Streetbeat News

Earnings

GATO

Gatos Silver reported a decline of 18% YoY in silver production at its 70% owned Cerro Los Gatos Mine, producing 2.22M ounces in 3Q23. The production of other metals such as zinc, lead, and gold also decreased compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 6:16 am

HPQ

HP has announced its FY24 outlook, expecting GAAP EPS of $2.75-$3.15 and non-GAAP EPS of $3.25-$3.65, compared to the consensus of $3.47. The company also forecasts free cash flow of $3.1B-$3.6B.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 5:52 am

AZZ

AZZ Inc. reported Q2 earnings of $1.27 per share, beating the analyst consensus estimate of $1.08. The company also reported quarterly sales of $398.50 million, beating the analyst consensus estimate of $396.91 million. The Metal Coatings segment reported record sales of $169.8 million. The company reaffirmed its full-year 2024 guidance, expecting earnings per share to be between $3.85 and $4.35 and sales between $1.40 billion and $1.55 billion. Shares of AZZ were up 3.49% in the after-hours session.

Portfolio Pulse from Ryan Gustafson

October 10, 2023 | 10:57 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has reached a milestone with its Model Y, surpassing two million unit sales in just three and a half years. The Model Y is now one of the bestselling electric vehicles in the world and is poised to outsell the Model 3 in the current fourth quarter. Tesla is guiding to 1.8 million units sold for the full fiscal year and aims for 50% annual production growth. The company's highly anticipated Cybertruck electric pickup is nearing its delivery milestone.

Portfolio Pulse from Chris Katje

October 10, 2023 | 9:54 pm

AIXI

ALAR

ETWO

MYSZ

PRST

RBT

In Tuesday's after-market session, several information technology stocks saw significant movement. My Size, Rubicon Technologies, Remark Hldgs, Akerna, Rackspace Tech, and Rekor Systems experienced gains, while E2open Parent Holdings, Alarum Technologies, Mobilicom, Presto Automation, Smith Micro Software, and XIAO-I saw declines. E2open and Presto Automation's Q2 earnings reports were released.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 9:32 pm

SILV

SilverCrest Metals Inc. has released its Q3 2023 operational results, reporting the sale of 14,500 ounces of gold at an average price of $1,931/oz and 1.53 million ounces of silver at an average price of $23.41/oz. The company generated $63.8 million in revenue from these sales. SilverCrest also spent $7.1 million to buy back 1.5 million shares, demonstrating its financial strength and commitment to return shareholder capital. The company remains well funded with $81.7 million in treasury holdings.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 9:07 pm

RYAM

Rayonier Advanced Materials (RYAM) has announced a financial vision focused on achieving $325M in annual EBITDA over the next five years.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:52 pm

PRST

Presto Automation (NASDAQ:PRST) reported Q2 losses of $(0.68) per share, a 17.07% improvement YoY. However, the company's quarterly sales of $4.82M missed the analyst consensus estimate of $9.60M by 49.80%, marking a 38.94% decrease YoY.

Portfolio Pulse from Happy Mohamed

October 10, 2023 | 8:48 pm

ETWO

E2open Parent Holdings Inc (NYSE:ETWO) reported Q2 earnings of four cents per share, missing the analyst consensus estimate of five cents. The company also reported quarterly sales of $157.70 million, missing the analyst consensus estimate of $159.66 million. The company's shares fell 9.34% in the after-hours session. E2open anticipates full-year 2024 subscription revenue to be between $530 million and $538 million and total revenue to be between $625 million and $635 million.

Portfolio Pulse from Ryan Gustafson

October 10, 2023 | 8:48 pm

UCAR

U Power reported 1H 2023 financial results with total revenues of $0.3M, down from the same period last year. The company didn't generate revenue from product sales due to insufficient business development in new market regions. Operating loss was $2.8M, up from last year, primarily due to increased audit and professional service costs. Net loss was $1.0M, down from last year.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:41 pm