Streetbeat News

Revenues

SPRU

Spruce Power maintains its 2024 guidance for Operating EBITDA in the range of $68M-$86M and Adjusted Free Cash Flow in the range of $0-$5M, with expectations trending to the lower end. The company faced higher operating expenses due to unforeseen CEO transition costs, increased legal expenses from a proxy contest, and non-routine operations and maintenance expenditures.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:07 pm

CSCO

Cisco Systems, Inc. (CSCO) has released its Q1 FY25 financial guidance, projecting a Non-GAAP EPS of $0.86-$0.88, surpassing the estimated $0.85. The company also forecasts revenue between $13.65 billion and $13.85 billion, compared to the estimated $13.71 billion.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:07 pm

USIO

Usio (NASDAQ:USIO) reported Q2 sales of $20.08 million, beating the analyst consensus estimate of $19.91 million by 0.83%. However, this represents a 5.56% decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:06 pm

LITE

Lumentum Holdings Inc. (LITE) has provided its business outlook for the fiscal first quarter of 2025, expecting net revenue between $315 million and $335 million, and non-GAAP diluted earnings per share (EPS) between $0.07 and $0.17, compared to the estimated $0.13. The company also anticipates a non-GAAP operating margin of 0% to 3.0%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:04 pm

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