Streetbeat News

Revenues

VCTR

Victory Capital Holdings (NASDAQ:VCTR) reported Q2 2024 adjusted EPS of $1.31, beating the estimate of $1.26. Sales were $219.60M, slightly above the $219.49M estimate and up 7.53% from last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:05 pm

MCHX

Marchex (NASDAQ:MCHX) reported Q2 2024 adjusted EPS of $(0.01), meeting analyst expectations. However, sales of $12.074 million missed the $12.136 million estimate and were down 3.58% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:05 pm

DNMR

Danimer Scientific has forecasted that its annualized PHA revenues will more than triple by the end of Q2 2025. This significant growth projection indicates a strong future performance for the company.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:04 pm

EQ

Equillium (NASDAQ:EQ) reported Q2 earnings of $0.01 per share, significantly beating the analyst estimate of $(0.15). Sales were $13.85M, also surpassing the $6.33M estimate. This marks a substantial improvement from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:04 pm

TISI

Team Inc. (NYSE:TISI) reported a significant improvement in its Q2 adjusted losses, which decreased from $(2.55) per share last year to $(0.45) per share this year. However, the company's sales declined by 4.54% year-over-year, from $239.49 million to $228.62 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:04 pm

ANIK

Anika Therapeutics has reaffirmed its fiscal year 2024 sales guidance, projecting revenues between $168 million and $173 million, which aligns closely with the $170.84 million estimate. The company expects growth in its Joint Preservation and Restoration segment, while its Non-Orthopedic segment is anticipated to decline.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:04 pm

AMN

AMN Healthcare has projected its Q3 2024 consolidated revenue to be between $660 million and $680 million, which is below the estimated $740.43 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:01 pm

WEST

Westrock Coffee (NASDAQ:WEST) reported Q2 2024 adjusted EPS of $(0.13), missing the $(0.08) estimate by 62.5%. Sales were $208.389M, missing the $214.467M estimate by 2.83% and down 7.26% from last year's $224.7M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:01 pm

NRDY

Nerdy Inc. (NRDY) has revised its Q3 2024 revenue expectations to $35M-$38M, significantly below the estimated $49.36M. The company also cut its FY24 revenue outlook from $232M-$246M to $196M-$204M, below the estimated $237.57M. Adjusted EBITDA for Q3 is expected to be between negative $19M and negative $17M, and for the full year, between negative $21M and negative $19M. Despite these revisions, Nerdy expects a return to durable and profitable growth by the end of the year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:01 pm

PDD

PDD Holdings (NASDAQ:PDD) has significantly outperformed the market over the past 5 years, delivering an average annual return of 42.15%. A $100 investment in PDD 5 years ago would be worth $617.26 today. The company's current market capitalization is $191.71 billion.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 9:00 pm