Streetbeat News

Revenues

CNXC

Concentrix has released its Q3 financial guidance, projecting adjusted EPS between $2.76 and $3.04, which is below the estimated $3.23. The company also expects revenue between $2.35 billion and $2.40 billion, slightly below the estimated $2.391 billion.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:08 pm

MLKN

MillerKnoll (NASDAQ:MLKN) reported Q4 2024 adjusted EPS of $0.67, beating the analyst estimate of $0.54. However, sales of $888.9 million missed the $898.675 million estimate and were down 7.09% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:08 pm

FUL

H.B. Fuller (NYSE:FUL) reported Q2 2024 earnings per share of $0.91, missing the analyst estimate of $1.03 by 11.65%. However, the company reported sales of $917.10 million, beating the estimate of $913.53 million and showing a 2.10% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:07 pm

MARA

Marathon Digital Holdings (NASDAQ:MARA) has announced its mining operations for Kaspa (KAS), a proof-of-work digital asset. As of June 25, 2024, the company has mined 93 million KAS, equivalent to $15 million. This move aims to diversify Marathon's digital asset portfolio.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:06 pm

CNXC

Concentrix (NASDAQ:CNXC) reported Q2 2024 adjusted EPS of $2.69, beating the estimate of $2.62. Sales were $2.380 billion, surpassing the $2.348 billion estimate and marking a 47.37% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:06 pm

CMCSA

Elon Musk's Starlink has partnered with Comcast Business to provide satellite internet solutions to enterprise customers. This partnership could validate Starlink's technology and expand Comcast's connectivity offerings.

Portfolio Pulse from Chris Katje

June 26, 2024 | 8:05 pm

MU

Micron Technology has provided its Q4 guidance, projecting adjusted EPS between $1.00 and $1.16, compared to the estimated $1.05. The company also expects revenue between $7.4 billion and $7.8 billion, against the estimated $7.6 billion.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:03 pm

MU

Micron Technology (NASDAQ:MU) reported Q3 2024 adjusted EPS of $0.62, beating the estimate of $0.49. Sales were $6.810 billion, surpassing the $6.634 billion estimate and marking an 81.50% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:02 pm

AMC

AMC Entertainment Holdings Inc. (NYSE:AMC) shares are trading higher following recent developments, including confidential debt reduction talks, a capital raise, and strong attendance figures. The company also reported better-than-expected financial results for the last quarter.

Portfolio Pulse from Vaishali Prayag

June 26, 2024 | 7:42 pm

X

U.S. Steel Corporation (NYSE:X) has received a stock upgrade from BMO Capital Markets due to optimism surrounding its $3 billion Mini-Mill project in Osceola, Arkansas. The new plant is expected to significantly boost profitability by 2026. U.S. Steel shares rose 3.42% following the news.

Portfolio Pulse from Michael Juliano

June 26, 2024 | 7:20 pm