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RBLX

Roblox Corporation's shares are trading lower following the release of its Q2 financial results, which were below market expectations.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:21 pm

TOST

Toast Inc. reported mixed Q2 financial results but issued Q3 and FY23 revenue guidance above estimates. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:21 pm

AXON

Axon Enterprise reported better-than-expected Q2 financial results and raised its FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:20 pm

GRWG

GrowGeneration Corp. (NASDAQ:GRWG) reported Q2 2023 revenues of $63.9 million, down from $71.1 million in the same quarter of 2022. The company also reported a net loss of $5.7 million, gross profit of $17.14 million, and adjusted EBITDA of $856,000. The company lowered its full-year 2023 guidance for revenue to be between $220 million and $225 million and adjusted EBITDA to be a loss between $4 million and $6 million. GrowGen shares were trading 6.11% lower at $3.408 per share during Wednesday’s pre-market session.

Portfolio Pulse from Nina Zdinjak

August 09, 2023 | 12:19 pm

SMCI

Super Micro Computer reported its Q2 financial results and issued guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:19 pm

CELH

Celsius Holdings, Inc. (CELH) reported better-than-expected Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:18 pm

CTG

Computer Task Gr (NASDAQ:CTG) reported Q2 earnings of $0.13 per share, missing the analyst consensus estimate of $0.14 by 7.14%. This is a 13.33% decrease from the same period last year. The company also reported quarterly sales of $74.59 million, missing the analyst consensus estimate of $78.70 million by 5.22%, a 9.87% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:17 pm

EQNR

Equinor's stock has been upgraded from Sector Perform to Outperform by RBC Capital, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:17 pm

HOTH

Hoth Therapeutics, Inc. (NASDAQ:HOTH) announced positive preclinical end points for HT-ALZ, a therapeutic in development for Alzheimer's Disease. The treatment showed improvements in several cognitive function tests and reduced anxiety-like behavior in mice. The company is now moving forward with formulation development.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:16 pm

TWLO

Twilio Inc (NYSE:TWLO) reported better-than-expected Q2 financial results, with revenue increasing 10% YoY to $1.04 billion, beating the consensus estimate of $984.52 million. The company also reported quarterly earnings of 54 cents per share, surpassing analyst estimates of 29 cents per share. Following the results, Needham analyst Ryan Koontz maintained a Buy rating for Twilio and raised the price target from $65 to $75.

Portfolio Pulse from Adam Eckert

August 09, 2023 | 12:16 pm