Streetbeat News

Earnings

LEA

Lear Corporation has increased its 2023 financial outlook, signaling a positive future for the company.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 12:33 pm

LVO

LiveOne has raised its guidance for FY24, with Audio Division revenue expected to reach $100M-$110M and Adjusted EBITDA between $18M-$21M. The company's consolidated revenue is projected to be $122M-$130M, with Adjusted EBITDA between $12M-$16M.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:31 pm

LVO

LiveOne reported Q4 losses of $(0.06) per share, missing the $(0.03) estimate by 100%. Sales were $25.55M, beating the $25.00M estimate by 2.19%. This is a 45.45% increase in losses and a 9.03% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:28 pm

SNX

TD SYNNEX reported worse-than-expected Q2 financial results and issued Q3 adjusted EPS and revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:21 pm

SNX

SYNNEX expects Q3 revenue of $13.5B-$14.5B, lower than the $14.96B estimate, and adjusted EPS of $2.20-$2.70, below the $2.76 estimate.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:14 pm

WBA

Walgreens Boots Alliance (WBA) shares are trading lower after the company lowered its FY23 guidance.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 12:12 pm

AMTX

Aemetis, Inc. (NASDAQ: AMTX) announced that its Aemetis Biogas subsidiary exceeded its Q2 2023 RNG production plan by 20%. The company's Central Dairy Project production facilities are operating 24/7, and the recent EPA announcement has increased the mandate for D3 RINs generated by RNG.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:12 pm

JRSH

Jerash Holdings (NASDAQ:JRSH) reported Q4 losses of $(0.16) per share, missing the $0.02 estimate by 900%. Sales were $23.77M, missing the $27.04M estimate by 12.08%. This is a significant decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:12 pm

JRSH

Jerash Holdings (NASDAQ:JRSH) reported Q4 earnings with an EPS of $-0.16, missing estimates by 900.0%. Revenue was down $7.17 million from the same period last year.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 12:10 pm

SNX

TD Synnex (NYSE:SNX) reported Q2 earnings with an EPS of $2.43, missing estimates by 4.71%. Revenue was down $1.21 billion from the same period last year.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 12:10 pm