Streetbeat News

Earnings

DAVE

Dave Inc. (NASDAQ:DAVE) reported a 22.82% increase in quarterly sales, reaching $73.20 million up from $59.60 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:33 pm

APGE

Apogee Therapeutics' shares surged following the announcement of positive interim results from its Phase 1 trial of APG777 and the release of its FY23 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:32 pm

LVTX

LAVA Therapeutics announced that Pfizer has reached a clinical development milestone for PF-08046052, resulting in a $7M payment to LAVA. This achievement marks a significant step in the collaboration between the two companies.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:31 pm

STIM

Neuronetics (NASDAQ:STIM) reported Q4 GAAP EPS of $(0.19), surpassing the $(0.26) estimate, and sales of $20.31M, exceeding the $19.85M estimate. This represents a 36.67% increase in EPS and an 11.63% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:31 pm

AAPL

Jim Cramer has expressed concern over Apple Inc.'s future in China following a 24% drop in iPhone sales in the first six weeks of 2024, including the Lunar New Year period. This decline is part of a broader trend of challenges for Apple in China, including a rare iPhone discount during the Lunar New Year sale to counter economic deflation, price cuts by resellers, and adverse impacts from China's iPhone ban and security advisories. Apple's December 2023 quarter already showed a 13% decline in iPhone sales in China, marking it as a weak quarter. Additionally, competition from Huawei's resurgence is intensifying the situation.

Portfolio Pulse from Rounak Jain

March 05, 2024 | 12:30 pm

VVX

V2X (NYSE:VVX) reported Q4 adjusted EPS of $1.22, surpassing the $0.33 estimate, a 269.7% beat. Quarterly sales reached $1.04B, exceeding the $1.01B estimate by 2.97% and marking a 6.32% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:29 pm

SEMR

SEMrush shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:26 pm

AVAV

AeroVironment's stock price increased following the announcement of their Q3 financial results, which exceeded expectations. Additionally, the company provided guidance for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:24 pm

PAY

Paymentus shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:20 pm

FERG

Ferguson's shares dropped due to disappointing Q2 financial results, indicating a potential concern for investors regarding the company's short-term performance.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:18 pm