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MELI

Mercado Libre (NASDAQ:MELI) reported strong Q2 earnings with revenue and EPS beating estimates. Revenue grew 42% YoY to $5.07 billion, and EPS was $10.48. Brazil and Mexico saw significant growth, with revenue up 51% and 66% respectively. The company also reported growth in commerce and fintech segments and highlighted future opportunities, including a potential banking license in Mexico.

Portfolio Pulse from Chris Katje

August 01, 2024 | 9:34 pm

CWST

Casella Waste Systems has raised its FY24 revenue guidance from $1.48B-$1.51B to $1.52B-$1.55B, surpassing the $1.496B estimate.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:34 pm

BBAI

BigBear.ai has revised its FY24 revenue guidance downwards from $195M-$215M to $165M-$180M, which is below the estimated $199.009M. The new projections include results from Pangiam after its acquisition on February 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:34 pm

OEC

Orion has revised its FY24 adjusted EPS forecast to $1.75-$1.95, which is below the previous estimate of $2.15.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:33 pm

AMH

American Homes 4 Rent has raised its FY24 Core FFO per share outlook from $1.70 - $1.76 to $1.74 - $1.78, surpassing the estimated $1.74.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:32 pm

AIP

Arteris has announced its Q3 revenue forecast to be between $14.2 million and $15.2 million, surpassing the estimated $13.69 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:32 pm

MARA

Marathon Digital Holdings Inc (NASDAQ:MARA) reported Q2 earnings with a revenue miss and an adjusted loss per share greater than expected. Despite a 78% increase in hash rate, Bitcoin production was down 30% year-over-year. The company holds over 20,000 Bitcoin and aims to increase its hash rate further by the end of 2024.

Portfolio Pulse from Adam Eckert

August 01, 2024 | 9:31 pm

ASUR

Asure Software (NASDAQ:ASUR) reported Q2 2024 earnings of $0.09 per share, missing the analyst estimate of $0.13 by 30.77%. Sales were $28.044M, also missing the estimate of $28.579M. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:31 pm

ZIMV

ZimVie has reiterated its financial guidance for FY24, projecting net sales between $450M and $460M, and adjusted EPS between $0.55 and $0.70. These estimates are in line with market expectations.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:29 pm

CNTG

Centogene shares are trading lower after the company announced data from its Rostock International Parkinson's Disease Study, revealing genetic factors and prevalence of Parkinson's disease.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:27 pm