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CCSI

Consensus Cloud Solutions (CCSI) reported Q1 2024 earnings of $1.55 per share, surpassing the $1.27 estimate, with sales of $88.146M also beating the $86.727M estimate. However, this represents a 3.62% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:08 pm

EMKR

EMCORE Corporation projects its Q3 revenues to be between $19M and $21M, which is below the estimated $26.21M by analysts.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:08 pm

MODG

Topgolf Callaway Brands (MODG) reported Q1 2024 adjusted EPS of $0.09, surpassing the $0.01 estimate, but its sales of $1.144B fell short of the $1.157B forecast. This represents a 47.06% decrease in earnings and a 1.97% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:08 pm

ORA

Ormat Technologies (NYSE:ORA) reported Q1 2024 earnings of $0.65 per share, surpassing the $0.63 estimate, marking a 27.45% increase from last year. Sales reached $224.166M, exceeding the $218.775M forecast and showing a 21.02% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:07 pm

BGS

B&G Foods shares dropped following the announcement of disappointing Q1 financial results, falling short of market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:05 pm

APP

AppLovin Corp (NASDAQ:APP) reported Q1 earnings surpassing expectations with revenue of $1.058 billion against estimates of $974.361 million and EPS of 67 cents versus 55 cents estimated. Revenue increased by 48% year-over-year, with the Apps segment up 5% due to AXON's performance. Adjusted EBITDA rose 101% to $549 million. The company generated $388 million in free cash flow and ended the quarter with $436 million in cash. AppLovin forecasts 2024 revenue between $1.06 billion and $1.08 billion, with adjusted EBITDA of $550 million to $570 million.

Portfolio Pulse from Adam Eckert

May 08, 2024 | 9:04 pm

RDNT

RadNet (NASDAQ:RDNT) reported Q1 2024 adjusted EPS of $0.07, surpassing the $0.01 estimate, and sales of $431.707M, exceeding the $421.719M estimate. This represents a significant improvement over the previous year, with a 131.82% increase in EPS from a loss of $(0.22) and a 10.53% increase in sales from $390.564M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:04 pm

BLZE

Backblaze (NASDAQ:BLZE) reported Q1 2024 adjusted EPS of $(0.14), surpassing the $(0.29) estimate, and sales of $29.968M, exceeding the $29.741M estimate. This represents a significant improvement over the previous year, with a 46.15% decrease in losses per share and a 28.10% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:04 pm

STN

Stantec (NYSE:STN) reported Q1 2024 adjusted EPS of $0.90, surpassing the $0.86 estimate, but its sales of $1.40 missed the $1.36B estimate, marking a significant decrease from $908.74M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:02 pm

DVAX

Dynavax shares are trading lower following the announcement of their Q1 financial results, which did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:01 pm