Streetbeat News

Earnings

TOVX

Theriva Biologics reported Q2 losses of $(0.34) per share, a 9.68% decrease from $(0.31) per share in the same period last year. The company's cash balance stands at $34.2M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:07 pm

GBLI

Global Indemnity (NASDAQ:GBLI) reported Q2 earnings of $0.50 per share, beating the analyst consensus estimate of $0.45 by 11.11%. This is a 316.67% increase from the same period last year. However, the company's quarterly sales of $141.89 million missed the analyst consensus estimate of $146.00 million by 2.81%, a 4.04% decrease from last year.

Portfolio Pulse from sunil@benzinga.com

August 08, 2023 | 12:07 pm

CNSL

Consolidated Communications has reaffirmed its 2023 adjusted EBITDA forecast of $310M-$330M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:05 pm

CTV

Innovid (NYSE:CTV) reported Q2 adjusted EPS of $(0.03), in line with analyst consensus. This is a 200% decrease from the same period last year. Quarterly sales were $34.55M, beating the $32.00M estimate by 7.96%. This is a 4.41% increase from the same period last year.

Portfolio Pulse from totan@benzinga.com

August 08, 2023 | 12:05 pm

PAY

Paymentus Holdings, Inc. (NYSE:PAY) reported strong Q2 results, beating market estimates. The company's shares jumped 10.8% in pre-market trading. Analysts from Goldman Sachs and Raymond James have raised their price targets on Paymentus following the earnings announcement.

Portfolio Pulse from Lisa Levin

August 08, 2023 | 12:05 pm

NETI

Eneti (NYSE:NETI) reported Q2 adjusted earnings of $0.08 per share, beating the analyst consensus estimate of $0.06 by 33.33%. However, the company's quarterly sales of $38.85 million missed the analyst consensus estimate of $38.98 million by 0.34%, marking a 36.61% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:04 pm

FSTR

L.B. Foster (NASDAQ:FSTR) reported Q2 earnings of $0.32 per share, beating the analyst consensus estimate of $0.27 by 18.52%. This is a 77.78% increase from the same period last year. The company also reported quarterly sales of $148.03 million, beating the analyst consensus estimate of $141.41 million by 4.68%. This is a 26.97% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:04 pm

CNSL

Consolidated Comms Hldgs (NASDAQ:CNSL) reported Q2 adjusted EPS of $(0.28), missing the analyst consensus estimate of $(0.27) by 3.7%. The company also reported quarterly sales of $275.16 million, missing the estimate of $277.42 million by 0.81%. This represents a 7.78% decrease over sales of $298.39 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:02 pm

SMRT

SmartRent (NYSE:SMRT) reported Q2 earnings per share (EPS) of $(0.05), in line with analyst consensus. However, the company's sales of $53.40M missed the estimate of $53.58M by 0.33%. This represents a 61.54% increase in EPS and a 25.92% increase in sales compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

August 08, 2023 | 12:02 pm

CMT

Core Molding Technologies (AMEX:CMT) reported Q2 earnings of $0.91 per share, beating the analyst consensus estimate of $0.42 by 116.67%. This is a 250% increase from the same period last year. The company also reported quarterly sales of $97.72 million, beating the analyst consensus estimate of $97.25 million by 0.49%. However, this is a 1.02% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:02 pm