Streetbeat News

Earnings

PLTK

Playtika reported worse-than-expected Q2 sales results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:53 pm

NXST

Nexstar Media Group's Q2 FY23 results fell short of expectations, with a net revenue of $1.24 billion, a 0.4% decrease YoY, missing the consensus of $1.25 billion. Revenues from Television Advertising fell 17.4% YoY, while Distribution revenue rose 7.7% YoY. The company's EPS was $2.64, missing the consensus of $2.88. Nexstar's shares traded lower by 3.83% following the announcement.

Portfolio Pulse from Akanksha Bakshi

August 08, 2023 | 3:51 pm

AXGN

Axogen reported worse-than-expected Q2 revenue results and maintained its FY23 revenue guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:49 pm

TGLS

Tecnoglass reported its Q2 financial results, which led to a decrease in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:49 pm

PWSC

PowerSchool reported its Q2 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:48 pm

ENR

Energizer Holdings, Inc. (ENR) reported worse-than-expected Q3 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:48 pm

GLBE

Global-E Online reported its Q2 financial results, which led to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:47 pm

TDC

Teradata Corporation (TDC) reported better-than-expected Q2 financial results. However, the company's shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:46 pm

KBE

KRE

SPY

XLF

Moody's Managing Director of Financial Institutions has stated that bank downgrades and rating reviews are driven by profit outlook. The downgrades reflect earnings that were 'as good as it gets' in Q2. Banks face challenges from rising rates, potential recession, and funding costs.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 3:42 pm

EVBG

Everbridge, Inc (NASDAQ:EVBG) reported a 7.4% YoY increase in Q2 FY23 revenue to $110.6 million, slightly missing the consensus of $110.76 million. Adjusted EPS was $0.31, beating the consensus of $0.27. However, the company's shares plunged by 19.35% due to headwinds in booking large and perpetual revenue contracts and a lowered revenue guidance for the second half of 2023.

Portfolio Pulse from Akanksha Bakshi

August 08, 2023 | 3:42 pm