Streetbeat News

Earnings

AREN

Arena Group Holdings (AMEX:AREN) is set to release its latest quarterly earnings report on August 14, 2023. Analysts estimate an earnings per share (EPS) of $-0.80. The company's past performance shows a trend of share price drops following earnings beats. The stock is currently trading at $3.41, down 66.29% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:01 pm

DLPN

Dolphin Entertainment (NASDAQ:DLPN) is set to release its latest quarterly earnings report on August 14, 2023. Analysts estimate an earnings per share (EPS) of $-0.06. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $1.83, down 64.87% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:01 pm

MNTS

Momentus (NASDAQ:MNTS) is set to release its quarterly earnings report on Monday, 2023-08-14, with an estimated EPS of $-0.17. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The stock is currently trading at $0.3446, down 85.67% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:01 pm

PDD

A whale investor has taken a bullish stance on PDD Holdings (NASDAQ:PDD), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $60.0 to $140.0 for PDD Holdings over the last 3 months. The price of PDD is currently down -4.34% at $81.04. The next earnings are expected to be released in 17 days.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 4:45 pm

AKBA

Akebia Therapeutics has announced a delay in the filing of its Q2 earnings and Form 10Q. However, the company has reaffirmed its FY23 net product revenue guidance. This news has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:36 pm

LUNA

Luna Innovations reported worse-than-expected Q2 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:23 pm

SLRX

Salarius Pharmaceuticals reported worse-than-expected Q2 earnings per share (EPS) results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:22 pm

TISI

Shares of Team Inc. (TISI) are trading lower following the company's announcement of a year-over-year decrease in Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:21 pm

AMRS

CANO

JYNT

RGTI

TSAT

YTEN

US stocks traded mixed with the Dow Jones gaining around 100 points while the NASDAQ and S&P 500 fell. Energy shares jumped by 1.6% while information technology shares fell by 0.8%. Amyris, Inc. (AMRS) shares shot up 141% after filing for Chapter 11 bankruptcy. Telesat Corporation (TSAT) shares rose 39% after reporting Q2 results and a $2.1 billion deal with MDA. Rigetti Computing, Inc. (RGTI) shares were up 49% following a narrower-than-expected quarterly loss. Yield10 Bioscience, Inc. (YTEN) shares dropped 58% after announcing a $3.7 million public offering. Cano Health, Inc. (CANO) shares were down 70% after reporting worse-than-expected Q2 results and pursuing a sale process. The Joint Corp. (JYNT) shares fell 19% after Q2 operating highlights.

Portfolio Pulse from Lisa Levin

August 11, 2023 | 4:19 pm

VIEW

View Inc. reported better-than-expected Q2 financial results, leading to a rise in its share price. The company also announced that it has regained compliance with the Nasdaq minimum bid price requirements.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:15 pm