Streetbeat News

Revenues

TSLA

Tesla's new Shanghai megafactory, dedicated to energy storage products, is 45% complete. This facility is Tesla's first outside the U.S. for energy storage, with production expected to start in Q1 2025. Tesla's energy segment revenue has surged, and the company anticipates further growth.

Portfolio Pulse from Anan Ashraf

August 20, 2024 | 8:42 am

RERE

ATRenew has announced its expected Q3 revenue to be between RMB3.97 billion and RMB4.07 billion. This guidance provides insight into the company's financial performance for the quarter.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:21 am

MYNA

Mynaric AG has revised its 2024 financial guidance, significantly lowering expected revenue and increasing projected operating losses due to production delays and component shortages.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:18 am

FUTU

Futu Holdings has raised its guidance for new paying clients in 2024 to 550,000, up from the previous estimate of 400,000. The company reported significant growth in paying clients, with a 28.8% year-over-year increase and an 8.2% quarter-over-quarter increase in Q2. Despite a sequential decline, the year-over-year growth was substantial.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:12 am

FUTU

Futu Holdings reported significant growth in Q2 2024, with a 28.8% increase in paying clients, a 24.4% rise in daily average client assets, and a 69% surge in trading volume year-over-year. The company also saw substantial growth in registered clients, users, and margin financing.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:09 am

FUTU

Futu Holdings reported a year-over-year increase in its Q2 adjusted earnings per ADS to $1.19 from $1.09, and sales rose to $400.73 million from $317.10 million.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:05 am

FUTU

Futu Holdings reported a year-over-year increase in Q2 sales, reaching $400.73 million, up from $317.10 million.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:02 am

API

Agora anticipates Q3 2024 revenue between $31.5M and $33.5M, reflecting the discontinuation of certain unprofitable products.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 7:18 am

API

Agora (NASDAQ:API) reported a 2.30% decrease in Q3 sales, with $34.21 million compared to $35.02 million last year.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 7:11 am

ALTS

ALT5 Sigma Corporation (NASDAQ:ALTS) reported Q2 fintech revenues of $2.17M and an EPS of $0.07. The company showed significant growth in net income and gross profit, indicating strong financial performance.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 7:01 am