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TELA

TELA Bio has raised its FY24 revenue guidance from the range of $74M-$76M to $74.5M-$76.5M, slightly above the estimated $74.94M.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:33 pm

SRTS

Sensus Healthcare (NASDAQ:SRTS) reported Q1 2024 earnings of $0.14 per share, surpassing the $(0.06) estimate, marking a 333.33% beat and a 216.67% increase from last year's $(0.12) per share loss. Sales reached $10.663M, exceeding the $4.120M estimate by 158.81% and showing a 212.33% increase from last year's $3.414M.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:33 pm

DBX

Dropbox (NASDAQ:DBX) exceeded Q1 earnings and sales expectations with earnings of 58 cents per share and quarterly sales of $631.3 million, representing a 3.31% year-over-year increase. The company reported 18.16 million paying users, a slight increase from the previous year, and an annual recurring revenue of $2.556 billion, up 3.6% year-over-year. Non-GAAP gross margin improved to 84.6%. CEO Drew Houston highlighted the company's focus on AI-powered product experiences to enhance distributed work.

Portfolio Pulse from Erica Kollmann

May 09, 2024 | 9:31 pm

KRT

Karat Packaging (NASDAQ:KRT) reported Q1 2024 earnings of $0.40 per share, missing the consensus estimate of $0.45, and sales of $95.613M, below the expected $99.817M. This represents a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:31 pm

MBI

MBIA Inc. (MBI) reported Q1 2024 adjusted EPS of $(0.52), missing the $(0.15) estimate significantly, representing a 246.67% miss and a 1633.33% decrease from the previous year. However, their sales of $9M exceeded the $7M estimate by 28.57%, despite being a 10% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:29 pm

BRLT

Brilliant Earth Group (BRLT) reported Q1 2024 earnings of $0.03 per share, unchanged YoY, with sales of $97.337M missing the $97.557M estimate, a 0.37% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:29 pm

CLSD

Clearside Biomedical (NASDAQ:CLSD) reported Q1 2024 GAAP EPS of $(0.17), missing the $(0.14) estimate, and sales of $230K, missing the $585K estimate. This represents a 13.33% decrease in EPS and a 5.65K% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:28 pm

FNKO

Funko has reiterated its fiscal year 2024 net sales forecast, projecting sales to be between $1.047 billion and $1.103 billion, which aligns closely with the estimated $1.077 billion.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:27 pm

XNCR

Xencor (NASDAQ:XNCR) reported Q1 2024 GAAP EPS of $(1.11), missing the $(0.78) estimate, with sales of $12.805M also missing the $24.992M estimate, marking a 32.47% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:26 pm

HQI

HireQuest reported Q1 2024 earnings of $0.12 per share, doubling the analyst consensus estimate of $0.06, but saw a 29.41% decrease from last year's earnings. Sales were $8.419M, missing the $8.696M estimate and marking a 14.59% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:25 pm