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Revenues

AKAM

Akamai Technologies has provided its financial guidance for Q3 and the full year 2024. The company expects Q3 adjusted EPS to be between $1.56 and $1.62, slightly above the $1.54 estimate. Revenue is projected to be between $988 million and $1.01 billion, close to the $996.73 million estimate. For the full year, revenue is expected to range from $3.97 billion to $4.01 billion. Security revenue growth is forecasted at 15-17%, and compute revenue growth at 23-25%. The non-GAAP operating margin is expected to remain at 29%, with a non-GAAP net income per diluted share between $6.34 and $6.47.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:38 pm

ADMA

ADMA Biologics reported Q2 2024 earnings per share of $0.13, significantly beating the analyst estimate of $0.07. The company also reported sales of $107.191 million, surpassing the estimate of $86.412 million. Both EPS and sales showed substantial year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:37 pm

PRTA

Prothena Corp reported Q2 collaboration revenue of $132 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:37 pm

ALRM

Alarm.com Holdings (NASDAQ: ALRM) reported Q2 2024 adjusted EPS of $0.58, beating the estimate of $0.49. Sales were $233.80M, surpassing the $227.25M estimate and showing a 4.43% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:37 pm

SOUN

SoundHound AI Inc (NASDAQ:SOUN) reported strong Q2 earnings, beating revenue and EPS estimates. The company raised its full-year guidance, citing strong customer momentum and increased demand for voice and conversational AI. Shares rose 7.87% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 08, 2024 | 8:37 pm

DOCS

Doximity shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:36 pm

CCSI

Consensus Cloud Solutions (CCSI) has provided its Q3 and FY24 guidance, with Q3 EPS expected to be between $1.25 and $1.35, and revenue between $83.5M and $87.5M. For FY24, EPS is projected to be between $5.45 and $5.55, and revenue between $338M and $353M. The company reaffirms its revenue and adjusted EBITDA guidance while raising its adjusted earnings per diluted share guidance for 2024.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:36 pm

ACTG

Acacia Research (NASDAQ:ACTG) reported Q2 2024 adjusted EPS of $(0.08), missing the $0.08 estimate by 200%. However, sales of $25.80M beat the $19.75M estimate by 30.63%, marking a 226.42% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:35 pm

HGBL

Heritage Global (NASDAQ:HGBL) reported Q2 2024 GAAP EPS of $0.07, meeting analyst expectations. However, the company missed sales estimates, reporting $12.023 million against the expected $14.149 million, a 15.03% shortfall and an 8.21% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:35 pm

TTEC

TTEC Holdings reported Q2 2024 earnings of $0.14 per share, missing the analyst estimate of $0.30 by 53.33%. Sales were $534.085 million, also missing the estimate of $552.671 million. Both earnings and sales showed significant declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:35 pm