Streetbeat News

Earnings

ALVO

Alvotech reported its H1 2024 earnings per share (EPS) at $(0.61), a decline from $(0.39) year-over-year (YoY). However, the company's revenue surged to $236 million from $20.3 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:24 pm

GLOB

Globant has revised its FY24 revenue outlook from $2.405B - $2.44B to $2.407B - $2.421B, slightly below the estimated $2.427B. The adjusted EPS outlook has been updated from $6.20 - $6.50 to $6.30 - $6.50, aligning closely with the estimated $6.36.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:24 pm

HRB

H&R Block shares are trading higher after the company reported better-than-expected Q4 financial results. Additionally, the company announced a quarterly dividend increase and a $1.5 billion share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:22 pm

SHIM

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

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:22 pm

GTEC

Greenland Technologies shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:21 pm

XELA

Exela Technologies (NASDAQ:XELA) reported Q2 earnings per share (EPS) of $(4.40), an improvement from $(5.19) YoY. Sales were $245.70M, down from $272.94M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:20 pm

GLOB

Globant has announced its Q3 revenue expectations to be between $611M and $617M, slightly below the estimated $618.383M. The company also expects adjusted EPS to be between $1.60 and $1.64, aligning closely with the estimated $1.61.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:20 pm

SHIM

Shimmick (NASDAQ:SHIM) reported a significant miss in its Q2 2024 earnings and sales. The company posted an adjusted EPS of $(1.60), far below the analyst estimate of $(0.28). Sales were $90.605 million, missing the $124.150 million estimate and down 41.62% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:18 pm

GLOB

Globant (NYSE:GLOB) reported Q2 2024 adjusted EPS of $1.51, beating the estimate of $1.50. Sales were $587.46M, surpassing the $586.64M estimate. EPS increased by 11.03% YoY, and sales grew by 18.08% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:16 pm

ON

Significant investors have taken a bullish position in ON Semiconductor (NASDAQ:ON), with 60% of the options transactions being bullish. The stock is currently trading at $75.88, up by 6.75%. Analysts have set price targets ranging from $88 to $100. The anticipated earnings release is in 74 days.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 8:16 pm