Streetbeat News

Earnings

TDOC

Teladoc Health Inc (NYSE:TDOC) shares dropped following the release of its Q4 financial results, missing revenue estimates but beating EPS expectations. The company provided weaker than expected guidance for Q1 and the full year, citing a challenging macro-economic environment but highlighted progress in generating higher margins and strong bottom-line performance.

Portfolio Pulse from Adam Eckert

February 21, 2024 | 1:44 pm

PANW

Palo Alto Networks Inc (NASDAQ:PANW) shares dropped after issuing weak guidance post-quarterly results, despite beating Q2 revenue and EPS estimates. Analysts downgraded the stock or cut price targets. The company forecasts lower-than-expected revenue and earnings for the fiscal third quarter and full year 2024.

Portfolio Pulse from Adam Eckert

February 21, 2024 | 1:42 pm

BRSP

BrightSpire Capital (NYSE:BRSP) reported Q4 earnings of $0.28 per share, surpassing the analyst consensus estimate of $0.24 by 16.67% and marking a 3.7% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:41 pm

LZB

La-Z-Boy's stock price declined following the announcement of disappointing Q3 financial results and future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:39 pm

HPCO

ISPR

Ispire Technology Inc. (NASDAQ:ISPR) reported a 30.7% year-over-year increase in Q2 fiscal 2024 revenue, reaching $41.7 million, driven by a significant rise in cannabis vaping product sales. The company also highlighted strategic partnerships with Cookies, Hempacco Co., Inc. (NASDAQ:HPCO), and BrkFst, co-created by Burna Boy. Despite revenue growth, ISPR experienced a net loss of $4 million and a decrease in gross margin. Shares fell 13.94% in pre-market trading.

Portfolio Pulse from Jelena Martinovic

February 21, 2024 | 1:38 pm

NEO

NeoGenomics shares surged following the announcement of Q4 financial results that exceeded expectations and the issuance of FY24 adjusted EPS guidance that surpassed estimates.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:38 pm

MED

Medifast shares are trading lower following the company's announcement of weak guidance for future performance.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:38 pm

AMPL

Amplitude's shares dropped following mixed Q4 financial results and the issuance of weak guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:37 pm

CYH

Community Health Systems' shares declined following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:37 pm

SPT

Sprout Social's stock is trading lower following the announcement of its Q4 financial results and future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:37 pm