Streetbeat News

Earnings

IMAB

I-MAB (NASDAQ:IMAB) reported a 25.81% increase in quarterly losses from $(0.62) per share last year to $(0.46) per share this year. However, the company's sales decreased by 64.98% from $7.74 million to $2.71 million over the same period.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:06 am

DOLE

Dole expects its FY23 adjusted EBITDA to be at least $350M. The company is monitoring potential disruptions due to El Niño climatic conditions in key growing regions in Central and South America. Despite the unpredictable macro-economic environment, Dole has seen positives such as the strengthening Euro relative to the U.S. Dollar, more open supply chains, and moderation of inflation for certain input costs. However, it continues to be impacted by higher interest rates and other foreign currency movements.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:06 am

BILI

Bilibili has lowered its FY23 revenue outlook to $3.21B - $3.36B from the previous $3.495B - $3.786B, against a $3.38B estimate. The revision is mainly due to delays in game launches and lower than expected revenue from non-core businesses.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:05 am

DESP

Despegar.com has reaffirmed its 2023 annual guidance, expecting revenue of $640M-$700M, with an estimated average of $669.48M. The company also anticipates an adjusted EBITDA of $80M-$100M.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:04 am

DOLE

Dole (NYSE:DOLE) reported Q2 adjusted earnings of $0.51 per share, beating the analyst consensus estimate of $0.34 by 50%. However, the company's quarterly sales of $2.14 billion missed the analyst consensus estimate of $2.27 billion by 5.68%.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:03 am

BILI

Bilibili reported a 15% YoY increase in its Q2 average daily active users (DAUs), reaching 96.5 million.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:01 am

DESP

Despegar.com (NYSE:DESP) reported Q2 earnings of $0.25 per share, beating the analyst consensus estimate of $0.06 by 316.67%. The company also reported quarterly sales of $165.50 million, surpassing the analyst consensus estimate of $158.85 million by 4.19%. This represents a significant increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:01 am

BILI

Bilibili reported Q2 adjusted EPS of $(0.32), beating the estimate of $(0.35) by 8.57%. This is a 56.76% increase over losses from the same period last year. The company's quarterly sales of $731.50M also beat the estimate of $726.38M by 0.70%, although this is a 0.19% decrease from last year's sales.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:00 am

TRMD

TORM has revised its FY23 TCE earnings to $1.050B-$1.175B, a slight increase from the previous estimate of $1.025B-1.375B. The company also adjusted its EBITDA to $775M-$900M, down from the prior $750M-$1.100B.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 9:50 am

TRMD

TORM (NASDAQ:TRMD) reported Q2 earnings of $2.23 per share, beating the analyst consensus estimate of $2.02 by 10.4%. This is a 70.23% increase from the same period last year. The company also reported quarterly sales of $384.30 million, beating the analyst consensus estimate of $349.53 million by 9.95%. This is a 13.53% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 9:45 am