Streetbeat News

Earnings

BZUN

Baozun reported its Q1 financial results with an adjusted EPADS of $(0.03), which is the same as the previous year. The company also reported sales of $274.19 million, beating the estimate of $269.61 million.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 10:01 am

AXSM

BOWL

DKNG

FLUT

LRMR

MOMO

MPLN

SE

SSL

Several major stocks, including Hello Group, MultiPlan Corporation, Larimar Therapeutics, Bowlero Corp, DraftKings, Axsome Therapeutics, Flutter Entertainment, Sea Limited, and Sasol Limited, experienced declines in Tuesday's pre-market trading. Hello Group's significant drop followed disappointing first-quarter results.

Portfolio Pulse from Avi Kapoor

May 28, 2024 | 9:45 am

SY

So-Young International reported a significant decline in key metrics for Q1 2024 compared to the same period last year. Average mobile MAUs dropped to 2.0 million from 3.4 million, and the number of medical service providers subscribing to its platform decreased to 1,160 from 1,419. The total number of purchasing users through reservation services was 132.8 thousand, with an aggregate transaction value of RMB367.1 million.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 9:39 am

SY

So-Young International expects Q2 2024 revenue to be between $52.6M and $55.4M, slightly below the $52.49M estimate. This represents a 2.9% to 7.8% decrease from the same period in 2023, based on current market conditions and preliminary estimates.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 9:38 am

SY

So-Young International reported its Q1 adjusted EPADS of $0.01, up from $(0.00) year-over-year, and sales of $44.08 million, beating the $42.19 million estimate.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 9:35 am

TSLA

Jim Chanos criticizes Elon Musk's recruitment efforts for his AI venture, xAI, while highlighting the irony of Musk's claims about Tesla being an AI/robotics company. This comes ahead of Tesla's annual shareholder meeting, where Musk's controversial compensation plan is up for reconsideration.

Portfolio Pulse from Shanthi Rexaline

May 28, 2024 | 9:34 am

FUTU

Futu Holdings reported significant growth in Q1 2024, with a 7% YoY increase in daily average revenue trades, a 23.5% increase in paying clients, and an 8.9% increase in margin financing and securities lending balance.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:14 am

FUTU

Futu Holdings reported strong Q1 2024 operational results with significant year-over-year growth in client assets, trading volume, and user base. Total client assets increased by 11.2% YoY to HK$517.9 billion, and total trading volume rose by 9.5% YoY to HK$1.3 trillion.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:12 am

FUTU

Futu Holdings reported significant growth in Q1 2024, with a 23.5% YoY increase in paying clients, a 15.4% YoY increase in registered clients, and a 12.3% YoY increase in total users.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:10 am

FUTU

Futu Holdings reported its Q1 adjusted EPADS of $1.03, beating the estimate of $0.87. The company's sales for the quarter were $331.27 million, surpassing the expected $312.24 million.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:06 am