Streetbeat News

Earnings

TEO

Telecom Argentina reported a significant increase in net income for the first half of the year, rising to P$859,223 million from P$146,409 million year-over-year. However, the company's revenue decreased by 13.3% year-over-year to P$1,666.98 million.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:46 am

HD

KYTX

PSFE

RMBL

XP

U.S. stock futures are trading higher this morning. Key stocks to watch include Home Depot, RumbleOn, Paysafe, Kyverna Therapeutics, and XP Inc. Home Depot is expected to report strong earnings, RumbleOn beat revenue estimates, Paysafe is anticipated to post solid earnings, Kyverna Therapeutics received FDA RMAT designation, and XP Inc. is expected to report earnings after the closing bell.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 7:44 am

AZTR

Anitra (AMEX:AZTR) reported a significant quarterly loss of $(2.74) per share, missing the analyst consensus estimate of $(0.36) by 661.11%. The company's sales also dropped by 56.40% year-over-year to $75.000 thousand from $172.000 thousand.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:35 am

KGS

Kodiak Gas Services has raised its 2024 guidance, now expecting Adjusted EBITDA of $590M-$610M, a $10M increase to the low end of the range. The company also anticipates generating Discretionary Cash Flow of $365M-$385M in 2024.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:33 am

KGS

Kodiak Gas Services (NYSE:KGS) reported Q2 2024 earnings of $0.06 per share, missing the analyst estimate of $0.53 by 88.68%. Sales were $309.7M, slightly below the $311.415M estimate. Despite the misses, sales increased by 52.33% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:31 am

ORLA

Orla Mining (AMEX:ORLA) reported Q2 2024 earnings per share of $0.07, meeting analyst expectations. However, the company's sales of $84.600 million slightly missed the consensus estimate of $84.635 million. Despite the miss, sales increased by 42.73% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:29 am

IMOS

ChipMOS TECHNOLOGIES reported Q2 earnings per ADS of $0.38, down from $0.53 year-over-year, while sales increased to $179.00 million from $174.80 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:01 am

CALT

Calliditas Therapeutics (NASDAQ:CALT) reported Q2 2024 GAAP EPS of $(0.17), missing the $(0.13) estimate, but achieved sales of $52.351M, beating the $42.952M estimate. EPS improved by 49.23% YoY, and sales increased by 104.45% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 5:40 am

VALN

Valneva reaffirmed its 2024 financial guidance, expecting total revenues between €170M and €190M, with R&D investments between €60M and €75M. The company also anticipates other income between €100M and €110M, including €95M from the PRV sale.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 5:31 am

VALN

Valneva reported H1 revenue of €70.8M, down from €73.7M year-over-year, but net profit increased to €34M from a net loss of €35M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 5:30 am