Streetbeat News

Earnings

VVX

V2X (NYSE:VVX) reported Q4 adjusted EPS of $1.22, surpassing the $0.33 estimate, a 269.7% beat. Quarterly sales reached $1.04B, exceeding the $1.01B estimate by 2.97% and marking a 6.32% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:29 pm

SEMR

SEMrush shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:26 pm

AVAV

AeroVironment's stock price increased following the announcement of their Q3 financial results, which exceeded expectations. Additionally, the company provided guidance for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:24 pm

PAY

Paymentus shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:20 pm

FERG

Ferguson's shares dropped due to disappointing Q2 financial results, indicating a potential concern for investors regarding the company's short-term performance.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:18 pm

GTLB

GitLab shares are trading lower following the company's announcement of Q1 and FY25 EPS guidance that fell below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:16 pm

SE

Sea Limited (NYSE:SE) reported Q4 sales surpassing estimates with $3.62 billion against the expected $3.53 billion. Despite a quarterly loss of 19 cents per share compared to last year's profit of 72 cents, the company saw a 40.6% Y/Y increase in core marketplace revenue and a 46.0% Y/Y rise in gross orders. CEO Forrest Li announced Sea's first full year of annual profit since its IPO, with a strong balance sheet and a cash position of $8.5 billion. Sea expects Shopee's GMV growth in the high teens and a positive adjusted EBITDA in H2 2023. Following the report, Sea shares rose 5.6% to $53.90, and analysts from Bernstein and JP Morgan raised their price targets to $60 and $70, respectively.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 12:13 pm

AXGN

Axogen projects its 2024 revenue to be between $177M and $181M, marking an 11%-14% increase, aligning closely with the consensus estimate of $179.22M. The company also anticipates a gross margin of 76%-79% for the same period.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:12 pm

AXGN

Axogen (NASDAQ:AXGN) reported Q4 earnings with losses of $(0.06) per share, surpassing the $(0.10) estimate, and sales of $42.90M, exceeding the $41.65M estimate. This represents a 100% increase in losses from the previous year but an 18.51% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:10 pm

AOMR

Angel Oak Mortgage REIT (AOMR) reported Q4 2023 adjusted EPS of $(0.260), missing the $0.180 estimate, and sales of $8.240M, missing the $9.002M estimate. This represents an 11.20% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:09 pm