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GPRO

GoPro has projected its FY23 revenue to be between $1B and $1.06B, which is lower than the estimated $1.1B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:46 pm

APPN

Appian Corporation (APPN) has projected its Q3 total revenue to be between $134M and $136M, which is in line with the consensus estimate of $134.25M. The company also expects its adjusted EPS to be between $(0.28) and $(0.23), compared to the consensus estimate of $(0.25).

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:46 pm

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a decline on Thursday, seemingly unaffected by recent macroeconomic developments. The global crypto market capitalization stands at $1.17 trillion, a 0.81% decrease in the last day. The US stock market also continued its downward trend for a third consecutive day. Analysts suggest that if global bond yields continue to surge, this could spell trouble for large parts of the cryptoverse, which might see altcoins get sold and those funds might flow back into Bitcoin.

Portfolio Pulse from Mehab Qureshi

August 04, 2023 | 2:46 pm

QS

QuantumScape has announced the pricing of its $300 million public offering of 37.5 million Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:46 pm

GH

Guardant Health has increased its FY23 revenue forecast from $535M-$545M to $545M-$550M, compared to the estimated $541.39M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:46 pm

REI

Ring Energy (AMEX:REI) reported Q2 earnings of $0.14 per share, beating the analyst consensus estimate of $0.10 by 40%. However, this is a 51.72% decrease from the same period last year. The company's quarterly sales of $79.35 million missed the analyst consensus estimate of $85.00 million by 6.65%, marking a 6.61% decrease from last year.

Portfolio Pulse from sunil@benzinga.com

August 04, 2023 | 2:46 pm

NET

Cloudflare has reported strong Q3 results and issued guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:46 pm

PANW

Shares of Palo Alto Networks (PANW) are trading lower, following a similar trend with Fortinet due to its weak guidance.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:46 pm

REZI

Resideo has provided its FY23 adjusted EPS guidance in the range of $1.29-$1.49, which is lower than the estimated $1.90. The company also expects its net revenue to be between $6.19B-$6.29B, falling short of the estimated $6.38B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:45 pm

LASR

nLIGHT has projected its Q3 2023 revenues to be between $47 million and $51 million, lower than the estimated $57.15 million. The company expects its overall gross margin to be between 22% and 25%. The forecast for Adjusted EBITDA is between $(3) million to break-even.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:45 pm