Streetbeat News

Earnings

UBER

Uber Technologies Inc. (NYSE:UBER) reported strong second-quarter financial results, surpassing market expectations with $10.7 billion in revenue and 47 cents earnings per share. The company saw significant growth in Latin America and the Asia Pacific regions and made strides in autonomous vehicle technology through partnerships with Waymo and Waabi. Following the positive results, Uber's stock rebounded by 10%, creating new support at $63.

Portfolio Pulse from Zaheer Anwari

August 07, 2024 | 2:28 pm

OUT

OUTFRONT Media shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:26 pm

LRN

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

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:25 pm

MDGL

Madrigal Pharmaceuticals shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:22 pm

BL

BlackLine shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:21 pm

SKY

Skyline Champion shares are trading higher after the company reported better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:20 pm

AYRWF

AYR Wellness Inc. reported a challenging Q2 2024 with a drop in revenue and gross profit, but remains optimistic about future growth, particularly in Ohio's cannabis market. The company saw a 16.6% YoY and 6.9% QoQ drop in gross profit, and a net loss of $39.3 million. Despite these setbacks, AYR launched recreational cannabis sales in Ohio and plans to improve its adjusted EBITDA margins in the second half of 2024.

Portfolio Pulse from Jelena Martinovic

August 07, 2024 | 2:13 pm

RPD

Rapid7 shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:11 pm

RIVN

SHOP

SPY

Indexes are recovering from recent losses. Shopify's stock rises after strong Q2 earnings, while Rivian's stock falls due to a Q2 earnings miss.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:10 pm

DT

Dynatrace, Inc. (NYSE:DT) shares surged 15.5% after reporting better-than-expected Q1 2025 results. The company posted a 20% YoY revenue growth to $399.22 million, beating the consensus of $391.758 million. Adjusted EPS was $0.33, surpassing the estimate of $0.29. ARR increased by 19% YoY, and subscription revenues rose 21% YoY. The company also repurchased 1.1 million shares for $50 million. Dynatrace reaffirmed its 2025 outlook with expected revenue of $1.644 billion – $1.658 billion and adjusted EPS of $1.26 – $1.29.

Portfolio Pulse from Akanksha Bakshi

August 07, 2024 | 2:09 pm