Streetbeat News

Earnings

AXTI

AXT shares are trading higher following the announcement of their Q1 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:30 pm

MRIN

Marin Software's shares declined following the announcement of a year-over-year decrease in Q1 revenue results.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:30 pm

ESGR

Enstar Gr reported a significant decrease in Q1 earnings and sales YoY, with EPS dropping to $8.02 from $24.79 and sales falling to $250M from $632M.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:30 pm

CLAR

Clarus Corporation (NASDAQ:CLAR) reported Q1 sales of $69.311M, surpassing the analyst consensus estimate of $64.333M by 7.74%, but marking a 1.38% decrease from the previous year's sales of $70.278M.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:29 pm

CTOS

Custom Truck One Source's shares dropped following disappointing Q1 financial results and a reduced revenue forecast for FY24.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:29 pm

HTGC

Hercules Capital (NYSE:HTGC) reported Q1 2024 earnings of $0.50 per share, missing the consensus estimate of $0.51 by 1.96%. However, their sales of $121.553M exceeded the estimate of $119.016M by 2.13%, marking a 15.67% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:28 pm

REZI

Resideo Technologies, Inc. has reaffirmed its full-year 2024 net revenue forecast to be in the range of $6.08 billion to $6.28 billion, aligning with analysts' expectations of approximately $6.157 billion. Additionally, the company has raised its adjusted earnings per share (EPS) forecast from the previously estimated range of $1.48-$1.88 to a new range of $1.90-$2.30, surpassing the analysts' consensus of $1.65.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:28 pm

SHBI

Shore Bancshares (NASDAQ:SHBI) reported Q1 earnings of $0.25 per share, missing the consensus estimate of $0.32, and sales of $41.13M, below the $42.19M estimate. This represents a 28.57% decrease in earnings per share and a 60.03% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:27 pm

FOXF

Fox Factory Holding's shares dropped following the announcement of Q1 financial results and future revenue guidance for Q2 and FY24, which fell below market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:27 pm

ARDX

Ardelyx shares are trading higher following the announcement of better-than-expected financial results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:25 pm