Streetbeat News

Earnings

PUBM

PubMatic has provided its financial outlook for Q3 2023, expecting revenues to be between $58M-$61M, lower than the estimated $65.93M. The company cites challenging macroeconomic conditions and cautious advertisers as reasons for the lower projection. Adjusted EBITDA is expected to be between $13M-$15M, representing a 23% margin at the midpoint. For the full year 2023, CapEx is expected to decrease by approximately 70% over 2022.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 10:02 pm

NISN

NiSun Intl Enterprise Dev (NASDAQ:NISN) reported a decrease in quarterly earnings from $14.13 per share last year to $4.42 per share this year, a 68.72% decrease. However, the company's sales increased by 46.19% from $160.20 million to $234.20 million over the same period.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 10:01 pm

SMWB

Similarweb reported Q2 adjusted EPS of $(0.04), beating the estimate of $(0.07) by 42.86%. However, the company's sales of $53.68M missed the estimate of $53.74M by 0.11%. This represents a 84.62% increase in EPS and a 12.81% increase in sales compared to the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 08, 2023 | 10:01 pm

KRON

Kronos Bio (NASDAQ:KRON) reported Q2 losses of $(0.52) per share, missing the analyst consensus estimate of $(0.46) by 13.04 percent. However, the company's quarterly sales of $1.86 million beat the analyst consensus estimate of $1.67 million by 11.62 percent.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 10:00 pm

SLNO

Soleno Therapeutics reported Q2 losses of $(0.81) per share, a 10% improvement from $(0.90) per share losses in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:59 pm

LYEL

Lyell Immunopharma (NASDAQ:LYEL) reported a significant decrease in Q2 sales, down to $27.00 thousand from $35.74 million YoY, a 99.92% decrease.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:59 pm

TSX:TCN

Tricon Residential reported Q2 earnings of $0.14 per share, a 12.5% decrease YoY. However, the company's quarterly sales of $197.50M beat the analyst consensus estimate of $123.50M by 59.92%, marking a 27.31% increase YoY.

Portfolio Pulse from sunil@benzinga.com

August 08, 2023 | 9:58 pm

MBC

MasterBrand's Q2 adjusted earnings per share of $0.42 beat the estimate of $0.31. However, the company's sales of $695.10M fell short of the estimated $710.00M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:58 pm

TDUP

ThredUp has projected its Q3 revenue to be between $82M-$84M, which is in line with the estimated $82.67M. The company also forecasts its Q4 revenue to be between $84.5M-$86.5M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:55 pm

CGBD

Carlyle Secured Lending (NASDAQ:CGBD) reported Q2 earnings of $0.52 per share, beating the analyst consensus estimate of $0.48 by 8.33%. This represents a 642.86% increase over earnings of $0.07 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:54 pm