Streetbeat News

Earnings

AAON

ISUN

LLAP

MATW

PCTY

STEM

In Thursday's after-market session, Paylocity Holding (PCTY) led the gainers with a 12.3% increase following their Q3 earnings release, while Terran Orbital (LLAP) led the losers, declining 19.4%. Other notable movements included iSun (ISUN) and Matthews International (MATW) with positive shifts after their earnings reports, and AAON and Stem (STEM) experiencing significant drops post their earnings announcements.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 8:31 pm

NET

OSPN

SPT

In Thursday's after-market session, several information technology stocks showed significant movement due to their Q1 earnings reports. OneSpan, Digimarc, Wetouch Technology, Clearfield, Five9, and Greenidge Generation saw gains, with OneSpan leading at a 20.2% increase. Conversely, Sprout Social, MariaDB, Marin Software, BigBear.ai, Cloudflare, and Next Technology Holding experienced declines, with Sprout Social dropping 22.8%.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 8:31 pm

COIN

Coinbase Global (NASDAQ:COIN) reported Q1 earnings with total revenue of $1.64 billion, surpassing the consensus estimate of $1.34 billion. GAAP EPS was $4.40. Net revenue increased by 72% QoQ to $1.6 billion, with transaction revenue at $1.08 billion. Institutional trading volume and active accounts reached all-time highs. Net income was $1.2 billion, including $737 million in pretax crypto asset gains. Bitcoin and Ethereum represented significant portions of trading and transaction revenue. The company's Layer 2 platform, Base, saw an 8x increase in developer activity. Coinbase anticipates Q2 subscription and services revenue between $525 million to $600 million. After the report, COIN shares dropped 3.25% in after-hours trading.

Portfolio Pulse from Chris Katje

May 02, 2024 | 8:31 pm

SPXC

SPX Technologies has raised its FY24 adjusted EPS guidance from $4.85-$5.15 to $5.15-$5.40, surpassing the $4.98 estimate. Revenue expectations were also increased from $1.93B-$2.00B to $1.965B-$2.025B, aligning closely with the $1.966B estimate.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:30 pm

AAPL

Apple reported iPhone sales of $45.93B for Q2 2024, showcasing the company's financial performance and product demand.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:30 pm

AAPL

Apple reported Q2 2024 earnings with a GAAP EPS of $1.53, surpassing the $1.50 estimate. Sales reached $90.800B, exceeding the $90.011B forecast but marking a 4.26% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:30 pm

REZI

Resideo Technologies (NYSE:REZI) reported Q1 2024 adjusted EPS of $0.47, surpassing the $0.33 estimate, with sales of $1.486B slightly beating the $1.485B estimate. This represents a decrease in earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:30 pm

HOLX

Hologic has updated its FY24 adjusted EPS outlook to $4.02-$4.12 from the previous range of $3.97-$4.12, aligning closely with the estimated $4.03. The company also adjusted its revenue forecast from $3.99B-$4.065B to a slightly narrower range of $4B-$4.05B, which is below the estimated $4.247B.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:30 pm

LBPH

Longboard Pharmaceuticals (NASDAQ:LBPH) reported Q1 earnings with losses of $(0.42) per share, surpassing the analyst consensus estimate of $(0.52) by 19.23%. This represents a 25% improvement over last year's losses of $(0.56) per share.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:28 pm

DLB

Dolby Laboratories (NYSE:DLB) reported Q2 2024 adjusted EPS of $1.27, surpassing the $1.19 estimate, and sales of $364.523M, exceeding the $359.442M estimate. This represents a slight increase in EPS and a decrease in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:28 pm