Streetbeat News

Earnings

SURG

SurgePays shares are trading lower following the announcement of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:40 pm

TNON

Tenon Medical (NASDAQ:TNON) reported Q4 earnings with an EPS of $-0.68, beating estimates by 51.0% against an expected $-1.38. Revenue increased by $531 thousand from the previous year. Despite beating EPS estimates in the past, such as in Q3 2023 by $1.34, the share price dropped by 12.0% the following day. The company's revenue has shown growth over the past four quarters.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 8:40 pm

ATER

Aterian (NASDAQ:ATER) reported Q4 earnings, beating estimated EPS by 23.0% with an EPS of $-0.1 versus an estimate of $-0.13. However, revenue decreased by $22.15 million from the same period last year. In the previous quarter, Aterian also surpassed EPS estimates, which led to a 3.0% increase in share price the following day.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 8:40 pm

LSF

Laird Superfood (AMEX:LSF) reported Q4 earnings, beating estimates with an EPS of $0.0 against an expected -$0.23, and revenue up $230k YOY. This follows a pattern of beating EPS estimates in previous quarters, with share price increases observed post-earnings.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 8:40 pm

LUNA

Luna Innovations announced a delay in the release of its Q4 results and stated that its previously issued unaudited financial statements for the quarters ended June 30, 2023, and September 30, 2023, should no longer be relied upon.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:39 pm

CORZ

Core Scientific (NASDAQ:CORZ) reported a Q4 EPS of $(0.51), improving from $(1.17) YoY, with sales rising to $141.90M from $121.30M YoY, indicating a 56.41% increase in EPS and a 16.98% increase in sales.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 8:39 pm

BIRD

Allbirds shares are trading lower due to worse-than-expected Q4 GAAP EPS results.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:39 pm

AIRE

ReAlpha Tech shares are trading lower following the company's EPS report for the eight months ended December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:39 pm

ATER

Aterian (NASDAQ:ATER) reported Q4 2023 earnings with a smaller loss per share of $(0.10) compared to the $(0.13) estimate, and sales of $32.754M exceeding the $29.337M estimate. This represents a significant improvement in losses per share from the previous year but a decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:38 pm

TNON

Tenon Medical's stock price increased following the announcement of their Q4 GAAP EPS results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:37 pm