Streetbeat News

Revenues

UCL

Ucloudlink Group expects Q3 2024 revenue to be between $24M and $28M, compared to the $27.05M estimate. This represents a year-over-year increase of 0.4% to 17.2%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:36 am

UCL

Ucloudlink Group reported Q2 sales of $22.355 million, surpassing the estimated $22 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:31 am

AAPL

Apple Inc. (NASDAQ:AAPL) has become India's fastest-growing manufacturer in 50 years, surpassing $23 billion in revenue in FY24. This growth is driven by Apple's focus on the Indian market and local manufacturing, with India contributing 14% to Apple's overall production. iPhones alone contributed around $15 billion to exports from India in the last fiscal year.

Portfolio Pulse from Ananthu C U

August 14, 2024 | 8:18 am

EC

Ecopetrol reported a decline in Q2 net income attributable to owners, falling to COP 3.376 trillion from COP 4.087 trillion year-over-year. Sales also decreased to COP 32.627 trillion from COP 34.3 trillion year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:29 am

INBX

Inhibrx Biosciences (NASDAQ:INBX) reported a significant improvement in its Q2 earnings, with EPS of $125.48, a 3011.37% increase from the previous year's loss of $(4.31) per share. Sales also rose by 233.33% to $100.00K from $30.00K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:24 am

ESLT

Elbit Systems reported Q2 adjusted earnings of $2.08 per share, surpassing the estimate of $1.77. The company also reported sales of $1.63 billion, exceeding the expected $1.57 billion.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:15 am

KE

Kimball Electronics has released its fiscal year 2025 guidance, expecting net sales between $1.44 billion and $1.54 billion, which is below the consensus of $1.731 billion. The company also anticipates an adjusted operating margin of 4%-4.5% and capital expenditures of $40-$50 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:51 am

EWQ

The France Harmonised Index of Consumer Prices (HICP) for July increased by 0.2%, surpassing the estimated 0.1% and matching the prior month's 0.2%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:49 am

EWQ

The France Consumer Price Index (CPI) for July increased by 0.2% month-over-month, surpassing the estimated 0.1% and the prior month's 0.1%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:49 am

POAI

Predictive Oncology (NASDAQ:POAI) reported Q2 EPS of $(0.68), an improvement from $(0.98) YoY, but sales decreased by 43.13% to $278.72K from $490.11K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:43 am