Streetbeat News

Earnings

GORO

IONR

KALU

USAU

Gold Resource (NYSE:GORO) reported Q1 sales with significant metal outputs and ongoing efficiency efforts. Worthington Steel (NYSE:WS) was recognized as a partner-level supplier by John Deere (NYSE:DE) for the 12th consecutive year. U.S. Gold (NASDAQ:USAU) announced a $4.9 million direct offering. Ioneer (NASDAQ:IONR) discussed progress at its Rhyolite Ridge lithium site, highlighting its contribution to America's critical minerals supply chain. Kaiser Aluminum (NASDAQ:KALU) declared a quarterly dividend of 77 cents per share.

Portfolio Pulse from Austin DeNoce

April 16, 2024 | 9:01 pm

ADSK

Autodesk Inc (NASDAQ:ADSK) shares fell in after-hours trading following an update on its delayed quarterly report due to an ongoing internal investigation into the company's free cash flow and non-GAAP operating margin practices. The investigation, which began earlier this month, does not currently impact any previously issued financial statements or the information in the company's February earnings release. However, Autodesk will not meet the deadline to file its annual report for the year ended Jan. 31, 2024, and expects to receive a Nasdaq notice for not complying with the timely filing requirement.

Portfolio Pulse from Adam Eckert

April 16, 2024 | 8:50 pm

CXAI

CXApp shares have experienced an increase in trading volume and price following the announcement of a 24% growth in Annual Recurring Revenue (ARR) for the year 2023.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:45 pm

FULT

Fulton Financial reported Q1 sales of $211.53M, missing the estimated $216.52M.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:40 pm

XWEL

XWELL, Inc. reported a significant decrease in revenue for the fiscal year 2023, with total revenue dropping to $30.1 million from $55.9 million in the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:38 pm

XELB

Xcel Brands (NASDAQ:XELB) reported Q4 earnings with a loss of $(0.24) per share, slightly better than the expected $(0.25), but missed sales estimates with $2.29M against the expected $2.46M. This represents a 25% improvement in losses and a 43.75% decrease in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:34 pm

FULT

Fulton Financial reported its Q1 adjusted earnings per share at $0.40, surpassing the analyst consensus estimate of $0.39 by 2.56%. This represents a 2.56% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:32 pm

DFLI

IDEX

JBHT

SNTG

UAL

In Tuesday's after-market session, several industrials stocks saw significant movements. Ideanomics, Sentage Holdings, and United Airlines Holdings were among the gainers, with United Airlines reporting Q1 earnings. Desktop Metal and Smart Power also rose, with Smart Power releasing Q4 earnings. Conversely, Dragonfly Energy Holdings, Greenland Technologies, and JB Hunt Transport Services were among the losers, with both Dragonfly and JB Hunt reporting their Q4 and Q1 earnings respectively.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 8:31 pm

ADSK

CXAI

VIAO

XPER

In Tuesday's after-market session, several information technology stocks showed notable movements. VIA optronics, CXApp, Akoustis Technologies, XIAO-I, Inuvo, and Banzai International were among the gainers, with VIA optronics leading by a 30.8% increase. On the downside, Xperi, Gryphon Digital Mining, Peraso, Auddia, Autodesk, and Meta Materials experienced declines, with Xperi seeing the largest drop of 16.6%. CXApp's rise was attributed to its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 8:31 pm

OTRK

Ontrak shares are trading lower following the announcement of worse-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:31 pm