Streetbeat News

Earnings

UGRO

Urban-gro, Inc. (NASDAQ:UGRO) reported a 69% YoY increase in Q3 revenues to $20.9 million, with a gross profit of $2.8 million. The company reduced its net loss to $3.4 million, an improvement from the previous year, and has a project backlog of $84 million. Q4 guidance anticipates $30 million in revenues and breakeven to slightly positive adjusted EBITDA. UGRO's stock traded 1.54% higher at $1.32 following the news.

Portfolio Pulse from Jelena Martinovic

November 10, 2023 | 4:29 pm

TTD

The Trade Desk, Inc. (NASDAQ:TTD) stock is down after issuing Q4 revenue guidance below estimates, despite beating Q3 earnings and sales estimates. The company reported Q3 earnings of 33 cents per share and sales of $493.27 million, surpassing the consensus estimates. However, the Q4 revenue guidance was set at $580 million, below the expected $610.82 million. Analysts from Truist Securities, Morgan Stanley, Susquehanna, and Keybanc have updated their coverage, all maintaining their positive stance but lowering price targets. TTD shares experienced heavy trading volume and are trending on WallStreetBets and Yahoo Finance.

Portfolio Pulse from Erica Kollmann

November 10, 2023 | 4:25 pm

BW

Babcock & Wilcox Enterprises (BW) shares dropped following a report of lower year-over-year Q3 EPS and revenue that missed expectations. Additionally, Craig-Hallum downgraded BW from Buy to Hold and set a price target of $2.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 4:22 pm

CWCO

Shares of Consolidated Water Co. (CWCO) are trading higher following the announcement of their third-quarter results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 4:18 pm

DV

DoubleVerify Holdings reported a year-over-year increase in Q3 EPS and better-than-expected revenue results, leading to a rise in its share price. The company also provided FY23 revenue guidance that surpassed analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 4:13 pm

FLO

Flowers Foods' stock is trading lower due to the company reporting third-quarter revenue that fell short of expectations and providing full-year 2023 revenue guidance that was also below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 4:12 pm

MVST

Microvast Holdings, Inc. (MVST) stock is trading higher following the release of their third-quarter results, which surpassed market expectations.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 4:09 pm

ADPT

Adaptive Biotechnologies' stock price is trading lower after the company reported third-quarter results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 4:05 pm

MNTK

Montauk Renewables' stock is trading lower after the company reported its third-quarter earnings, indicating a negative market reaction to the financial results.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 4:04 pm

GDOT

Green Dot Corporation's stock is trading lower following the company's announcement of a reduction in its adjusted earnings per share (EPS) guidance for the year 2023.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 4:03 pm