Streetbeat News

Earnings

GV

Visionary Holdings reported a net income of $0.97 million for FY24, a significant improvement from a net loss of $3.57 million last year. Revenues increased by 11.2% to $9.4 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 10:05 pm

HRB

H&R Block Inc (NYSE:HRB) reported strong Q4 earnings, beating revenue and EPS estimates. The company announced a $1.5 billion share buyback program and increased its quarterly dividend by 17%. H&R Block provided strong guidance for FY25, expecting revenue and adjusted earnings to exceed estimates. The stock rose 9.24% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 15, 2024 | 9:12 pm

USAS

Americas Gold And Silver (AMEX:USAS) reported better-than-expected Q2 results with EPS of $(0.02) beating the $(0.04) estimate and sales of $31.60M surpassing the $26.20M estimate. This represents a significant improvement over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:48 pm

LIN

Financial giants have made a bearish move on Linde (NASDAQ:LIN) with 60% of recent options trades showing bearish tendencies. The stock is currently trading at $456.14, up by 1.1%, with analysts maintaining high target prices. Significant options trades suggest a price range of $400 to $500.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 8:47 pm

ICG

Intchains Group reported Q2 earnings per share (EPS) of $0.06, surpassing the estimate of $0.04. The company's sales for the quarter were $16.93 million, exceeding the expected $12.08 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:44 pm

CSCO

LULU

MRVL

ON

QQQ

SMCI

SMH

The Nasdaq 100, tracked by the Invesco QQQ Trust (QQQ), has experienced its best six-day rally since late 2022, closing 2.5% higher on Thursday. Semiconductor stocks, tracked by the VanEck Semiconductor ETF (SMH), also saw significant gains. Top performers included Marvell Technology (MRVL), Super Micro Computer (SMCI), Cisco Systems (CSCO), ON Semiconductor (ON), and Lululemon Athletica (LULU). The rally is driven by easing recession fears and better-than-expected economic data.

Portfolio Pulse from Piero Cingari

August 15, 2024 | 8:42 pm

CLOE

Clover Leaf Capital (NASDAQ:CLOE) reported a Q2 EPS loss of $(0.07), which is an improvement from the $(0.08) loss per share in the same period last year, marking a 12.5% increase.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:42 pm

ICG

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

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:39 pm

ALVO

Alvotech shares are trading lower following the release of their H1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:38 pm

CLRO

ClearOne (NASDAQ:CLRO) reported a significant decline in its Q2 financial performance, with EPS dropping to $(0.11) from $(0.04) YoY and sales falling to $2.30M from $5.48M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:36 pm