Streetbeat News

Revenues

VSAT

Viasat (NASDAQ:VSAT) reported Q1 2025 earnings of $0.30 per share, significantly beating the analyst estimate of $(0.46). The company also reported sales of $1.127 billion, surpassing the $1.075 billion estimate and marking a 44.52% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:27 pm

WAY

Waystar Holding (NASDAQ:WAY) reported Q2 2024 adjusted EPS of $0.04, significantly beating the analyst estimate of $(0.02). The company also reported sales of $234.543 million, surpassing the $216.153 million estimate. This marks a substantial improvement from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:27 pm

NVST

Envista Holdings Corporation (NVST) has revised its FY24 guidance, now expecting core sales to decline by 1% to 4% and adjusted EBITDA margins to be between 10% and 12%. The company anticipates further decline in Q3 before returning to growth in Q4, citing improvement actions, growth investments, and macroeconomic uncertainty.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:27 pm

INSG

Inseego has announced its Q3 total revenue forecast to be between $54 million and $58 million, surpassing the estimated $52.13 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:26 pm

VATE

Innovate (NYSE:VATE) reported Q2 earnings of $0.10 per share, a significant improvement from a loss of $(0.13) per share YoY. Quarterly sales were $313.10 million, beating the $248.10 million estimate but down 15.10% from $368.80 million YoY.

Portfolio Pulse from totan@benzinga.com

August 07, 2024 | 8:24 pm

MFIC

MidCap Financial (NASDAQ:MFIC) reported Q1 2025 earnings per share (EPS) of $0.45, beating the analyst estimate of $0.41. However, the company's sales of $69.156 million missed the estimate of $72.365 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:24 pm

GH

Guardant Health has raised its FY24 revenue outlook excluding screening from $675M-$685M to $690M-$700M. The company expects non-GAAP gross margin excluding screening to be 61%-63% and total non-GAAP operating expenses to be $720-$730 million, representing a flat to 1% decrease compared to 2023. Free cash flow is expected to be $(275)-$(285) million, an improvement of $60M-$70M compared to 2023.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:23 pm

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

SOLUSD

Cryptocurrency markets are down on Wednesday due to broader economic concerns and geopolitical tensions. Bitcoin (BTC) could dip to $54,500 if it breaks the $56,800 support level. Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), and Shiba Inu (SHIB) also saw declines. Notable developments include Bitcoin whales accumulating $23B worth of BTC and Morgan Stanley offering Spot Bitcoin ETFs to clients.

Portfolio Pulse from Khyathi Dalal

August 07, 2024 | 8:23 pm

HOOD

Robinhood Markets (NASDAQ:HOOD) reported strong Q2 earnings with revenue and EPS beating estimates. Key highlights include a 161% increase in crypto revenue, 2 million Gold subscribers, and record net deposits of $13.2 billion. The company also reported a 57% increase in assets under custody.

Portfolio Pulse from Chris Katje

August 07, 2024 | 8:22 pm

CACI

CACI International has provided its fiscal year 2025 guidance, forecasting adjusted EPS between $22.44 and $23.33, slightly below the $23.30 estimate. Revenue is expected to be between $7.9 billion and $8.1 billion, aligning closely with the $7.91 billion estimate. The company also projects free cash flow of at least $425 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:22 pm