Streetbeat News

Earnings

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

QLYS

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

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:19 pm

AAPL

ASRT

INVO

MESO

MF

TDS

USM

The Nasdaq Composite gained over 100 points, with consumer discretionary shares rising by 3.6%. Apple Inc. shares fell around 2.5% despite exceeding consensus estimates for Q3 earnings and revenue, due to iPhone sales falling short of forecasts. Missfresh Limited, United States Cellular Corporation, and Telephone and Data Systems, Inc. saw significant increases in share prices, while Mesoblast Limited, Assertio Holdings, Inc., and INVO Bioscience, Inc. experienced significant drops.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 4:18 pm

POWI

Power Integrations has provided weak guidance for Q3, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:18 pm

OLED

Universal Display Corporation reported strong Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:17 pm

SPT

Sprout Social has issued its Q3 guidance, expecting revenue to be between $84.1M and $84.2M, which is lower than the estimated $85.34M. The company also anticipates an adjusted EPS of approximately -$(0.05), compared to the estimated $0.03.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 4:15 pm