Streetbeat News

Revenues

HQY

HealthEquity reported its financial results for the third quarter ended October 31, 2024. The company achieved a revenue of $300.4 million, marking a 21% increase from the previous year. However, net income decreased to $5.7 million from $14.7 million, while non-GAAP net income rose by 33% to $69.4 million.

Portfolio Pulse from

December 09, 2024 | 9:15 pm

AGX

Argan Inc. reported strong Q3 FY25 earnings with double-digit topline growth, improved margins, and a robust pipeline driven by rising energy demand. The company is well-positioned for continued revenue growth.

Portfolio Pulse from

December 09, 2024 | 9:00 pm

CMCSA

Comcast shares fell by approximately 9% after an executive warned of an expected loss of 100,000 broadband subscribers in the current quarter.

Portfolio Pulse from

December 09, 2024 | 8:30 pm

DIS

Disney's efforts to limit password sharing are positively impacting subscriber growth, according to CFO Hugh Johnston.

Portfolio Pulse from

December 09, 2024 | 8:15 pm

OLVI

Oliveda International, Inc. (OLVI) announced significant growth for its subsidiary, Olive Tree People, in the waterless beauty sector. With a 2,850% growth rate and $100 million turnover in the U.S., the company is expanding globally to Canada, the UK, Europe, and beyond.

Portfolio Pulse from

December 09, 2024 | 8:15 pm

MRVL

Marvell (MRVL) reported impressive Q3 earnings, driven by significant growth in AI-related sales. The company's data center revenue increased by 98% year-over-year, highlighting its successful entry into the AI market.

Portfolio Pulse from

December 09, 2024 | 7:30 pm

AAPL

Apple's Q4 earnings report received mixed reviews from analysts, but the focus should be on its strong installed base, growing service revenues, and margin expansion potential. Its valuation is attractive due to high return on capital and a capital-light model.

Portfolio Pulse from

December 09, 2024 | 7:15 pm

ZETA

Zeta Global Holdings (ZETA) is facing a class action lawsuit from investors alleging revenue round-tripping and improper use of consent farms, raising concerns about the company's financial health and business practices.

Portfolio Pulse from

December 09, 2024 | 6:45 pm

SYM

Symbotic Inc. (SYM) is facing a securities fraud class action lawsuit after its stock price dropped over 40% in one day. The company delayed its annual report and warned about inaccuracies in previous financial statements.

Portfolio Pulse from

December 09, 2024 | 6:45 pm

FSK

FS KKR Capital has improved its portfolio quality with decreased non-accrual rates, indicating higher credit quality. The company supports a 13% dividend yield with strong earnings and a diversified portfolio. Despite a slight NAV decrease, management is actively investing in new deals.

Portfolio Pulse from

December 09, 2024 | 6:30 pm