Streetbeat News

Earnings

INNV

InnovAge Holding (NASDAQ:INNV) reported Q4 losses of $(0.09) per share, missing the analyst consensus estimate of $(0.03) by 200 percent. However, the company's quarterly sales of $176.87 million beat the analyst consensus estimate of $173.58 million by 1.90 percent, marking a 2.32 percent increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:52 pm

EPM

Evolution Petroleum Corporation's Q4 earnings and sales missed analyst consensus estimates, leading to a drop in its stock price in after-hours trading. The company reported zero cents per share earnings, a 99.77% decrease from the same period last year, and sales of $18.17 million, a 56.75% decrease from the previous year. Despite the disappointing quarter, the company reported a 19% increase in net barrels of oil equivalent per day for the full year 2023.

Portfolio Pulse from Ryan Gustafson

September 12, 2023 | 8:39 pm

ORCL

PANW

Palo Alto Networks, Inc. (PANW) shares fell nearly 3% on Tuesday, in sympathy with Oracle (ORCL), which dropped after issuing soft guidance. Oracle reported mixed first-quarter earnings results and expects total revenue to grow between 5% and 7% in the second quarter, which is lower than anticipated.

Portfolio Pulse from Ryan Gustafson

September 12, 2023 | 8:27 pm

CNTB

Connect Biopharma Hldgs (NASDAQ:CNTB) reported a 54.55% decrease in its quarterly losses, from $(1.10) per share last year to $(0.50) per share this year.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:19 pm

FARM

Farmer Bros (NASDAQ:FARM) reported Q4 losses of $(0.84) per share, missing the analyst consensus estimate of $(0.61) by 37.7%. This is a 300% increase in losses from the same period last year. However, the company beat the sales estimate of $85.20M with reported sales of $85.50M, a decrease of 30.48% from last year.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 8:18 pm

EPM

Evolution Petroleum (AMEX:EPM) reported Q4 adjusted earnings of $0.00 per share, missing the analyst consensus estimate of $0.06 by 98.33%. This is a 99.77% decrease from the same period last year. The company also reported quarterly sales of $18.17 million, missing the analyst consensus estimate of $21.64 million by 16.02%, a 56.75% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:17 pm

EGIO

Edgio reported Q2 adjusted EPS of $(0.09), beating the estimate of $(0.11) by 18.18%. This is a 228.57% decrease from last year's earnings. The company's quarterly sales were $95.80M, surpassing the estimate of $95.31M by 0.51%. This is a 28.92% increase from last year's sales.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 8:12 pm

LSAK

Lesaka Technologies (NASDAQ:LSAK) reported Q4 sales of $133.10 million, beating the analyst consensus estimate of $129.94 million by 2.43 percent. This represents a 9.29 percent increase over sales of $121.79 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:10 pm

GLBS

Globus Maritime (NASDAQ:GLBS) reported Q2 losses of $(0.06) per share, a 111.11% decrease from $0.54 per share YoY. Sales also decreased by 59.25% to $7.80 million from $19.14 million YoY.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:06 pm

MAMA

Mama's Creations (NASDAQ:MAMA) reported Q2 earnings of $0.05 per share, beating the analyst consensus estimate of $0.02 by 150%. This is a 350% increase over losses from the same period last year. The company also reported quarterly sales of $24.80 million, beating the analyst consensus estimate of $23.30 million by 6.44%. This is an 8.55% increase over sales from the same period last year.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 8:06 pm