Streetbeat News

Earnings

CVGI

Commercial Vehicle Group (NASDAQ:CVGI) reported Q3 earnings of $0.22 per share, missing the analyst consensus estimate of $0.24 by 8.33%. The company also reported quarterly sales of $246.70 million, missing the analyst consensus estimate of $252.16 million by 2.17%. Despite the miss, the earnings represent a 46.67% increase over the same period last year, while sales decreased by 1.87% compared to last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:18 pm

AMSC

American Superconductor (NASDAQ:AMSC) reported Q2 sales of $34.00 million, beating the analyst consensus estimate of $30.40 million by 11.86 percent. This represents a 22.85 percent increase over sales of $27.68 million in the same period last year.

Portfolio Pulse from mahesh@benzinga.com

November 01, 2023 | 9:17 pm

EXAS

Exact Sciences has projected its FY23 revenue to be between $2.476B and $2.486B, which is higher than the estimated $2.46B.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:17 pm

INN

Summit Hotel Properties (NYSE:INN) reported Q3 2023 earnings of $0.22 per share, a 12% decrease YoY. However, the company's quarterly sales of $181.82M beat the analyst consensus estimate of $180.50M by 0.73%, marking a 2% increase YoY.

Portfolio Pulse from totan@benzinga.com

November 01, 2023 | 9:16 pm

BXP

Boston Properties has revised its FY23 FFO per share guidance from a range of $7.24-$7.29 to a narrower range of $7.25-$7.27.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:16 pm

RANI

Rani Therapeutics has released its preliminary Q3 2023 financial results. The company estimates that its cash, cash equivalents, and marketable securities will be around $60.5 million as of September 30, 2023. Rani also estimates a net loss between $17.0 million and $19.0 million for Q3 2023, compared to $16.2 million for Q3 2022. The net loss includes an estimated stock-based compensation expense of approximately $5.0 million for Q3 2023.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:16 pm

QTWO

Q2 Holdings (NYSE:QTWO) reported Q3 2023 earnings of $0.21 per share, beating the analyst consensus estimate of $0.19 by 10.53%. However, the company's quarterly sales of $154.97 million missed the analyst consensus estimate of $155.44 million by 0.30%.

Portfolio Pulse from saritha@benzinga.com

November 01, 2023 | 9:16 pm

MIR

Mirion Technologies (NYSE:MIR) reported Q3 2023 earnings of $0.05 per share, a 66.67% increase YoY. The company also reported sales of $191.20 million, an 18.83% increase YoY.

Portfolio Pulse from vinayak@benzinga.com

November 01, 2023 | 9:15 pm

TPVG

TriplePoint Venture Gwth (NYSE:TPVG) reported Q3 earnings of $0.54 per share, beating the analyst consensus estimate of $0.51 by 5.88%. This is a 5.88% increase from the same period last year. The company also reported quarterly sales of $35.74 million, beating the analyst consensus estimate of $33.71 million by 6.02%. This is a 20.34% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 01, 2023 | 9:15 pm

SEMR

SEMrush Hldgs (NYSE:SEMR) reported Q3 2023 earnings of $0.03 per share, beating the analyst consensus estimate of $0.02 by 50%. This is a 150% increase over losses of $(0.06) per share from the same period last year. The company also reported quarterly sales of $78.72 million, beating the analyst consensus estimate of $78.70 million by 0.02%. This is a 19.64% increase over sales of $65.79 million the same period last year.

Portfolio Pulse from totan@benzinga.com

November 01, 2023 | 9:14 pm