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ZIP

ZipRecruiter shares are trading higher following the release of better-than-expected Q2 financial results and the announcement of the acquisition of Breakroom.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:27 pm

CYBR

CyberArk Software Ltd (NASDAQ:CYBR) reported a strong fiscal second-quarter 2024 with a 28% revenue increase to $224.7 million, beating analyst estimates. The company also posted an adjusted EPS of 54 cents, surpassing expectations. Key performance indicators showed significant growth in subscription revenues and annual recurring revenue. The company raised its fiscal 2024 outlook, projecting higher revenues and adjusted EPS. CYBR stock gained 7.5% following the report.

Portfolio Pulse from Anusuya Lahiri

August 08, 2024 | 3:27 pm

GOCO

GoHealth shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:27 pm

FTCI

FTC Solar shares are trading lower after the company reported worse-than-expected Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:25 pm

ROOT

Root shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:25 pm

FBLG

FibroBiologics shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:24 pm

GTN

Gray Television shares are trading lower after the company reported worse-than-expected Q2 financial results and revised its FY24 core advertising revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:23 pm

SPY

Global stock markets, including Japan's Nikkei 225 and the US S&P 500, have experienced significant volatility but showed resilience with notable rebounds. The S&P 500 has increased by 11% year-to-date despite recent fluctuations.

Portfolio Pulse from Zaheer Anwari

August 08, 2024 | 3:22 pm

PZZA

Papa John's International, Inc. (NASDAQ:PZZA) reported a mixed Q2 fiscal 2024 with a revenue decline of 1.3% year-over-year to $507.894 million, missing the consensus of $520.519 million. However, the company beat EPS expectations with 61 cents against the expected 53 cents. North America comparable sales were down 4%, and international sales were flat. The company saw 31 net unit closures due to strategic international closures. Despite these challenges, adjusted operating income increased by 4% due to improved margins and cost discipline. The stock rose by 4.50% following the report.

Portfolio Pulse from Akanksha Bakshi

August 08, 2024 | 3:21 pm

AAPL

Apple is preparing to release a smaller Mac Mini model equipped with the new M4 chip, according to Bloomberg. This development is part of Apple's ongoing efforts to innovate and enhance its product lineup.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:19 pm