Streetbeat News

Earnings

DKNG

DraftKings reported better-than-expected Q3 financial results and raised its 2023 revenue guidance midpoint to above the analyst consensus estimate. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:19 pm

EXPE

Expedia reported better-than-expected Q3 financial results, announced a $5 billion share repurchase authorization, and reiterated full year guidance. This has led to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:19 pm

CISS

C3is (NASDAQ:CISS) reported Q3 2023 earnings of $0.15 per share and $10.11 million in sales.

Portfolio Pulse from bharat@benzinga.com

November 03, 2023 | 1:18 pm

TEAM

Atlassian's shares are trading lower following the release of the company's Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:18 pm

SQ

Block Inc, formerly known as Square Inc, reported better-than-expected Q3 financial results and issued positive Q4 guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:18 pm

SYK

Stryker Corporation's shares are trading lower following the release of its Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:17 pm

FTNT

Fortinet reported mixed Q3 financial results and issued Q4 and FY23 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:17 pm

CODI

FOXF

Fox Factory Holding Corp's shares have fallen by 20% following the release of its Q3 FY23 results, which showed a 19.1% Y/Y decline in net sales to $331.1 million, missing the consensus of $398.3 million. The company's gross margin also contracted to 32.4% due to a shift in product line mix and costs related to maintaining the skilled workforce amid a UAW strike. The company also announced a share repurchase plan for up to $300 million common shares and the acquisition of Marucci Sports, LLC from Compass Diversified Holdings for $572 million.

Portfolio Pulse from Lekha Gupta

November 03, 2023 | 1:15 pm

AAPL

Apple's shares are trading lower following the release of the company's Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:14 pm

MNST

Monster Beverage's shares are trading higher following the release of the company's Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:13 pm