Streetbeat News

Earnings

HLGN

Heliogen (NYSE:HLGN) reported Q2 losses of $(0.11) per share, missing the analyst consensus estimate of $(0.09) by 22.22%. The company's quarterly sales were $1.39 million, missing the analyst consensus estimate of $4.45 million by 68.67%. This represents a 41.72% decrease over sales of $2.39 million in the same period last year.

Portfolio Pulse from saritha@benzinga.com

August 08, 2023 | 8:46 pm

UPST

Upstart has projected its Q3 revenue to be around $140M, which is lower than the estimated $155.43M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:46 pm

SSTI

ShotSpotter reported Q2 losses of $(0.28) per share, missing the analyst consensus estimate of $(0.02) by 1300 percent, a 600 percent decrease over losses from the same period last year. However, the company's quarterly sales of $22.07 million beat the analyst consensus estimate of $21.94 million by 0.62 percent, a 10.29 percent increase over sales from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 08, 2023 | 8:45 pm

STR

Sitio Royalties Corp has projected its FY23 average daily production to be between 34,000 and 37,000 barrels of oil equivalent per day (Boe/d). The company also reported a cash tax rate of 11%-13%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:45 pm

SALM

Salem Media Group reported Q2 losses of $(0.26) per share, missing the analyst consensus estimate of $(0.10) by 160%. This is a 178.79% decrease over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $65.77 million, beating the analyst consensus estimate of $64.56 million by 1.88%. This is a 4.23% decrease over sales of $68.68 million the same period last year.

Portfolio Pulse from saritha@benzinga.com

August 08, 2023 | 8:45 pm

RPD

Rapid7 has released its Q3 and FY23 guidance, expecting Q3 EPS of $0.41-$0.44, compared to an estimate of $0.25, and revenue of $196M-$198M, compared to an estimate of $197.35M. For FY23, the company anticipates EPS of $1.23-$1.29, compared to an estimate of $0.85, and revenue of $771M-$775M, compared to an estimate of $776.06M. The guidance is based on several assumptions and may be subject to changes.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:45 pm

FRGE

Forge Global Holdings (NYSE:FRGE) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.11) by 27.27%. The company also reported quarterly sales of $16.72 million, missing the estimate of $16.80 million by 0.48%. However, both losses and sales show an improvement compared to the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 08, 2023 | 8:45 pm

FLYW

Flywire reported Q2 losses of $(0.15) per share, missing the analyst consensus estimate of $(0.14) by 7.14%. However, the company's quarterly sales of $84.87M beat the estimate of $75.13M by 12.96%. This represents a 50.11% increase over sales from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 08, 2023 | 8:44 pm

SEER

Seer (NASDAQ:SEER) reported Q2 losses of $(0.37) per share, beating the analyst consensus estimate of $(0.39) by 5.13%. However, the company's quarterly sales of $4.01 million missed the analyst consensus estimate of $5.07 million by 20.95%. This represents a 10.69% increase over sales of $3.62 million the same period last year.

Portfolio Pulse from saritha@benzinga.com

August 08, 2023 | 8:43 pm

CUTR

Cutera (NASDAQ:CUTR) reported Q2 losses of $1.59 per share, missing the analyst consensus estimate of $0.63 by 152.38%. This is a 562.5% decrease over losses of $0.24 per share from the same period last year. The company also reported quarterly sales of $61.22 million, missing the analyst consensus estimate of $64.95 million by 5.75%. This is a 4.68% decrease over sales of $64.22 million the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 08, 2023 | 8:43 pm