Streetbeat News

Revenues

TNGX

Tango Therapeutics reported its Q2 2024 financial results, with a GAAP EPS of $(0.24), beating the estimate of $(0.33). The company also reported sales of $19.875 million, surpassing the estimated $7.423 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:25 am

WMG

Warner Music Group (WMG) reported its Q3 2024 adjusted EPS of $0.27, which was in line with expectations. However, the company missed its sales estimate, reporting $1.25 billion compared to the expected $1.56 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:25 am

INDP

Indaptus Therapeutics has entered into securities purchase agreements with investors for the issuance and sale of 1,643,837 common shares, raising $3.0 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:22 am

SONY

Sony has updated its FY24 outlook, projecting sales of ¥12.61 trillion, up from the previous ¥12.31 trillion, and adjusted EBITDA of ¥1.99 trillion, up from ¥1.93 trillion. The company has reiterated its operating margin of 10.4%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:22 am

DBD

Diebold Nixdorf Incorporated has revised its revenue growth projection for FY24 to flat, compared to its previous expectation of low single-digit growth.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:22 am

BCO

Brink's Company (BCO) has reaffirmed its FY24 revenue expectations to be between $5.075 billion and $5.225 billion, with an adjusted EPS from continuing operations ranging from $7.30 to $8.00. The consensus estimate for adjusted EPS is $7.59.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:21 am

BAM

Brookfield Asset Management reported Q2 2024 GAAP EPS of $0.30, which did not compare to the estimated $0.79. The company also reported sales of $916.00M, missing the $1.24B estimate.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:21 am

SONY

Sony has raised its FY24 sales outlook to $85.2 billion, up from the previous forecast of $84.9 billion, and significantly higher than the $79.64 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:21 am

AXON

Axon Enterprise shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:21 am

JBI

Janus International Group has updated its financial outlook for FY24, projecting revenues between $1.005 billion and $1.035 billion, which is lower than the previous estimate of $1.11 billion. The adjusted EBITDA is also expected to decrease by 7.2% at the midpoint compared to 2023 levels.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:19 am