Streetbeat News

Earnings

EBAY

eBay reported Q2 adjusted earnings of $1.03 per share, beating the analyst consensus estimate of $0.99 by 4.04%. The company's quarterly sales were $2.54 billion, surpassing the analyst consensus estimate of $2.51 billion by 1.20%. Both earnings and sales showed an increase compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:06 pm

ATEN

A10 Networks (NYSE:ATEN) reported Q2 earnings of $0.19 per share, beating the analyst consensus estimate of $0.17 by 11.76%. The company also reported quarterly sales of $65.82 million, surpassing the analyst consensus estimate of $65.12 million by 1.07%. However, this represents a 3.17% decrease in sales compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

July 26, 2023 | 8:06 pm

MAT

Mattel reported Q2 earnings of $0.10 per share, beating the analyst consensus estimate of $(0.02) by 600%. However, this is a 44.44% decrease from the same period last year. The company also reported quarterly sales of $1.09 billion, beating the estimate of $984.72 million by 10.69%, but this is an 11.81% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:06 pm

META

Meta Platforms reported Q2 earnings of $2.98 per share, beating the analyst consensus estimate of $2.91 by 2.41%. This is a 21.14% increase from the same period last year. The company also reported quarterly sales of $32.00 billion, beating the analyst consensus estimate of $31.12 billion by 2.82%. This is an 11.02% increase from the same period last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 8:05 pm

RBBN

Ribbon Comms (NASDAQ:RBBN) reported Q2 earnings of $0.04 per share, meeting analyst consensus. This is a 33.33% decrease from the same period last year. The company's quarterly sales of $210.62M missed the analyst consensus of $210.79M by 0.08%, but increased by 2.34% from last year.

Portfolio Pulse from saritha@benzinga.com

July 26, 2023 | 8:04 pm

ALRS

Alerus Financial Corp. (NASDAQ:ALRS) reported Q2 earnings of $0.45 per share, beating the analyst consensus estimate of $0.35 by 28.57%. However, this is a 13.46% decrease from the same period last year. The company's quarterly sales were $48.01 million, missing the analyst consensus estimate of $48.38 million by 0.76%, and marking a 7.67% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

July 26, 2023 | 8:04 pm

VSTO

Vista Outdoor (NYSE:VSTO) reported Q1 earnings of $1.12 per share, beating the analyst consensus estimate of $1.03 by 8.74%. However, this is a 51.52% decrease from last year's earnings. The company's quarterly sales of $693.33 million missed the analyst consensus estimate of $714.76 million by 3.00%, marking a 13.62% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:04 pm

ALGN

Align Technology has projected that its Q3 operating margin will be slightly higher than that of Q2'23.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:03 pm

PTC

PTC reported Q3 earnings of $0.99 per share, missing the analyst consensus estimate of $1.00 by 1 percent. However, the company's quarterly sales of $542.34 million beat the analyst consensus estimate of $525.74 million by 3.16 percent. This represents a 17.27 percent increase over sales from the same period last year.

Portfolio Pulse from saritha@benzinga.com

July 26, 2023 | 8:03 pm

SEIC

SEI Inv (NASDAQ:SEIC) reported Q2 earnings of $0.89 per share, beating the analyst consensus estimate of $0.86 by 3.49%. This is a 9.88% increase over earnings of $0.81 per share from the same period last year. The company also reported quarterly sales of $489.06 million, beating the analyst consensus estimate of $479.22 million by 2.05%. This is a 1.53% increase over sales of $481.67 million the same period last year.

Portfolio Pulse from bharat@benzinga.com

July 26, 2023 | 8:03 pm