Streetbeat News

Earnings

XP

XP Inc. reported an 11% year-over-year increase in active clients for the second quarter.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:12 pm

MARK

Remark Hldgs (NASDAQ:MARK) reported Q2 losses of $(0.42) per share, a 65% improvement from $(1.20) per share YoY. Sales also increased by 23.81% to $3.17 million from $2.56 million YoY.

Portfolio Pulse from bharat@benzinga.com

August 14, 2023 | 8:12 pm

PPSI

Pioneer Power Solutions (NASDAQ:PPSI) reported Q2 losses of $(0.03) per share, a 88.46% increase YoY. The company's quarterly sales were $12.10 million, beating the analyst consensus estimate of $9.66 million by 25.26%, and marking a 182.12% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:12 pm

SPXL

SPXS

SPY

The SPDR S&P 500 (NYSE:SPY) closed 0.55% higher on Monday, but the current trend suggests it may trade lower. However, positive reactions to retail-heavy earnings this week could turn the market bullish. Home Depot, Target, and Walmart are set to release their financial results this week. Traders can play the SPY through Direxion Daily S&P 500 Bull 3X Shares (NYSE:SPXL) and Direxion Daily S&P 500 Bear 3X Shares (NYSE: SPXS), which are triple leveraged funds that track the movement of the SPY.

Portfolio Pulse from Melanie Schaffer

August 14, 2023 | 8:12 pm

CLVR

Clever Leaves Holdings (NASDAQ:CLVR) reported Q2 earnings per share (EPS) of $(0.08), beating the analyst consensus estimate of $(0.09) by 11.11%. However, this is a 166.67% decrease over losses from the same period last year. The company's quarterly sales of $4.98 million missed the analyst consensus estimate of $5.00 million by 0.38%, but this is a 21.49% increase over sales from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 14, 2023 | 8:11 pm

CLSD

Clearside Biomedical (NASDAQ:CLSD) reported Q2 losses of $(0.15) per share, missing the analyst consensus estimate of $(0.14) by 7.14%. This is a 15.38% decrease over losses from the same period last year. However, the company reported quarterly sales of $1.02 million, beating the analyst consensus estimate of $120.00 thousand by 748.33%, a 165.10% increase over sales from the same period last year.

Portfolio Pulse from totan@benzinga.com

August 14, 2023 | 8:11 pm

JOB

GEE Group (AMEX:JOB) reported Q3 earnings of $0.07 per share, beating the analyst consensus estimate of $0.01 by 600%. However, the company's quarterly sales of $38.17 million missed the analyst consensus estimate of $38.94 million by 1.97%. This represents a 7.16% decrease over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:11 pm

SLGC

SomaLogic's shares are trading higher following the company's Q2 financial results, which exceeded expectations. The company also issued guidance.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:11 pm

UGRO

Urban-gro (NASDAQ:UGRO) reported Q2 losses of $(0.50) per share, missing the analyst consensus estimate of $(0.28) by 78.57%. This is a 194.12% decrease over losses of $(0.17) per share from the same period last year. The company also reported quarterly sales of $18.84 million, missing the analyst consensus estimate of $19.02 million by 0.96%. However, this is a 15.69% increase over sales of $16.28 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:10 pm

MRDB

MariaDB (NYSE:MRDB) reported Q3 losses of $(0.14) per share and sales of $13.04 million.

Portfolio Pulse from totan@benzinga.com

August 14, 2023 | 8:10 pm