Streetbeat News

Revenues

LITE

Lumentum Holdings (NASDAQ:LITE) reported Q4 earnings of $0.06 per share, beating the analyst estimate of $0.03. Sales were $308.30 million, surpassing the $300.80 million estimate. However, both earnings and sales decreased significantly compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:03 pm

BLIN

Bridgeline Digital (NASDAQ:BLIN) reported Q3 adjusted EPS of $0.00, beating the estimate of $(0.04). Sales were $3.94 million, surpassing the $3.72 million estimate and showing a 0.66% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:03 pm

CNVS

Cineverse (NASDAQ:CNVS) reported Q1 2025 adjusted EPS of $(0.20), missing the $(0.13) estimate by 53.85%. Sales were $9.10M, missing the $10.64M estimate by 14.51% and down 29.89% from $12.98M last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:03 pm

SCPH

scPharmaceuticals reported a Q2 EPS of $(0.36), an improvement from $(0.44) year-over-year. Revenue increased significantly to $8.1 million from $1.6 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:02 pm

HRB

H&R Block (NYSE:HRB) has outperformed the market over the past 5 years with an average annual return of 15.85%, surpassing the market by 2.48% annually. A $100 investment in HRB 5 years ago would now be worth $205.17. The company currently has a market capitalization of $7.92 billion.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 8:01 pm

ILMN

Illumina (NASDAQ:ILMN) has significantly outperformed the market over the past 20 years, delivering an average annual return of 21.21%. A $1000 investment in ILMN 20 years ago would be worth $46,517.82 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 8:01 pm

OPTX

Syntec Optics reported Q2 2024 net sales of $7.01 million, up from $6.26 million year-over-year. The company also reported an EPS of $0.01, compared to $(0.03) in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:14 pm

WMT

Walmart Inc (NYSE:WMT) is set to report its Q2 earnings, with analysts expecting revenue of $168.57 billion and earnings per share of 64 cents. The company has a strong track record of beating estimates and is seen as a 'safe haven' in weak markets. Analysts are optimistic about Walmart's performance, citing potential for higher customer counts and increased ecommerce and advertising revenue.

Portfolio Pulse from Chris Katje

August 14, 2024 | 7:07 pm

BKKT

Bakkt Holdings shares are trading lower after the company reported worse-than-expected Q2 EPS results and cut its FY24 crypto revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:05 pm

FILUSD

Filecoin (CRYPTO: FIL) has fallen 3.19% in the past 24 hours to $3.59, despite an 8.0% gain over the past week. Trading volume decreased by 22.0% over the week, while circulating supply increased by 0.08%. Filecoin's market cap is $2.07 billion, ranking it #41.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 7:02 pm