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WIX

Wix.com reported strong earnings and raised its guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:21 pm

ATEC

Alphatec Holdings (NASDAQ:ATEC) reported Q2 losses of $(0.43) per share, missing the analyst consensus estimate of $(0.28) by 53.57%. This is a 19.44% decrease over losses from the same period last year. However, the company reported quarterly sales of $116.92 million, beating the analyst consensus estimate of $109.89 million by 6.40%. This is a 38.94% increase over sales from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 04, 2023 | 2:20 pm

CRUS

Cirrus Logic reported Q1 earnings of $0.67 per share, beating the analyst consensus estimate of $0.41 by 63.41%. However, this is a 40.18% decrease from the same period last year. The company also reported quarterly sales of $317.02 million, beating the estimate of $290.58 million by 9.10%, but this is a 19.47% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:20 pm

CRSR

Corsair Gaming (NASDAQ:CRSR) reported Q2 earnings of $0.09 per share, missing the analyst consensus estimate of $0.10 by 10 percent. However, the company's quarterly sales of $325.40 million beat the analyst consensus estimate of $317.39 million by 2.52 percent. This represents a 145 percent increase in earnings and a 14.61 percent increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:20 pm

CVS

CVS shares are trading lower after gaining on Wednesday.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:20 pm

BG

Bunge (NYSE:BG) has received a mix of bullish and indifferent analyst ratings in the last quarter. The average 12-month price target for Bunge has increased by 6.97% to $124.8, with a high of $140.00 and a low of $105.00.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:20 pm

TTE

TotalEnergies's (NYSE:TTE) short percent of float has risen 8.33% since its last report, with 3.08 million shares sold short, which is 0.13% of all regular shares available for trading. It would take traders 2.98 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, TotalEnergies's peer group average for short interest as a percentage of float is 1.74%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:19 pm

CYH

Community Health Systems Inc (NYSE:CYH) reported better-than-expected Q2 earnings, leading to an 18% increase in its stock price. The company reported an adjusted EPS loss of $(0.22), beating the consensus of $(0.27) and much lower than $(2.52) a year ago. Q2 sales were $3.12 billion, beating the consensus of $3.04 billion. Adjusted EBITDA was $373 million compared to $253 million a year ago.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 2:19 pm

ITCI

Over the past 3 months, 7 analysts have published their opinion on Intra-Cellular Therapies (NASDAQ:ITCI) stock, with an average price target of $75.71, an increase of 1.76% from the previous average price target of $74.40. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:19 pm

NYMT

New York Mortgage Trust's shares are trading lower following the company's worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:19 pm