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Revenues

TWOU

2U has entered into a strategic agreement with its debtholders to eliminate over 50% of its debt and infuse approximately $110 million of new capital. This move will allow 2U to invest further in its mission without any interruption to its educational programs and services.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 7:04 am

SUBCY

Subsea 7 reported a significant increase in Q2 earnings per share (EPS) to $0.20, up 233.33% from $0.06 YoY, and a 14.56% increase in sales to $1.74 billion from $1.52 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:59 am

TTE

TotalEnergies (NYSE:TTE) reported Q2 earnings per share of $1.98, missing the analyst estimate of $2.09. However, the company beat sales estimates with $53.74 billion, surpassing the expected $46.55 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:52 am

ASX

ASE Technology Holding Co. reported its Q2 2024 financial results with GAAP EPADS of $0.11, which was in line with expectations. However, the company reported sales of $4.351 billion, missing the estimated $4.506 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:51 am

UL

Unilever expects underlying sales growth of 3%-5% for 2024, driven mainly by volume. The operating margin is projected to be at least 18%, with increased brand investment. The first half saw strong gross margin progression due to volume leverage, mix, and net productivity, but this is not expected to repeat in the second half.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:44 am

UL

Unilever (NYSE:UL) reported a 16.27% increase in H1 adjusted EPS to $1.74, up from $1.50 YoY. Sales also rose by 1.79% to $33.48 billion from $32.89 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:42 am

AZN

AstraZeneca has raised its 2024 guidance, now expecting total revenue and core EPS to increase by a mid-teens percentage, up from the previously anticipated low double-digit to low-teens percentage. This is due to strong growth in product sales and alliance revenue.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:34 am

INDV

Indivior has updated its financial guidance for FY 2024, expecting net revenue between $1.15B and $1.215B, which is slightly below the consensus of $1.215B. The company anticipates an adjusted gross margin in the low to mid-80% range and adjusted operating income between $285M and $320M. The guidance reflects adverse market dynamics impacting SUBLOCADE NR growth, initial commercial adoption of OPVEE, and cessation of PERSERIS sales and marketing.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:17 am

STLA

Stellantis has reiterated its financial guidance for 2024, expecting a double-digit AOI margin and positive industrial free cash flow despite macroeconomic uncertainties.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:15 am

INDV

Indivior (NASDAQ:INDV) reported Q2 earnings per share of $0.44, significantly beating the analyst estimate of $0.14. The company also reported sales of $299 million, surpassing the $296.05 million estimate. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:09 am