Streetbeat News

Earnings

RCEL

AVITA Medical reported Q2 losses of $(0.41) per share, missing the analyst consensus estimate of $(0.32) by 28.12 percent. This is a 64 percent decrease over losses from the same period last year. However, the company reported quarterly sales of $11.75 million, beating the analyst consensus estimate of $11.32 million by 3.83 percent, a 41.01 percent increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:01 pm

SCPH

scPharmaceuticals reported Q2 losses of $(0.36) per share, beating the analyst consensus estimate of $(0.37) by 2.7 percent. However, this is a 2.86 percent decrease over losses of $(0.35) per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:01 pm

ANGI

IAC

IAC Inc reported mixed 2Q23 results with revenue underperformance due to struggles at Angi Inc and Dotdash Meredith (DDM). Despite this, overall EBITDA was better as DDM saw progress. Analysts from Citigroup, Oppenheimer, Benchmark, and Credit Suisse reiterated their positive ratings on IAC but lowered their price targets. IAC shares traded higher by 2.01% at $57.27 on the last check Thursday.

Portfolio Pulse from Anusuya Lahiri

August 10, 2023 | 7:50 pm

RMBS

Rambus Inc. reported Q2 adjusted earnings of $0.31 per share, missing the estimate of $0.39. The company's sales were $119.83M, also missing the estimate of $137.98M.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:44 pm

RPAY

Repay Holdings reported better-than-expected Q2 revenue results, leading to a rise in its share prices. Morgan Stanley and Credit Suisse have also raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:36 pm

AZUL

Azul's shares are trading higher following the release of the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:26 pm

SRRK

Scholar Rock Holding Corporation reported better-than-expected Q2 EPS results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:15 pm

EFXT

Enerflex has reported its Q2 financial results, which has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:13 pm

NN

NextNav reported its Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:10 pm

HROW

Harrow Health has reported its Q2 financial results and issued FY23 guidance, which has led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:09 pm