Streetbeat News

Earnings

COLL

Collegium Pharmaceutical has reaffirmed its full-year 2024 guidance for product revenues, net, adjusted operating expenses, and adjusted EBITDA, indicating confidence in its financial outlook and operational stability.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:03 pm

INOD

Innodata reported a Q4 2023 EPS of $0.05, a significant improvement from the $(0.07) in the same quarter the previous year. Revenue for the quarter was $26.1M, up from $19.4M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:02 pm

MORN

Morningstar (NASDAQ:MORN) reported a significant increase in Q4 earnings per share (EPS) to $1.97, up from $0.58 YoY, and a 13.41% increase in sales to $538.70M from $475.00M YoY.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:02 pm

AMH

AMH projects its 2024 Core FFO (Funds From Operations) per share to be in the range of $1.70 to $1.76, aligning closely with the estimated $1.75.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:01 pm

NVDA

AI-themed cryptocurrencies surged following Nvidia's earnings outperformance, with Bittensor, Render, and Fetch.ai posting significant gains. The rally is attributed to Nvidia's record results and increased interest in AI applications, including Ethereum co-founder Vitalik Buterin's excitement over AI-assisted code verification. Social media analysts predict further upside for AI coins, with Render and Fetch.ai highlighted for their bullish momentum and potential to reach new highs.

Portfolio Pulse from Khyathi Dalal

February 22, 2024 | 10:00 pm

IVR

Invesco Mortgage Capital (IVR) reported Q4 2023 adjusted earnings per share (EPS) of $0.95, missing the consensus estimate of $1.19 by 20.17%. This represents a 34.93% decrease from the same period last year's earnings of $1.46 per share.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:00 pm

FND

Floor & Decor Holdings projects its FY24 earnings per share (EPS) to be between $1.75 and $2.05, with net sales expected to range from $4.6 billion to $4.77 billion, compared to the estimated $4.73 billion.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:00 pm

BBDC

Barings BDC (NYSE:BBDC) reported Q4 earnings of $0.31 per share, surpassing the $0.30 estimate, and sales of $75.85M, exceeding the $72.04M estimate. This represents an 8.82% decrease in earnings and a 19.50% increase in sales from the same period last year.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 9:59 pm

OLED

Universal Display projects its FY24 revenue to be between $625M-$675M, which is around the current estimate of $666.21M. The company highlights the OLED industry's volatility and the numerous variables that could affect this forecast.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:58 pm

AXTI

AXT shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:58 pm