Streetbeat News

Earnings

TTD

The Trade Desk, Inc. (NASDAQ:TTD) reported Q2 earnings of 28 cents per share, beating the analyst consensus estimate of 26 cents. Quarterly sales were $464.25 million, surpassing the estimate of $455.00 million. The company also raised its Q3 2023 revenue guidance to $485 million. Despite these positive results, TTD shares fell 5.61% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

August 09, 2023 | 8:23 pm

SONO

Sonos has revised its fiscal 2023 outlook, expecting revenues between $1.64 billion and $1.66 billion, a decline of 6% to 5% from fiscal 2022. This is a slight increase from the previous outlook range of $1.625 billion to $1.675 billion. The company also adjusted its gross margin and EBITDA expectations.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 8:23 pm

MGNI

Magnite, a leading advertising technology company, reported its Q2 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:23 pm

CPSI

CPSI reported Q2 earnings of $0.40 per share, missing the analyst consensus estimate of $0.58 by 31.03%. This is a 32.2% decrease from the same period last year. The company also reported quarterly sales of $84.62 million, missing the analyst consensus estimate of $86.07 million by 1.68%. This is a 2.29% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 09, 2023 | 8:22 pm

ORGN

Origin Materials reported mixed Q2 financial results, leading to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:22 pm

OPFI

OppFi Inc. has updated its FY23 guidance, expecting EPS of $0.34-$0.41, up from the previous range of $0.28-$0.35, and revenue of $500M-$520M, indicating a 10%-15% YoY growth. The company also raised its adjusted net income forecast to $29M-$35M from the previous $24M-$30M.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 8:22 pm

ORGO

Organogenesis has reported its Q2 financial results, leading to a decrease in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:22 pm

PFIE

Profire Energy reported Q2 earnings of $0.06 per share, beating the analyst consensus estimate of $0.03 by 100%. This is a 500% increase from the same period last year. The company also reported quarterly sales of $14.44 million, beating the estimate of $14.12 million by 2.29%, a 49.94% increase from last year.

Portfolio Pulse from saritha@benzinga.com

August 09, 2023 | 8:21 pm

CNNE

Cannae Holdings (NYSE:CNNE) reported Q2 losses of $(1.16) per share, missing the analyst consensus estimate of $(0.03) by 3766.67%. This is a 63.17% increase over losses from the same period last year. The company also reported quarterly sales of $152.80 million, missing the analyst consensus estimate of $168.52 million by 9.33%. This is a 12.44% decrease over sales from the same period last year.

Portfolio Pulse from totan@benzinga.com

August 09, 2023 | 8:21 pm

DYAI

Dyadic International (NASDAQ:DYAI) reported Q2 losses of $(0.07) per share, missing the analyst consensus estimate of $(0.05) by 40%. The company also reported quarterly sales of $837.16K, missing the analyst consensus estimate of $1.30M by 35.60%. However, these figures represent an increase over the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 09, 2023 | 8:21 pm