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Revenues

ACMR

ACM Research shares are trading higher after the company reported Q2 financial results and raised its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:17 pm

TCPC

BlackRock TCP Capital reported Q2 adjusted EPS of $0.38, down from $0.48 year-over-year, while revenue increased to $71.526 million from $53.960 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:15 pm

WIX

Wix.com Ltd (NASDAQ:WIX) reported strong fiscal Q2 2024 results, with revenue and profit beating analyst estimates. Revenue grew 12% year-over-year to $435.7 million, and adjusted EPS was $1.67. The company saw significant growth in its Partner and Subscription segments. Wix expects continued growth in fiscal 2024 and has raised its revenue and free cash flow guidance.

Portfolio Pulse from Anusuya Lahiri

August 07, 2024 | 12:14 pm

TRIN

Trinity Capital (NASDAQ:TRIN) reported Q2 2024 earnings per share (EPS) of $0.51, missing the analyst estimate of $0.52 by 1.92%. However, the company reported sales of $54.641 million, beating the estimate of $52.833 million by 3.42%. Compared to the same period last year, EPS decreased by 12.07%, while sales increased by 18.67%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:10 pm

JBI

Janus International Group shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:09 pm

ALAB

Astera Labs reported Q2 2024 revenue of $76.9 million and an adjusted EPS of $0.13.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:07 pm

REAL

RealReal shares are trading lower after the company reported Q2 financial results and issued Q3 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:07 pm

RL

Ralph Lauren expects Q2 constant currency revenues to grow by 3% to 4% compared to last year, with foreign currency negatively impacting revenue growth by 160 basis points. Operating margin is expected to expand by 80 to 120 basis points in constant currency, with gross margin expansion offsetting higher marketing expenses. Capital expenditures for Fiscal 2025 are projected to be $300 million to $325 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:04 pm

IEP

Icahn Enterprises (NASDAQ:IEP) reported Q2 sales of $2.20 billion, missing the analyst consensus estimate of $2.24 billion by 1.87%. This represents a 13.39% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:03 pm

GBLI

Global Indemnity Group (NYSE:GBLI) reported Q2 2024 adjusted EPS of $0.72, beating the estimate of $0.52 by 38.46%. However, sales of $108.687 million missed the $114.000 million estimate and were down 23.40% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:03 pm