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ESOA

Energy Services of America (ESOA) shares are trading higher after the company reported a year-over-year increase in Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:44 pm

WES

Western Midstream Partners shares are trading lower following the announcement of a secondary public offering of 19 million common units by affiliates of Occidental.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:44 pm

KULR

KULR Technology Group shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:43 pm

BIOR

Biora Therapeutics shares are trading higher after the company reported better-than-expected Q2 EPS results and a year-over-year increase in Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:42 pm

PACS

PACS Group shares are trading higher following a Q2 revenue beat.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:42 pm

BZFD

BuzzFeed, Inc. (NASDAQ:BZFD) shares surged nearly 30% after the company reported better-than-expected Q3 results. Despite a 24.51% decrease in sales year-over-year, the company showed a significant improvement in quarterly losses and highlighted growth in commerce and affiliate revenues. CEO Jonah Peretti emphasized the benefits of their investment in AI technology. BuzzFeed expects Q4 revenues between $58 million and $68 million and adjusted EBITDA between $6 million and $11 million.

Portfolio Pulse from Erica Kollmann

August 12, 2024 | 8:42 pm

OXY

WES

Western Midstream Partners (WES) announced the commencement of a secondary public offering of 19 million common units by affiliates of Occidental Petroleum (OXY). WES is not selling any units and will not receive any proceeds from the sale.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:42 pm

SYRS

Trading halt status for SYRS was updated at 4:40:00 PM ET. The article provides information on news and resumption times.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:40 pm

WULF

TeraWulf Inc (NASDAQ:WULF) reported Q2 earnings with revenue beating estimates but EPS missing expectations. The company saw a 21% decline in Bitcoin mining year-over-year and increased power costs per Bitcoin. Despite these challenges, TeraWulf's operational hash rate grew significantly, and the company repaid substantial debt. The stock was flat in after-hours trading.

Portfolio Pulse from Adam Eckert

August 12, 2024 | 8:38 pm

OBIO

Orchestra BioMed Holdings (NASDAQ:OBIO) reported Q2 EPS of $(0.45), missing the $(0.39) estimate, and sales of $778K, beating the $750K estimate. EPS decreased by 28.57% YoY, while sales decreased by 14.97% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:38 pm