Streetbeat News

Revenues

MTTR

Matterport (NASDAQ:MTTR) reported Q2 2024 adjusted EPS of $(0.02), meeting analyst expectations. However, the company missed sales estimates, reporting $42.216 million against the expected $44.400 million, though this represents a 6.69% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:25 pm

RDDT

Reddit Inc (NYSE:RDDT) reported strong Q2 earnings with revenue of $281.2 million, beating estimates. Daily active users increased by 51% year-over-year. Despite a quarterly loss of 6 cents per share, the loss was significantly lower than expected. The company provided positive Q3 revenue guidance.

Portfolio Pulse from Adam Eckert

August 06, 2024 | 8:25 pm

BGS

B&G Foods (NYSE:BGS) reported Q2 2024 earnings per share (EPS) of $0.08, missing the analyst consensus estimate of $0.09 by 11.11%. This represents a 46.67% decrease from the same period last year. However, the company reported quarterly sales of $444.590 million, beating the analyst consensus estimate of $435.830 million by 2.01%, though this is a 5.33% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:24 pm

HCKT

The Hackett Group (NASDAQ:HCKT) reported Q2 2024 adjusted earnings per share (EPS) of $0.39, surpassing the analyst consensus estimate of $0.37 by 5.41%. The company also reported quarterly sales of $77.656 million, exceeding the analyst consensus estimate of $75.705 million by 2.58%. This represents a 0.72% increase over sales of $77.102 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:24 pm

AIN

Albany International (NYSE: AIN) reported Q2 2024 earnings per share (EPS) of $0.79, missing the analyst consensus estimate of $0.90 by 12.22%. However, the company reported quarterly sales of $331.994 million, beating the analyst consensus estimate of $318.145 million by 4.35%. This represents a 21.11% increase over sales of $274.123 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:23 pm

DVN

Devon Energy expects its Q3 total capital expenditures to be between $870 million and $930 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:23 pm

SNEX

StoneX Group (NASDAQ:SNEX) reported Q3 2024 adjusted EPS of $1.88, beating the estimate of $1.78. Sales were $468.50M, surpassing the $432.43M estimate but down 39.70% from last year's $776.90M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:22 pm

UPST

Upstart Holdings, Inc. (NASDAQ:UPST) reported better-than-expected Q2 results, with losses per share and revenue beating analyst estimates. The company also provided strong Q3 guidance, expecting revenue of approximately $150 million, significantly above the $124.5 million estimate. Shares of Upstart surged 17.18% in after-hours trading.

Portfolio Pulse from Erica Kollmann

August 06, 2024 | 8:22 pm

ADEA

Adeia (NASDAQ:ADEA) reported Q2 2024 adjusted EPS of $0.28, beating the $0.23 estimate by 21.74%. Sales were $87.350M, surpassing the $84.246M estimate by 3.68%. Both EPS and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:21 pm

SUPN

Supernus Pharmaceuticals has raised its 2024 total revenue guidance from $580M-$620M to $600M-$625M, compared to the $600.12M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:21 pm