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COIN

Coinbase Global has projected its Q4 2023 subscription and services revenue to be approximately flat on a quarter-over-quarter basis.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:13 pm

DOCN

DigitalOcean reported better-than-expected Q3 financial results and issued Q4 and FY23 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:12 pm

LYV

Live Nation Entertainment (NYSE:LYV) reported Q3 revenue of $8.2 billion, up 32% YoY, beating the Street estimate of $6.99 billion. Earnings per share were $1.78, surpassing the estimate of $1.27. The company reported a record concert revenue of $7 billion, up 32% YoY, with record attendance from all markets. Live Nation CEO Michael Rapino said the company is on pace for a record 2023, driven by the growth in the live entertainment industry. The company's shares are up 3% to $84.70 in after-hours trading.

Portfolio Pulse from Chris Katje

November 02, 2023 | 9:09 pm

AGL

Agilon Health has revised its FY23 revenue forecast downwards from $4.525B-$4.540B to $4.31B-$4.32B, which is below the estimated $4.54B.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:08 pm

PODD

Insulet Corporation reported better-than-expected Q3 financial results and issued Q4 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:06 pm

KTOS

Kratos Defense & Security has projected its Q4 revenue to be between $237M and $257M, which is lower than the estimated $260.91M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:05 pm

ZEUS

Olympic Steel (NASDAQ:ZEUS) reported Q3 2023 earnings of $0.68 per share, missing the analyst consensus estimate of $0.85 by 20%. This is a 40.35% decrease from the same period last year. The company also reported quarterly sales of $526.41 million, missing the analyst consensus estimate of $555.73 million by 5.28%. This is a 17.03% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

November 02, 2023 | 9:04 pm

NET

Cloudflare Inc (NYSE:NET) reported Q3 earnings with revenue of $335.6 million, beating the analyst consensus estimate of $330.53 million by 1.53 percent and up 32% YoY. Adjusted earnings were 16 cents per share, up from 6 cents YoY. The company ended the quarter with $1.574 billion in cash, equivalents and available-for-sale securities. Cloudflare expects Q4 revenue to be in the range of $352 million to $353 million and full-year 2023 revenue to be between $1.286 billion and $1.287 billion. Despite the positive earnings, Cloudflare shares were down 6.97% after hours.

Portfolio Pulse from Adam Eckert

November 02, 2023 | 9:03 pm

UEIC

Universal Electronics (NASDAQ:UEIC) reported Q3 2023 earnings of $0.08 per share, beating the analyst consensus estimate of $0.06 by 33.33%. However, the company's quarterly sales of $107.09 million missed the analyst consensus estimate of $111.70 million by 4.12%. This represents a 92% decrease in earnings and a 27.87% decrease in sales compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

November 02, 2023 | 9:03 pm

BLMN

Bloomin Brands (NASDAQ:BLMN) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $0.42. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. The stock is currently trading at $23.44 and has seen a 1.03% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 9:00 pm