Streetbeat News

Earnings

DUO

KTTA

MDXH

MU

RYDE

TBIO

VSME

U.S. stocks rose with the Nasdaq gaining over 1%, driven by Micron's strong Q4 results. Micron reported revenue of $7.75 billion and earnings of $1.18 per share, both beating estimates. Telesis Bio, Pasithea Therapeutics, and Fangdd Network saw significant stock price increases, while VS MEDIA, Ryde Group, and MDxHealth experienced declines.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 1:48 pm

DTSS

Datasea reported a significant improvement in its financial performance for FY24, with EPS increasing from $(5.70) to $(4.38) and revenue rising from $3.641M to $23.976M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:47 pm

KMX

CarMax reported mixed Q2 earnings with sales beating expectations but profits weighed down by loan losses. Despite missing EPS estimates, sales rose to $7.01 billion, surpassing forecasts. Retail used unit sales increased, but wholesale units slightly declined. The company plans to expand with new store locations.

Portfolio Pulse from Nabaparna Bhattacharya

September 26, 2024 | 1:41 pm

FXI

MU

SPY

Micron Technology's stock surged following its earnings report, positively impacting the broader chip sector. Additionally, Chinese stocks gained due to reports of economic stimulus, and the US GDP grew by 3% in the last quarter.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:34 pm

ISPR

Ispire Technology shares are trading higher after the release of their FY24 financial results, indicating positive market reception.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:31 pm

LUXH

LuxUrban Hotels' shares declined following the release of disappointing Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:29 pm

NRG

NRG Energy Inc shares rose after the company increased its 2024 financial guidance, reflecting strong operational performance. The company raised its adjusted EBITDA and free cash flow forecasts, signaling confidence in its growth strategy.

Portfolio Pulse from Adam Eckert

September 26, 2024 | 1:24 pm

FUL

H.B. Fuller Company (NYSE:FUL) reported disappointing Q3 earnings, missing estimates and revising FY24 guidance downwards. The company experienced weak demand, leading to a 6.98% drop in share price. Despite some growth in adjusted EBITDA and gross profit, the outlook remains cautious.

Portfolio Pulse from Lekha Gupta

September 26, 2024 | 1:17 pm

BTOC

Armlogi Holding reported a significant decline in its Q4 earnings per share (EPS) to $0.01 from $0.23 year-over-year, with sales also decreasing to $45.29 million from $48.08 million.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:07 pm

RAVE

Rave Restaurant Group reported a Q4 EPS of $0.06, an increase from $0.04 year-over-year, and revenue of $3.4 million, up from $3.1 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:06 pm