Streetbeat News

Earnings

BODY

The Beachbody Company has projected its Q3 2023 revenue to be between $120M and $130M, which is lower than the estimated $130.71M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:22 pm

SOUN

SoundHound AI Inc (NASDAQ:SOUN) reported Q2 financial results with revenues of $8.8 million, beating estimates of $8.06 million, and an EPS loss of 10 cents, better than the estimated loss of 11 cents. The company's revenues were up 42% YoY and it ended the quarter with approximately $130 million in cash. SoundHound expects full-year 2023 revenue in the range of $43 million to $50 million. The company's shares were up 18.1% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 08, 2023 | 9:22 pm

ITI

Iteris (NASDAQ:ITI) reported Q1 earnings of $0.05 per share, beating the analyst consensus estimate of $(0.01) by 600 percent. This is a 145.45 percent increase over losses of $(0.11) per share from the same period last year. The company also reported quarterly sales of $43.55 million, beating the analyst consensus estimate of $38.33 million by 13.61 percent, a 29.34 percent increase over sales of $33.67 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:22 pm

SNCR

Synchronoss Technologies reported Q2 losses of $(0.03) per share, meeting analyst consensus. This is a 130% decrease from last year's earnings. The company's quarterly sales of $59.71M missed the analyst consensus of $59.74M by 0.05%, marking an 8.47% decrease from last year.

Portfolio Pulse from sunil@benzinga.com

August 08, 2023 | 9:21 pm

VSTM

Verastem (NASDAQ:VSTM) reported Q2 losses of $(1.06) per share, beating the analyst consensus estimate of $(1.07) by 0.93 percent. This represents a 19.7 percent increase over losses from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:21 pm

MODG

Topgold Callaway Brands has projected its FY23 EPS to be between $0.63 and $0.69, compared to the estimated $0.65. The company also expects its consolidated net revenue to be between $4.42 billion and $4.47 billion, against the estimated $4.45 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:20 pm

PKST

Peakstone Realty Trust (NYSE:PKST) reported Q2 earnings of $0.73 per share, a 53.5% decrease YoY. The company's quarterly sales were $62.54M, missing the analyst consensus estimate of $64.76M by 3.43%. This represents a 49.18% decrease in sales compared to the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 08, 2023 | 9:19 pm

OLMA

Olema Pharmaceuticals reported Q2 losses of $(0.49) per share, beating the analyst consensus estimate of $(0.73) by 32.88 percent. This represents a 40.24 percent increase over losses from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:19 pm

AVD

American Vanguard has reduced its FY23 net sales outlook from $640M-$652M to $615M-$625M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:18 pm

OPRT

Oportun Financial Corporation has projected its FY revenue to be between $1.045B and $1.055B, which is higher than the estimated $995.25M. The company also expects its adjusted EBITDA to be between $70M and $75M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:17 pm