Streetbeat News

Earnings

BRDG

Bridge Investment Group (NYSE:BRDG) reported Q2 earnings of $0.20 per share, meeting analyst consensus. This is a 37.5% decrease from the same period last year. The company's quarterly sales of $98.80 million beat the analyst consensus estimate of $78.78 million by 25.42%, but is a 0.22% decrease from last year.

Portfolio Pulse from sunil@benzinga.com

August 07, 2023 | 8:46 pm

RAIL

FreightCar America (NASDAQ:RAIL) reported Q2 earnings of $0.02 per share, beating the analyst consensus estimate of $(0.12) by 116.67%. However, the company's quarterly sales of $88.60 million missed the analyst consensus estimate of $95.40 million by 7.13%. This represents a 56.02% increase over sales from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 07, 2023 | 8:45 pm

KD

Kyndryl has increased its FY24 adjusted EBITDA margin outlook to approximately 14%, up from its previous projection of 12%-13%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:45 pm

ALTO

Alto Ingredients has projected a positive adjusted EBITDA for the third quarter of 2023. The company has not provided specific figures.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:44 pm

WINT

Windtree Therapeutics reported Q2 losses of $(1.64) per share, a 94.44% increase over losses of $(29.50) per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:43 pm

RSLS

Reshape Lifesciences (NASDAQ:RSLS) reported Q2 sales of $2.25 million, missing the analyst consensus estimate of $2.61 million by 13.64 percent. This represents a 22.06 percent decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:43 pm

TDC

Teradata has re-affirmed its FY23 total revenue growth of 1%-4% and non-GAAP EPS of $1.92-$2.04, which is in line with the estimated $1.97.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:42 pm

KKR

PARA

PARAA

Paramount Global reported Q2 earnings with revenue of $7.62 billion, down 2% YoY but beating the consensus estimate of $7.43 billion. EPS was 10 cents, beating the estimate of a loss of 1 cent per share. Paramount+ hit 61 million subscribers and was the top premium streaming service in the U.S. for signups in Q2. The company also announced the sale of Simon & Schuster to KKR & Co for $1.62 billion in an all-cash deal.

Portfolio Pulse from Chris Katje

August 07, 2023 | 8:42 pm

RXST

RxSight reported Q2 adjusted EPS of $(0.28), beating the estimate of $(0.47) by 40.43%. The company's quarterly sales were $20.81M, surpassing the estimate of $19.21M by 8.33%. This represents a 44% increase in EPS and an 83.19% increase in sales compared to the same period last year.

Portfolio Pulse from sunil@benzinga.com

August 07, 2023 | 8:41 pm

TDW

Tidewater has reiterated its FY23 revenue forecast of $1.03 billion, slightly above the estimated $1 billion. The company also expects its vessel operating margin to be around $500 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:41 pm