Streetbeat News

Earnings

NGS

Natural Gas Services (NYSE:NGS) reported Q2 earnings of $0.04 per share, beating the analyst consensus estimate of $(0.02) by 300 percent. This is a 500 percent increase over losses of $(0.01) per share from the same period last year. The company also reported quarterly sales of $26.96 million, beating the analyst consensus estimate of $24.80 million by 8.70 percent, a 35.29 percent increase over sales of $19.93 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:14 pm

VERO

Venus Concept reported its Q2 earnings per share (EPS) at $(1.35), which is better than the estimated $(1.54).

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:14 pm

GVP

GSE Systems (NASDAQ:GVP) reported Q2 losses of $(0.06) per share, beating the analyst consensus estimate of $(0.11) by 45.45%. The company also reported quarterly sales of $12.39 million, surpassing the analyst consensus estimate of $11.47 million by 7.99%. However, this represents a 2.81% decrease over sales of $12.74 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:13 pm

VERO

Venus Concept (NASDAQ:VERO) reported Q2 sales of $20.10 million, missing the analyst consensus estimate of $20.67 million by 2.76 percent. This represents a 26.28 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:13 pm

CMPO

CompoSecure (NASDAQ:CMPO) reported Q2 earnings of $0.25 per share, in line with analyst consensus. However, this is a 51.92% decrease from the same period last year. The company's quarterly sales of $98.53M missed the analyst consensus estimate of $100.69M by 2.15%, but it's a 1.37% increase from the same period last year.

Portfolio Pulse from totan@benzinga.com

August 14, 2023 | 8:13 pm

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