Streetbeat News

Revenues

SGHT

Sight Sciences anticipates double-digit growth in surgical glaucoma revenue in the second half of 2024. However, the company expects a decrease in dry eye revenue due to a price increase effective October 1, 2024, which is likely to negatively impact cash-pay procedure volumes before a projected return to growth in 2025.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:10 pm

NET

Cloudflare Inc (NYSE:NET) reported strong Q2 earnings with revenue and EPS beating Street estimates. The company provided optimistic guidance for Q3 and the full fiscal year, leading to an 8% increase in after-hours trading.

Portfolio Pulse from Chris Katje

August 01, 2024 | 9:09 pm

SAND

Sandstorm Gold (NYSE:SAND) reported Q2 2024 earnings of $0.03 per share, beating the analyst estimate of $0.02. Sales were $41.374 million, slightly above the $41.000 million estimate. Despite the earnings beat, sales decreased by 16.98% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:09 pm

SXI

Standex International expects its Q1 revenue to be similar to or slightly higher than the previous quarter, indicating stable or modest growth.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:08 pm

CERS

Cerus Corporation has reiterated its FY24 IFC revenue guidance of $8M - $10M.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:08 pm

DMLP

Dorchester Minerals (NASDAQ:DMLP) reported a 14% YoY increase in Q2 EPS to $0.57 and a 22.02% YoY increase in sales to $37.36M.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:07 pm

TWLO

Twilio Inc (NYSE:TWLO) reported strong Q2 earnings with revenue and EPS beating estimates. Revenue increased by 4% year-over-year to $1.08 billion, and EPS was 87 cents, surpassing the expected 70 cents. The company also saw growth in active customer accounts and provided a positive outlook for Q3 and full-year 2024. Twilio shares rose 6.63% after hours.

Portfolio Pulse from Adam Eckert

August 01, 2024 | 9:07 pm

CERS

Cerus Corporation has increased its FY24 product revenue guidance range from $172M-$175M to $175M-$178M.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:07 pm

VEL

Velocity Financial (NYSE:VEL) reported Q2 2024 adjusted EPS of $0.45, beating the $0.41 estimate. Sales were $54.76M, surpassing the $50.2M estimate and marking a 40.24% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:06 pm

RLJ

RLJ Lodging Trust has acquired Hotel Teatro in Denver for $35.5 million. The 110-room boutique hotel is expected to generate over a 10% stabilized yield.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:06 pm