Streetbeat News

Earnings

CMTL

Comtech Telecom reported Q4 sales of $148.80 million, beating the analyst consensus estimate of $140.13 million by 6.19 percent. This represents a 17.18 percent increase over sales of $126.98 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:14 pm

CTHR

Charles & Colvard (NASDAQ:CTHR) reported Q4 losses of $(0.30) per share, with sales of $5.56 million, a decrease of 40.20% from $9.30 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:11 pm

ODC

Oil-Dri Corp of America (NYSE:ODC) reported Q4 earnings of $1.69 per share, a 119.48% increase YoY. The company also reported $107.39 million in sales, a 15.28% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:10 pm

RLAY

Relay Therapeutics has reported initial clinical data for RLY-4008 (Lirafugratinib) in patients with FGFR2-altered solid tumors. The data shows activity across several sub-groups, including patients with FGFR2-fusion tumors and FGFR2-altered HR+/HER2- breast cancer. The company also announced that updates to its pipeline have extended its cash runway by one year into the second half of 2026.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:10 pm

SGH

SMART Global Holdings (SGH) has provided its Q1 2024 financial outlook, expecting EPS of $0.15 +/- $0.15, lower than the estimated $0.40. The company also anticipates revenue of $275M +/- $25M, which is significantly less than the estimated $383.44M.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:10 pm

TTOO

T2 Biosystems has reported preliminary Q3 results, with total revenue of $1.5M, a decrease of 60% from the prior year.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:07 pm

SGH

SMART Global Holdings (NASDAQ:SGH) reported Q4 earnings of $0.35 per share, missing the analyst consensus estimate of $0.45 by 22.22%. This is a 56.25% decrease from the same period last year. The company also reported quarterly sales of $316.66 million, missing the analyst consensus estimate of $375.04 million by 15.57%. This is a 27.65% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:07 pm

EDUC

Educational Development Corporation reported Q2 earnings of $0.13 per share, a 230% increase YoY. However, the company's quarterly sales of $10.59M missed the analyst consensus estimate of $26.90M by 60.62%, marking a 45.45% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:03 pm

NRIX

Nurix Therapeutics reported Q3 losses of $(0.68) per share, a 24.44% increase YoY. The company's quarterly sales were $18.47M, beating the analyst consensus estimate of $17.23M by 7.18% and marking a 71.13% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:02 pm

QCOM

Qualcomm has confirmed that its current 'workforce reduction' actions are part of a previously disclosed plan announced in its Q3 earnings call and 10Q filing.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:37 pm