Streetbeat News

Revenues

MCK

McKesson (NYSE:MCK) reported Q1 2025 adjusted EPS of $7.88, beating the $7.21 estimate, but sales of $79.30 billion missed the $82.53 billion estimate. Sales increased by 6.47% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:08 pm

GMED

In the last three months, 8 analysts have published ratings on Globus Medical (NYSE:GMED), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 13.36% to $76.38. Analysts have raised their price targets, reflecting positive market conditions and company performance. Despite impressive revenue growth, Globus Medical faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 8:08 pm

PDYN

Palladyne AI Corp (PDYN) reported a 112% YoY increase in Q2 revenue and a 72% increase in H1 2024 revenue. The company released an MVP of Palladyne IQ and completed its first on-site trial. Operating expenses decreased by 73% in Q2 and 66% in H1 2024, leading to a significant reduction in net loss. Key executives from ABB, Delta Airlines, iRobot, and Softbank have joined the company.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:08 pm

BMBL

Bumble projects Q3 2024 revenue between $269M and $275M, slightly below the $273M estimate. Bumble App revenue is expected to be $217M-$221M, with adjusted EBITDA of $77M-$80M. For FY 2024, Bumble forecasts revenue growth of 1%-2%, Bumble App revenue growth of 1.5%-2.5%, and adjusted EBITDA margin growth of 200 basis points.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:08 pm

VINP

Vinci Partners Inv (NASDAQ:VINP) reported Q2 earnings of $0.25 per share, beating the analyst estimate of $0.20. Sales were $22.57 million, also surpassing the $21.48 million estimate. However, both earnings and sales showed a year-over-year decline.

Portfolio Pulse from totan@benzinga.com

August 07, 2024 | 8:07 pm

HUBS

HubSpot (NYSE:HUBS) reported Q2 2024 adjusted EPS of $2.03, beating the estimate of $1.63 by 24.54%. Sales were $637.2M, surpassing the $619.436M estimate and marking a 20.42% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:07 pm

HOOD

Robinhood Markets (NASDAQ:HOOD) reported Q2 2024 adjusted EPS of $0.21, beating the $0.15 estimate by 40%. Sales were $682M, surpassing the $643.34M estimate by 6.01% and marking a 40.33% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:07 pm

CPAY

Corpay (NYSE:CPAY) reported Q2 2024 adjusted EPS of $4.55, beating the estimate of $4.51. Sales were $975.710M, surpassing the $973.728M estimate. This marks a 2.90% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:06 pm

EQIX

Equinix (NASDAQ:EQIX) reported Q2 2024 earnings of $9.22 per share, beating the analyst estimate of $8.86. The company also reported sales of $2.160 billion, slightly above the $2.159 billion estimate, marking a 7.04% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:06 pm

ECOR

electroCore (NASDAQ:ECOR) reported Q2 2024 GAAP EPS of $(0.38), beating the estimate of $(0.44) and showing a significant improvement from $(1.03) last year. Sales were $6.139M, surpassing the $5.556M estimate and marking a 72.88% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:06 pm