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NXPI

NXP Semiconductors N.V. (NASDAQ:NXPI) reported Q3 earnings of $3.70 per share, beating the analyst consensus estimate of $3.59. The company also reported quarterly sales of $3.43 billion, surpassing the analyst consensus estimate of $3.40 billion. However, both figures represent a decrease from the same period last year. The company issued Q4 earnings guidance of between $3.44 and $3.86 per share, with total revenue anticipated to be between $3.3 billion and $3.5 billion.

Portfolio Pulse from Ryan Gustafson

November 06, 2023 | 10:02 pm

AJG

AON

BRKA

CB

MMC

PGR

Berkshire Hathaway (BRKA) posted a record $157 billion in cash holdings and a 41% YoY rise in operating profit. A large part of Berkshire's portfolio consists of insurance companies, with its insurance float growing 8,000-fold since the purchase of National Indemnity 55 years ago. The company's insurance arm contributed $2.4 billion to its recent quarterly operating profit, largely due to profits from car insurer Geico. Unlike Berkshire, some insurance companies pay dividends, including Marsh & McLennan (MMC), Progressive Corp (PGR), Chubb Ltd (CB), Aon Plc (AON), and Arthur J. Gallagher & Co. (AJG).

Portfolio Pulse from Natan Ponieman

November 06, 2023 | 10:02 pm

WALD

Waldencast plc has received a Nasdaq listing notice, indicating that the company's shares will be listed on the Nasdaq stock exchange.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:01 pm

CHRS

Coherus BioSciences reported mixed Q3 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:00 pm

MTTR

Matterport has raised its full year guidance for revenue and Non-GAAP loss per share for 2023, driven by strong demand for digital twins, robust gross margins, and continued operating discipline. The company expects Q4 EPS to be between $(0.05) and $(0.03), and revenue to be between $39M and $41M. For FY23, EPS is expected to be between $(0.23) and $(0.21), and revenue between $157M and $159M.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:00 pm

ALTO

Alto Ingredients reported mixed Q3 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 9:59 pm

TMDX

TransMedics reported better-than-expected Q3 sales results and issued FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 9:59 pm

SANM

Sanmina Corporation (SANM) has announced that its Q1 outlook is down sequentially due to some customers continuing to adjust inventory levels and ongoing macroeconomic uncertainty.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 9:59 pm

VTYX

Ventyx Biosciences announced that the Phase 2 trial of VTX958 in plaque psoriasis did not meet the internal target, which does not support further development of VTX958 in psoriasis. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 9:58 pm

CRGY

Crescent Energy (NYSE:CRGY) reported Q3 2023 earnings of $0.75 per share, beating the analyst consensus estimate of $0.23 by 226.09%. However, this is a 81.88% decrease from the same period last year. The company also reported quarterly sales of $642.40 million, beating the estimate of $592.26 million by 8.47%, but this is a 25.73% decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

November 06, 2023 | 9:55 pm