Streetbeat News

Earnings

HOLX

Hologic, Inc. (HOLX) shares surged following the announcement of its Q2 earnings, which exceeded expectations. Additionally, the company has narrowed its future earnings guidance, signaling confidence in its financial outlook.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:51 pm

STEM

Stem Inc. (STEM) reported Q1 2024 earnings with a GAAP EPS of $(0.46), missing the $(0.20) estimate, and sales of $25.469M, falling short of the $57.111M estimate. This represents a significant decrease in performance compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:51 pm

PLMR

Palomar Holdings (PLMR) reported Q1 2024 adjusted EPS of $1.09, surpassing the consensus estimate of $0.94 by 15.96%, and a 36.25% increase from the previous year's $0.80. Sales rose to $107.866M, a 29.58% increase from $83.241M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:50 pm

EXPE

Expedia Group's stock is trading lower following the company's announcement of a reduction in its full-year guidance.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:50 pm

STEM

Stem Inc. (STEM) reported Q1 earnings with a loss of $(0.46) per share, missing the $(0.21) estimate, and sales of $25.47M, falling short of the $57.11M estimate. This represents a significant decrease from the previous year's performance.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:50 pm

FIVN

Five9 has provided its Q2 revenue and adjusted EPS forecasts, expecting revenues of $244M-$245M, below the estimated $248.02M, and an adjusted EPS of $0.42-$0.44, with the high end meeting the estimate of $0.44.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:50 pm

CLFD

Clearfield reported better-than-expected Q2 results and increased its repurchase authorization, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:49 pm

AXTI

AXT (NASDAQ:AXTI) reported Q1 2024 earnings with a smaller loss per share of $(0.05) compared to the expected $(0.09), and sales of $22.688M, surpassing the $21.564M estimate. This represents a 37.5% improvement in losses and a 16.92% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:48 pm

COHU

Cohu Inc. has provided guidance for its Q2 sales, expecting them to be around $105 million, plus or minus $6 million, which is below the estimated $108.11 million.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:48 pm

AMGN

Amgen's stock price increased following the announcement of their Q1 financial results, which exceeded expectations. Additionally, the company disclosed a $50 million milestone payment received from Royalty Pharma.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:46 pm