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NVTS

Needham analyst Quinn Bolton maintains a Buy rating on Navitas Semiconductor (NASDAQ:NVTS) but lowers the price target from $9 to $7.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:33 am

SHCO

Soho House (NYSE:SHCO) reported Q1 EPS of $(0.24), meeting analyst estimates, with a 200% increase in losses from the previous year. Sales reached $263.15M, slightly above estimates and marking a 3.11% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:33 am

EVLV

Evolv Technologies (NASDAQ:EVLV) reported Q1 2024 earnings with an adjusted EPS of $(0.09), missing the $(0.07) estimate, and sales of $21.668M, missing the $22.999M estimate. Despite these misses, both losses and sales showed improvement over the previous year, with losses decreasing by 25% and sales increasing by 16.61%.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:31 am

INDI

Indi Semiconductor shares are trading lower following the announcement of worse-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:31 am

ARRY

Array Technologies' shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:29 am

NVAX

Novavax shares surged following the announcement of better-than-expected Q1 GAAP EPS results and an updated FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:27 am

BE

Bloom Energy's shares are trading higher following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:26 am

TSAT

Telesat (NASDAQ:TSAT) reported a significant miss in its Q1 2024 earnings with a GAAP EPS of $(0.80), missing the $0.04 estimate by 2102.5%, and a 282.05% decrease from the previous year. Sales also fell short at $112.9M, missing estimates by 0.83% and marking a 16.79% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:24 am

CERS

GWH

SABR

Insiders at ESS Tech, Cerus, and Sabre have recently made significant stock purchases, signaling potential confidence in their companies' futures. ESS Tech's director bought shares following a narrower quarterly loss, Cerus saw an increase in product revenue, and Sabre reported strong first-quarter results with an updated revenue outlook.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 11:21 am

GH

NEO

RCM

NeoGenomics (NASDAQ:NEO) reported Q1 earnings, beating estimates with an EPS of $-0.02 against an expected $-0.05 and a revenue increase of $19.02M YOY. The company provided FY 2024 guidance, expecting EPS between $0.0 and $0.04. Competitors BrightSpring Health, Guardant Health, and R1 RCM also reported their earnings, with BrightSpring and Guardant exceeding expectations, while R1 RCM fell short.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 11:21 am