Streetbeat News

Earnings

STXS

Stereotaxis (AMEX:STXS) reported Q2 losses of $(0.07) per share, in line with analyst consensus. The company's quarterly sales of $7.86 million beat the analyst consensus estimate of $6.68 million by 17.65%, a 27.75% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 1:01 pm

IFRX

InflaRx (NASDAQ:IFRX) reported Q2 losses of $(0.15) per share, beating the analyst consensus estimate of $(0.34) by 55 percent. This represents a 1630 percent decrease over earnings of $0.01 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 1:01 pm

IFRX

InflaRx reported Q2 losses of $(0.14) per share, beating the analyst consensus estimate of $(0.34) by 58.82 percent. This represents a 1500 percent decrease over earnings of $0.01 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:59 pm

SIX

Six Flags Entertainment Corp (NYSE:SIX) reported Q2 FY23 sales growth of 2% year-on-year to $443.71 million, missing the analyst consensus of $459.03 million. Attendance increased by 6% Y/Y, while total guest spending per capita decreased by 5% Y/Y. The operating income fell 21.9% to $113.3 million. Adjusted EPS for the quarter of $0.72 missed the estimate of $0.78. SIX shares traded lower by 2.19% premarket.

Portfolio Pulse from Shivani Kumaresan

August 10, 2023 | 12:58 pm

MTNB

Martinas Biopharma reported its Q2 financial results, which led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:56 pm

AZUL

Azul (NYSE:AZUL) reported Q2 losses of $(0.81) per share, missing the analyst consensus estimate of $(0.61) by 32.79%. The company also reported quarterly sales of $859.69 million, missing the analyst consensus estimate of $916.55 million by 6.20%. However, both losses and sales show an increase compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:55 pm

EDBL

Edible Garden's shares are trading higher following the company's announcement of better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:55 pm

CWBHF

CWEB

Charlotte's Web Holdings, Inc. (OTCQX:CWBHF) (TSX:CWEB) reported a 15.2% YoY decrease in Q2 2023 net revenue, down to $16.0 million from $18.9 million in Q2 2022. However, the company saw an improvement in net income, reporting $2.8 million for Q2 2023 compared to a net loss of $7.9 million in Q2 2022. The company's cash and working capital as of June 30, 2023, were $61.7 million and $72.3 million respectively.

Portfolio Pulse from Vuk Zdinjak

August 10, 2023 | 12:53 pm

TASK

TaskUs has issued Q3 and FY23 revenue guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:50 pm

STKL

SunOpta reported a year-over-year decrease in Q2 adjusted EPS results and worse-than-expected Q2 sales results. The company also cut its FY23 revenue outlook below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:47 pm