Streetbeat News

Earnings

LX

LexinFintech Holdings (NASDAQ:LX) reported Q2 earnings of $0.28 per share, a 86.67% increase YoY. The company also reported $421.42 million in sales, a 16.99% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 6:06 am

YY

JOYY Inc. anticipates its net revenues for the third quarter of 2023 to range between $537 million and $567 million, falling short of the consensus estimate of $572.55 million.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 5:55 am

YY

JOYY (NASDAQ:YY) reported Q2 earnings of $1.29 per share, beating the analyst consensus estimate of $0.40 by 222.5%. This is a 98.46% increase from the same period last year. The company also reported quarterly sales of $547.33 million, beating the analyst consensus estimate of $536.38 million by 2.04%, but this is an 8.18% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 5:50 am

ZTO

ZTO Express (Cayman) (NYSE:ZTO) reported Q2 adjusted earnings of $0.42 per ADS, beating the analyst consensus estimate of $0.39 by 7.69%. This is a 27.27% increase from the same period last year. However, the company's quarterly sales of $1.34 billion missed the analyst consensus estimate of $1.41 billion by 4.75%, though it is a 3.95% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:03 pm

AGIL

AMBA

BOX

HPQ

Several information technology stocks experienced significant movement in Tuesday's after-market session. AgileThought (AGIL), SMX (SMX), Datasea (DTSS), VirnetX Holding (VHC), EMCORE (EMKR), and Bit Origin (BTOG) saw gains, while Ambarella (AMBA), Box (BOX), Hitek Global (HKIT), HP (HPQ), MicroCloud Hologram (HOLO), and Mercurity Fintech Holding (MFH) experienced losses. Q2 earnings for AMBA and BOX, and Q3 earnings for HPQ were released.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 9:31 pm

LYFT

Lyft Inc's lead independent director, Prashant 'Sean' Aggarwal, has purchased 96,900 shares at an average price of $10.34 per share, totaling over $1 million. This insider purchase comes after Lyft's Q2 earnings report in early August, where it reported sales of $1.02 billion, a 3.05% increase over the same period last year. Lyft also issued guidance for Q3 revenue between $1.13 billion and $1.15 billion.

Portfolio Pulse from AJ Fabino

August 29, 2023 | 9:25 pm

LIZI

Lizhi (NASDAQ:LIZI) reported Q2 earnings of $0.05 per ADS, a 28.57% decrease YoY. However, the company's sales increased by 6.24% to $81.80 million compared to $76.99 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 9:02 pm

SRFM

Surf Air Mobility has filed its Q2 Form 10-Q report and reiterated its prior financial outlook. The company has not provided any changes or updates to its previous financial guidance.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:58 pm

EPSN

Epsilon Energy Ltd. (EPSN) has declared a dividend of $0.0625 per share, payable on September 29th, 2023. The company also announced near-term drilling plans in Pennsylvania and Texas, which are expected to add meaningful production volumes and cash flow in 2024. However, Q3 volumes and revenues are expected to be down approximately 5% from original estimates due to the shut-in of approximately 3 MMcf per day of net production for an estimated 45 days.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:48 pm

HPQ

HP Inc. reported better-than-expected Q3 results but issued FY23 EPS guidance below estimates, causing its shares to fall in after-hours trading. The company reported Q3 earnings of 86 cents per share, beating the estimate of 80 cents, and sales of $13.20 billion, beating the estimate of $12.39 billion. However, the company's FY23 EPS is estimated to be between $3.23 and $3.35, lower than the $3.37 estimate.

Portfolio Pulse from Ryan Gustafson

August 29, 2023 | 8:41 pm