Streetbeat News

Earnings

BLDE

Blade Air Mobility (NASDAQ:BLDE) reported Q2 2024 GAAP EPS of $(0.15), missing the $(0.06) estimate, but sales of $67.945M beat the $63.116M estimate. EPS improved from $(0.17) last year, and sales increased by 11.41% from $60.989M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:25 pm

BROS

Dutch Bros shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:24 pm

VATE

Innovate (NYSE:VATE) reported Q2 earnings of $0.10 per share, a significant improvement from a loss of $(0.13) per share YoY. Quarterly sales were $313.10 million, beating the $248.10 million estimate but down 15.10% from $368.80 million YoY.

Portfolio Pulse from totan@benzinga.com

August 07, 2024 | 8:24 pm

MNST

Monster Beverage shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:24 pm

KROS

Keros Therapeutics (NASDAQ:KROS) reported Q2 earnings per share (EPS) of $(1.25), missing the analyst consensus estimate of $(1.23) by 1.63%. This represents a slight improvement from the $(1.27) per share loss in the same period last year. The company also reported $37.00 thousand in sales for the quarter.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:24 pm

MFIC

MidCap Financial (NASDAQ:MFIC) reported Q1 2025 earnings per share (EPS) of $0.45, beating the analyst estimate of $0.41. However, the company's sales of $69.156 million missed the estimate of $72.365 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:24 pm

GH

Guardant Health has raised its FY24 revenue outlook excluding screening from $675M-$685M to $690M-$700M. The company expects non-GAAP gross margin excluding screening to be 61%-63% and total non-GAAP operating expenses to be $720-$730 million, representing a flat to 1% decrease compared to 2023. Free cash flow is expected to be $(275)-$(285) million, an improvement of $60M-$70M compared to 2023.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:23 pm

HOOD

Robinhood Markets (NASDAQ:HOOD) reported strong Q2 earnings with revenue and EPS beating estimates. Key highlights include a 161% increase in crypto revenue, 2 million Gold subscribers, and record net deposits of $13.2 billion. The company also reported a 57% increase in assets under custody.

Portfolio Pulse from Chris Katje

August 07, 2024 | 8:22 pm

CACI

CACI International has provided its fiscal year 2025 guidance, forecasting adjusted EPS between $22.44 and $23.33, slightly below the $23.30 estimate. Revenue is expected to be between $7.9 billion and $8.1 billion, aligning closely with the $7.91 billion estimate. The company also projects free cash flow of at least $425 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:22 pm

OM

Outset Medical shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:22 pm