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KPLT

Katapult (KPLT) expects its Q3 gross originations to grow by 14-16%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:04 am

KRNT

Kornit Digital has provided its Q3 2023 guidance, expecting revenues to be between $58 million and $62 million, lower than the estimated $65.16 million. The company also anticipates an adjusted EBITDA margin of -6% to -13% of revenue, including the impact of the non-cash expense associated with the fair value of the company's warrants.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:02 am

BERY

Berry Global Gr (NYSE:BERY) reported Q3 adjusted earnings of $1.90 per share, missing the analyst consensus estimate of $1.98 by 4.04%. This is a 6.4% decrease from the same period last year. The company also reported quarterly sales of $3.23 billion, missing the analyst consensus estimate of $3.42 billion by 5.56%, a 13.31% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:01 am

ANIP

ANI Pharmaceuticals, Inc. (NASDAQ:ANIP) has raised its FY23 adjusted non-GAAP EPS guidance to $3.62-$4.11 from $2.99-$3.45, beating the consensus of $3.31. The revised guidance represents YoY growth in net revenues of 37%, adjusted non-GAAP EBITDA of 115%, and adjusted non-GAAP earnings per diluted share of 184%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:58 am

ANIP

ANI Pharmaceuticals has increased its FY23 net revenue guidance to $425M-$445M, up from the previous $385M-$410M, surpassing the consensus of $406.41M. The company also raised its FY23 adjusted non-GAAP EBITDA guidance to $115M-$125M from the earlier $97M-$107M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:55 am

ODP

ODP Corporation has increased its FY23 adjusted EPS outlook from $4.50 - $5.10 to $5.00 - $5.30, which is higher than the estimated $4.96.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:55 am

ODP

ODP Corporation has reduced its revenue forecast for FY23 from a range of $8B - $8.4B to a flat $8B, which is below the estimated $8.2B.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:53 am

ASLE

DKNG

DOCS

EXFY

LYFT

MVIS

PUBM

SMCI

TLRY

TWOU

UPST

ZIP

Several US stocks recorded losses in Wednesday's pre-market trading session. Doximity, PubMatic, AerSale, Upstart Holdings, 2U, WeWork, ZipRecruiter, Expensify, Super Micro Computer, Lyft, DraftKings, MicroVision, and Tilray Brands all saw their shares dip due to various reasons such as weak sales forecasts, downbeat quarterly results, and weak revenue guidance.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 10:47 am

WRBY

Warby Parker (NYSE:WRBY) reported Q2 adjusted earnings of $0.04 per share, beating the analyst consensus estimate of $0.02 by 100%. This is a 500% increase over losses from the same period last year. The company also reported quarterly sales of $166.09 million, beating the analyst consensus estimate of $162.49 million by 2.22%, a 11.01% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:47 am

MCO

SPY

US markets closed in the red on Tuesday after Moody's downgraded several banks, causing concerns about the soundness of US banks and the economy. The Dow Jones, S&P 500, and Nasdaq all closed lower. Asian markets showed mixed results, with Japan's Nikkei and China's Shanghai Composite and Shenzhen CSI 300 closing lower, while Australia's S&P/ASX 200 and Hong Kong's Hang Seng index closed higher. European markets and US futures were trading higher early Wednesday.

Portfolio Pulse from Akanksha Bakshi

August 09, 2023 | 10:39 am