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Revenues

AFYA

Afya reported its Q2 earnings with EPS of R$1.74, up from R$0.92 year-over-year, and revenue of R$809.9 million, up from R$712.607 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:32 pm

MGRX

Mangoceuticals reported its financial results for the quarter ended June 30. The company posted an EPS of $(0.09), an improvement from $(0.14) year-over-year. Revenue increased to $163,163 from $141,237 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:30 pm

TPR

Tapestry, Inc. (NYSE:TPR) reported strong Q4 earnings, beating analyst expectations with adjusted EPS of 92 cents and sales of $1.59 billion. The company saw significant customer engagement, particularly from Gen Z and Millennials, and improved operational metrics. TPR shares are trading higher by 8.01% premarket.

Portfolio Pulse from Nabaparna Bhattacharya

August 15, 2024 | 1:22 pm

QCOM

Qualcomm and MediaTek are planning to expand their presence in the PC processor market by 2025 with their respective Arm chips, according to market sources.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:15 pm

TSM

TSMC is set to increase its CoWoS fab capacity to 60,000 wafers per month by 2025, following the acquisition of an Innolux 5.5G LCD factory. This capacity is expected to rise to 70,000-80,000 units in 2026.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:14 pm

AGFY

Agrify Corporation (NASDAQ:AGFY) reported a 41% YoY revenue drop for Q2 2024, with revenue of $3.0 million compared to $5.1 million in Q2 2023. Despite a 15% increase in quarterly revenue and a 54.8% rise in gross profit compared to Q1 2024, the company faces challenges due to uncertain regulations and limited capital availability. Agrify's net loss for Q2 2024 was $2.8 million, down from $6.8 million in Q2 2023. The company plans to explore strategic options to maximize shareholder value. Agrify shares closed 3.27% lower at 25 cents per share.

Portfolio Pulse from Nina Zdinjak

August 15, 2024 | 1:12 pm

ORA

Ormat Technologies, Inc. (NYSE: ORA) has signed its first tolling agreements in Texas for two 60MW/120MWh energy storage facilities. These agreements secure seven years of fixed revenues and support the construction of a new 100MW/200MWh project, with all projects expected to be operational by the end of 2026.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:10 pm

OCTO

Eightco Holdings (NASDAQ:OCTO) reported Q2 earnings of $0.43 per share, a significant improvement from a loss of $(3.54) per share YoY. However, sales decreased by 65.85% to $7.02 million from $20.55 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:08 pm

GAUZ

Gauzy expects aggregated revenue of $240M over the next 10 years from aeronautic cockpit shading. New wins in Q2 2024 have increased Gauzy's market share to 95% in commercial aircraft and business jets. The company is well-positioned to expand in the $600M annual aircraft shading and lighting market.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:08 pm

ACHR

Archer Aviation has delivered its first Midnight aircraft to the U.S. Air Force for evaluation under the AFWERX Agility Prime contract, which is valued at up to $142 million. The delivery follows the U.S. Department of Defense's acceptance of the aircraft's military airworthiness assessment.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:07 pm