Streetbeat News

Earnings

PAY

Paymentus Holdings (NYSE:PAY) reported Q2 earnings of $0.08 per share, beating the analyst consensus estimate of $0.01 by 700%. The company also reported quarterly sales of $148.94 million, surpassing the analyst consensus estimate of $144.36 million by 3.17%. This represents a 24.15% increase over sales of $119.97 million in the same period last year.

Portfolio Pulse from totan@benzinga.com

August 07, 2023 | 8:14 pm

KNTK

Kinetik has projected its capital expenditures for FY23 to be at the higher end of the range between $490M and $540M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:14 pm

STRL

Sterling Infrastructure has provided its full year 2023 guidance, expecting EPS of $4-$4.20, higher than the estimated $3.52. The company also anticipates revenue between $1.95 billion and $2.05 billion, which is in line with estimates.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 8:14 pm

OCUL

Ocular Therapeutix reported Q2 earnings per share (EPS) of $(0.26), beating the analyst consensus estimate of $(0.29) by 10.34%. The company also reported quarterly sales of $15.19 million, surpassing the analyst consensus estimate of $14.64 million by 3.73%. This represents a 23.81% increase over sales from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 07, 2023 | 8:14 pm

ENTA

Enanta Pharma (NASDAQ:ENTA) reported Q3 losses of $(1.86) per share, beating the analyst consensus estimate of $(2.33) by 20.17%. This is a 21.57% decrease over losses from the same period last year. The company also reported quarterly sales of $18.89 million, beating the analyst consensus estimate of $18.06 million by 4.61%. This is a 3.01% decrease over sales from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 07, 2023 | 8:14 pm

HEAR

Turtle Beach (HEAR) maintains its FY23 revenue outlook of $265M-$270M, despite market estimates of $270.29M. The company expects 10-12% growth driven by the gaming markets. Adjusted EBITDA is expected to be $6M-$8M, with significant headwinds from competitive discounting and freight costs. The company has initiated efficiency measures that are expected to contribute to profitability, with a projected run-rate adjusted EBITDA of $25M-$30M by the end of 2023.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 8:13 pm

TDC

Teradata (NYSE:TDC) reported Q2 earnings of $0.48 per share, beating the analyst consensus estimate of $0.45 by 6.67%. This is a 45.45% increase from the same period last year. The company also reported quarterly sales of $462.00 million, beating the analyst consensus estimate of $443.77 million by 4.11%. This is a 7.44% increase from the same period last year.

Portfolio Pulse from totan@benzinga.com

August 07, 2023 | 8:13 pm

KMPR

Kemper (NYSE:KMPR) reported Q2 losses of $(0.26) per share, beating the analyst consensus estimate of $(0.38) by 31.58%. However, the company's quarterly sales of $1.26 billion missed the analyst consensus estimate of $1.33 billion by 5.25%. This represents a 58.06% increase in losses and a 11.92% decrease in sales compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

August 07, 2023 | 8:13 pm

ALTO

Alto Ingredients (NASDAQ:ALTO) reported Q2 earnings of $0.10 per share, beating the analyst consensus estimate of $(0.07) by 242.86%. However, this is a 65.52% decrease from the same period last year. The company also reported quarterly sales of $317.30 million, beating the estimate of $306.53 million by 3.51%, but this is a 12.39% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:13 pm

KNTK

Kinetik Holdings (NASDAQ:KNTK) reported Q2 earnings of $0.41 per share, beating the analyst consensus estimate of $0.32 by 28.12%. However, the company's quarterly sales of $296.20 million missed the analyst consensus estimate of $296.33 million by 0.04%. This represents a 583.33% increase in earnings and a 11.73% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:13 pm