Streetbeat News

Earnings

ADEA

Adeia's shares are trading lower following the company's Q2 revenue results, which were below expectations. The company also reaffirmed its FY23 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 4:35 pm

SEE

Sealed Air Corp's shares are trading lower after the company missed its Q2 revenue estimates and reduced its FY23 guidance.

Portfolio Pulse from Bill Haddad

August 08, 2023 | 4:34 pm

BKD

Brookdale Senior Living reported better-than-expected Q2 financial results and issued Q3 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 4:33 pm

OGN

Organon & Co. reported a Q2 earnings beat, leading to a rise in its stock price.

Portfolio Pulse from Bill Haddad

August 08, 2023 | 4:31 pm

DCGO

DocGo reported better-than-expected Q2 revenue results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 4:31 pm

IHRT

IHeartMedia reported its Q2 financial results and issued weak Q3 revenue guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 4:30 pm

SWIM

Latham Group reported better-than-expected Q2 revenue results and revised its FY23 revenue guidance upwards. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 4:25 pm

PAYO

Payoneer Global Inc (NASDAQ:PAYO) reported Q2 FY23 sales growth of 40% YoY to $206.73 million, beating the analyst consensus. Operating income was $33.4 million, with an operating margin of 16.2%. Adjusted EBITDA jumped 280% to $56 million. The company also announced the asset acquisition of Israel-based Spott. Payoneer raised FY23 revenue guidance from $810 million - $820 million to $820 million - $830 million. PAYO shares are trading higher by 7.79% at $5.47.

Portfolio Pulse from Shivani Kumaresan

August 08, 2023 | 4:25 pm

GILT

Gilat Satellite Networks Ltd. (NASDAQ:GILT) reported a 22% YoY revenue growth in Q2 FY23, beating consensus estimates. The company also reported higher non-GAAP operating income and EPS. Gilat's CEO highlighted the expansion in their in-flight connectivity business and the progress in obtaining regulatory approvals for the acquisition of DataPath Inc. The company raised its FY23 revenue and operating income guidance.

Portfolio Pulse from Anusuya Lahiri

August 08, 2023 | 4:22 pm

SKYT

SkyWater Technology reported worse-than-expected Q2 adjusted EPS results, leading to a drop in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 4:22 pm