Streetbeat News

Earnings

BLDE

FTCI

Several industrial stocks experienced significant price movements during Wednesday's intraday session. Blade Air Mobility, Pineapple Energy, ShiftPixy, Energy Vault Holdings, Intelligent Living, and Performant Finl were among the gainers, with increases ranging from 16.81% to 30.2%. On the other hand, FTC Solar, Custom Truck One Source, Array Technologies, Falcons Beyond Global, Innovate, and Mercury Sys were among the losers, with decreases ranging from 12.53% to 71.3%. The Q3 earnings reports for several of these companies were recently released.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 5:31 pm

AIP

EXFY

INTZ

PRSO

During Wednesday's intraday session, several information technology stocks experienced significant movements. Gainers included Peraso (PRSO), Intrusion (INTZ), Porch Group (PRCH), Oblong (OBLG), Turtle Beach (HEAR), and Bit Origin (BTOG). Losers included Expensify (EXFY), Arteris (AIP), Synchronoss Technologies (SNCR), SPI Energy (SPI), Casa Systems (CASA), and Identiv (INVE). Most of these movements were accompanied by high trading volumes and recent Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 5:31 pm

EHAB

Enhabit reported its Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:30 pm

FTCI

FTC Solar reported mixed Q3 financial results and issued guidance, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:30 pm

AVDX

AvidXchange Holdings reported better-than-expected Q3 financial results and raised its FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:29 pm

RL

Ralph Lauren Corp reported Q2 FY24 sales growth of 3% YoY to $1.63 billion, beating the analyst consensus estimate of $1.61 billion. Revenue in North America decreased by 1%, Europe increased by 7%, and Asia grew by 10%. The company held $1.5 billion in cash and equivalents as of September 30, 2023. Ralph Lauren continues to expect revenues to increase approximately low-single digits to last year on a constant currency basis. RL shares are trading higher by 2.13% at $115.26.

Portfolio Pulse from Shivani Kumaresan

November 08, 2023 | 5:28 pm

GO

Grocery Outlet has reported lower-than-expected Q3 revenue guidance and issued FY23 guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:21 pm

DOX

Amdocs reported Q4 financial results and issued Q1 guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:19 pm

FRPH

FRP Holdings (NASDAQ:FRPH) reported Q3 earnings of $0.13 per share, a 160% increase YoY. The company also reported sales of $10.59M, a 13.96% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:19 pm

APLE

Apple Hospitality REIT has reported its Q3 financial results and issued FY23 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:18 pm