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AKA

A.K.A. Brands reported worse-than-expected Q2 financial results and issued Q3 and FY23 net sales guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:27 pm

PRPL

Purple Innovation's shares are trading lower following the company's Q2 financial results, which were worse than expected.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:27 pm

CERT

Certara reported worse-than-expected Q2 financial results and issued weak guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:26 pm

SUNL

TD Cowen analyst Jeffrey Osborne has downgraded Sunlight Financial Holdings (NYSE:SUNL) from Outperform to Market Perform.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 12:26 pm

CEVA

Roth MKM analyst Suji Desilva has downgraded CEVA (NASDAQ:CEVA) from Buy to Neutral and lowered the price target from $30 to $20.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 12:24 pm

CEVA

CEVA, Inc. reported a 21% YoY decline in Q2 FY23 revenue to $26.17 million, missing the consensus of $30.62 million. The company's shares fell 12.2% following the announcement. Barclays and Rosenblatt have lowered their price targets on CEVA.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 12:23 pm

TASK

JP Morgan analyst Puneet Jain has downgraded TaskUs (NASDAQ:TASK) from Overweight to Neutral and lowered the price target from $16 to $12.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 12:23 pm

WWW

Wolverine World Wide, Inc. (NYSE:WWW) reported Q2 revenues of $589.10 million, beating the analyst consensus but declining 17.4% YoY. The company's international business and lower margins impacted revenue growth. The company also appointed a new CEO, Christopher E. Hufnagel, and slashed its FY23 revenue and EPS outlook. WWW shares are trading lower by 20.68% premarket.

Portfolio Pulse from Nabaparna Bhattacharya

August 10, 2023 | 12:19 pm

PLUG

Plug Power reported mixed Q2 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:18 pm

MGNI

Magnite, Inc. (MGNI) shares are trading lower following the release of the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:18 pm