Streetbeat News

Earnings

RAMP

LiveRamp Holdings (NYSE:RAMP) reported Q1 earnings of $0.29 per share, beating the analyst consensus estimate of $0.19 by 52.63%. This is a 480% increase from the same period last year. The company also reported quarterly sales of $154.07 million, beating the analyst consensus estimate of $146.95 million by 4.84%. This is an 8.31% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:26 pm

ALTG

Alta Equipment Group (NYSE:ALTG) reported Q2 adjusted earnings of $0.19 per share, beating the analyst consensus estimate of $0.10 by 90%. However, this is a 9.52% decrease from the same period last year. The company also reported quarterly sales of $468.40 million, beating the analyst consensus estimate of $461.81 million by 1.43%, and marking a 15.23% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:25 pm

WEST

Westrock Coffee (NASDAQ:WEST) reported Q2 losses of $(0.35) per share, missing the analyst consensus estimate of $(0.02) by 1650 percent. The company's quarterly sales of $224.70 million also missed the analyst consensus estimate of $239.13 million by 6.03 percent.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:25 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) shares surged after reporting better-than-expected Q2 results. The company reported losses of 44 cents per share, beating the analyst consensus estimate of losses of 49 cents per share. It also reported sales of $32.84 million, beating the analyst consensus estimate of $23.76 million. Blink also raised its 2023 revenue target to between $110 and $120 million. HC Wainwright & Co. analyst Sameer Joshi reiterated Blink Charging with a Buy and maintained the $50 price target.

Portfolio Pulse from Ryan Gustafson

August 09, 2023 | 8:25 pm

PLUG

Plug Power reported mixed Q2 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:25 pm

POWW

AMMO (NASDAQ:POWW) reported Q1 earnings of $0.05 per share, beating the analyst consensus estimate of $(0.02) by 350 percent. However, this is a 44.44 percent decrease from the same period last year. The company's quarterly sales of $34.26 million missed the analyst consensus estimate of $38.95 million by 12.05 percent, marking a 43.62 percent decrease from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 09, 2023 | 8:25 pm

NDLS

Noodles & Company has revised its 2023 performance guidance following its Q2 results. The company now expects total revenue of $500M-$510M, negative low single-digit Comparable Restaurant Sales, and adjusted EPS of $(0.11)-$0.00. This is lower than the estimated revenue of $538.41M and EPS of $0.15. The company also plans for about 5% new restaurant growth system-wide.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 8:25 pm

CACI

CACI International Inc. has projected its adjusted earnings per share (EPS) for fiscal year 2024 to be between $19.13 and $20.22, which is higher than the estimated $18.46.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:24 pm

BLBD

Blue Bird has maintained its FY23 net revenue guidance at just over $1.1B, in line with estimates of $1.11B. The company has also raised its FY23 guidance for Adjusted EBITDA to $70-76 million and Adjusted Free Cash Flow to $70-80 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:24 pm

ADMA

ADMA Biologics reported Q2 losses of $(0.03) per share, missing the analyst consensus estimate of $(0.02) by 50%. However, the company's quarterly sales of $60.12 million beat the estimate of $55.50 million by 8.33%. This represents a 57.14% increase in losses and a 77.33% increase in sales compared to the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 09, 2023 | 8:24 pm