Streetbeat News

Earnings

LICY

SIDU

TTEC

ZCAR

In Thursday's after-market session, several industrials stocks saw significant movements. Zoomcar Holdings (ZCAR) and Li-Cycle Holdings (LICY) led the gainers with over 11% increases in their stock prices, while Sidus Space (SIDU) and Royalty Management Holdings (RMCO) were among the top losers, with SIDU dropping over 25%. TTEC Holdings (TTEC) also fell by 8.31% following its Q4 earnings report.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:31 pm

ADSK

BBAI

DELL

INUV

NTAP

SOUN

In Thursday's after-market session, several information technology stocks showed significant movement. Dell Technologies, NetApp, and Autodesk reported their quarterly earnings, leading to substantial gains in their stock prices. Conversely, SoundHound AI, Inuvo, and BigBear.ai Holdings experienced declines following their earnings reports. Other notable movers included WiSA Technologies, GSE Systems, Argo Blockchain, Arlo Technologies, Ostin Technology Group, and Peraso.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:31 pm

DHIL

Diamond Hill Investment (DHIL) reported a decrease in Q4 earnings per share to $4.76 from $4.93 YoY and a sales decline to $33.82M from $34.95M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:31 pm

SOUN

SoundHound AI's shares dropped following the announcement of disappointing Q4 financial results, missing market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:31 pm

ORGN

Origin Mat (NASDAQ:ORGN) reported Q4 2023 GAAP EPS of $(0.070), surpassing the $(0.140) estimate, and sales of $13.063M, exceeding the $12.000M estimate. This represents a 163.64% decrease in earnings per share compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:30 pm

FIP

FTAI Infrastructure (NASDAQ:FIP) reported Q4 earnings with an EPS of $-0.47, missing estimates by -27.0% against an expected $-0.37. Revenue increased by $10.05 million from the previous year. The company has a history of missing EPS estimates, which previously led to a 3.0% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:30 pm

CAPR

Capricor Therapeutics (NASDAQ:CAPR) reported Q4 earnings, beating estimates with an EPS of $-0.02 against an expected $-0.09. Revenue increased by $11.13 million year-over-year. The company's past earnings performance showed a positive impact on its share price.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:30 pm

SEER

Seer (NASDAQ:SEER) reported Q4 earnings with an EPS of $-0.28, beating estimates by 24.0% but with a revenue decrease of $166 thousand from the previous year. Despite beating EPS estimates in the past, such outcomes have previously led to a 5.0% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:30 pm

RILY

B. Riley Financial's shares dropped following its Q4 financial results announcement and the initiation of a strategic review for its Appraisal and Valuation Services, and Retail, Wholesale & Industrial Solutions businesses.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:29 pm

FSR

Fisker reported preliminary Q4 2023 total revenue of $200.1M, missing the estimated $310.795M. The company also announced a delay in filing its Annual Report on Form 10-K for the year ended December 31, 2023, due to needing more time to finalize its consolidated financial statements.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:29 pm