Streetbeat News

Earnings

UHG

United Homes Gr (UHG) reported a significant decrease in Q4 EPS to $(1.38) from $0.28 YoY, while sales slightly increased to $116.83M from $115.09M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:19 am

ACIU

AC Immune SA (ACIU) reported its FY23 financial results, showcasing a significant increase in revenue to CHF14.80 million from CHF3.94 million year-over-year. The company also reported a reduced EPS loss of CHF(0.64) compared to CHF(0.85) in the previous year, alongside a strong cash balance of CHF103.1 million.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:17 am

CGEM

Cullinan Oncology (CGEM) reported a Q4 EPS loss of $(0.54), surpassing the $(0.96) estimate, marking a 40.66% improvement from last year. With $468.3M in cash and investments, they have financial runway into H2 2026.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:16 am

ECNS

IRBO

MOMO

Hello Group Inc (NASDAQ:MOMO) reported a Q4 fiscal 2023 revenue decline of 6.5% Y/Y to $423.0 million, surpassing consensus estimates. Adjusted net income per ADS was $0.37, above consensus. Despite beating estimates, MOMO shares fell 17.47% in premarket trading. The company saw a decrease in MAUs and paying users for its Tantan and Momo apps. Revenue from live video service and value-added service declined, while mobile marketing and games saw growth. Hello Group announced a special dividend and extended its share buyback program. The company forecasts a revenue decrease for Q1. MOMO can be accessed via ECNS and IRBO ETFs.

Portfolio Pulse from Anusuya Lahiri

March 14, 2024 | 11:15 am

GLUE

Monte Rosa Therapeutics (NASDAQ:GLUE) reported a Q4 EPS loss of $(0.58), missing the consensus estimate of $(0.33) by 75.76%. Despite this, the company's cash balance of $237M is expected to sustain operations into the first half of 2026, marking a slight improvement over last year's loss of $(0.63) per share.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:12 am

DKS

Dick's Sporting Goods shares surged following the announcement of robust Q4 results and the issuance of guidance surpassing consensus estimates.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:12 am

RMBL

RumbleOn announced a new three-year operating plan, projecting annual revenue to surpass $1.7 billion, with adjusted EBITDA over $150 million and adjusted free cash flow (FCF) of $90 million or more by 2026.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:12 am

BKTI

BK Technologies (AMEX:BKTI) reported a significant improvement in its quarterly earnings, posting EPS of $0.08, up from a loss of $(0.28) YoY. However, sales decreased to $16.31M from $20.34M YoY, marking a 19.81% decline.

Portfolio Pulse from totan@benzinga.com

March 14, 2024 | 11:10 am

SCWX

SecureWorks shares surged following the announcement of their Q4 financial results, which exceeded expectations. The company also provided optimistic guidance for Q1 and the full fiscal year 2025.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:09 am

VRM

Vroom's shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:09 am