Streetbeat News

Earnings

RCUS

Arcus Biosciences shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:54 pm

ADMA

AKAM

BLND

CARG

DOCN

DOCS

DXC

EVH

EXPE

G

IAG

IOVA

LLY

PAY

RKLB

SG

TTD

Expedia Group, Inc. (NASDAQ:EXPE) and several other major stocks saw significant gains on Friday following better-than-expected financial results. Expedia reported quarterly earnings of $3.51 per share, beating the consensus estimate of $3.06, and quarterly sales of $3.558 billion, surpassing the estimate of $3.534 billion. Other notable gainers include Blend Labs, Inc. (NYSE:BLND), Doximity, Inc. (NYSE:DOCS), ADMA Biologics, Inc. (NASDAQ:ADMA), Sweetgreen, Inc. (NYSE:SG), Evolent Health, Inc. (NYSE:EVH), Iovance Biotherapeutics, Inc. (NASDAQ:IOVA), CarGurus, Inc. (NASDAQ:CARG), IAMGOLD Corporation (NYSE:IAG), Genpact Limited (NYSE:G), Paymentus Holdings, Inc. (NYSE:PAY), DigitalOcean Holdings, Inc. (NYSE:DOCN), Rocket Lab USA, Inc. (NASDAQ:RKLB), Akamai Technologies, Inc. (NASDAQ:AKAM), The Trade Desk, Inc. (NASDAQ:TTD), DXC Technology Company (NYSE:DXC), and Eli Lilly and Company (NYSE:LLY).

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 4:51 pm

INDI

indie Semiconductor shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:51 pm

OMEX

Odyssey Marine Exploration shares are trading higher following the company's report of a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:47 pm

RCEL

Avita Medical shares are trading higher after the company reported better-than-expected Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:45 pm

TTD

The Trade Desk, Inc. (NASDAQ:TTD) shares are trading higher after the company reported better-than-expected Q2 2024 earnings and issued strong Q3 guidance. The company reported adjusted EPS of 39 cents, beating estimates of 35 cents, and sales of $584.55 million, surpassing estimates of $577.799 million. The Trade Desk expects Q3 revenue of at least $618 million, above analyst estimates of $577 million. Several analysts have raised their price targets following the earnings report.

Portfolio Pulse from Dylan Berman

August 09, 2024 | 4:44 pm

SSP

E.W. Scripps shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:44 pm

ACTG

Acacia Research shares are trading lower after the company reported lower-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:42 pm

SMCI

Super Micro Computer Inc (NASDAQ:SMCI) reported its fourth-quarter financial results, showing $5.31 billion in revenue and $6.25 earnings per share, which missed analyst expectations. Despite a 110% year-over-year revenue increase driven by AI infrastructure demand, shares fell 5.5% over the trailing week. The company announced a 10-for-1 stock split effective Oct. 1 and provided strong guidance for fiscal 2025.

Portfolio Pulse from Henry Khederian

August 09, 2024 | 4:42 pm

NWS

NWSA

News Corporation shares are trading higher after the company reported better-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:41 pm