Streetbeat News

Earnings

AFRM

Affirm Holdings, Inc. (NASDAQ:AFRM) reported better-than-expected Q1 financial results, with losses of 57 cents per share, beating the analyst consensus estimate of a loss of 70 cents per share. The company also reported quarterly sales of $496.55 million, a 37.31% YoY increase, beating the consensus estimate of $444.77 million. Following the earnings report, Wells Fargo and Wedbush analysts maintained their ratings and raised the price target for AFRM. The company's shares are trading higher with heavy volume.

Portfolio Pulse from Erica Kollmann

November 09, 2023 | 4:32 pm

SUPN

Supernus Pharmaceuticals reported better-than-expected Q3 revenue results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:31 pm

BTCUSD

HUT

Hut 8 Mining Corp. (NASDAQ:HUT) shares are trading higher in sympathy with Bitcoin (CRYPTO: BTC). The company's shares have climbed more than 20% over the last month due to the rising price of Bitcoin and anticipation of BlackRock's spot Bitcoin ETF approval. The company is set to report its Q3 financial results on Nov. 14.

Portfolio Pulse from Erica Kollmann

November 09, 2023 | 4:28 pm

MSEX

Middlesex Water (NASDAQ:MSEX) reported a decrease in Q3 earnings and sales YoY. Earnings per share fell by 30% to $0.56 from $0.80, and sales decreased by 2.13% to $46.72 million from $47.73 million.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:27 pm

TLS

Telos Corp (NASDAQ:TLS) reported Q3 FY23 revenue of $36.2 million, beating the consensus of $31.9 million. However, both services and products revenue decreased compared to the previous year. Adjusted EPS loss was $(0.07), beating the consensus loss of $(0.13). The company revised its FY23 outlook for revenue to $134 million - $138 million from $122 million - $137 million.

Portfolio Pulse from Lekha Gupta

November 09, 2023 | 4:27 pm

BE

Bloom Energy Corporation (NYSE:BE) reported better-than-expected Q3 results, with earnings of 15 cents per share, beating the analyst consensus estimate of a loss of 4 cents per share by 475%. Quarterly sales were $400.27 million, beating the analyst consensus estimate of $369.6 million by 8.3%. Shares of BE are trading higher with heavy volume, attracting attention from short-sellers.

Portfolio Pulse from Erica Kollmann

November 09, 2023 | 4:25 pm

ATRO

Astronics Corporation reported lower than expected Q3 revenue results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:25 pm

LMB

Limbach Holdings reported a year-over-year increase in Q3 EPS results and better-than-expected revenue results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:25 pm

MARA

Marathon Digital Holdings reported a year-over-year increase in Q3 EPS results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:23 pm

CLMT

Calumet Speciality Products reported a year-over-year increase in Q3 EPS results and better-than-expected revenue results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:15 pm