Streetbeat News

Earnings

TIVC

Tivic Health Systems (NASDAQ:TIVC) reported Q2 losses of $(0.07) per share, beating the analyst consensus estimate of $(0.08) by 12.5%. However, the company's quarterly sales of $161.00K missed the analyst consensus estimate of $630.00K by 74.44%. This represents a 69.51% decrease over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:46 pm

SNAL

Snail (NASDAQ:SNAL) reported Q2 losses of $(0.11) per share, missing the analyst consensus estimate of $0.07 by 257.14 percent. The company also reported quarterly sales of $9.89 million, missing the analyst consensus estimate of $22.48 million by 56.00 percent.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:43 pm

AEY

Addvantage Technologies (NASDAQ:AEY) reported Q2 losses of $(0.20) per share, a 81.82% decrease YoY. The company also reported a 49.12% decrease in sales to $12.09 million YoY.

Portfolio Pulse from mahesh@benzinga.com

August 14, 2023 | 8:43 pm

FOX

FOXA

RUM

Rumble Inc (NASDAQ:RUM) reported Q2 revenue of $24.97 million, up 468% YoY, beating the Street consensus estimate of $18.15 million. However, the company reported a loss of 15 cents per share, missing the Street consensus estimate of a loss of 8 cents per share. The company reported 44 million average global monthly active users, down from 48 million in Q1. Rumble ended Q2 with $296.7 million in cash and cash equivalents. The company also announced it will livestream the first Republican primary debate for the 2024 presidential race, which will be broadcast by Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA).

Portfolio Pulse from Chris Katje

August 14, 2023 | 8:43 pm

VEV

Vicinity Motor (NASDAQ:VEV) reported Q2 losses of $(0.02) per share, an 80% improvement from $(0.10) per share YoY. However, sales decreased by 58.98% to $4.82 million from $11.74 million YoY.

Portfolio Pulse from vinayak@benzinga.com

August 14, 2023 | 8:42 pm

AZYO

Aziyo Biologics reported Q2 losses of $0.65 per share, missing the analyst consensus estimate of $0.29 by 124.14%. The company's quarterly sales were $10.30 million, missing the estimate of $12.50 million by 17.63%. This represents a 5.8% increase in losses and an 18.53% decrease in sales compared to the same period last year.

Portfolio Pulse from sunil@benzinga.com

August 14, 2023 | 8:42 pm

BRFH

Barfresh Food Group (NASDAQ:BRFH) reported Q2 losses of $(0.06) per share, in line with analyst consensus. However, the company's quarterly sales of $1.51 million missed the analyst consensus estimate of $2.15 million by 29.72 percent, marking a 46.02 percent decrease from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 14, 2023 | 8:41 pm

CWBR

CohBar (NASDAQ:CWBR) reported a 65.56% increase in its quarterly losses, with an EPS of $(1.49), compared to $(0.90) in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:40 pm

AAMC

Altisource Asset Mgmt (AMEX:AAMC) reported Q2 losses of $(2.16) per share, an 8% decrease YoY. However, the company's sales increased by 260.23% to $1.92 million from $533.00 thousand in the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 14, 2023 | 8:40 pm

MOTS

Motus GI Hldgs (NASDAQ:MOTS) reported Q2 losses of $(0.40) per share, a 78.49% increase from $(1.86) per share YoY. Sales were reported at $113.00K, a 38.92% decrease from $185.00K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:40 pm