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MARA

Marathon Digital Holdings Inc (NASDAQ:MARA) reported Q2 financial results, missing estimates on both revenue and EPS. The company saw a 314% increase in Bitcoin production, which offset a 14% decrease in average Bitcoin prices. Marathon sold 63% of the Bitcoin it produced in the quarter to fund operating costs. The company ended the quarter with $113.7 million in unrestricted cash and equivalents. HC Wainwright & Co. analyst Kevin Dede reiterated Marathon Digital with a Buy rating and a $20 price target.

Portfolio Pulse from Adam Eckert

August 09, 2023 | 12:31 pm

TG

Tredegar (NYSE:TG) reported Q2 losses of $(0.06) per share, a 111.76% decrease from the same period last year. Sales also decreased by 35.06% to $178.17 million from $274.36 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:31 pm

XPEL

XPEL reported Q2 earnings of $0.57 per share, in line with analyst estimates, and a 32.56% increase from the same period last year. The company's quarterly sales of $102.20 million beat the analyst consensus estimate of $101.48 million by 0.71%, marking a 21.83% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:31 pm

ESEA

Euroseas reported Q2 earnings of $4.17 per share, beating the analyst consensus estimate of $2.40 by 73.75%. This is a 2.21% increase over earnings of $4.08 per share from the same period last year. The company also reported quarterly sales of $47.70 million, beating the analyst consensus estimate of $40.95 million by 16.47%. However, this is a 1.62% decrease over sales of $48.48 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:29 pm

BDX

CROX

EPR

GD

ZS

Jim Cramer expressed his views on several companies on CNBC's 'Mad Money Lightning Round'. He likes Crocs, Inc. but is concerned about the fad aspect. He is worried about Microsoft Corporation competing with Zscaler, Inc. He considers General Dynamics Corporation a 'buy' and appreciates Becton, Dickinson and Co's management. He does not trust EPR Properties due to their inconsistent earnings reporting.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 12:29 pm

LABP

Landos Biopharma reported Q2 losses of $(0.63) per share, a 77.5% increase over losses of $(2.80) per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:28 pm

PMVP

PMV Pharma (NASDAQ:PMVP) reported Q2 losses of $(0.38) per share, beating the analyst consensus estimate of $(0.47) by 19.15 percent. This is unchanged from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:28 pm

CAE

CAE Inc. expects its total capital expenditures for fiscal year 2024 to be approximately $50 million higher year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:26 pm

CMAX

CareMax has increased its FY23 revenue guidance from $700M-$750M to $750M-$780M, which is higher than the estimated $739.86M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:25 pm

ARRY

Array Technologies' shares are trading higher after the company reported better than expected earnings for Q2.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:25 pm