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ISRG

Intuitive Surgical, Inc. reported preliminary financial results for FY23, with an estimated revenue of approximately $7.12 billion, surpassing the $7.07 billion estimate. The company's fourth quarter revenue for 2023 was about $1.93 billion, a 17% increase from $1.66 billion in the same quarter of the previous year. Overall, the 2023 revenue represents a 14% rise from the $6.22 billion reported in 2022.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:13 pm

PKE

Park Aerospace (NYSE:PKE) reported a decrease in Q3 adjusted earnings to $0.06 per share from $0.12 YoY, with sales falling to $11.64M from $13.87M YoY, indicating a 50% drop in earnings and a 16.07% drop in sales.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:12 pm

SGH

SMART Global Holdings' board has approved a new $75 million share repurchase program, which brings the total authorizations for buybacks to $150 million over the last two years. This move reflects the company's confidence in its financial strength and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:12 pm

BAC

NTST

WFC

NETSTREIT Corp. has initiated a public offering of 8 million shares of common stock, with an additional option for underwriters to purchase up to 1.2 million more shares. Wells Fargo Securities and BofA Securities are the joint book-running managers for this offering. The offering is contingent on market conditions and other factors.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:10 pm

SGH

SMART Global Holdings (NASDAQ:SGH) reported Q1 earnings with an EPS of $0.24, surpassing the estimate of $0.16 by 50%. However, revenue declined to $191.23 million compared to the same period last year. In the previous quarter, a miss on EPS resulted in a 44.44% share price drop the following day. The company's past earnings performance shows fluctuations in EPS and revenue when compared to estimates.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:10 pm

VOXX

VOXX International (NASDAQ:VOXX) reported Q3 earnings with an EPS of $0.08, surpassing the estimated $-0.1, a 180% beat. However, revenue declined by $7.79 million compared to the same period last year. Despite missing EPS estimates last quarter, VOXX's share price increased by 21.05% the following day. The company's past earnings performance shows variability in meeting EPS estimates and fluctuating revenues.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:10 pm

AEHR

Aehr Test Systems (NASDAQ:AEHR) reported Q2 earnings with an EPS of $0.23, beating estimates by 21.05% against the expected $0.19. Revenue increased by $6.62 million compared to the same period last year. Despite beating EPS estimates last quarter, AEHR's share price dropped by 12.6% the following day. The company has a history of surpassing EPS estimates in the past four quarters.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:10 pm

NYXH

Nyxoah reported preliminary Q4 revenue of €1.8 million. The company, which is listed as NYXH on the stock market, has not provided additional details on its financial performance or guidance in the article.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:09 pm

AEHR

Aehr Test Systems has announced an expected delay in receiving new orders from both current and new customers, which is likely to affect the company's revenue for this fiscal year.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:09 pm

AEHR

Aehr Test Systems has observed a negative impact on the timing of customer orders and capacity increases for silicon carbide devices used in electric vehicles due to the slowing growth rate of the EV market in the last sixty days.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:08 pm