Streetbeat News

Earnings

INFA

Informatica's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:39 pm

LVO

PODC

LiveOne reports a current cash position of over $11M after repurchasing approximately 1.3M shares during FY 2024. It has $5.75M remaining for discretionary repurchase of its own shares or those of PodcastOne (NASDAQ:PODC). The company anticipates $2.5 - $5M in additional cost savings following a $5M cut from its CPS Division and is expanding its Celebrity Brands Platform with AI to enhance connections between talent and fans.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:39 pm

FSLY

Fastly shares are trading lower following the release of mixed Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:39 pm

CSCO

Cisco's stock is trading lower following the company's announcement of Q3 and FY24 adjusted EPS and sales guidance, which fell below market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:38 pm

APP

AppLovin shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:38 pm

IDCC

InterDigital forecasts its full-year 2024 revenue to be between $620M-$670M, significantly surpassing the estimated $505.52M. Additionally, the company anticipates its adjusted EPS to range from $7.45-$8.76, well above the estimated $4.51.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:38 pm

TWLO

Twilio's stock price declined following the announcement of its Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:38 pm

STLA

Stellantis shares are trading higher following the announcement of improved FY23 financial results, an increased dividend, and a new share buyback program.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:38 pm

MGOL

MGO Global has announced a preliminary revenue growth of 400% year-over-year for the fiscal year 2023. This significant increase highlights the company's strong performance and potential for future growth.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:35 pm

AHT

Ashford Hospitality Trust, Inc. (AHT) announced preliminary Q4 and FY23 financial results, including a net loss range of $(32.3) million to $(30.3) million for Q4 and $(194.7) million to $(192.7) million for FY23. The company also reported a slight increase in January Comparable RevPAR by 1.5% YoY. Adjusted EBITDAre and Adjusted FFO figures were also provided, with final Q4 results to be released on February 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:34 pm