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GROV

Grove Collaborative Holdings (NYSE:GROV) reported Q2 2024 GAAP EPS of $(0.28), missing the $(0.15) estimate by 86.67%. Sales were $52.099M, missing the $53.007M estimate by 1.71% and down 21.19% from last year's $66.106M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:29 pm

RCEL

AVITA Medical expects to achieve cashflow break-even and GAAP profitability by the end of Q3 2025. The company projects commercial revenue for Q3 2024 to be between $19.0 to $20.0 million, a 40% to 48% increase over Q3 2023. Full-year 2024 revenue is expected to be between $68.0 to $70.0 million, a 37% to 41% increase over 2023.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:29 pm

CPK

Chesapeake Utilities has provided its forecast for the fiscal year 2024, projecting adjusted earnings per share (EPS) in the range of $5.33 to $5.45, compared to the analyst estimate of $5.39.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:28 pm

ACHR

Archer Aviation shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:28 pm

ARRY

Array Technologies Inc (NASDAQ:ARRY) shares dropped after the company reported better-than-expected Q2 earnings and sales but lowered its fiscal year guidance. The company posted earnings of 20 cents per share, beating the estimate of 11 cents, and sales of $255.766 million, surpassing the $231.615 million estimate. However, the company reduced its FY outlook to earnings between 64-74 cents and sales between $900 million to $1 billion, below the previous estimates.

Portfolio Pulse from Erica Kollmann

August 08, 2024 | 9:28 pm

QTRX

Quanterix has reduced its 2024 revenue guidance range from $139M-$144M to $134M-$138M, citing a constrained capital funding environment. The new estimate is below the consensus estimate of $141.769M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:28 pm

SOUN

SoundHound AI shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:27 pm

HHS

Harte-Hanks (NASDAQ:HHS) reported Q2 2024 earnings per share of $0.04, missing the analyst estimate of $0.05 by 20%. The company also reported sales of $45.035 million, which missed the estimate of $47.500 million by 5.19% and represents a 5.71% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:27 pm

BW

Babcock & Wilcox (NYSE:BW) reported Q2 earnings per share (EPS) of $(0.20), significantly missing the analyst consensus estimate of $(0.01). The company also reported quarterly sales of $233.60 million, which fell short of the $238.32 million estimate. Both EPS and sales figures represent declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:26 pm

MKFG

Markforged has lowered its FY24 revenue guidance from $95M-$105M to $90M-$95M, which is below the estimated $98.65M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:25 pm