Streetbeat News

Earnings

DZSI

DZS Inc. has reported a delay in the filing of its Q2 10-Q due to an ongoing review by the Audit Committee. This review is connected to the restatement of previously issued unaudited condensed consolidated financial statements for the three months ended March 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:07 pm

MPAA

Motorcar Parts of America (NASDAQ:MPAA) reported Q1 losses of $(0.07) per share, missing the analyst consensus estimate of $0.13 by 153.85%. The company also reported quarterly sales of $159.70 million, missing the analyst consensus estimate of $172.20 million by 7.26%. This represents a decrease in earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:07 pm

GCMG

GCM Grosvenor (NASDAQ:GCMG) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.11 by 9.09%. The company also reported quarterly sales of $107.61 million, surpassing the analyst consensus estimate of $102.97 million by 4.51%. This represents a 3.12% increase over sales from the same period last year.

Portfolio Pulse from totan@benzinga.com

August 09, 2023 | 12:07 pm

PCT

PureCycle Technologies (NASDAQ:PCT) reported Q2 losses of $(0.35) per share, missing the analyst consensus estimate of $(0.13) by 169.23 percent. This is a 288.89 percent decrease over losses of $(0.09) per share from the same period last year. The company reported cash, restricted cash and equivalents of $64.98M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:06 pm

TLS

Telos (NASDAQ:TLS) reported Q2 earnings per share of $(0.03), beating the analyst consensus estimate of $(0.13) by 76.92%. This is a 175% decrease from the same period last year. The company also reported quarterly sales of $32.90 million, beating the analyst consensus estimate of $29.97 million by 9.78%. This is a 41.03% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:05 pm

ESEA

Euroseas reported Q2 earnings of $4.15 per share, beating the analyst consensus estimate of $2.40 by 72.92%. This is a 1.72% increase 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 from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:05 pm

AADI

Aadi Bioscience reported Q2 losses of $(0.67) per share, missing the analyst consensus estimate of $(0.62) by 8.06%. However, the company's quarterly sales of $6.20 million beat the estimate by 0.03%, marking an 80.45% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:04 pm

JRSH

Jerash Holdings (JRSH) expects its revenue for FY24 to be approximately the same as FY23. The company also sets its gross margin goal for FY24 at around 15-16%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:04 pm

JRSH

Jerash Holdings (US) (NASDAQ:JRSH) reported Q1 earnings of $0.04 per share, beating the analyst consensus estimate of $0.02 by 100%. However, this is a 71.43% decrease from the same period last year. The company also reported quarterly sales of $34.74 million, beating the analyst consensus estimate of $31.25 million by 11.15%, a 3.88% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:03 pm

OMER

Omeros Corporation reported Q2 losses of $0.59 per share, missing the analyst consensus estimate of $0.57 by 3.51%. This represents a 20.41% increase in losses compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:02 pm