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G

Genpact shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY24 revenue guidance above estimates. Additionally, the company raised its FY24 EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:18 pm

NRXS

Neuraxis (AMEX:NRXS) reported Q2 EPS of $(0.42), a significant improvement from $(1.21) YoY, but sales decreased by 5.34% to $611.50K from $646.02K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:18 pm

PAY

Paymentus Holdings shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q2 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:17 pm

DOCS

IOVA

KITT

Market-Moving News for August 9th includes significant updates for Nauticus Robotics (KITT), Iovance Biotherapeutics (IOVA), and Doximity (DOCS). Nauticus Robotics has partnered with Florida Atlantic University for cost-effective testing of Aquanaut Mark 2. Iovance Biotherapeutics reported better-than-expected Q2 financial results and issued Q3 product revenue guidance above estimates. Doximity also reported better-than-expected Q1 financial results and issued Q2 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:16 pm

AXL

American Axle is targeting FY24 sales in the range of $6.1 billion to $6.3 billion, compared to the previous range of $6.05 billion to $6.35 billion. The estimate is $6.22 billion.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:13 pm

LVO

LiveOne (NASDAQ:LVO) announced that its total memberships have surpassed 3.9 million, with a 23% year-over-year growth. Tesla memberships grew by 26% YoY, and new paid members increased by over 225,000 in Fiscal Year 2025 and 64,000 in July 2024. The B2B pipeline expanded to 63, including four new partnerships to be announced.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:05 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has removed the need for a reservation to purchase the limited-edition Foundation Series Cybertruck, which starts at $99,990. The AWD version will be delivered between August and September, while the Cyberbeast variant will be delivered between October and December. Customers can also reserve a range extender for an additional $16,000. Tesla aims to ramp up production to 2,500 units per week by the end of the year and deliver 250,000 Cybertrucks annually starting in 2025.

Portfolio Pulse from Anan Ashraf

August 09, 2024 | 12:05 pm

IOVA

Iovance Biotherapeutics shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 product revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:04 pm

ADMA

ADMA Biologics shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 and FY25 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:04 pm

AXL

American Axle & Mfg Hldgs (NYSE:AXL) reported Q2 earnings of $0.19 per share, beating the analyst estimate of $0.11 by 72.73%. Sales were $1.63 billion, surpassing the $1.58 billion estimate. This represents a 58.33% increase in earnings and a 3.88% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:03 pm