FY23. Gross profit was negative $4.4M, and adjusted gross profit was negative $1.2M. The company has $50M in gross debt and $0.7M in cash as of January 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:40 pm

CUZ

Cousins Properties has raised the midpoint of its FY24 Funds From Operations (FFO) guidance by $0.02 per share, adjusting the range from $2.60 - $2.67 to $2.63 - $2.68. The estimated FFO was $2.65.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:40 pm

TBBK

Bancorp (NASDAQ:TBBK) reported Q2 earnings of $1.07 per share, meeting analyst estimates and reflecting a 20.22% increase from last year. However, sales of $93.80 million missed the $96.41 million estimate, despite a 7.57% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:39 pm

GSIT

GSI Technology (GSIT) has provided its revenue outlook for the second quarter of fiscal 2025, expecting net revenues between $4.2 million and $4.8 million, with a gross margin of approximately 44% to 46%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:38 pm

CUZ

Cousins Properties (NYSE: CUZ) reported Q2 2024 earnings per share (EPS) of $0.68, surpassing the analyst estimate of $0.66. The company also reported sales of $212.978 million, exceeding the estimate of $209.372 million. This represents a 4.24% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:38 pm

GSIT

GSI Technology (NASDAQ:GSIT) reported Q1 earnings of $0.04 per share, a significant improvement from a loss of $(0.21) per share YoY. However, sales decreased by 16.40% to $4.67 million from $5.59 million YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:38 pm

ALEX

Alexander & Baldwin (NYSE:ALEX) reported Q2 2024 GAAP EPS of $0.16, beating the $0.14 estimate. Sales were $51.047M, surpassing the $48.200M estimate but down 3.87% from last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:38 pm

RBKB

Rhinebeck Bancorp reported its Q2 earnings per share (EPS) of $0.09.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:37 pm