Streetbeat News

Earnings

SILC

Silicom Ltd has projected its Q3 revenue to be between $30M-$31M, which is significantly lower than the estimated $44.06M.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:18 pm

SILC

Silicom reported Q2 earnings of $0.66 per share, a decrease of 5.71% YoY. The company's quarterly sales were $38.13 million, missing the analyst consensus estimate of $38.76 million by 1.63%. However, this is an 11.64% increase over sales of $34.15 million from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:17 pm

SPCB

SuperCom reported Q2 earnings of $0.07 per share, a 114% increase YoY. The company's quarterly sales were $7.75 million, beating the analyst consensus estimate of $4.60 million by 68.43% and marking a 140.77% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:13 pm

OXLC

Oxford Lane Capital (NASDAQ:OXLC) reported a decrease in Q1 earnings per share from $0.55 last year to $0.43 this year, a 21.82% decrease. However, the company's sales increased by 11.02% from $63.50 million to $70.50 million over the same period.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:05 pm

ON

onsemi has projected its Q3 adjusted EPS to be between $1.27 and $1.41, which is higher than the estimated $1.21. The company also expects its revenue to be between $2.095B and $2.195B, surpassing the estimated $2.07B.

Portfolio Pulse from Bill Haddad

July 31, 2023 | 12:02 pm

PXS

Pyxis Tankers reported Q2 earnings of $0.23 per share, in line with analyst consensus. This is a 39.47% decrease from the same period last year. The company's quarterly sales of $9.50 million beat the analyst consensus estimate of $8.65 million by 9.83%, but this is a 40.85% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:02 pm

ON

ON Semiconductor reported Q2 earnings of $1.33 per share, beating the analyst consensus estimate of $1.21 by 9.92%. However, this is a 0.75% decrease from the same period last year. The company also reported quarterly sales of $2.09 billion, beating the analyst consensus estimate of $2.02 billion by 3.66%, and marking a 0.43% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:01 pm

CNA

L

Loews Corp reported Q2 2023 EPS of $1.58, up from $0.68 a year ago. Net income increased to $360 million from $167 million in Q2 2022, led by higher net income from its subsidiaries and increased net investment income. Revenues were $3.93 billion in Q2 2023 compared to $3.39 billion a year ago. CNA Financial Corp's CNA Segment's revenue contribution increased to $3.30 billion from $2.93 billion a year ago, and net income rose to $255 million from $170 million. Loews repurchased 1.8 million shares for $107 million in the quarter.

Portfolio Pulse from Lekha Gupta

July 31, 2023 | 11:54 am

HCM

HUTCHMED (China) (NASDAQ:HCM) reported a 201.04% increase in quarterly earnings YoY, with earnings of $0.97 per share. Sales also increased by 163.74% YoY, reaching $532.87 million.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 11:44 am

SYM

Symbotic's shares are trading higher following the company's better-than-expected Q3 results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 11:38 am