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MCHX

Marchex shares are trading higher following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:59 pm

NVRO

Nevro (NYSE:NVRO) reported Q1 2024 earnings with a GAAP EPS of $(0.70), surpassing the $(1.08) estimate, and sales of $101.899M, exceeding the $97.892M estimate. This represents a 28.57% improvement in EPS and a 5.78% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:59 pm

INOD

Innodata shares are trading higher following the announcement of improved Q1 financial results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:58 pm

HRT

HireRight Holdings (NYSE:HRT) reported Q1 earnings of $0.22 per share, surpassing the $0.20 estimate, marking a 22.22% increase from last year. However, their Q1 sales of $173.20M fell short of the $176.95M estimate, a 1.25% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:57 pm

ARC

ARC Document Solutions (NYSE:ARC) reported Q1 2024 adjusted EPS of $0.06, surpassing the $0.04 estimate, with sales of $70.792M exceeding the $68.944M forecast. This represents a 20% increase in EPS and a 2.72% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:57 pm

MASI

Masimo has updated its FY24 revenue forecast to $2.055B-$2.165B, slightly higher than its previous forecast of $2.045B-$2.165B, with an estimated midpoint of $2.102B. The company also raised its adjusted EPS forecast from $3.44-$3.60 to $3.54-$3.70, against an estimated $3.52.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:57 pm

TOST

Toast Inc (NYSE:TOST) reported Q1 earnings with revenue of $1.075 billion, surpassing estimates of $1.041 billion, but with a loss per share of 15 cents, slightly worse than the expected 14 cents loss. The company saw a 32% growth in annualized recurring run-rate to $1.3 billion and a 30% increase in Gross Payment Volume to $34.7 billion. Over 6,000 new locations were added, bringing the total to approximately 112,000. Toast anticipates Q2 gross profit from subscription services and financial technology solutions to be between $320 million and $330 million, with adjusted EBITDA for Q2 between $55 million and $65 million, and full-year adjusted EBITDA between $250 million and $270 million. Shares rose 4.51% after hours to $24.80.

Portfolio Pulse from Adam Eckert

May 07, 2024 | 8:56 pm

SHLS

Shoals Technologies Group's shares dropped following the announcement of Q1 sales results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:56 pm

OPK

OPKO Health (NASDAQ:OPK) reported Q1 2024 GAAP EPS of $(0.12), missing the $(0.10) estimate, and sales of $173.7M, below the $182.99M estimate. This represents a significant decrease from the previous year, with a 500% increase in losses per share and a 26.89% decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:56 pm

DH

Definitive Healthcare's stock trades lower following the announcement of Q1 sales results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:55 pm