Streetbeat News

Earnings

BWAY

BrainsWay (NASDAQ:BWAY) reported Q2 earnings per share of $(0.10), beating the analyst consensus estimate of $(0.17) by 41.18%. This is a 28.57% increase over losses from the same period last year. The company also reported quarterly sales of $7.83 million, beating the analyst consensus estimate of $7.03 million by 11.37%, but marking a 2.21% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:35 am

FREE

Whole Earth Brands (NASDAQ:FREE) reported Q2 losses of $(0.13) per share, missing the analyst consensus estimate of $(0.08) by 62.5%. This is a 533.33% decrease over earnings of $0.03 per share from the same period last year. The company also reported quarterly sales of $132.90 million, missing the analyst consensus estimate of $136.50 million by 2.64%. This is a 0.45% decrease over sales of $133.50 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:35 am

ARBE

Arbe Robotics reported Q2 adjusted EPS of $(0.16), missing the estimate of $(0.15) by 6.67%. The company's quarterly sales were $289.00K, missing the estimate of $460.00K by 37.17%. This represents a 76.62% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:34 am

SKIN

Beauty Health (NASDAQ:SKIN) reported Q2 earnings of $0.03 per share, compared to a loss of $0.06 per share in the same period last year. The company's quarterly sales of $117.50 million beat the analyst consensus estimate of $116.08 million by 1.22 percent, marking a 13.49 percent increase over sales of $103.54 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:32 am

AU

RYI

Ryerson Holding Corporation (RYI) and AngloGold Ashanti Limited (AU) are identified as the most oversold stocks in the materials sector, with RSI values of 25.29 and 29.35 respectively. RYI recently priced a secondary offering of 4 million shares by a significant shareholder, while AU reported H1 earnings of 33 cents per share, down from 71 cents per share in the year-ago period.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 11:32 am

REAX

Real Brokerage (NASDAQ:REAX) reported Q2 earnings per share of $(0.02), beating the analyst consensus estimate of $(0.03) by 33.33%. The company also reported quarterly sales of $185.33 million, surpassing the analyst consensus estimate of $131.54 million by 40.89%. This represents a 64.95% increase over sales of $112.36 million in the same period last year.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 11:31 am

NYAX

Nayax (NASDAQ:NYAX) reported Q2 earnings per share (EPS) of $(0.12), which was in line with analyst consensus. However, the company's quarterly sales of $56.20 million missed the analyst consensus estimate of $57.23 million by 1.80 percent.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:31 am

REFI

Chicago Atlantic Real (NASDAQ:REFI) reported Q2 earnings of $0.55 per share, beating the analyst consensus estimate of $0.54 by 1.85%. This is a 10% increase from the same period last year. However, the company's quarterly sales of $14.66 million missed the analyst consensus estimate of $15.65 million by 6.33%, but still represented a 23.70% increase from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 09, 2023 | 11:30 am

TWOU

2U, Inc. (NASDAQ:TWOU) reported weaker-than-expected Q2 results, with an adjusted loss of 18 cents per share and sales of $222.09 million, both missing analysts' estimates. The company also revised its FY23 net loss outlook from $93 million-$87 million to $225 million-$220 million. Following the announcement, Baird and Needham analysts cut their price targets on 2U.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 11:29 am

OESX

Orion Energy Sys (NASDAQ:OESX) reported Q1 losses of $(0.21) per share, missing the analyst consensus estimate of $(0.10) by 110 percent. This is a 133.33 percent decrease over losses of $(0.09) per share from the same period last year. The company also reported quarterly sales of $17.61 million, missing the analyst consensus estimate of $21.57 million by 18.34 percent, a 1.64 percent decrease over sales of $17.91 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:29 am