Streetbeat News

Revenues

MQ

Levi & Korsinsky has initiated an investigation into Marqeta, Inc. (NASDAQ:MQ) for potential violations of federal securities laws after the company reduced its revenue growth forecast for Q4 2024.

Portfolio Pulse from

November 08, 2024 | 6:15 pm

ENLAY

Brazil is suing Italy's Enel for $45.12 million in damages due to a power outage in Sao Paulo. The lawsuit seeks collective restitution for the outage's impact on the city.

Portfolio Pulse from

November 08, 2024 | 6:00 pm

HBI

Hanesbrands Inc. reported flat organic revenue and margin improvement in Q3 2024, with increased SG&A expenses due to marketing and talent investments. The company completed the Champion divestment and repaid $870 million in debt, focusing on higher-yielding Term Loan B, which boosted the stock by 18%. Despite potential Q4 growth, long-term margin targets remain uncertain.

Portfolio Pulse from

November 08, 2024 | 6:00 pm

BCE

BCE's Q3 2024 earnings and revenues missed estimates, with a notable 14.3% decline in product revenues, despite steady growth in the Bell Media unit. This has led to a decrease in BCE's stock price.

Portfolio Pulse from

November 08, 2024 | 6:00 pm

PARA

Paramount Global's Q3 earnings exceeded expectations, but the company experienced a year-over-year decline in revenues. The results highlight challenges in affiliate and content-licensing revenues, despite strong growth in Paramount+ adoption.

Portfolio Pulse from

November 08, 2024 | 6:00 pm

TEF

Telefonica's Q3 2024 earnings exceeded estimates despite a year-over-year revenue decline, influenced by forex headwinds. The company's Telefonica Tech and Telefonica Infra units showed strength.

Portfolio Pulse from

November 08, 2024 | 6:00 pm

WBD

Warner Bros. Discovery's Q3 results show strong growth in direct-to-consumer (DTC) subscribers, but this is partially offset by weaker performance in the studios segment.

Portfolio Pulse from

November 08, 2024 | 5:45 pm

EQIX

Equinix (EQIX) is positioned as a strong investment due to the thriving data center industry, its recurring revenue model, and strategic growth initiatives.

Portfolio Pulse from

November 08, 2024 | 5:45 pm

AXON

Axon Enterprise's stock reached an all-time high due to its extraordinary growth rate.

Portfolio Pulse from

November 08, 2024 | 5:30 pm

AXON

IVV

Axon Enterprise outperformed quarterly earnings estimates and raised its revenue outlook, making it the best performer in the S&P 500 today.

Portfolio Pulse from

November 08, 2024 | 5:30 pm