Streetbeat News

Stock Prices

ILMN

Illumina has issued its FY23 EPS guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:15 pm

TASK

TaskUs (NASDAQ:TASK) reported Q2 earnings of $0.32 per share, beating the analyst consensus estimate of $0.30 by 6.67%. However, this is a 15.79% decrease from the same period last year. The company also reported quarterly sales of $229.17 million, beating the estimate of $226.69 million by 1.09%, but this is a 7.02% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:13 pm

WE

WeWork Inc (NYSE:WE), once valued at $40 billion, is now in trouble and warned investors that it could be going out of business soon, according to a recent SEC financial filing. The company, which rents office space, has struggled since the COVID-19 pandemic pushed workers to work remotely, crushing the demand for in-person office spaces. After Tuesday’s filing showed the company’s growing concern, the stock dropped more than 30% in Wednesday’s session, with WeWork’s market cap falling to less than $300 million.

Portfolio Pulse from Aaron Bry

August 09, 2023 | 8:12 pm

BRLT

Brilliant Earth Group (NASDAQ:BRLT) reported Q2 earnings of $0.04 per share, beating the analyst consensus estimate of $0.03 by 33.33%. However, this is a 33.33% decrease from the same period last year. The company's quarterly sales were $110.18 million, missing the analyst consensus estimate of $111.33 million by 1.03%, but showing a 1.26% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:12 pm

APP

Applovin reported better-than-expected Q2 earnings per share (EPS) and sales results, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:11 pm

CENX

Century Aluminum (NASDAQ:CENX) reported Q2 earnings of $0.16 per share, beating the analyst consensus estimate of $(0.04) by 500 percent. However, this is a 46.67 percent decrease from the same period last year. The company also reported quarterly sales of $575.50 million, beating the analyst consensus estimate of $514.00 million by 11.96 percent, but this is a 32.82 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:11 pm

DIS

Disney CEO Bob Iger expressed his confidence in the company's long-term trajectory, attributing it to the work done, the team in place, and Disney's core foundation of creative excellence and popular brands and franchises.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:10 pm

DIS

Disney+ reported a 1% quarter-over-quarter increase in its core subscribers, reaching 105.7 million in Q3.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:09 pm

DIS

Disney+ reported a 1% quarter-over-quarter decrease in paid subscribers for Q3, with the count standing at 46 million. ESPN+ subscriber count remained flat for the same period.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:08 pm

MGNI

Magnite (NASDAQ:MGNI) reported Q2 adjusted earnings of $0.09 per share, beating the analyst consensus estimate of $0.03 by 200%. However, this is a 35.71% decrease from the same period last year. The company also reported quarterly sales of $152.50 million, beating the analyst consensus estimate of $134.28 million by 13.57%, and marking a 10.68% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:06 pm