Streetbeat News

Earnings

NXPI

NXP Semiconductors N.V. (NASDAQ:NXPI) shares are trading higher after the company reported Q3 earnings of $3.70 per share, beating the analyst consensus estimate of $3.59. The company also reported quarterly sales of $3.43 billion, beating the analyst consensus estimate of $3.40 billion. Additionally, NXP Semiconductors announced the expansion of its S32 vehicle compute platform with the introduction of the S32M2.

Portfolio Pulse from Erica Kollmann

November 07, 2023 | 4:05 pm

AAWH

Ascend Wellness Holdings Inc (OTC:AAWH) reported a 27% YoY and 14.9% QoQ increase in net revenue for Q3 2023, reaching $141.3 million. The company's net loss improved to $11.2 million from $16.9 million in Q3 2022. Retail revenue increased 22.3% YoY and 12.7% QoQ to $101.3 million. Adjusted EBITDA was positive at $29.5 million, a 38.5% sequential increase. The company's CEO attributed the growth to the successful launch of adult-use sales in Maryland.

Portfolio Pulse from Patricio Liddle

November 07, 2023 | 4:04 pm

DDOG

Datadog, Inc (NASDAQ:DDOG) reported Q3 FY23 revenue of $547.5 million, a 25% YoY increase, beating the consensus of $524.1 million. The company also reported an increase in customers with an ARR of $100,000 or more, and an expansion in adjusted gross margin and operating margin. The company's adjusted EPS of $0.45 beat the consensus of $0.34. For Q4, Datadog expects revenue of $564 million - $568 million and an adjusted EPS of $0.42 - $0.44. The company's shares traded higher by 29.10% at $102.66.

Portfolio Pulse from Anusuya Lahiri

November 07, 2023 | 4:04 pm

ICUI

ICU Medical's shares are trading lower after the company reported mixed Q3 results.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:04 pm

LXRX

Lexicon Pharmaceuticals (NASDAQ:LXRX) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $-0.21. The company's past performance shows a pattern of share price changes following earnings reports. The company's shares were trading at $1.29 as of November 6, and over the last 52-week period, shares are down 35.71%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:02 pm

NVTA

Invitae (NYSE:NVTA) is set to release its latest quarterly earnings report on Wednesday, 2023-11-08. Analysts estimate an EPS of $-0.31. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. Over the last 52-week period, shares are down 69.14%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:02 pm

RGNX

Regenxbio (NASDAQ:RGNX) is set to release its quarterly earnings report on November 8, 2023. Analysts estimate an EPS of $-1.49. The company's past performance shows a trend of missing EPS estimates, which has led to drops in share price. The stock is currently trading at $15.79, down 21.22% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:02 pm

CELH

Celsius Holdings, Inc. (NASDAQ:CELH) reported Q3 sales of $384.75 million, up 104% Y/Y, beating the analyst consensus of $348.94 million. The company also reported quarterly EPS of $0.89, beating the analyst consensus of $0.47. The increase in sales was driven predominantly by North American revenue, which increased 107% to $371 million, thanks to the expansion in total distribution points and higher SKUs per location. Gross profit for the third quarter of 2023 was $194 million, up 147% Y/Y. As of September 30, 2023, Celsius had $760 million in cash and cash equivalents.

Portfolio Pulse from Nabaparna Bhattacharya

November 07, 2023 | 4:01 pm

OTCM

OTC Markets Gr (OTC:OTCM) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.61. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price the following day. The stock is currently trading at $57.5, with a 52-week return of -0.09%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:01 pm

MVIS

Microvision (NASDAQ:MVIS) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $-0.09. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $2.04 and are down 34.62% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:01 pm