Streetbeat News

Earnings

SAIC

Science Applications Intl (SAIC) reported Q4 adjusted EPS of $1.43, missing the $1.46 estimate, and sales of $1.74B, beating the $1.64B estimate. This represents a 29.9% decrease in EPS and an 11.74% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:01 am

CMAX

CareMax reported Q4 sales of $151.84M, missing the analyst consensus estimate of $190.83M by 20.43%, marking a 7.57% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:59 am

QD

Qudian Inc. (NYSE:QD) experienced a significant decline in its financial performance for Q4, with adjusted earnings per share dropping to $(0.08) from $0.30 YoY and sales decreasing to $8.98M from $23.21M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:46 am

OCS

Oculis Holding reported a Q4 GAAP EPS of CHF(0.34), an improvement from CHF(2.62) YoY. However, their grant income decreased to CHF185.00K from CHF214.00K YoY.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:37 am

ERJ

Embraer reported Q4 sales of $1.98 billion, missing the $2.00 billion estimate. However, its adjusted net income rose to $77.6 million from $43.2 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:35 am

SST

System 1 forecasts its Q1 FY24 revenue to be between $82M and $84M, significantly lower than the estimated $145.77M.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:24 am

SST

System 1 reported a net loss of $27.6 million for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:22 am

CODA

Coda Octopus Group (CODA) reported Q1 2024 earnings of $0.06 per share, surpassing the $0.01 estimate, with sales of $4.461M beating the $3.990M estimate but marking a 20.28% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:17 am

OCFT

OneConnect Financial Tech (OCFT) reported Q4 earnings with losses of $(0.31) per share, surpassing the $(1.62) estimate, marking an 80.8% beat and a 53.58% improvement from last year. However, their sales of $128.31M fell short of the $142.69M estimate, a 10.08% miss and a 26.53% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:04 am

NIU

Niu Technologies (NASDAQ:NIU) reported a Q4 fiscal 2023 revenue decline of 21.8% to $67.42 million, with a net loss per ADS of $(0.23). Despite a slight decrease in e-scooter sales, international sales grew by 33.7%. The company anticipates a revenue increase of 5% to 15% in Q1 and aims for a 41% to 69% increase in sales volume for fiscal 2024. CEO Dr. Yan Li remains optimistic about regaining market favor in 2024, highlighting the success of new models like MQiL, RQi, and XQi3.

Portfolio Pulse from Anusuya Lahiri

March 18, 2024 | 9:59 am