Streetbeat News

Earnings

CYN

Cyngn's shares are trading lower following the company's Q3 revenue results, which were worse than expected.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 6:08 pm

CUTR

Cutera's shares are trading lower following the company's Q3 revenue results, which were below expectations.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 6:07 pm

TOI

The Oncology Institute (TOI) reported better-than-expected Q3 revenue results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 6:04 pm

VVV

Valvoline Inc. (NYSE:VVV) reported Q4 FY23 sales growth of 16% YoY to $390 million, beating the analyst consensus. The company registered an adjusted EPS of $0.39, missing the analyst consensus of $0.41. The company expects FY24 adjusted EPS of $1.40-$1.65, with net revenue of $1.6 billion-$1.7 billion. VVV shares are trading higher by 7.27% at $32.18.

Portfolio Pulse from Nabaparna Bhattacharya

November 09, 2023 | 6:03 pm

AFIB

Acutus Medical reported Q3 financial results and announced a strategic realignment of resources and corporate restructuring by approximately 65%. This has led to a decrease in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:59 pm

IHRT

iHeartMedia, Inc. reported Q3 revenue of $953 million, down 3.6% Y/Y. The company's GAAP operating income was $69 million, compared to an operating loss of $(211) million last year. Digital Audio Group revenue was $267 million, up 5% Y/Y. The company expects Q4 consolidated revenue to decline in the high-single digits. IHRT shares are trading lower by 7.69% to $2.40.

Portfolio Pulse from Nabaparna Bhattacharya

November 09, 2023 | 5:51 pm

HUBS

HubSpot's shares are trading lower despite initially gaining after the release of Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:48 pm

RCI

Rogers Communications reported better-than-expected Q3 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:47 pm

IKNA

Ikena Oncology reported worse-than-expected Q3 revenue results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:47 pm

INBS

Intelligent Bio Solutions Inc. (NASDAQ:INBS) reported Q1 losses of $1.04 per share, missing the analyst consensus estimate of 64 cents by 62.5%. The company also reported quarterly sales of $109.87 thousand, missing the consensus estimate of $950 thousand by 88.43% and representing a 64.71% decrease over sales of $311.32 thousand from the same period last year. Despite this, shares of INBS are up 145% at 56 cents.

Portfolio Pulse from Erica Kollmann

November 09, 2023 | 5:46 pm