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ASTS

AST SpaceMobile has completed its first five commercial satellites, named Bluebirds. Each satellite has a communications array of 693 square feet and is ready for shipment to Cape Canaveral in early August, with a launch window in September.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:42 am

AAPL

Apple Inc. (NASDAQ:AAPL) has dropped from third to sixth place in the Chinese smartphone market, with its market share falling to 14% in Q2 2024. Meanwhile, Huawei has seen a 41% increase in shipments, driven by the launch of its Pura 70 series. Apple faces intense competition and has increased discounting efforts to regain market share.

Portfolio Pulse from Rounak Jain

July 25, 2024 | 11:42 am

ABBV

AbbVie has raised its 2024 adjusted diluted EPS guidance from $10.61-$10.81 to $10.71-$10.91, surpassing the consensus of $10.78. This includes an unfavorable impact of $0.60 per share related to acquired IPR&D and milestones expense incurred year-to-date through Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:39 am

PPBT

Purple Biotech has received an extension from the Nasdaq Listing Qualifications Department to regain compliance with the minimum $1.00 bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:39 am

ABBV

AbbVie reported Q2 2024 adjusted EPS of $2.65, beating the estimate of $2.57. Sales were $14.462 billion, surpassing the expected $14.027 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:37 am

EME

EMCOR Group has increased its 2024 revenue guidance range to $14.5B-$15.0B from $14.0B-$14.5B, surpassing the estimated $14.305B. Additionally, the company has raised its EPS guidance to $19.00-$20.00 from $15.50-$16.50, exceeding the estimated $16.21.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:35 am

NTCT

NetScout Systems has reiterated its FY25 revenue guidance of $800M-$830M and adjusted EPS of $2.10-$2.30. However, the GAAP net loss per share is now expected to be between ($5.28) and ($5.03) due to goodwill impairment and restructuring charges.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:35 am

EME

EMCOR Group (NYSE:EME) reported Q2 2024 earnings per share (EPS) of $5.25, significantly beating the analyst estimate of $3.76. The company also reported sales of $3.667 billion, surpassing the estimate of $3.522 billion. This represents a 20.39% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:32 am

FCN

FTI Consulting (NYSE:FCN) reported Q2 2024 earnings per share (EPS) of $2.34, surpassing the analyst estimate of $2.04 by 14.71%. The company's sales were $949.156 million, exceeding the estimate of $938.675 million. Both EPS and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:31 am

QUIK

SensiML, a subsidiary of QuickLogic, has released a new generative AI feature for its Data Studio application, enhancing dataset management for IoT edge devices. This feature allows developers to create hyper-realistic synthetic speech datasets for building AI models optimized for low-power microcontrollers.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:31 am