Streetbeat News

Earnings

RMBS

Rambus has provided its Q4 2023 outlook, expecting licensing billings to be between $56M-$62M, product revenue between $52M-$58M, and contract and other revenue between $17M-$23M. Total operating costs and expenses are projected to be between $88M-$84M. The company will discuss its full revenue guidance during its upcoming conference call.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:50 pm

CVI

CVR Energy (NYSE:CVI) reported Q3 adjusted earnings of $1.89 per share, missing the analyst consensus estimate of $1.93 by 2.07%. This is a 0.53% decrease from the same period last year. However, the company's quarterly sales of $2.52 billion beat the analyst consensus estimate of $2.38 billion by 5.97%, despite being a 6.56% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:49 pm

INST

Instructure Holdings reported Q3 2023 earnings per share (EPS) of $(0.04), which may not compare favorably to the $0.20 estimate. However, the company's revenue of $134.92M beat the estimate of $132.641M.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:48 pm

HMST

HomeStreet (NASDAQ:HMST) reported Q3 2023 earnings of $0.12 per share, beating the analyst consensus estimate of $0.05 by 140%. However, this is a 88.89% decrease from the same period last year. The company's quarterly sales of $49.38 million missed the analyst consensus estimate of $52.92 million by 6.70%, marking a 35.32% decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

October 30, 2023 | 8:48 pm

NEXA

Nexa Resources reported Q3 adjusted EPS of $(0.56), with revenues of $649.334M, beating the estimated $562.36M.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:47 pm

UAN

CVR Partners (NYSE:UAN) reported Q3 earnings of $0.07 per share, a 103.74% increase YoY. However, sales decreased by 16.54% to $130.59 million compared to $156.48 million in the same period last year.

Portfolio Pulse from bharat@benzinga.com

October 30, 2023 | 8:47 pm

MPWR

Monolithic Power Systems reported Q3 financial results, issued Q4 guidance, and announced a $640 million stock repurchase program. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:44 pm

BMEA

Biomea Fusion (NASDAQ:BMEA) reported Q3 losses of $(0.80) per share, beating the analyst consensus estimate of $(0.82) by 2.44 percent. However, this represents a 2.56 percent increase in losses compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:44 pm

KFRC

Kforce has projected its Q4 2023 revenue to be between $359M and $367M, which is higher than the estimated $351.55M. The company also expects its EPS to be between $0.74 and $0.82, compared to the estimated $0.78.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:43 pm

PDM

Piedmont Office Realty Trust has projected its FY23 Core FFO to be between $1.74 and $1.80.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:43 pm