Streetbeat News

Earnings

TDOC

Teladoc shares are trading lower, possibly due to a pullback after last week's gains following Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:58 am

DV

DoubleVerify has reported its Q2 results and announced plans to acquire Scibids Technology. This news has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:57 am

KMT

Kennametal's shares are trading lower due to worse-than-expected Q4 results and weak Q4 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:57 am

AMRC

Ameresco's shares are trading lower after the company reported mixed Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:57 am

HLIT

Harmonic Inc. reported disappointing Q2 financial results and issued Q3 and FY23 guidance below market expectations, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:56 am

RYTM

Rhythm Pharmaceuticals reported better-than-expected Q2 revenue results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:56 am

MSA

MSA Safety's shares are trading higher after the company reported better-than-expected Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:53 am

SYM

Symbotic Inc. reported better-than-expected Q3 sales results with revenues of $311.83 million, beating the consensus of $261.02 million. However, the company's shares fell 8.3% to $58.30 on Tuesday. Post earnings announcement, several analysts including Raymond James, DA Davidson, Craig-Hallum, and Needham raised their price targets on Symbotic.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 9:53 am

AMSC

NSP

SYM

XOS

During Tuesday's intraday session, several industrials stocks experienced significant movements. Gainers included American Superconductor (AMSC), Xos (XOS), Nikola (NKLA), Proterra (PTRA), Great Lakes Dredge & Dock (GLDD), and Oshkosh (OSK), with AMSC leading the pack with a 50.7% increase. Losers included Insperity (NSP), Symbotic (SYM), Rockwell Automation (ROK), Tigo Energy (TYGO), Kforce (KFRC), and Caravelle International (CACO), with NSP experiencing the largest decline of 13.0%. Several companies released their Q2 or Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:53 am

MLCO

Melco Resorts & Entertainment Ltd reported Q2 2023 sales growth of 220.1% Y/Y to $947.94 million, beating the consensus of $881.75 million. The increase was primarily due to improved performance in all gaming segments and non-gaming operations, largely due to the easing of COVID-19 restrictions in Macau. The company also reported an operating income of $64.3 million, compared to an operating loss of $(209.2) million in the year-ago period. Despite the positive report, MLCO shares are trading lower by 2.75%.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 9:53 am