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Revenues

AAPL

NVDA

TSM

Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) reported a 44.7% year-over-year revenue increase for July 2024, leading to a 3.54% rise in pre-market trading. Despite production issues with Nvidia's AI chips, analysts predict strong third-quarter revenue growth for TSMC.

Portfolio Pulse from Benzinga Neuro

August 09, 2024 | 9:40 am

AVD

DOCS

ITI

Doximity, Inc. (NYSE:DOCS) shares surged over 28% in pre-market trading after reporting better-than-expected Q1 financial results and issuing strong FY24 revenue guidance. Other notable pre-market movers include Iteris, Inc. (NASDAQ:ITI) up 61.7% due to an acquisition, and American Vanguard Corporation (NYSE:AVD) down 30.8% after disappointing Q2 results.

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 9:04 am

ORGS

Orgenesis (NASDAQ:ORGS) reported a Q2 EPS loss of $(0.23), an improvement from $(0.76) YoY, and sales of $246K, up from $113K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 8:35 am

AMCX

AXL

LLY

SATS

SPY

USFD

The S&P 500 recorded its best session since January 2023, driven by improved investor sentiment despite the CNN Money Fear and Greed index remaining in the 'Extreme Fear' zone. Key economic data showed a decline in U.S. initial jobless claims and a slight increase in wholesale inventories. US Foods Holding Corp. and Eli Lilly And Co reported better-than-expected financial results. All sectors on the S&P 500 closed positively, with notable gains in communication services, industrials, and information technology. Investors are awaiting earnings results from EchoStar Corporation, American Axle & Manufacturing Holdings, Inc., and AMC Networks Inc.

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 8:16 am

MAPS

WM Technology has issued guidance for Q3 2024, expecting net revenues of $44 million and adjusted EBITDA of $7 million, which is below the consensus estimate of $47.725 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 7:40 am

ATER

Aterian expects Q3 2024 net revenue to be between $25M-$27M, slightly below the consensus of $26.148M. The company also projects adjusted EBITDA to range from $0.0M to $0.6M. Management remains optimistic about profitability on an adjusted EBITDA basis for the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 7:35 am

BLZE

Backblaze has updated its financial outlook, expecting Q3 2024 revenue between $32.4M and $32.8M, slightly above the $31.851M estimate. For full-year 2024, revenue is projected between $126.5M and $128.5M, compared to the $126.785M consensus.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 7:26 am

BLND

Blend Labs has provided its Q3 2024 guidance, expecting consolidated revenue between $39.5M and $43.5M, which is below the consensus of $43.396M. The company also anticipates a non-GAAP net operating loss between $(7.0)M and $(4.0)M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 7:22 am

ASX

ASE Technology Holding reported a 6.7% year-over-year growth in net revenues for July 2024, reaching NT$51,596 million (US$1,590 million). This also represents a 10% sequential increase from June 2024.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 7:15 am

ATLC

Atlanticus Holdings (NASDAQ:ATLC) reported Q2 2024 earnings per share (EPS) of $0.99, missing the analyst estimate of $1.21 by 18.18%. Sales were $316.023 million, also missing the estimate of $327.464 million by 3.49%. Despite the misses, sales increased by 8.66% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 5:50 am