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MRCY

Mercury Systems reported worse-than-expected Q1 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:19 pm

KIND

Nextdoor Holdings' stock has been downgraded to In-Line by Evercore ISI, causing the shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:18 pm

HCI

HCI Group's shares are trading higher after the company reported better-than-expected Q3 sales.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:17 pm

NRDY

Nerdy's shares are trading lower following the company's issuance of weak Q4 guidance.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:17 pm

GTN

Gray Television Inc (NYSE:GTN) reported a 12% Y/Y decrease in Q3 FY23 sales to $803 million, beating the analyst consensus. Core Advertising Revenue increased 1% Y/Y. Operating income decreased to $84 million from $245 million a year ago. The company declared a quarterly dividend per share of 8 cents. GTN sees Q4 revenue of $854 million - $864 million versus the consensus of $883.46 million. GTN shares are trading lower by 7.26% at $6.90 premarket.

Portfolio Pulse from Lekha Gupta

November 08, 2023 | 4:17 pm

NFE

New Fortress Energy reported better-than-expected Q3 revenue results and reaffirmed its FY23 and FY24 adjusted EBITDA guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:17 pm

AVDL

Avadel Pharmaceuticals reported its Q3 earnings, which led to an increase in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:17 pm

RILY

B. Riley Financial's shares are trading lower following the release of their Q3 results.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:16 pm

SHLS

Shoals Technologies Group reported lower than expected Q3 revenue results and issued FY23 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:15 pm

BAYRY

BAYZF

Bayer AG's CEO, Bill Anderson, announced plans to streamline operations by reducing management levels, leading to significant staff reductions. However, he dismissed the idea of splitting the conglomerate into three separate entities. Bayer's Q3 sales fell 8.3% to €10.34 billion, with a net loss of €4.57 billion compared to a profit of €546 million a year ago. The company expects a soft growth outlook and continued challenges to profitability for next year.

Portfolio Pulse from Vandana Singh

November 08, 2023 | 4:15 pm