Streetbeat News

Earnings

BTBD

CLEU

MGOL

POL

QRTEP

TEDU

VMAR

VOXX

VRM

ZAPP

In Tuesday's after-market session, VOXX International's stock rose by 4.1% following their Q3 earnings report. Other consumer discretionary stocks saw movement as well, with Vision Marine, Tarena International, and BT Brands experiencing gains, while China Liberal Education, Qurate Retail, Zapp Electric Vehicles, MGO Global, Polished.com, and Vroom saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:31 pm

AEHR

BLZE

BTCS

ETWO

PEGA

REKR

SDIG

SGH

In Tuesday's after-market session, E2open Parent Holdings (ETWO) and SMART Global Holdings (SGH) saw significant gains after reporting Q3 and Q1 earnings, respectively. My Size (MYSZ), OMNIQ (OMQS), Inseego (INSG), and Sonim Technologies (SONM) also experienced gains. Conversely, Aehr Test Systems (AEHR) dropped after Q2 earnings, along with Backblaze (BLZE), Pegasystems (PEGA), Rekor Systems (REKR), Stronghold Digital Mining (SDIG), and BTCS (BTCS).

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:30 pm

ATRO

Astronics Corporation has reported preliminary revenue for 2023 at approximately $688 million, marking a 29% increase from 2022. The estimated revenue was $682.98 million. The company also saw preliminary bookings of $185 million in the quarter, with total orders for the year reaching approximately $726 million.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:30 pm

AZZ

AZZ Inc. (NYSE:AZZ) reported Q3 earnings with an EPS of $1.19, beating estimates by 19.0% and showing a revenue increase of $8.30 million from the previous year. The company has a history of surpassing EPS estimates, which has previously led to a share price increase the following day.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:30 pm

GATO

Gatos Silver, Inc. (NYSE:GATO) reported 2023 silver production of 9.21 million ounces and silver equivalent production of 14.33 million ounces, both near the top end of their upwardly revised guidance. The Cerro Los Gatos mine saw a record mill throughput, with potential for further expansion without significant investment. Despite lower ore grades, the mine's productivity and flexibility improvements led to increased production rates. The company plans to continue debottlenecking efforts and evaluate mine life extension opportunities.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:29 pm

ATRO

Astronics Corporation has reported preliminary Q4 revenue of $193M-$195M, which falls short of the estimated $197M. This indicates a potential revenue miss for the quarter.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:28 pm

ETWO

E2open Parent Holdings (NYSE:ETWO) reported Q3 earnings with an EPS of $0.04, meeting estimates but with revenue down $8.50 million year-over-year. Last quarter's EPS miss led to a significant stock price drop.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:20 pm

TRNO

Terreno Realty Corporation (TRNO) reported a quarter-end occupancy of 98.5%, a slight increase from the previous quarter and a minor decrease from the previous year. The company saw a 47.5% increase in cash rents on new and renewed leases for the quarter and a 55.5% increase for the full year. Terreno acquired properties worth $73.2 million in Q4 and $484.0 million for the full year, while selling three properties for $51.6 million in Q4 and four properties for $77.0 million for the full year. The company commenced developments with a total expected investment of $283.2 million and issued over 10.9 million shares of common stock in 2023 for gross proceeds of $674.4 million. John Meyer was promoted to Chief Operating Officer, effective January 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:16 pm

SGH

Smart Global Holdings forecasts its Q2 adjusted EPS to be $0.25 ± $0.10 and revenue to be around $285M ± $25M.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:15 pm

SAR

Saratoga Investment (NYSE:SAR) reported Q3 earnings with an EPS of $1.01, missing the estimate by 1.94%. Revenue increased by $10.08 million compared to the same period last year. Despite this growth, the earnings miss may concern investors, especially considering the company's stock price dropped 2.15% following an EPS miss last quarter.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:15 pm