Streetbeat News

Earnings

QSG

QuantaSing, identified by the ticker QSG, has projected its revenues for Q3 2024 to be between RMB900 million and RMB930 million, marking an 11.5% to 15.2% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 1:54 pm

CMPO

CompoSecure, Inc. (NASDAQ:CMPO) exceeded Q4 earnings and sales expectations, reporting adjusted earnings of 26 cents per share and quarterly sales of $99.90 million. The company forecasts FY24 net sales between $408 million to $428 million, surpassing estimates. Shares closed at $4.70. B. Riley Securities and Benchmark raised their price targets for CMPO, maintaining Buy ratings.

Portfolio Pulse from Avi Kapoor

March 07, 2024 | 1:54 pm

DXCM

PLTR

SLG

SL Green Realty, Palantir Technologies, and DexCom were featured on CNBC's 'Final Trades'. SL Green Realty reported weaker-than-expected Q4 results. Palantir was awarded a $178.4 million Army contract for the TITAN ground station system. DexCom's Stelo Glucose Biosensor System received FDA approval as the first OTC continuous glucose monitor. Shares of SLG, PLTR, and DXCM saw gains in their recent trading sessions.

Portfolio Pulse from Avi Kapoor

March 07, 2024 | 1:51 pm

GWRS

Global Water Resources Inc (NASDAQ:GWRS) reported Q4 FY23 sales growth of 11.4% year-on-year to $12.368 million, surpassing analyst estimates. The growth was primarily due to new connections from the acquisition of Farmers Water. Operating income rose 34.8% to $1.66 million, and active service connections increased by 9.8%. Adjusted EPS was $0.07, above analyst expectations of $0.04. The company ended the quarter with $4.76 million in cash.

Portfolio Pulse from Shivani Kumaresan

March 07, 2024 | 1:45 pm

BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) reported a 64% increase in Bitcoin mined in February 2024 compared to the previous year, totaling 287 Bitcoins. The company introduced its first Bitcoin mining chip, the 4nm SEAL01, designed for the new SEALMINER A1 machines, marking its entry into the ASIC production space. Bitdeer also announced progress on its infrastructure projects, including the commencement of land preparation for a 221MW datacenter in Ohio and the ongoing construction of a 175MW immersion cooling datacenter in Norway, both expected to be operational by mid-2025.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 1:44 pm

ETWO

E2open Parent Holdings, Inc. (NYSE:ETWO) announced the initiation of a strategic review to enhance shareholder value and strengthen its position in the supply chain management software market. The company reaffirmed its FY24 revenue guidance of $628M-$633M. The review aims to explore options for growth and value creation without a set deadline for completion. E2open's financial advisors for the review are Rothschild & Co and Citi, with Kirkland & Ellis as legal counsel.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 1:43 pm

AFCG

AFC Gamma (NASDAQ:AFCG) reported Q4 adjusted earnings of $0.49 per share, missing the consensus estimate of $0.50 by 2%. Year-over-year, this represents a 20.97% decrease from $0.62 per share. Quarterly sales were $15.97 million, exceeding estimates of $15.79 million by 1.16%, but marking an 18.93% decrease from $19.70 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 1:40 pm

TTC

Toro reported its Q1 adjusted earnings per share (EPS) at $0.64, missing the estimated $0.66. Sales were reported at $1.02 billion, also missing the estimated $1.04 billion.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 1:39 pm

TTC

The Toro Company has reaffirmed its forecast for the fiscal year 2024 adjusted diluted earnings per share (EPS) to be in the range of $4.25 to $4.35, aligning closely with the consensus estimate of $4.29.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 1:38 pm

UP

Wheels Up Experience (NYSE:UP) reported a significant improvement in Q4 EPS to $(0.14) from $(2.70) YoY, but missed sales estimates with $246.38M against the expected $390.10M. Sales also decreased by 39.65% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 1:37 pm