Streetbeat News

Earnings

LIDR

AEye's shares dropped following the announcement of Q4 revenue results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:40 pm

FRGE

Forge Global Holdings (NYSE:FRGE) reported Q4 earnings with an EPS of $-0.15, missing estimates by -50.0% against an expected $-0.1. Revenue increased by $2.24 million from the same period last year. Despite past earnings misses, the share price increased by 0.0% the day after the last earnings report.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:40 pm

USEG

US Energy (NASDAQ:USEG) reported Q4 sales of $7.300 million, missing the analyst consensus estimate of $8.869 million by 17.69%. This represents a 29.63% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:39 pm

DRCT

Direct Digital Holdings (NASDAQ:DRCT) reported Q4 losses of 8 cents per share, missing the analyst consensus estimate of earnings of 26 cents. Quarterly sales were $41.01 million, below the consensus estimate of $65.95 million, but represented a 33.4% increase from the previous year. Despite the Q4 results, the company anticipates 2024 revenue to be between $170 million and $190 million, indicating a 15% year-over-year growth. Shares fell 33.04% after-hours to $17.75.

Portfolio Pulse from Erica Kollmann

March 26, 2024 | 8:36 pm

FRGE

Forge Global Holdings (FRGE) reported Q4 2023 earnings with a GAAP EPS of $(0.15), missing the $(0.10) estimate, and sales of $19.059M, missing the $19.570M estimate. This represents a 13.30% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:35 pm

WHLM

Wilhelmina International (NASDAQ:WHLM) reported a Q4 EPS of $(0.01) and sales of $3.76M, marking an 8.02% decrease from $4.09M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:35 pm

LIDR

AEye (NASDAQ:LIDR) reported Q4 earnings with an EPS of $-1.1, beating estimates by 8.0% but with a revenue decrease of $1.02 million from the previous year. Despite beating EPS estimates in past quarters, such performances were followed by share price drops, including a 3.0% decrease after the last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:35 pm

LIDR

AEye (NASDAQ:LIDR) reported Q4 earnings with a loss of $(1.10) per share, beating the $(1.20) estimate, but missed sales estimates with $69.00K versus the expected $100.00K. This represents a significant improvement in EPS from last year's $(3.30) but a sharp decline in sales from $1.09 million.

Portfolio Pulse from dijoy@benzinga.com

March 26, 2024 | 8:34 pm

ANNX

Annexon (NASDAQ:ANNX) reported Q4 earnings with losses of $(0.36) per share, surpassing the analyst consensus estimate of $(0.48) by 25%. This represents a 25% improvement over the same period last year.

Portfolio Pulse from Happy Mohamed

March 26, 2024 | 8:31 pm

IRIX

Iridex (NASDAQ:IRIX) reported Q4 earnings with an EPS of $-0.18, missing estimates by -260% and a revenue decrease of $2.74M from the previous year. Despite beating EPS estimates last quarter, this marks a significant miss.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:30 pm