Streetbeat News

Earnings

IONM

Assure Holdings announced that its unaudited financial statements for the quarterly periods ending March 31, June 30, and September 30, 2023, should not be relied upon due to errors, as per an SEC filing. However, these errors do not affect the company's cash position at the end of the non-reliance periods.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:49 pm

FCAP

First Cap (NASDAQ:FCAP) reported a decrease in Q1 earnings per share to $0.88, down 22.81% from $1.14 YoY.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:45 pm

Scienjoy Holding forecasts Q1 2024 revenue to be between RMB310 million and RMB320 million, reflecting its preliminary view on market and operational conditions.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:38 pm

Scienjoy Holding reported a significant downturn in its FY23 financial results, with a net loss of $4.9 million compared to a net income of $195.2 million in FY22. Revenues fell by 25% to $206.3 million, primarily due to decreased paying users and ARPPU in China's competitive mobile live streaming market. Operating expenses rose by 27.4%, while sales and marketing expenses decreased. The company also faced investment losses and impairments, contributing to the overall net loss. Despite these challenges, cash and cash equivalents increased by 17.2% to $28.9 million.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:37 pm

EBON

Ebang Intl Hldgs (NASDAQ:EBON) reported a narrower FY EPS loss of $(5.86) compared to $(7.03) YoY, but sales plummeted to $4.86M from $32.33M YoY, indicating a significant revenue decline.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:37 pm

CBFV

CB Financial Services (NASDAQ:CBFV) reported Q1 earnings of $0.62 per share, surpassing the analyst consensus of $0.55 by 12.73%, but marking a 19.48% decrease from last year's $0.77 per share.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:36 pm

AFBI

Affinity Bancshares (NASDAQ:AFBI) reported a decrease in quarterly earnings to $0.20 per share, down 23.08% from $0.26 per share YoY.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:34 pm

HFBL

Home Federal Bancorp (NASDAQ:HFBL) reported a decrease in quarterly earnings to $0.24 per share, down 29.41% from $0.34 per share YoY.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:32 pm

ACCD

AKAN

BJDX

CMPX

CPHI

IMNN

In Friday's after-market session, several healthcare stocks showed notable movements. Bluejay Diagnostics, China Pharma Holdings, and Imunon were among the top gainers, with increases of 11.0%, 10.15%, and 7.63% respectively. On the losing end, Compass Therapeutics, Akanda, and Portage Biotech saw significant declines. Accolade also rose by 5.83% following their Q4 earnings release.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 8:31 pm

CVX

GOOGL

META

MSFT

QQQ

TSLA

XOM

Tech stocks, as tracked by the Invesco QQQ Trust, saw their best week in 2024, driven by reduced geopolitical tensions and strong corporate earnings, despite inflation concerns and slowing U.S. economic growth. Tesla Inc. experienced a significant rebound, while energy stocks like Exxon Mobil Corp. and Chevron Corp. faced declines after disappointing earnings. Meta Platforms Inc. reported strong earnings but projected weaker future revenue and higher costs. U.S. Treasury yields reached a six-month high, affecting mortgage rates. Artificial intelligence gains prominence with Microsoft Corp. and Alphabet Inc. leading the charge. Elon Musk criticized potential U.S. bans on TikTok, and Jamie Dimon highlighted risks of stagflation.

Portfolio Pulse from Piero Cingari

April 26, 2024 | 8:28 pm