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OCGN

Ocugen shares are trading lower after the company priced a 30,434,783 share offering at $1.15 per share.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:28 am

TMDX

TransMedics Group shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:27 am

MPLN

Multiplan has lowered its 2024 sales guidance to $935M-$955M from the prior guidance of $1B-$1.03B, which is below the consensus of $1.009B. The company also updated its guidance for adjusted EBITDA, cash flow from operations, and other financial metrics.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:26 am

SAVE

Spirit Airlines expects Q3 total revenue to be between $1.155B and $1.175B, below the estimated $1.331B. The company faces challenges from increased industry capacity and changes in ancillary pricing. Additionally, the elimination of change and cancellation fees is expected to impact revenue per passenger segment negatively through 2024. A recent operational disruption due to a CrowdStrike IT outage resulted in the cancellation of 470 flights, with an estimated $7.2 million negative impact on Q3 operating income.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:23 am

UDMY

Udemy shares are trading lower after the company issued weak Q3 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:22 am

TDOC

Teladoc shares are trading lower after the company reported a Q2 revenue miss and withdrew its full year financial outlook for its consolidated operations and its BetterHealth segment.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:21 am

ECVT

Ecovyst (NYSE: ECVT) reported Q2 2024 earnings per share of $0.12, missing the analyst estimate of $0.13. This represents a 58.62% decrease from the same period last year. Quarterly sales were $182.8 million, also missing the estimate of $189.788 million and showing a slight decrease from last year's $184.1 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:21 am

RSI

Rush Street Interactive shares are trading higher after the company reported better-than-expected Q2 earnings and raised its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:20 am

CAMT

Camtek expects Q3 2024 revenue between $107M-$110M, surpassing estimates of $104.014M. This represents a 35% mid-point increase over Q3 2023. Management anticipates continued sequential growth into Q4 due to strong order flow.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:18 am

CAMT

Camtek (NASDAQ:CAMT) reported Q2 2024 adjusted EPS of $0.66, beating the $0.64 estimate, and sales of $102.591M, surpassing the $101.274M estimate. This represents a significant year-over-year increase in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:16 am