Streetbeat News

Earnings

AMKR

LSCC

WOLF

In Monday's after-market session, several information technology stocks experienced significant movement. Wolfspeed (WOLF), Veritone (VERI), Aeva Technologies (AEVA), Blackboxstocks (BLBX), Ribbon Comms (RBBN), and Verb Tech (VERB) saw gains, while Amkor Tech (AMKR), Lattice Semiconductor (LSCC), Saverone 2014 (SVRE), Maris Tech (MTEK), NOVONIX (NVX), and MicroCloud Hologram (HOLO) experienced losses. Earnings reports were released for WOLF, AMKR, and LSCC.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 9:30 pm

BRSP

BrightSpire Capital (NYSE:BRSP) reported Q3 earnings of $0.28 per share, beating the analyst consensus estimate of $0.21 by 33.33%. This is a 12% increase from the same period last year. The company also reported quarterly sales of $59.09 million, beating the analyst consensus estimate of $29.36 million by 101.24%, a 6.98% increase from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

October 30, 2023 | 9:29 pm

URG

Ur-Energy (AMEX:URG) reported a Q3 loss of $(0.07) per share, a 133.33% increase from the $(0.03) per share loss reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:25 pm

FTEL

Fitell Corporation reported FY23 revenue of $4.8 million, a decrease of 41.2% YoY, primarily due to reduced consumer spending from inflation and rising interest rates in Australia. Gross profit was $2.2 million, down 40.2% YoY. However, sales of consumable products increased by 11.6% YoY to $223,343 due to efforts to diversify revenue streams. The company also reported a decrease in merchandise revenue and revenue from licensing customers.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:25 pm

BCH

Banco De Chile (NYSE:BCH) reported Q3 earnings of $0.58 per share, a decrease of 15.94% YoY. The company also reported quarterly sales of $766.30 million, missing the analyst consensus estimate of $806.76 million by 5.02%. This represents a 4.51% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:21 pm

GABC

German American Bancorp (NASDAQ:GABC) reported Q3 earnings of $0.73 per share, beating the analyst consensus estimate of $0.69 by 5.8 percent. However, this is a 12.05 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:20 pm

HE

American Savings Bank, a subsidiary of Hawaiian Electric Industries, reported a Q3 2023 net income of $11.4M. The bank also reported $8.6M of expenses related to the Maui wildfire, including an additional provision of $5.9M.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:18 pm

BRSP

BrightSpire Capital reported an adjusted EPS of $0.28, beating the estimate of $0.21.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:18 pm

FNCB

FNCB Bancorp has reported a Q3 earnings of $0.21 per share, marking a 25% decrease from the same period last year when it was $0.28 per share.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:14 pm

WOLF

Wolfspeed Inc (NYSE:WOLF) reported Q1 earnings with losses per share of 53 cents, beating the estimate of losses of 67 cents, and revenue of $197.4 million, missing the $207.64 million estimate. The company also reported device design-ins of $2.2 billion. Wolfspeed anticipates Q2 revenue to be between $192 million and $222 million. Shares of WOLF were up 9.75% in the after-hours session.

Portfolio Pulse from Ryan Gustafson

October 30, 2023 | 9:14 pm