Streetbeat News

Earnings

TTD

The Trade Desk has issued Q4 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:29 pm

INUV

Inuvo Inc (NYSE:INUV), an AI-based ad solution firm, reported Q3 net revenue of $24.6 million, a 44% increase from the same period last year. The company attributed the higher revenues to an increased focus on Indirect channels. The gross profit margin was 90.7% compared to 60.3% a year ago. The company also reported a lower Q3 net loss of $(0.01) per share compared to $(0.03) a year ago, beating the consensus of $(0.03). As of September 30, 2023, Inuvo had $7.0 million in cash and cash equivalents.

Portfolio Pulse from Vandana Singh

November 10, 2023 | 1:16 pm

GOL

GOL Linhas Aéreas Inteligentes S.A. has released its preliminary traffic figures for October. The company's total supply decreased by 1.2% due to a 2.5% reduction in average stage. However, total seats increased by 4.2% and the number of departures rose by 3.1%. GOL's total demand increased by 2.6%. The company's domestic supply and demand increased by 1.0% and 4.7% respectively, with a load factor of 84.6%. The international supply was 311 million and demand was 259 million. Cargo volume increased by 52.8%, reaching 11.2 thousand tons in October.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:16 pm

INUV

Inuvo has reported a Q3 gross profit margin of 90.7%, a significant increase from 60.3% a year ago.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:15 pm

INUV

Inuvo (AMEX:INUV) reported Q3 earnings per share of $(0.01), beating the analyst consensus estimate of $(0.03) by 66.67%. The company also reported quarterly sales of $24.57 million, surpassing the analyst consensus estimate of $17.25 million by 42.40%. Both figures represent significant increases over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:15 pm

RGF

The Real Good Food (NASDAQ:RGF) reported Q3 losses of $(0.50) per share, missing the analyst consensus estimate of $(0.17) by 194.12 percent. The company also reported quarterly sales of $55.56 million, missing the analyst consensus estimate of $57.23 million by 2.91 percent. However, this represents a 47.98 percent increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:13 pm

SCWO

374Water (NASDAQ:SCWO) reported Q3 losses of $(0.01) per share, unchanged YoY. Sales for the quarter were $12.29K, a 98.67% decrease from $922.72K YoY.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:12 pm

PALI

Palisade Bio reported Q3 losses of $0.49 per share, missing the analyst consensus estimate of $0.34 by 44.12%. This is a 87.75% increase over losses of $4.00 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:11 pm

DRCT

TTD

Several communication services stocks experienced significant movement in Friday's pre-market session. Notable gainers included Direct Digital Holdings (NASDAQ:DRCT), Kore Group Holdings (NYSE:KORE), System1 (NYSE:SST), NFT Gaming Co (NASDAQ:NFTG), Angi (NASDAQ:ANGI), and Chicken Soup for the Soul (NASDAQ:CSSE). On the other hand, Trade Desk (NASDAQ:TTD), TKO Group Holdings (NYSE:TKO), VS Media Holdings (NASDAQ:VSME), Mobiquity Technologies (NASDAQ:MOBQ), Getty Images Holdings (NYSE:GETY), and LQR House (NASDAQ:LQR) saw their stocks fall.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 1:07 pm

FBIO

ILMN

MOTS

TCON

In Friday's pre-market session, several healthcare stocks saw significant movement. TRACON Pharma, Motus GI Hldgs, Assure Hldgs, Intelligent Bio Solutions, INVO Bioscience, and AVITA Medical were the gainers, with increases ranging from 20.44% to 106.2%. On the other hand, Fortress Biotech, Aptevo Therapeutics, Biolase, SenesTech, Illumina, and NanoVibronix were the losers, with decreases ranging from 11.11% to 29.3%.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 1:07 pm