Streetbeat News

Earnings

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

TDC

Teradata has announced its Q3 Non-GAAP EPS expectations to be in the range of $0.40-$0.44, which is in line with the consensus estimate of $0.41.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:40 pm

AYX

Alteryx reported Q2 losses of $(0.37) per share, beating the analyst consensus estimate of $(0.66) by 43.94%. This is a 19.57% increase over losses from the same period last year. The company also reported quarterly sales of $188.00 million, beating the analyst consensus estimate of $182.15 million by 3.21%. This is a 4.08% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:40 pm

JRVR

James River Gr Hldgs (NASDAQ:JRVR) reported Q2 earnings of $0.53 per share, beating the analyst consensus estimate of $0.49 by 8.16%. However, the company's quarterly sales of $209.66 million missed the analyst consensus estimate of $214.70 million by 2.35%. This represents a 1.92% increase in earnings and a 12.56% increase in sales compared to the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 07, 2023 | 8:40 pm

FORG

ForgeRock (NYSE:FORG) reported Q2 losses of $(0.15) per share, an 11.76% improvement from $(0.17) per share YoY. Sales for the quarter were $58.28M, a 22.25% increase from $47.68M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:40 pm

DCGO

DocGo (NASDAQ:DCGO) reported Q2 earnings per share of $(0.02), missing the analyst consensus estimate of $0.03 by 166.67%. This is a 118.18% decrease from the same period last year. However, the company's quarterly sales of $125.49 million beat the analyst consensus estimate of $119.64 million by 4.89%, marking a 14.58% increase from the same period last year.

Portfolio Pulse from sunil@benzinga.com

August 07, 2023 | 8:39 pm

TBPH

Theravance Biopharma reported Q2 losses of $0.28 per share, missing the analyst consensus estimate of $0.16 by 75%. This is a 600% increase in losses from the same period last year. The company also reported quarterly sales of $13.75 million, missing the analyst consensus estimate of $15.24 million by 9.78%. However, this is a 24.43% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:39 pm

VECO

Veeco Instruments Inc. has projected its Q3 earnings per share (EPS) to be between $0.30 and $0.40, compared to the estimated $0.33. The company also expects its Q3 revenue to be between $155M and $175M, against the estimated $168.26M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:39 pm