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Revenues

ROAD

Construction Partners has raised its fiscal year 2024 outlook for revenues to a range of $1.84 billion to $1.86 billion, up from the previous range of $1.81 billion to $1.85 billion. The company also increased its guidance for net income, Adjusted EBITDA, and Adjusted EBITDA Margin.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:07 am

PGY

Pagaya Technologies (NASDAQ: PGY) has entered into a $1 billion consumer loan agreement with Castlelake, L.P. This deal will allow Castlelake to purchase up to $1 billion in consumer loans through Pagaya's AI-driven network over an initial 12-month term, with potential extensions. This agreement enhances Pagaya's funding capacity and diversifies its funding sources.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:06 am

CUTR

Cutera shares are trading lower after the company reported worse-than-expected Q2 revenue results and cut its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:04 am

ROAD

Construction Partners (NASDAQ:ROAD) reported Q3 2024 earnings per share (EPS) of $0.59, surpassing the analyst consensus estimate of $0.54 by 9.26%. The company also reported quarterly sales of $517.794 million, exceeding the estimate of $503.567 million by 2.83%. This represents a 22.73% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:04 am

CBAT

CBAK Energy Tech (NASDAQ:CBAT) reported Q2 earnings per share of $0.07, meeting analyst expectations. However, the company's sales of $47.79 million missed the $62.57 million estimate by 23.62%. Despite this, sales increased by 12.66% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:03 am

AMCX

AMC Networks (NASDAQ:AMCX) reported Q2 2024 earnings per share of $1.24, missing the analyst estimate of $1.52 by 18.42%. However, the company beat sales estimates with $625.94 million, a 4.09% increase over the expected $601.343 million. Despite this, both earnings and sales were down compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:03 am

NFE

New Fortress Energy (NASDAQ:NFE) reported a significant miss in its Q2 2024 earnings and sales. The company posted an adjusted EPS of $(0.41), missing the $0.07 estimate by 685.71%, and sales of $428.01 million, missing the $509.24 million estimate by 15.95%. This represents a 23.75% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:03 am

BRY

Berry Corp (NASDAQ:BRY) reported Q2 2024 earnings per share of $0.18, missing the analyst estimate of $0.21 by 14.29%. However, the company reported sales of $197.819 million, beating the estimate of $177.167 million by 11.66%. This represents a 13.75% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:02 am

ISSC

Innovative Solutions & Support Inc. (ISSC) reported Q3 earnings per share (EPS) of $0.11, up from $0.09 year-over-year (YoY). Sales increased to $11.77 million from $7.96 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:02 am

CGC

Canopy Growth reported its Q1 net revenue at C$66.212 million, a decrease from C$76.258 million year-over-year. The company also reported an EPS of C$(1.60).

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:02 am