Streetbeat News

Earnings

HLTH

Cue Health (NASDAQ:HLTH) reported Q2 losses of $(0.51) per share, missing the analyst consensus estimate of $(0.50) by 2 percent. This is a 37.84 percent decrease from the same period last year. The company also reported quarterly sales of $9.90 million, missing the analyst consensus estimate of $13.36 million by 25.93 percent, a decrease of 88.72 percent from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:54 pm

SMR

NuScale Power (NYSE:SMR) reported Q2 losses of $(0.13) per share, missing the analyst consensus estimate of $(0.11) by 18.18%. Quarterly sales were $5.79 million, missing the estimate of $15.50 million by 62.61%. This represents a 62.5% decrease in losses and a 110.80% increase in sales compared to the same period last year.

Portfolio Pulse from saritha@benzinga.com

August 09, 2023 | 8:54 pm

ARAY

Accuray (NASDAQ:ARAY) reported Q4 losses of $(0.03) per share, missing the analyst consensus estimate of $0.01 by 400 percent. This is a 25 percent increase over losses from the same period last year. The company also reported quarterly sales of $118.29 million, missing the analyst consensus estimate of $121.74 million by 2.83 percent, but a 7.52 percent increase over sales from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 09, 2023 | 8:54 pm

LMB

Limbach Holdings (NASDAQ:LMB) reported Q2 earnings of $0.46 per share, beating the analyst consensus estimate of $0.16 by 187.5%. This is a 475% increase from the same period last year. The company also reported quarterly sales of $124.90 million, beating the analyst consensus estimate of $119.50 million by 4.52%. This is a 7.56% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:53 pm

TELA

TELA Bio reported Q2 earnings with losses of $(0.46) per share, beating the analyst consensus estimate of $(0.53) by 13.21%. This is a 47.73% increase over losses from the same period last year. The company also reported quarterly sales of $14.49 million, beating the estimate of $14.40 million by 0.65%, a 39.29% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:53 pm

ARAY

Accuray (NASDAQ:ARAY) reported Q3 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.01) by 200 percent. This is a 200 percent increase over losses of $(0.01) per share from the same period last year. The company also reported quarterly sales of $118.06 million, beating the analyst consensus estimate of $109.78 million by 7.54 percent, a 22.76 percent increase over sales of $96.17 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:52 pm

TACT

Transact Technologies (NASDAQ:TACT) reported Q2 earnings of $0.22 per share, beating the analyst consensus estimate of $0.11 by 100%. This is a 191.67% increase over losses of $(0.24) per share from the same period last year. The company also reported quarterly sales of $19.91 million, beating the analyst consensus estimate of $19.50 million by 2.08%. This is a 57.70% increase over sales of $12.62 million the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 09, 2023 | 8:52 pm

ALTG

Alta Equipment has reaffirmed its 2023 adjusted EBITDA guidance of $180M-$188M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:52 pm

PLRX

Pliant Therapeutics (NASDAQ:PLRX) reported Q2 losses of $(0.70) per share, beating the analyst consensus estimate of $(0.71) by 1.41%. However, the company's quarterly sales of $248.00K missed the analyst consensus estimate of $880.00K by 71.82%. This represents a 95.03% decrease over sales of $4.99M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:52 pm

ALLK

Allakos (NASDAQ:ALLK) reported Q2 losses of $(0.41) per share, beating the analyst consensus estimate of $(0.48) by 14.58 percent. This represents a 54.44 percent increase over losses of $(0.90) per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:51 pm