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COO

CooperSurgical has acquired obp Surgical for $100 million, adding single-use cordless surgical retractors and suction devices to its portfolio. The products generated $14.5 million in trailing twelve-month revenue. The acquisition is expected to be neutral to Cooper's non-GAAP EPS in fiscal 2024 and accretive thereafter.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:42 pm

VREX

Varex Imaging (NASDAQ:VREX) reported Q3 2024 earnings per share of $0.14, missing the analyst estimate of $0.19 by 26.32%. Sales were $209.1 million, slightly below the $209.5 million estimate and down 9.95% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:41 pm

AES

AES (NYSE:AES) reported Q2 earnings of $0.38 per share, beating the analyst estimate of $0.37. However, sales of $2.94 billion missed the $3.19 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:40 pm

MTD

Mettler-Toledo (MTD) has updated its financial outlook for FY24, expecting local currency sales to increase by approximately 2%. The company has also raised its adjusted EPS forecast from the range of $39.90 - $40.40 to $40.20 - $40.50, with an estimated EPS of $40.25.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:40 pm

LEG

Leggett & Platt has provided its financial guidance for FY24, projecting adjusted EPS between $1.10 and $1.25, compared to the estimated $1.11. The company also expects sales to range from $4.3 billion to $4.5 billion, against the estimated $4.424 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:40 pm

GREE

Greenidge Generation Holdings Inc. (NASDAQ:GREE) provided a bitcoin production update for Q2 and July 2024. The company produced 120 bitcoin in April, 57 in May, 40 in June, and 58 in July. The hash rate fluctuated due to various operational changes, including miner redeployment and a planned power plant outage.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:39 pm

CLAR

Clarus (NASDAQ:CLAR) reported Q2 2024 adjusted EPS of $(0.03), missing the $(0.01) estimate by 200%. Sales were $56.484M, missing the $58.536M estimate by 3.51% and down 2.51% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:39 pm

MCHP

Microchip Technology has announced its Q2 adjusted EPS guidance to be between $0.40 and $0.46, with expected revenue ranging from $1.12 billion to $1.18 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:38 pm

HCC

Warrior Met Coal (NYSE:HCC) reported Q2 2024 adjusted EPS of $1.35, beating the estimate of $1.33. Sales were $396.524M, surpassing the $380.544M estimate and showing a 4.44% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:38 pm

BFLY

Butterfly Network (NYSE:BFLY) reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.05) beating the $(0.10) estimate and sales of $21.487 million surpassing the $19.580 million estimate. This represents a 16.23% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:38 pm