Streetbeat News

Earnings

SNOW

Shares of Snowflake, Inc. (NYSE:SNOW) are trading higher by 5% on above-average trading volume, despite being down nearly 4% over the last month. The company's CFO, Mike Scarpelli, is set to present at the Stifel Tech Executive Summit and Goldman Sachs Communacopia & Technology Conference. Snowflake will report its Q2 financial results on Aug. 23. SNOW has been one of the top trending tickers on Yahoo! Finance.

Portfolio Pulse from Erica Kollmann

August 04, 2023 | 4:44 pm

DLB

Dolby Laboratories' shares are trading lower after the company reported a miss in Q3 revenue.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:42 pm

LOPE

Grand Canyon Education reported a Q2 earnings beat and issued strong guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:41 pm

MP

MP Materials shares are trading higher after the company reported better-than-expected Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:40 pm

ALTR

Altair Engineering Inc. (ALTR) shares are trading lower after the company issued weak guidance.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:39 pm

ENV

Envestnet's Q2 sales have missed expectations, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:39 pm

COUR

ENVA

HCA

The article discusses key economic indicators and earnings reports of three companies. The Federal Reserve has raised interest rates to a 22-year high, but this is in line with long-term trends. The 2Q GDP was up 2.4%, beating the 1.5% estimate. PMI data indicates potential stagflation. Enova International ($ENVA) reported a 22% revenue growth, beating estimates, and loan originations above $1B. HCA Healthcare ($HCA) reported a 7% revenue increase, beating estimates, and raised guidance for revenue, EBITDA, and EPS. Coursera ($COUR) reported a 23% revenue increase, beating guidance and estimates, and raised 2023 revenue guidance.

Portfolio Pulse from Gary Brode

August 04, 2023 | 4:38 pm

REZI

Resideo Technologies' shares are trading lower due to weak earnings and guidance.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:36 pm

DBX

Dropbox shares are trading higher after the company reported strong Q2 results. The number of paying users increased to 18.04 million, up from 17.37 million last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:32 pm

PGNY

Progyny (PGNY) reported better-than-expected Q2 results and issued strong guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:20 pm