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BWMX

Betterware de Mexico SAPI (NASDAQ:BWMX) reported Q4 earnings of $0.62 per share, surpassing the $0.28 estimate, marking a 121.43% beat and a 113.79% increase from last year. Q4 sales reached $193.94M, exceeding the $179.65M estimate by 7.95% and showing a 17.96% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:08 pm

FLNC

Fluence Energy, Inc. (FLNC) has responded to a short seller report by Blue Orca Capital, stating that the report contains numerous inaccuracies and distortions. Blue Orca Capital had previously issued a report indicating they are short on FLNC stock.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:39 pm

DLR

HPP

HR

WPC

Four REITs, Hudson Pacific Properties Inc. (HPP), Healthcare Realty Trust Inc. (HR), Digital Realty Trust Inc. (DLR), and WP Carey Inc. (WPC), have been downgraded by analysts following disappointing fourth-quarter operating results and/or 2024 forward guidance. These downgrades have led to significant share price losses for each REIT. The article also highlights opportunities in private market real estate investments as an alternative to publicly traded REITs.

Portfolio Pulse from Ethan Roberts

February 22, 2024 | 10:30 pm

SEM

Select Medical announced that its board has authorized a common stock repurchase program allowing for the repurchase of up to $1.0 billion of its shares. This program is set to remain in effect until December 31, 2025.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:29 pm

TCX

Tucows Inc. (NASDAQ:TCX) announced a new $40 million stock buyback program, set to run from February 23, 2024, to February 22, 2025. This program, which will operate through the Nasdaq Capital Market, aims to repurchase and retire Tucows' common stock, with the exact number of shares and timing dependent on market conditions and available cash. The initiative is funded through working capital and existing credit facilities, with Tucows having 10,936,673 common shares outstanding as of February 21, 2024.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:24 pm

DOGE

NVDA

SOL

An anonymous trader achieved a 210x return, turning $51 into $10,800 by investing in a memecoin named NVDA AI on the Solana blockchain, shortly after Nvidia reported higher-than-expected earnings. The rapid gain occurred within two hours, amidst speculation that the trader could be the developer. This event highlights the growing trend of AI-related and hype-driven memecoins in the cryptocurrency market.

Portfolio Pulse from Khyathi Dalal

February 22, 2024 | 10:21 pm

CGAU

Centerra Gold (NYSE:CGAU) reported Q4 2023 adjusted EPS of $0.28, surpassing the $0.27 estimate, but its sales of $340.00M fell short of the $354.79M estimate. This represents a 63.22% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:20 pm

MELI

MercadoLibre, Inc. (NASDAQ:MELI) reported mixed Q4 results with earnings per share of $3.25, unchanged from last year, and quarterly sales of $4.26 billion, surpassing analyst expectations. The company highlighted significant growth in its Ads platform and fulfillment network, emphasizing its strategic investments in technology and market positioning in Latin America. Despite these positive developments, MELI shares dropped 8.69% in after-hours trading.

Portfolio Pulse from Erica Kollmann

February 22, 2024 | 10:18 pm

OII

Oceaneering International (OII) reported Q4 2023 earnings of $0.19 per share, missing the $0.25 estimate, but sales of $654.63M exceeded the $627.44M estimate. Earnings per share increased by 216.67% and sales by 22.08% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:18 pm

AAOI

Applied Optoelectronics anticipates a significant decrease in its Q1 2024 adjusted EPS, forecasting a range of $(0.33)-$(0.28) compared to the $(0.01) estimate. Additionally, the company expects its revenue to be between $41M-$46M, which is substantially lower than the estimated $66.180M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:16 pm