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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

MITK

Mitek Systems Inc. (MITK) has revised its FY24 revenue guidance to $169M-$173M, which is below the previous estimate of $182M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:25 pm

EB

Eventbrite shares are trading lower after the company reported worse-than-expected Q2 revenue results and issued Q3 and FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:25 pm

FNKO

Funko, Inc. (NASDAQ:FNKO) shares dipped after the company reported better-than-expected Q2 earnings and sales but provided Q3 guidance below analyst estimates. The company reported Q2 earnings of 10 cents per share, beating the expected loss of 14 cents, and sales of $247.7 million, a 3.2% increase from last year. However, Q3 sales and earnings guidance fell short of expectations, leading to a 1.62% drop in share price after-hours.

Portfolio Pulse from Erica Kollmann

August 08, 2024 | 9:25 pm

RGTI

Rigetti Computing (NASDAQ:RGTI) reported Q2 2024 GAAP EPS of $(0.07), beating the estimate of $(0.10). However, sales of $3.086M missed the $3.532M estimate, marking a 7.24% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:24 pm

SANA

Sana Biotechnology (NASDAQ:SANA) reported Q2 losses of $(0.32) per share, missing the analyst consensus estimate of $(0.28) by 14.29%. This represents a 28.89% improvement over the $(0.45) per share loss from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:23 pm

OCX

OncoCyte (NASDAQ:OCX) reported Q2 2024 GAAP EPS of $(0.36), beating the $(0.56) estimate, but sales of $104.000K missed the $318.500K estimate. EPS improved by 38.98% YoY, while sales decreased by 77.54% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:23 pm

MLNK

MeridianLink (NYSE:MLNK) projects Q3 sales between $78 million and $81 million, slightly below the $80.05 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:23 pm

SG

Sweetgreen shares are trading higher after the company reported better-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:23 pm

DEI

Douglas Emmett has revised its FY24 EPS guidance to be between $0.05 and $0.09, with FFO per share expected to be between $1.65 and $1.69. Key assumptions such as average office occupancy and residential leased rate remain unchanged.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:22 pm