Streetbeat News

Earnings

SUPV

Grupo Supervielle (NYSE:SUPV) reported Q2 earnings of $0.31 per share, a 263.16% increase YoY. The company also reported $210.50 million in sales, a 62.67% increase YoY.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 8:54 pm

LGL

LGL Group reported Q2 losses of $(0.02) per share, a 94.12% increase over losses of $(0.34) per share from the same period last year. The company also reported $403.00 thousand in sales this quarter, up from $370.00 thousand YoY.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:47 pm

BBAR

Banco BBVA Argentina (NYSE:BBAR) reported Q2 earnings of $0.64 per share, a 4.48% decrease YoY. However, the company's sales increased by 74.54% to $806.02 million compared to the same period last year.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 8:46 pm

SPLK

Splunk Inc. reported better-than-expected Q2 results and issued Q3 and FY24 revenue guidance above estimates. Q2 earnings were 71 cents per share, beating the estimate of 45 cents. Q2 sales were $910.59 million, a 14% YoY increase, beating the estimate of $885.97 million. Q3 revenue guidance is between $1.02 billion and $1.035 billion, and FY24 revenue is estimated to be between $3.925 billion and $3.95 billion. Other gains include a 16% YoY increase in total ARR and a 29% growth in cloud revenue to $445 million.

Portfolio Pulse from Ryan Gustafson

August 23, 2023 | 8:42 pm

VNET

VNET Gr (NASDAQ:VNET) reported Q2 earnings per share (EPS) of $(0.24), missing the analyst consensus estimate of $(0.05) by 380 percent. This is a 33.33 percent increase over losses from the same period last year. The company also reported quarterly sales of $251.23 million, missing the analyst consensus estimate of $258.61 million by 2.85 percent, a 2.44 percent decrease from the same period last year.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 8:41 pm

NVDA

Nvidia Corp. (NASDAQ:NVDA) reported Q2 earnings per share of $2.70, a 422% YoY increase, beating analysts' expectations of $1.91. Revenue climbed 101% YoY to $13.51 billion, surpassing the consensus estimate of $10.3 billion. The company's Q3 outlook expects revenue of $16 billion. Nvidia's stock has gained 219% this year, making it the best-performing S&P 500 stock. After closing 3.17% higher at $503.37 on Wednesday, the stock rose by 6.84% in after-hours trading.

Portfolio Pulse from Shanthi Rexaline

August 23, 2023 | 8:36 pm

GES

Guess? Inc. reported better-than-expected Q2 financial results and issued FY24 EPS guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:34 pm

VNET

VNET Group has projected its net revenues for FY23 to be between RMB7,600 million and RMB7,900 million, indicating a YoY growth of 7.6% to 11.8%. The company also expects its adjusted EBITDA to range from RMB2,025 million to RMB2,125 million, representing a YoY growth of 8.1% to 13.5%. These estimates remain unchanged from previous forecasts.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 8:33 pm

VNET

VNET Gr (NASDAQ:VNET) reported Q2 EPS of $(0.04), beating the estimate of $(0.05) by 20%. However, the company's sales of $251.20M missed the estimate of $258.61M by 2.87%. This represents a 88.89% increase in EPS and a 2.45% decrease in sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 8:31 pm

AI

AMD

MRVL

NVDA

PLTR

SMCI

TSM

Shares of several semiconductor and AI-related stocks are trading higher in sympathy with NVIDIA, which reported strong Q2 financial results and Q3 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:30 pm