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FRSH

Freshworks shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates. Additionally, the company raised its FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:57 pm

VOYA

Voya Financial shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:57 pm

BGFV

Big 5 Sporting Goods has announced its Q3 EPS guidance, expecting a loss between $(0.35) and $(0.15).

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:57 pm

CCCS

CCC Intelligent Solutions shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:56 pm

WU

Western Union shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:56 pm

DM

Desktop Metal (NYSE:DM) reported Q2 EPS of $(3.13), significantly missing the analyst estimate of $(0.43). Sales were $38.93M, also missing the $45.90M estimate. Both EPS and sales showed substantial declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:56 pm

SWKS

Skyworks Solutions Inc (NASDAQ:SWKS) reported mixed Q3 results with earnings per share missing estimates but sales beating expectations. The company also increased its quarterly dividend by 3%. Despite a decrease in both earnings and sales compared to last year, the company remains optimistic about future growth driven by generative AI applications. Skyworks expects Q4 revenue to be between $1 billion to $1.04 billion and non-GAAP EPS of $1.52 at the mid-point.

Portfolio Pulse from Erica Kollmann

July 30, 2024 | 8:55 pm

NARI

Inari Medical shares are trading lower after the company reported Q2 financial results and issued FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:54 pm

PEN

Penumbra shares are trading lower after the company reported Q2 financial results and cut its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:53 pm

MTCH

Match Group has announced a global workforce reduction of approximately 6%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:52 pm