Streetbeat News

Earnings

SLNH

Soluna Holdings, Inc. (NASDAQ:SLNH) has reduced its convertible debt by over $4M and plans a capital raise for a new AI venture. The company has made progress on its green data center projects, including Project Dorothy and Project Kati, and has signed a new 8.8 MW customer for Project Sophie. Soluna's data centers have been found to have an 18% lower carbon footprint than traditional data centers. Operational metrics and project updates were provided, with a focus on installed hashrate, power capacity, and energy consumption.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:29 pm

SFNC

Simmons First National Corporation (SFNC) reported Q4 sales of $177.60 million, which fell short of the expected $204.25 million estimate.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:20 pm

BLFY

Blue Foundry (NASDAQ:BLFY) reported Q4 EPS of $(0.13), surpassing the $(0.15) estimate, and sales of $9.77M, exceeding the $9.55M estimate. However, these figures represent a significant decrease from the previous year, with a 750% drop in EPS from $0.02 and a 26.95% decline in sales from $13.37M.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:20 pm

TFFP

TFF Pharmaceuticals is set to present data from its Phase 2 trial of Voriconazole Inhalation Powder, aimed at treating Invasive Pulmonary Aspergillosis, at the 11th Advances Against Aspergillosis & Mucormycosis Conference.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:17 pm

FMNB

Farmers National Banc Corp. (FMNB) reported Q4 earnings of $0.41 per share, surpassing the consensus estimate of $0.35 by 17.14%. However, this represents a slight decrease of 2.38% from the $0.42 per share earned in the same quarter the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:16 pm

BOKF

BOK Financial (NASDAQ:BOKF) reported Q4 adjusted EPS of $1.76, slightly beating the consensus estimate of $1.75. Sales were $501.56M, surpassing the $490.40M estimate. However, both earnings and sales saw a decrease compared to the same period last year, with earnings down 29.88% and sales down 8.76%.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:15 pm

FCX

Freeport-McMoRan Inc. has projected its consolidated sales for 2024 to be around 4.1 billion pounds of copper, 2 million ounces of gold, and 85 million pounds of molybdenum. The first quarter of 2024 is expected to contribute 1 billion pounds of copper, 575 thousand ounces of gold, and 20 million pounds of molybdenum to these totals.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:14 pm

ASML

RAMP

SAP

Three tech stocks, SAP SE (NYSE:SAP), LiveRamp Holdings, Inc. (NYSE:RAMP), and ASML Holding N.V. (NASDAQ:ASML), are showing overbought signals with RSI values above 70, indicating potential short-term price declines. SAP's revenue increased by 5% and its stock rose 10% over five days. LiveRamp is acquiring Habu for $200 million and reported higher-than-expected preliminary revenue, with its stock up 9% over five days. ASML posted strong quarterly earnings and expects significant growth in 2025, with its stock also up 10% over five days.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 1:14 pm

BB

EVAX

GETR

MMAT

NFLX

Netflix, Inc. (NASDAQ:NFLX) shares rose by 10.2% in pre-market trading after reporting Q4 revenue of $8.83 billion, surpassing the consensus estimate of $8.72 billion, despite missing EPS estimates. The company added 13.12 million net paid subscribers in Q4. Other stocks also moved in pre-market trading, with notable gainers including Getaround, Inc. (NYSE:GETR), Evaxion Biotech A/S (NASDAQ:EVAX), and Zoomcar Holdings, Inc. (NASDAQ:ZCAR), while Meta Materials Inc. (NASDAQ:MMAT) and BlackBerry Limited (NYSE:BB) were among the losers.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 1:14 pm

PGR

Progressive Corporation reported a 21% year-over-year increase in net premiums written for Q4, totaling $15.1298 billion.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:13 pm