Streetbeat News

Earnings

INTA

Intapp (NASDAQ:INTA) is set to release its latest quarterly earnings report on September 6, 2023. Analysts estimate an earnings per share (EPS) of $0.01. The company's past performance shows a trend of beating EPS estimates, which has led to significant increases in share price. Shares of Intapp were trading at $36.93 as of September 4, with a 147.76% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 2:00 pm

DSGX

Descartes Systems Gr (NASDAQ:DSGX) is set to release its latest quarterly earnings report on September 6, 2023. Analysts estimate an earnings per share (EPS) of $0.33. The company's past performance shows a mixed impact on the share price post-earnings release. The stock was trading at $75.51 as of September 4, with an 8.88% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 2:00 pm

PATH

UiPath (NYSE:PATH) is set to release its latest quarterly earnings report on September 6, 2023. Analysts estimate an earnings per share (EPS) of $0.03. The company's past performance shows a pattern of share price changes following earnings reports. Shares of UiPath were trading at $15.89 as of September 4, with a 14.28% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 2:00 pm

AI

C3.ai (NYSE:AI) is set to release its latest quarterly earnings report on September 6, 2023. Analysts estimate an earnings per share (EPS) of $-0.17. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $31.22 and has seen a 111.32% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 2:00 pm

AAPL

DELL

HPQ

NVDA

Dell Technologies Inc (DELL) reported strong Q2 results, despite a 13% YoY revenue drop, exceeding Refinitiv’s consensus estimate. The company's shares surged 21.3% following the report. Dell's success is attributed to rising demand for AI-optimized servers and its partnership with Nvidia (NVDA). Morgan Stanley named Dell as its top hardware pick, replacing Apple Inc (AAPL). In contrast, HP Inc (HPQ) shares fell 6.6% due to soft guidance.

Portfolio Pulse from Upwallstreet

September 05, 2023 | 1:59 pm

AWIN

BCDA

BRC

UPTD

VERB

US stocks opened lower with the Nasdaq Composite falling around 50 points. Brady Corp reported better-than-expected Q4 results and increased its annual dividend. Verb Technology shares shot up 115% after launching a technology integration with TikTok. Shares of SIGNA Sports and GD Culture Group also rose significantly. TradeUP Acquisition, AERWINS Technologies, and BioCardia saw their shares drop.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 1:54 pm

WBD

Warner Bros. Discovery, Inc (NASDAQ:WBD) has revised its 2023 guidance due to the ongoing WGA and SAG-AFTRA strikes. The company now expects FY23 adjusted EBITDA of $10.5 billion - $11 billion, implying an impact of $300 million - $500 million due to the strikes. It has also increased its FY23 free cash flow expectations to at least $5 billion and expects to exceed $1.7 billion in free cash flow for Q3, partly due to the strong performance of Barbie. The strikes have led to the postponement of several film releases.

Portfolio Pulse from Anusuya Lahiri

September 05, 2023 | 1:30 pm

BRC

Brady Corp's shares are trading higher by around 11% after reporting Q4 FY23 results, boosting share repurchases and increasing its quarterly dividend. The company reported a sales growth of 6.8% Y/Y to $345.93 million, beating the consensus of $329.19 million. Adjusted EPS of $1.04 also beat the consensus of $0.90. The company returned $56.4 million and $120.4 million in dividends and share repurchases respectively. The Board of Directors authorized an additional share buyback worth $100 million and approved an increase in the annual dividend to shareholders from $0.92 to $0.94 per share.

Portfolio Pulse from Lekha Gupta

September 05, 2023 | 1:13 pm

RGF

Real Good Food Company, Inc. (NASDAQ:RGF) reported record dollar sales of $8.9m in the four-week period ending August 13th, 2023, representing a 29% growth YoY. The company's core products, including Entrée and Breakfast items, grew by 46% over the same period. The overall Frozen category was flat at 0.1% over the four-week period, while the Health & Wellness Frozen Food subcategory, which includes brands like Real Good Foods, grew by 6.6%.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 1:12 pm

METX

BTC Digital Ltd. (NASDAQ:METX) has provided updates on its digital currency business for Q2 2023, reporting that it had deployed 1,754 BTC miners with a total mining hash rate of 188PH/s and a total output of 35.07 BTC. The company has also deployed 200 S19J PRO mining machines, increasing the mining hash rate by 22 PH/s. BTC Digital plans to acquire more BTC miners by the end of 2023 through share issuance, mergers and acquisitions, or financings. The company is also considering building or acquiring BTC miners in North America, reducing energy costs, and developing a custody business.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 12:46 pm