Streetbeat News

Earnings

WPRT

Westport Fuel Systems (NASDAQ:WPRT) reported Q4 earnings with losses of $(0.81) per share, missing the $(0.51) estimate by 58.82%, but saw a 19% improvement over last year's $(1.00) loss. Sales reached $87.20M, slightly above the $86.49M estimate, marking an 11.79% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 9:10 pm

HLGN

Heliogen (OTC:HLGN) reported Q4 earnings with an EPS of $-4.32, missing estimates by -16.0% and a revenue decrease of $5.88 million from the previous year. Despite beating EPS estimates last quarter, this marks a significant downturn.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:10 pm

WPRT

Westport Fuel Systems (NASDAQ:WPRT) reported Q4 earnings with an EPS of $-0.81, missing estimates by -59.0% against an expected $-0.51. Revenue increased by $9.20 million from the same period last year. Despite missing EPS estimates last quarter, the share price increased by 1.0% the following day. Historical earnings performance shows mixed results over the past quarters.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:05 pm

MPTI

M-Tron Industries (AMEX:MPTI) reported a 57.14% decrease in Q4 EPS to $0.03 from $0.07 last year, despite a 24.21% increase in sales to $10.77M from $8.67M in the same period.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 9:02 pm

VFF

Germany's recent legalization of cannabis has positioned Village Farms International, Inc. (NASDAQ:VFF) as a key player in the expanding European market. With its EU GMP certification and successful shipments of Canadian strains to Germany, Village Farms is capitalizing on the growing German market, projected to reach €1.7 billion by 2025. The company's strong performance, highlighted by record fourth-quarter sales and an attractive valuation, underscores its operational efficiency and strategic focus on Europe.

Portfolio Pulse from Jelena Martinovic

March 25, 2024 | 8:52 pm

BZFD

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

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:50 pm

TIVC

Tivic Health Systems (NASDAQ:TIVC) reported a significant improvement in Q4 earnings per share, posting $0.20, up from a loss of $(23.00) YoY. However, sales decreased by 12.50% to $357.00K from $408.00K YoY.

Portfolio Pulse from Happy Mohamed

March 25, 2024 | 8:50 pm

AP

Ampco-Pittsburgh (NYSE:AP) reported a Q4 adjusted EPS loss of $(0.12), a significant decrease from $(0.02) YoY. However, sales increased by 15.58% to $108.11M from $93.53M YoY.

Portfolio Pulse from Happy Mohamed

March 25, 2024 | 8:46 pm

STOK

Stoke Therapeutics, Inc. (NASDAQ:STOK) reported Q4 financial results, beating the analyst consensus on EPS with losses of 60 cents per share but missing on sales with $2.8 million. The company announced positive Phase 1/2a study data for STK-001 in treating Dravet syndrome, showing significant reductions in seizure frequency and cognitive improvements. The FDA has cleared STK-001 for increased dosing. Shares surged 71.08% after-hours to $11.12.

Portfolio Pulse from Erica Kollmann

March 25, 2024 | 8:40 pm

BZFD

BuzzFeed (NASDAQ:BZFD) reported Q4 2023 GAAP EPS of $0.03, missing the $0.06 estimate, and sales of $75.7M, below the $104.6M estimate. This represents a 43.77% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:36 pm