Streetbeat News

Earnings

MSFT

SONY

Microsoft Corporation's Xbox reported a 13% decline in hardware revenue for Q4 and the full fiscal year ending June 30 due to lower console sales. However, gaming revenue increased by $36 million, driven by growth in Xbox content and services. In contrast, Sony Group Corporation's PlayStation reported strong hardware sales in Q4, with sales three times higher YoY, reaching a total of 38.4 million units sold.

Portfolio Pulse from Franca Quarneti

July 26, 2023 | 9:16 pm

INBK

First Internet (NASDAQ:INBK) reported Q2 earnings of $0.44 per share, beating the analyst consensus estimate of $0.38 by 15.79%. However, this is a 58.49% decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:16 pm

TCBK

TriCo (NASDAQ:TCBK) reported Q2 earnings of $0.75 per share, missing the analyst consensus estimate of $0.94 by 20.21 percent. This represents a 19.35 percent decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:14 pm

ICLR

ICON has revised its FY23 adjusted EPS guidance from a range of $12.40-$13.05 to a narrower range of $12.63-$12.91. The consensus estimate stands at $12.60.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:13 pm

FSBW

FS Bancorp reported Q2 earnings of $1.16 per share, missing the analyst consensus estimate of $1.22 by 4.92 percent. However, this is a 39.76 percent increase over earnings of $0.83 per share from the same period last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:12 pm

TER

Teradyne has provided its Q3 earnings per share (EPS) guidance in the range of $0.61-$0.81, compared to the estimated $0.71. The company also expects its Q3 revenue to be between $650M-$710M, versus the estimated $671.48M.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:12 pm

PTC

PTC Inc. has projected its cash from operations for Q3 2023 to be approximately $160 million.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:12 pm

BELFB

Bel Fuse (NASDAQ:BELFB) reported Q2 earnings of $1.99 per share, beating the analyst consensus estimate of $1.23 by 61.79%. This is a 44.2% increase from the same period last year. The company also reported quarterly sales of $168.78 million, beating the analyst consensus estimate of $166.25 million by 1.52%, but this is a 1.05% decrease from the same period last year.

Portfolio Pulse from sunil@benzinga.com

July 26, 2023 | 9:11 pm

BCML

BayCom (NASDAQ:BCML) reported Q2 earnings of $0.59 per share, beating the analyst consensus estimate of $0.53 by 11.32 percent. This represents a 55.26 percent increase over earnings of $0.38 per share from the same period last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:11 pm

ARR

ARMOUR Residential REIT (NYSE:ARR) reported Q2 earnings of $0.23 per share, missing the analyst consensus estimate of $0.24 by 4.17%. This is a 20.69% decrease from the same period last year. The company also reported quarterly sales of $5.76 million, missing the analyst consensus estimate of $53.43 million by 89.22%, a decrease of 83.56% from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 26, 2023 | 9:11 pm