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INN

Summit Hotel Properties has projected its FY23 adjusted FFO to be between $0.86 and $0.94.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:28 pm

ARAV

In Wednesday's after-market session, several healthcare stocks saw significant movement. Equillium (EQ), T2 Biosystems (TTOO), Coherus BioSciences (CHRS), Cyclo Therapeutics (CYTH), Pulmonx (LUNG), and Community Health Sys (CYH) all saw gains, with Equillium leading the pack with a 33.3% increase. On the other hand, Aravive (ARAV), Vicarious Surgical (RBOT), Bio-Path Hldgs (BPTH), Schrodinger (SDGR), Cross Country Healthcare (CCRN), and Outset Medical (OM) all experienced losses, with Aravive suffering the most with a 74.1% decrease.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 12:28 pm

COOK

Traeger (NYSE:COOK) reported Q2 earnings of $0.04 per share, beating the analyst consensus estimate of $(0.02) by 300 percent. This is a 33.33 percent increase over earnings of $0.03 per share from the same period last year. The company also reported quarterly sales of $171.51 million, beating the analyst consensus estimate of $154.89 million by 10.73 percent. However, this is a 14.36 percent decrease over sales of $200.27 million the same period last year.

Portfolio Pulse from sunil@benzinga.com

August 04, 2023 | 12:28 pm

AUR

BCOV

CFLT

DMRC

DXC

HUBS

INSG

LIDR

QCOM

RBT

SLNH

ZETA

Several IT stocks experienced significant movement in Wednesday's after-market session. Confluent, Zeta Global Holdings, Aurora Innovation, Digimarc, Inseego, and AEye saw their stocks rise, with increases ranging from 6.96% to 11.5%. On the other hand, DXC Technology, Rubicon Technologies, Brightcove, Qualcomm, HubSpot, and Soluna Holdings saw their stocks fall, with decreases ranging from 6.02% to 15.0%. The Q2 earnings reports for most of these companies came out on the same day.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 12:27 pm

AAPL

AMD

AMZN

CVNA

HOOD

NVDA

PYPL

QQQ

TSLA

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:27 pm

UPWK

Upwork Inc. (NASDAQ:UPWK) reported Q2 earnings of 10 cents per share, beating the analyst consensus estimate of one cent, and sales of $168.60 million, beating the estimate of $162.71 million. The company also raised its full-year 2023 revenue guidance to between $665 million and $675 million. Upwork's shares rose 18.4% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

August 04, 2023 | 12:26 pm

DASH

DoorDash has projected its Q3 adjusted EBITDA to be between $220M and $270M, with a marketplace Gross Order Value (GOV) of $15.8B to $16.2B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:26 pm

QuantumScape Corporation (NYSE:QS) has announced a proposed underwritten public offering of its Class A common stock, intending to offer $300 million of shares for working capital and general corporate purposes. The company also plans to grant underwriters a 30-day option to purchase up to an additional $45 million of shares. The offering is subject to market conditions and there is no assurance as to when it may be completed.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:25 pm

WTS

Watts Water Technologies has announced a $150 million share repurchase program. This move is expected to return value to shareholders and potentially boost the company's stock price.

Portfolio Pulse from Charles Gross

August 04, 2023 | 12:25 pm

APA

APA Corporation has announced that it is on track to deliver total adjusted oil production growth of more than 10% for the year, driven by strong performance in the US and Egypt.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:24 pm