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Revenues

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has significantly outperformed the market over the past 20 years, achieving an average annual return of 28.47%. A $100 investment in REGN 20 years ago would be worth $14,648.53 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:30 pm

CYBR

CyberArk Software Ltd (NASDAQ:CYBR) reported a strong fiscal second-quarter 2024 with a 28% revenue increase to $224.7 million, beating analyst estimates. The company also posted an adjusted EPS of 54 cents, surpassing expectations. Key performance indicators showed significant growth in subscription revenues and annual recurring revenue. The company raised its fiscal 2024 outlook, projecting higher revenues and adjusted EPS. CYBR stock gained 7.5% following the report.

Portfolio Pulse from Anusuya Lahiri

August 08, 2024 | 3:27 pm

GTN

Gray Television shares are trading lower after the company reported worse-than-expected Q2 financial results and revised its FY24 core advertising revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:23 pm

SPY

Global stock markets, including Japan's Nikkei 225 and the US S&P 500, have experienced significant volatility but showed resilience with notable rebounds. The S&P 500 has increased by 11% year-to-date despite recent fluctuations.

Portfolio Pulse from Zaheer Anwari

August 08, 2024 | 3:22 pm

PZZA

Papa John's International, Inc. (NASDAQ:PZZA) reported a mixed Q2 fiscal 2024 with a revenue decline of 1.3% year-over-year to $507.894 million, missing the consensus of $520.519 million. However, the company beat EPS expectations with 61 cents against the expected 53 cents. North America comparable sales were down 4%, and international sales were flat. The company saw 31 net unit closures due to strategic international closures. Despite these challenges, adjusted operating income increased by 4% due to improved margins and cost discipline. The stock rose by 4.50% following the report.

Portfolio Pulse from Akanksha Bakshi

August 08, 2024 | 3:21 pm

FXI

GM

GM's CFO has acknowledged a significant inventory glut in China but emphasized the company's commitment to self-sustaining operations in the region.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:21 pm

DELL

MSTR

SMCI

The article highlights three large-cap stocks trading over 30% below their 52-week highs: MicroStrategy Inc. (MSTR), Dell Technologies Inc. (DELL), and Super Micro Computer Inc. (SMCI). These stocks present potential buying opportunities for investors due to their significant discounts and strategic positions in their respective markets.

Portfolio Pulse from Surbhi Jain

August 08, 2024 | 3:19 pm

AAPL

GSAT

Globalstar, Inc (NYSE: GSAT) reported a 10% increase in Q2 2024 revenue to $60.4 million, beating analyst estimates. The company also raised its FY24 revenue outlook. Despite a net loss, the stock price gained due to strong service revenue growth and a 20% increase in Adjusted EBITDA.

Portfolio Pulse from Anusuya Lahiri

August 08, 2024 | 3:19 pm

INVZ

Innoviz Technologies (NASDAQ:INVZ) reported Q2 EPS of $(0.13), beating the $(0.15) estimate, and sales of $6.66M, surpassing the $4.60M estimate. This represents a significant improvement over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:16 pm

QSR

Restaurant Brands Intl (NYSE:QSR) reported Q2 2024 earnings of $0.86 per share, missing the $0.87 estimate, but sales of $2.080 billion beat the $2.026 billion estimate. Earnings increased by 1.18% year-over-year, while sales grew by 17.18%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:08 pm