Streetbeat News

Revenues

CART

Maplebear Inc (NASDAQ:CART) reported better-than-expected Q2 earnings, with revenue of $823 million and EPS of 20 cents, surpassing estimates. The company also issued strong guidance for Q3, leading to an 8.59% increase in after-hours trading.

Portfolio Pulse from Adam Eckert

August 06, 2024 | 9:28 pm

AZPN

Aspen Technology (AZPN) has announced its financial projections for FY25, expecting an adjusted EPS of approximately $7.47, surpassing the estimated $6.90. The company also anticipates total revenue of around $1.19 billion, exceeding the forecasted $1.11 billion.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:26 pm

WMK

Weis Markets (NYSE:WMK) reported Q2 earnings per share (EPS) of $0.98, a 22.83% decrease from $1.27 YoY. Sales remained flat at $1.18 billion, a 0.23% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:25 pm

TCS

Container Store Group (NYSE:TCS) reported Q1 2024 adjusted EPS of $(0.26), missing the $(0.21) estimate, and sales of $181.861M, missing the $192.413M estimate. This represents a 23.81% decrease in EPS and a 12.19% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:25 pm

BODI

The Beachbody Company, Inc. (NYSE:BODI) reported Q2 2024 GAAP EPS of $(1.59), beating the estimate of $(2.15). However, sales of $110.183M missed the $110.719M estimate and decreased by 18.35% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:25 pm

BTBT

Bit Digital, Inc. (NASDAQ:BTBT) reported its digital asset production and corporate updates for July 2024. The company produced 60.5 BTC, a slight decrease from the previous month, and had an active hash rate of 2.46 EH/s. Bit Digital earned $4.3 million in revenue from its AI contract and held significant BTC and ETH reserves. The company also had substantial liquidity and earned staking rewards from its ETH holdings.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:24 pm

OSUR

OraSure Technologies has provided financial guidance for Q3 2024, projecting revenues between $37 million and $41 million, significantly below the $52.13 million estimate. The guidance includes Core revenues of $36 to $39 million and InteliSwab® revenues of $1 to $2 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:24 pm

GNL

Global Net Lease (GNL) has raised its 2024 closed disposition guidance from $400 million - $600 million to $650 million - $800 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:24 pm

RUN

Sunrun has reiterated its guidance for Q3 2024 cash generation between $50M-$125M and introduced full-year 2025 guidance of $350M-$600M. The company expects significant growth in storage capacity but a decline in solar energy capacity for 2024.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:23 pm

PLUS

ePlus has maintained its FY25 guidance for net sales growth of 3% to 6% and an adjusted EBITDA range of $200 million to $215 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:22 pm