Streetbeat News

Earnings

GOEV

Canoo reported Q2 losses of $(0.14) per share, beating the analyst consensus estimate of $(0.19) by 26.32 percent. This represents a 79.41 percent increase over losses from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 14, 2023 | 8:56 pm

AREC

American Res (NASDAQ:AREC) reported Q2 losses of $(0.09) per share, missing the analyst consensus estimate of $(0.04) by 125%. The company also reported quarterly sales of $1.98 million, missing the analyst consensus estimate of $18.30 million by 89.17%. This represents a significant decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:56 pm

FPAY

FlexShopper (NASDAQ:FPAY) reported Q2 losses of $(0.22) per share, a 143.14% decrease YoY. Sales also decreased by 32.96% to $24.50M compared to $36.55M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:55 pm

BEEM

Beam Global (NASDAQ:BEEM) reported Q2 earnings, beating analyst consensus estimates for both losses per share and sales. The company reported losses of 32 cents per share, beating the estimate of 34 cents, and sales of $17.82 million, beating the estimate of $14.40 million. The company also reported record Q2 EV ARC system deployments. The company's CEO highlighted their focus on European expansion through the intended acquisition of Amiga and the company's solid financial foundation.

Portfolio Pulse from Ryan Gustafson

August 14, 2023 | 8:54 pm

MPU

Mega Matrix Corp reported its Q2 cash on hand at $10.8M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:53 pm

ARKR

Ark Restaurants reported Q3 earnings of $0.88 per share, a decrease of 39.73% from the same period last year. The company also reported sales of $51.05 million, a decrease of 4.07% from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 14, 2023 | 8:53 pm

NIR

Near Intelligence has projected its Q3 revenue to be between $18M and $20M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:53 pm

YOSH

Yoshiharu Global (NASDAQ:YOSH) reported a 15.79% increase in Q2 sales, reaching $2.20 million, up from $1.90 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:52 pm

MNTS

Momentus (NASDAQ:MNTS) reported Q2 losses of $(0.20) per share, missing the analyst consensus estimate of $(0.17) by 17.65%. However, the company's quarterly sales of $1.71 million beat the analyst consensus estimate of $940.00 thousand by 81.38%. This represents a 3.31K% increase over sales from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 14, 2023 | 8:51 pm

KNW

Know Labs reported Q3 losses of $(0.18) per share, a 157.14% increase from $(0.07) per share losses in the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 14, 2023 | 8:51 pm