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BKTI

BK Technologies reported a significant improvement in its Q1 adjusted earnings, posting $0.30 per share, up from a loss of $(0.29) per share year-over-year. However, sales slightly declined to $18.23M from $18.72M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:25 pm

RBLX

Roblox shares are trading lower following the company's announcement of weak guidance for the upcoming period.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:24 pm

RBLX

Roblox forecasts Q2 bookings to range between $870M-$900M, falling short of the estimated $934.09M. For FY24, the company projects bookings to be between $4B-$4.1B, also below the expected $4.19B.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:24 pm

NUTX

Nutex Health's stock is trading lower despite the company reporting a year-over-year increase in Q1 EPS results and better-than-expected sales results.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:21 pm

SHOP

Shopify Inc (NYSE:SHOP) reported Q1 2024 earnings with a 23% year-over-year revenue growth to $1.86 billion, surpassing estimates. Adjusted EPS was 20 cents, beating the 17 cents forecast. Gross merchandise and payments volumes also saw significant increases. Despite the positive results, Shopify shares fell 18.6% to close at $62.73. Analysts from Mizuho, Baird, and Piper Sandler revised their price targets and ratings post-earnings, with adjustments reflecting a mix of lowered targets and an upgrade in rating.

Portfolio Pulse from Avi Kapoor

May 09, 2024 | 12:19 pm

NOTE

FiscalNote Holdings shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:17 pm

PIRS

Pieris Pharmaceuticals has received a notice from Nasdaq indicating that for the last 10 consecutive business days, its closing bid price was at $1 or greater. This suggests that the company is currently in compliance with Nasdaq's minimum bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:15 pm

EMKR

EMCORE shares are trading lower following the announcement of mixed Q2 financial results and Q3 revenue guidance that fell below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:14 pm

SEZL

Sezzle shares are trading higher following the announcement of improved Q1 financial results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:13 pm

APP

CPOP

TIVC

AppLovin Corporation shares surged 15% in pre-market trading after reporting Q1 financial results that exceeded expectations, with revenue of $1.058 billion and earnings of 67 cents per share. Other stocks also showed significant movement in pre-market trading, with notable gainers including Pop Culture Group, Sezzle Inc., and Compass, Inc., among others. On the losing end, Tivic Health Systems, CytomX Therapeutics, and Cardlytics, Inc. saw substantial declines after their respective announcements.

Portfolio Pulse from Avi Kapoor

May 09, 2024 | 12:13 pm