Streetbeat News

Earnings

CELH

Celsius Holdings, Inc. (CELH) reported better-than-expected Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:18 pm

TG

Tredegar (NYSE:TG) reported Q2 adjusted losses of $(0.06) per share, a 111.76% decrease from $0.51 per share YoY. Sales also decreased by 35.07% to $170.97 million from $263.33 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:17 pm

CTG

Computer Task Gr (NASDAQ:CTG) reported Q2 earnings of $0.13 per share, missing the analyst consensus estimate of $0.14 by 7.14%. This is a 13.33% decrease from the same period last year. The company also reported quarterly sales of $74.59 million, missing the analyst consensus estimate of $78.70 million by 5.22%, a 9.87% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:17 pm

IMNM

Immunome (NASDAQ:IMNM) reported Q2 losses of $(0.46) per share, missing the analyst consensus estimate of $(0.16) by 187.5%. This is a 37.84% increase over losses of $(0.74) per share from the same period last year. The company reported $4.26 million in sales this quarter.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:16 pm

TWLO

Twilio Inc (NYSE:TWLO) reported better-than-expected Q2 financial results, with revenue increasing 10% YoY to $1.04 billion, beating the consensus estimate of $984.52 million. The company also reported quarterly earnings of 54 cents per share, surpassing analyst estimates of 29 cents per share. Following the results, Needham analyst Ryan Koontz maintained a Buy rating for Twilio and raised the price target from $65 to $75.

Portfolio Pulse from Adam Eckert

August 09, 2023 | 12:16 pm

CAE

CAE (NYSE:CAE) reported Q1 earnings of $0.18 per share, beating the analyst consensus estimate of $0.16 by 12.5%. This is a 260% increase from the same period last year. The company also reported quarterly sales of $784.91 million, beating the analyst consensus estimate of $762.48 million by 2.94%. This is a 7.32% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:16 pm

DOCS

EMKR

MQ

UPST

Several stocks experienced significant movement in pre-market trading. EMCORE Corporation (NASDAQ:EMKR) shares rose 17.2% after the company posted better-than-expected quarterly sales. Marqeta, Inc. (NASDAQ:MQ) gained 16.7% following strong quarterly sales. On the other hand, Doximity, Inc. (NYSE:DOCS) shares fell 24.4% after the company issued a weak sales forecast. Upstart Holdings, Inc. (NASDAQ:UPST) fell 17.4% despite reporting better-than-expected results for its second quarter, due to a weak revenue forecast for the third quarter.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 12:15 pm

TWLO

Twilio reported better-than-expected Q2 financial results, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:15 pm

CION

CION Invt (NYSE:CION) reported Q2 earnings of $0.43 per share, missing the analyst consensus estimate of $0.45 by 4.44%. The company also reported quarterly sales of $58.50 million, missing the analyst consensus estimate of $58.65 million by 0.26%. However, both earnings and sales have increased compared to the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 09, 2023 | 12:15 pm

REFI

Chicago Atlantic Real Estate Finance (REFI) has reaffirmed its guidance for 2023, expecting to maintain a dividend payout ratio of 90% to 100% based on Distributable Earnings per weighted average diluted share. The regular quarterly common dividend is expected to be a minimum of $0.47 per share. If additional dividends are required to meet 2023 taxable income distribution requirements, the company plans to meet this with a special dividend in Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:14 pm