Streetbeat News

Earnings

OPAL

OPAL Fuels (NASDAQ:OPAL) reported Q2 adjusted EPS of $(0.12), a 250% decrease from $0.08 YoY. The company's quarterly sales were $55.04M, missing the analyst consensus estimate of $60.86M by 9.56%.

Portfolio Pulse from saritha@benzinga.com

August 09, 2023 | 8:46 pm

FGI

FGI Industries reported Q2 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.05) by 120 percent. However, the company's quarterly sales of $29.19 million missed the analyst consensus estimate of $30.23 million by 3.44 percent. This represents a 90 percent decrease in earnings and a 38.94 percent decrease in sales compared to the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 09, 2023 | 8:46 pm

AVTA

Avantax has revised its FY23 revenue outlook from a range of $750M-$758M to a narrower range of $753M-$756M. The consensus estimate stands at $755.33M. The company also projects an adjusted EPS of $1.22-$1.30.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:45 pm

WYNN

Wynn Resorts, Limited (NASDAQ:WYNN) reported strong Q2 earnings, beating analyst consensus estimates. The company reported earnings of 91 cents per share, a 210.98% increase over losses from the same period last year. Quarterly sales were $1.60 billion, a 76.05% increase over last year. The company's CEO, Craig Billings, attributed the strong results to continued strength in North America and Macau.

Portfolio Pulse from Ryan Gustafson

August 09, 2023 | 8:44 pm

LIMAF

Linamar reported Q2 earnings of $1.94 per share, beating the analyst consensus estimate of $1.74 by 11.49%. This is a 46.97% increase from the same period last year. The company also reported quarterly sales of $1.90 billion, beating the analyst consensus estimate of $1.77 billion by 7.34%. This is a 22.34% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:44 pm

HARP

Harpoon Therapeutics reported Q2 earnings of $0.03 per share, a 105.66% increase YoY. The company also reported $20.22 million in sales, a 143.54% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:44 pm

DIS

Disney CEO, Iger, has announced that the company is rationalizing the economics of its streaming business to deliver sustained profitability.

Portfolio Pulse from Charles Gross

August 09, 2023 | 8:43 pm

ETNB

89bio (NASDAQ:ETNB) reported Q2 losses of $(0.52) per share, a 57.72% improvement from $(1.23) per share losses in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:43 pm

RAMP

LiveRamp Holdings has projected its Q2 revenue to be $152M, marking a 3% increase.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:43 pm

KORE

Kore Group Holdings reported Q2 losses of $(0.24) per share, missing the analyst consensus estimate of $(0.09) by 166.67%. The company also reported quarterly sales of $69.54 million, missing the estimate of $72.09 million by 3.54%. This represents a 60% decrease in earnings and a 1.16% decrease in sales compared to the same period last year.

Portfolio Pulse from saritha@benzinga.com

August 09, 2023 | 8:43 pm