Streetbeat News

Earnings

CCLD

CareCloud (NASDAQ:CCLD) reported Q2 2024 earnings of $0.18 per share, significantly beating the analyst estimate of $(0.03). However, sales of $28.09 million slightly missed the $28.10 million estimate and were down 4.33% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:02 am

INKT

MiNK Therapeutics (NASDAQ:INKT) reported a Q2 2024 GAAP EPS of $(0.07), beating the analyst consensus estimate of $(0.10) by 30%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:02 am

CIFR

Cipher Mining (NASDAQ:CIFR) reported Q2 2024 adjusted EPS of $(0.01), beating the analyst estimate of $(0.04). However, sales of $36.808 million missed the $38.062 million estimate. Sales increased by 17.88% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:02 am

BWEN

Broadwind (NASDAQ:BWEN) reported Q2 2024 GAAP EPS of $0.02, beating the $0.00 estimate, but sales of $36.452M missed the $37.448M estimate. EPS decreased by 71.43% YoY, and sales decreased by 28.30% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:02 am

VERO

Venus Concept (NASDAQ:VERO) reported Q2 2024 GAAP EPS of $(3.05), missing the $(1.46) estimate by 108.9%. Sales were $16.6M, missing the $16.977M estimate by 2.22% and down 17.31% from $20.075M last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:01 am

PSFE

Paysafe has raised its full-year 2024 sales guidance from $1.69B-$1.71B to $1.71B-$1.73B, surpassing the previous estimate of $1.71B. The updated revenue range is now $1.713B-$1.729B, while the adjusted EBITDA guidance has been slightly lowered to $471M-$484M from $473M-$488M.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:59 am

PSFE

Paysafe (NYSE:PSFE) reported Q2 2024 earnings of $0.59 per share, significantly beating the analyst consensus estimate of $0.08. The company also reported sales of $439.924 million, surpassing the estimate of $424.285 million. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:56 am

TME

Tencent Music Entertainment Group (NYSE:TME) reported a Q2 2024 revenue decline of 1.7% YoY to $985 million, missing analyst estimates. The decline was due to a drop in social entertainment revenues, partially offset by growth in online music services. Key metrics showed a decline in MAUs for both online music and social entertainment, but an increase in ARPPU for online music and a rise in online music paying users. Despite the revenue miss, the company saw a 42.8% YoY increase in operating profit and a 770 bps rise in gross margin. TME stock is trading 7.16% lower premarket.

Portfolio Pulse from Anusuya Lahiri

August 13, 2024 | 10:49 am

SE

Sea Limited shares are trading lower following mixed Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:40 am

HUYA

HUYA shares are trading higher despite a Q2 earnings miss. The company's board declared a special dividend of $1.08/ADS.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:39 am