Streetbeat News

Earnings

JYNT

The Joint Corp. has reported preliminary Q2 revenue of $29.3M, which is lower than the estimated $30.22M.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:13 pm

RSSS

Research Solutions (NASDAQ:RSSS) reported Q4 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.01) by 200 percent. This is a 150 percent increase over losses of $(0.02) per share from the same period last year. The company also reported quarterly sales of $9.96 million, beating the analyst consensus estimate of $9.70 million by 2.68 percent, a 16.33 percent increase over sales of $8.56 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:13 pm

IBEX

IBEX has projected its Q1 revenue to be between $122M-$125M, which is lower than the estimated $133.64M. The company also forecasts its FY24 revenue to be between $525M-$535M, falling short of the estimated $554.74M.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:10 pm

RLGT

Radiant Logistics (AMEX:RLGT) reported Q4 earnings of $0.14 per share, beating the analyst consensus estimate of $0.12 by 16.67%. However, this is a 65% decrease from last year's earnings. The company's quarterly sales of $232.22 million missed the analyst consensus estimate of $250.87 million by 7.43%, marking a 41.74% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:09 pm

IBEX

IBEX reported Q4 earnings of $0.33 per share, missing the analyst consensus estimate of $0.49 by 32.65%. This is a 21.43% decrease from the same period last year. The company also reported quarterly sales of $124.40 million, missing the analyst consensus estimate of $125.81 million by 1.12%. This is a 0.56% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:06 pm

CSBR

Champions Oncology (NASDAQ:CSBR) reported Q1 losses of $(0.16) per share, missing the analyst consensus estimate of $(0.10) by 60%. The company also reported quarterly sales of $12.60 million, missing the analyst consensus estimate of $13.06 million by 3.52%. This represents an 8.33% decrease over sales of $13.74 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:03 pm

GDDY

B. Riley Securities analyst Naved Khan has reiterated a Buy rating on GoDaddy Inc. (NYSE:GDDY), raising the price target to $107 from $102. Khan believes that the current Street expectations for 2024 EBITDA margin (26.5%) are too low, with management reiterating 28% as a 'floor' for margin next year. The analyst is also bullish on the prospects of a pickup in revenue growth and its sustainability, given the strength in underlying drivers. The analyst raised the FY23 EPS estimate to $2.57 from $2.54. FY23 revenue estimates stand at $4.257 billion.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2023 | 6:35 pm

AVTX

EIGR

HRT

RCKT

REVG

Several stocks experienced significant price movements in Wednesday's mid-day session. Eiger BioPharmaceuticals shares dropped by 52.5% after the company decided to discontinue a Phase 3 study. Avalo Therapeutics shares surged by 68% after receiving a notice from Nasdaq. Rocket Pharmaceuticals rose by 31.8% after reaching alignment with the FDA on a global Phase 2 trial. HireRight Holdings climbed by 14.8% after planning an additional $25 million share repurchase program. REV Group surged by 9.2% after reporting better-than-expected Q3 results and raising FY23 net sales guidance.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 6:07 pm

CASY

Raymond James analyst Bobby Griffin reiterated a Market Perform rating on Casey's General Stores Inc (NASDAQ:CASY) after its 1Q FY24 earnings exceeded expectations. The company's unique business model, focusing on small towns, large food business, and growing customer loyalty, sets it apart from other industry participants. The analyst anticipates the addition of at least 150 stores in FY24, up from the previous outlook of 110 stores. CASY shares are trading higher by 3.04% at $274.20.

Portfolio Pulse from Shivani Kumaresan

September 13, 2023 | 6:03 pm

ADBE

Adobe's shares are trading higher in anticipation of the company's upcoming earnings report. The company has also announced new product releases.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 6:00 pm