Streetbeat News

Earnings

NTIP

Network-1 Technologies reported Q2 losses of $(0.02) per share, a 66.67% increase over losses of $(0.06) per share from the same period last year. The company reported $283.00 thousand in sales this quarter.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 9:59 pm

ASTL

Algoma Steel Gr (NASDAQ:ASTL) reported Q1 earnings of $0.63 per share, missing the analyst consensus estimate of $0.70 by 9.57%. This is a 45.9% decrease from the same period last year. However, the company's quarterly sales of $615.78 million beat the analyst consensus estimate of $611.28 million by 0.74%, despite being a 15.88% decrease from the same period last year.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 9:54 pm

AKBA

Akebia Therapeutics has reported a late filing of its Q2 earnings and Form 10-Q. Despite this, the company has reaffirmed its 2023 net product revenue guidance of $175M-$180M.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:49 pm

ASTL

Algoma Steel Gr (NASDAQ:ASTL) reported Q1 earnings of $0.63 per share, missing the analyst consensus estimate of $0.98 by 35.43%. The company also reported quarterly sales of $615.78 million, missing the analyst consensus estimate of $790.80 million by 22.13%. This represents a decrease in earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:36 pm

VIEW

View Inc. (NASDAQ:VIEW) reported Q2 adjusted EPS of $(10.10), beating the analyst consensus estimate of $(10.80) by 6.48%. The company also reported quarterly sales of $28.03M, surpassing the analyst consensus estimate of $25.00M by 12.14%.

Portfolio Pulse from mahesh@benzinga.com

August 10, 2023 | 9:36 pm

CANO

ETON

SMLR

YTEN

Several healthcare stocks experienced significant movement in Thursday's after-market session. Semler Scientific (SMLR), Eton Pharmaceuticals (ETON), Invivyd (IVVD), UpHealth (UPH), AIM ImmunoTech (AIM), and SenesTech (SNES) saw their shares rise, with Q2 earnings reports being a common factor. Conversely, Cano Health (CANO), Yield10 Bioscience (YTEN), Biote (BTMD), Apyx Medical (APYX), Joint (JYNT), and PHAXIAM Therapeutics (PHXM) saw their shares fall, with Q2 earnings reports also playing a role.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 9:32 pm

HQI

PTRA

TISI

TOMZ

Several industrial stocks experienced significant movement in Thursday's after-market session. Notable gainers included Team (TISI), Proterra (PTRA), Innodata (INOD), View (VIEW), Archer Aviation (ACHR), and Amprius Technologies (AMPX). On the other hand, HireQuest (HQI), TOMI Environmental Solns (TOMZ), Velo3D (VLD), Nuburu (BURU), Xos (XOS), and Sidus Space (SIDU) saw declines.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 9:32 pm

AEYE

ARBB

ARLO

CXAI

KERN

MAXN

MIGI

MPTI

MVLA

OSS

PGY

RGTI

Several information technology stocks experienced significant movement in Thursday's after-market session. Pagaya Techs, M-Tron Industries, Rigetti Computing, Mawson Infra Gr, Movella Holdings, and ARB IOT Group saw gains, while Maxeon Solar Technologies, Akerna, One Stop Systems, Arlo Technologies, AudioEye, and CXApp experienced losses. Most of these movements were associated with the release of Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 9:32 pm

SLND

Southland has reported preliminary Q2 revenue of $257M, which is significantly lower than the estimated $325.26M. The company's CEO, Frank Renda, expressed disappointment in the Q2 performance, attributing the poor results to challenges in the legacy materials production and paving business. Southland plans to discontinue large-scale materials production to focus on its core business.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:30 pm

APYX

Apyx Medical's Q2 adjusted earnings per share of $(0.11) missed the estimated $(0.07), and sales of $13.57M also fell short of the $14.32M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:22 pm