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TDUP

ThredUp reported better-than-expected Q2 financial results and issued revenue guidance for Q3 and Q4, leading to a rise in its share price. Goldman Sachs also raised its price target on the stock from $3 to $4.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 5:00 pm

BROS

Dutch Bros reported better-than-expected Q2 EPS results and issued FY23 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 4:58 pm

OFIX

Orthofix Medical reported better-than-expected Q2 financial results and raised its FY23 net sales guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 4:57 pm

JACK

Jack In The Box Inc (NASDAQ:JACK) reported Q2 2023 sales of $396.9 million, beating the analyst consensus estimate of $393.89 million. The company's same-store sales increased 7.9% in the quarter. Del Taco Systemwide sales increased 1.6%. The company declared a cash dividend of $0.44 per share. It plans to refranchise 90-120 Del Taco restaurants in FY 2023, up from previous guidance of 65-85 restaurants. The company also plans to execute at least $80 million in share repurchases in FY23. JACK shares are trading lower by 3.90% at $90.05.

Portfolio Pulse from Shivani Kumaresan

August 09, 2023 | 4:57 pm

AVD

American Vanguard Corporation reported disappointing Q2 financial results and reduced its FY23 net sales guidance, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 4:52 pm

AAPL

AMZN

BTCUSD

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SPY

TSLA

USO

The Consumer Price Index (CPI) and Producer Price Index (PPI) data are due to be released, with both expected to show a 0.2% increase. Household debt has hit $17T, with credit card debt reaching a record $1.03T. China has entered deflation, but the situation is not as bad as it seems. Positive money flows are seen in Amazon, NVIDIA, Microsoft, Alphabet, Meta Platforms, Tesla, and Apple, while negative flows are seen in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. Bitcoin has moved above $30,000.

Portfolio Pulse from The Arora Report

August 09, 2023 | 4:52 pm

TLS

Telos Corp (NASDAQ:TLS) reported a Q2 FY23 revenue decline of 41% YoY to $32.91 million, beating the consensus of $29.97 million. Services revenue decreased 42.4% YoY, and Products was down 28.2% YoY. Adjusted EPS loss was $(0.03), down from EPS of $0.04 in 2Q22, beating the consensus loss of $(0.13). Telos revised its FY23 outlook for revenue to $122 million - $137 Million from $115 million - $140 million. TLS shares traded higher by 9.17% at $2.51 on the last check Wednesday.

Portfolio Pulse from Akanksha Bakshi

August 09, 2023 | 4:50 pm

NHI

National Health Investors (NHI) reported a year-over-year decrease in Q2 FFO and worse-than-expected Q2 sales results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 4:48 pm

PMVP

PMV Pharmaceuticals reported better-than-expected Q2 EPS results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 4:48 pm

IPAR

Inter Parfums has reported its Q2 financial results, which has led to a decrease in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 4:48 pm