Streetbeat News

Revenues

OBDE

Blue Owl Capital (NYSE:OBDE) reported Q2 2024 earnings per share (EPS) of $0.41, surpassing the analyst consensus estimate of $0.40. The company also reported sales of $123.175 million for the quarter.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:44 pm

HCAT

Health Catalyst (HCAT) has provided its revenue guidance for Q3 2024 and FY 2024. The company expects Q3 2024 revenue to be between $74.5 million and $77.5 million, compared to the $75 million estimate. For FY 2024, it anticipates revenue between $304 million and $312 million, versus the $307.7 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:44 pm

TTI

TETRA Technologies, Inc. (NYSE: TTI) has completed a Definitive Feasibility Study (DFS) for its Arkansas Bromine Project, upgrading previously announced bromine resources to reserves. The study indicates a Net Present Value (NPV) of $710 million for a vertically integrated production case, compared to $337 million for third-party bromine purchases. The project is expected to increase TETRA's revenue by $200-$250 million and Adjusted EBITDA by $90-$115 million. The project will be funded through existing credit facilities and cash flow, with a projected payback period of 5.7 years.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:43 pm

PAAS

Pan American Silver reported Q2 2024 adjusted EPS of $0.11, missing the $0.16 estimate. Sales were $686.3M, below the $704.115M estimate but up 7.25% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:43 pm

ABNB

AXON

CRL

FTNT

GPN

IWM

SMCI

SPY

U.S. stock markets ended Wednesday lower, with the S&P 500 down 0.8%, Nasdaq down 1.2%, and Dow Jones down 0.6%. Small-caps, tracked by the iShares Russell 2000 ETF (IWM), were the hardest hit, down 1.4%. The decline was driven by weak demand in the 10-year U.S. bond auction and significant debt issuance by leading companies. Major gainers in the S&P 500 included Fortinet (FTNT), Axon Enterprise (AXON), and Global Payments (GPN), while major laggards were Super Micro Computer (SMCI), Airbnb (ABNB), and Charles River Laboratories (CRL).

Portfolio Pulse from Piero Cingari

August 07, 2024 | 9:42 pm

ODD

ODDITY Tech anticipates surpassing its long-term growth targets in 2024, expecting over 20% revenue growth and over 20% adjusted EBITDA margin.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:42 pm

TLF

Tandy Leather Factory reported Q2 revenue of $17.3 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:42 pm

AACG

ATA Creativity Global (NASDAQ:AACG) reported Q2 EPS of $(0.06), an improvement from $(0.08) YoY, and sales of $7.12M, up from $5.00M YoY.

Portfolio Pulse from totan@benzinga.com

August 07, 2024 | 9:42 pm

RDNT

RadNet has revised its FY24 revenue guidance to a range of $1.685 billion to $1.735 billion, which is below the previous estimate of $1.763 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:41 pm

CDXC

ChromaDex has revised its FY24 revenue growth expectations to 10%-15% year-over-year, down from a previous projection of higher than 16%. The company also expects slight improvements in gross margin and a reduction in general and administrative expenses by $1.5 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:41 pm