Streetbeat News

Revenues

SAIC

Science Applications International Corp (SAIC) has updated its 2025 financial guidance, forecasting adjusted EPS of $8.10-$8.30, up from prior guidance of $8.00-$8.20 and above the consensus of $8.07. The company also projects revenues of $7.35B-$7.50B, aligning closely with the consensus of $7.44B.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:16 am

DIA

QQQ

SPY

USO

UUP

U.S. markets closed mixed with potential rate cut signals from the Fed. The Dow gained slightly, while the S&P 500 and Nasdaq fell. Job openings hit a 3.5-year low, and the trade deficit expanded. Oil prices rose slightly, and the U.S. dollar retreated.

Portfolio Pulse from Akanksha Bakshi

September 05, 2024 | 11:16 am

JBLU

JetBlue has revised its Q3 revenue expectations to a range of -2.5% to 1.0%, an improvement from the previous outlook of -5.5% to -1.5%. This is due to better in-month bookings, especially in Latin America, and progress on revenue initiatives.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:11 am

GRYP

Gryphon Digital Mining (NASDAQ:GRYP) has announced the acquisition of an ultra low-cost bitcoin mining operation and reported strong August bitcoin production. The company achieved a bitcoin efficiency of 22 BTC/EH and improved its hashrate by 8% compared to August 2023. Gryphon continues to focus on sustainable operations powered by zero-carbon hydro power.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:08 am

GIII

G-III Apparel Group reported Q2 earnings of $0.52 per share, surpassing the $0.29 estimate, but sales of $644.75M missed the $649.44M estimate. Earnings increased by 30% from last year, while sales decreased by 2.27%.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:06 am

SCWX

Secureworks has updated its fiscal year 2025 guidance, expecting revenue between $328M and $335M, slightly up from the previous $325M-$335M range. The adjusted EPS is now projected at $0.03-$0.09, compared to the prior $0.05-$0.11 range.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:06 am

SCWX

SecureWorks has released its financial outlook for Q3 and fiscal year 2025. The company expects Q3 revenue between $80M-$82M and adjusted EPS of $(0.01)-$0.01. For fiscal year 2025, SecureWorks anticipates total revenue of $328M-$335M and non-GAAP net income of $3M-$8M.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:03 am

RNAZ

TransCode Therapeutics has been awarded a $2 million grant from the National Institutes of Health (NIH) to support the clinical evaluation of its lead candidate. This funding will aid in advancing their research and development efforts.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:02 am

NIO

NIO, Inc. reported strong Q2 earnings with a significant increase in revenue and vehicle deliveries. The company beat EPS expectations and provided a positive Q3 outlook. Despite a 61% stock decline over the past year, NIO's stock rose 3.30% premarket following the earnings report.

Portfolio Pulse from Anusuya Lahiri

September 05, 2024 | 11:00 am

KFY

Korn Ferry has provided guidance for its Q2 adjusted EPS to be between $1.14 and $1.26, compared to the estimated $1.20. The company also expects fee revenue to range from $655 million to $685 million.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:54 am