Streetbeat News

Earnings

MVBF

MVB Financial (NASDAQ:MVBF) reported Q2 earnings per share of $0.31, missing the analyst consensus estimate of $0.36 by 13.89%. This represents a 50.79% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:51 pm

HLIT

Harmonic shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:50 pm

VRNS

Varonis Systems shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:50 pm

BYON

Beyond (NYSE:BYON) reported Q2 sales of $398.104 million, beating the analyst consensus estimate of $381.965 million by 4.23%. However, this represents a 5.71% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:49 pm

SYM

Symbiotic shares are trading lower after the company reported worse-than-expected Q3 earnings results and issued Q4 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:49 pm

CVRX

CVRx expects to report Q3 total revenue between $12.7M and $13.7M, with an estimate of $13.51M.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:47 pm

LNKB

Linkbancorp (NASDAQ:LNKB) reported Q2 earnings of $0.17 per share, missing the analyst estimate of $0.18. Sales were $26.35M, below the $27.79M estimate. Despite missing estimates, earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:46 pm

FFIC

Flushing Financial (NASDAQ:FFIC) reported Q2 2024 adjusted EPS of $0.18, meeting analyst expectations. However, the company missed sales estimates, reporting $46.992 million compared to the expected $47.162 million, a 0.36% shortfall and a 3.11% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:45 pm

RNGR

Ranger Energy Services (NYSE:RNGR) reported Q2 2024 earnings per share of $0.21, missing the analyst estimate of $0.22. Sales were $138.1 million, also below the $147.8 million estimate. Both EPS and sales showed declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:43 pm

SYM

Symbotic Inc (NASDAQ:SYM) shares fell 17.12% in after-hours trading following the release of its Q3 earnings report. The company reported higher-than-expected revenue but missed earnings estimates. Symbotic's cash reserves decreased, and the company cited elongated construction schedules and implementation costs as reasons for lower-than-expected gross margins. The company provided a Q4 revenue outlook of $455 million to $475 million and expects adjusted EBITDA of $28 million to $32 million.

Portfolio Pulse from Adam Eckert

July 29, 2024 | 8:43 pm