Streetbeat News

Earnings

TSQ

Townsquare Media reported Q3 earnings of $0.46 per share, beating the analyst consensus estimate of $0.32 by 43.75%. However, the company's quarterly sales of $115.10 million missed the analyst consensus estimate of $116.18 million by 0.93%. This represents a 2.13% decrease in earnings and a 4.58% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:01 am

STTK

Shattuck Labs (NASDAQ:STTK) reported Q3 2023 losses of $(0.65) per share, missing the analyst consensus estimate of $(0.52) by 25 percent. However, the company's quarterly sales of $686.00 thousand beat the analyst consensus estimate of $180.00 thousand by 281.11 percent.

Portfolio Pulse from saritha@benzinga.com

November 09, 2023 | 11:01 am

WIX

Wix.com Ltd's shares are up by 7% following its Q3 FY23 results. The company reported a 14% Y/Y revenue growth to $393.8 million, beating the consensus of $389.7 million. The growth was led by the third consecutive quarter of Partners revenue growth (+38% Y/Y), strong GPV growth, and improved performance in the new cohorts of users. The company also raised its FY23 revenue outlook to $1.558 billion-$1.563 billion from $1.543 billion - $1.558 billion vs. the consensus of $1.56 billion.

Portfolio Pulse from Lekha Gupta

November 09, 2023 | 10:47 am

FVRR

Fiverr International Ltd (NYSE:FVRR) reported Q3 FY23 sales growth of 12.1% YoY to $92.53 million, beating the analyst consensus estimate of $91.15 million. Active buyers dipped slightly to 4.164 million from 4.249 million last year. The company's Q4 2023 revenue outlook is $88.1 million - $95.1 million, against the consensus of $93.33 million. FVRR shares closed higher by 0.15% at $24.09 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

November 09, 2023 | 10:31 am

HIMX

Himax Technologies expects its Q4 revenues to decline between 5.0% and 11.0% sequentially.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 10:26 am

HIMX

Himax Technologies reported Q3 earnings of $0.06 per share, beating the analyst consensus estimate of $0.04 by 60%. The company also reported quarterly sales of $238.50 million, surpassing the analyst consensus estimate of $229.38 million by 3.98%. However, this represents a 62.35% decrease in earnings from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 10:24 am

BAK

Braskem (NYSE:BAK) reported a 29.30% decrease in sales this quarter, with sales of $3.42 billion compared to $4.83 billion in the same period last year. The company also reported a net loss of $497 million.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 10:16 am

WB

Weibo (NASDAQ:WB) reported its Q3 earnings results, beating estimated earnings by 1.79% with an EPS of $0.57. However, revenue was down $11.41 million from the same period last year. Last quarter, the company beat on EPS by $0.02, which was followed by a 8.83% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 10:00 am

HMC

Honda Motor Co (NYSE:HMC) reported a 55% decrease in Q2 earnings per share (EPS) from $0.80 last year to $0.36 this year. However, the company's sales increased by 11.95% to $34.50 billion from $30.82 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:53 am

NGG

National Grid (NGG) has projected an underlying EPS CAGR of 6%-8% from 2020/21 to 2025/26.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:46 am