Streetbeat News

Earnings

BBSI

Barrett Business Services, known as BBSI, forecasts a gross billings growth of 6%-8% for the fiscal year 2024, indicating a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:35 pm

ORN

Orion Group Holdings (NYSE:ORN) reported Q4 2023 adjusted EPS of $0.08, surpassing the $0.04 estimate, with sales of $201.59M exceeding the $191.31M forecast. This represents a 2.75% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:35 pm

AMRC

Ameresco (NYSE:AMRC) reported Q4 2023 adjusted EPS of $0.69, surpassing the $0.57 estimate, with sales of $441.37M exceeding the $399.97M forecast. This represents a 33.05% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:34 pm

ESTA

Establishment Labs shares surged following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:33 pm

MARA

Marathon Digital Holdings (MARA) reported Q4 2023 adjusted EPS of $(0.02), missing the $0.03 estimate, but sales of $156.77M exceeded the $144.08M estimate, marking a 451.67% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:33 pm

DMRC

Digimarc (NASDAQ:DMRC) reported Q4 2023 adjusted EPS of $(0.28), surpassing the $(0.32) estimate, and sales of $9.28M, exceeding the $9.10M estimate. This represents a significant improvement over the previous year, with a 31.71% decrease in losses per share and a 28.62% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:33 pm

ARIS

Aris Water Solutions projects significant positive free cash flow for FY24, with a focus on cash generation through greater asset efficiency and improved cost structure. The company expects full-year produced water volumes to grow 2-5%, excluding the impact of a 2023 asset divestiture. Water solutions volumes are forecasted to be flat with 2023, between 430 to 470 thousand barrels per day. Adjusted EBITDA is anticipated to be between $180-$200 million, up approximately 9% from 2023, with an adjusted operating margin per barrel increasing 8%-13% year-over-year. Capital expenditures are projected to be $85-$105 million, down about 40% from 2023, including investments for system maintenance and new business development.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:33 pm

KROS

Keros Therapeutics (NASDAQ:KROS) reported Q4 losses of $(1.34) per share, surpassing the analyst consensus estimate of $(1.37) by 2.19%. However, this represents a 22.94% increase in losses compared to $(1.09) per share from the same period last year.

Portfolio Pulse from Happy Mohamed

February 28, 2024 | 9:33 pm

BFLY

Butterfly Network's shares are trading lower following the announcement of mixed financial results for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:33 pm

NTRA

Natera's stock price increased following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:32 pm