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ASND

Ascendis Pharma reported Q1 sales of €95.894M, surpassing the estimated €79.492M. This indicates a strong performance against market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:46 pm

AAPL

QQQ

SPY

Apple, Inc. (AAPL) reported Q2 results surpassing expectations with a $90.75B revenue and announced a $110B buyback program. Despite a year-over-year revenue decline, Services and Mac sales exceeded forecasts. Apple's EPS fell from the previous year but set a new March quarter record. The company declared a quarterly dividend and expressed confidence in future growth, hinting at upcoming product announcements. AAPL shares rose 3.5% post-earnings, contrasting with its year-to-date performance.

Portfolio Pulse from Shanthi Rexaline

May 02, 2024 | 8:45 pm

UDMY

Udemy reported Q1 2024 earnings of $0.03 per share, surpassing the $(0.01) estimate, with sales of $196.846M beating the $194.919M estimate. This represents a 150% increase in EPS and an 11.57% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:43 pm

GDYN

Grid Dynamics Holdings (NASDAQ:GDYN) reported Q1 2024 earnings of $0.07 per share, meeting consensus estimates but marking a 12.5% decrease from the previous year. Sales reached $79.817M, exceeding estimates by 2.50% but slightly down by 0.33% from last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:43 pm

OLED

Universal Display (NASDAQ:OLED) reported Q1 2024 earnings of $1.19 per share, surpassing the $1.02 estimate, a 43.37% increase from last year. Sales reached $165.259M, beating the $150.748M estimate, marking a 26.67% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:43 pm

SMLP

Summit Midstream Partners (SMLP) reported a significant increase in Q1 adjusted earnings to $11.47 per share, up from a loss of $(1.82) per share YoY. Sales rose to $118.87M, a 5.66% increase from $112.50M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:42 pm

IR

Ingersoll Rand has maintained its FY24 organic revenue growth guidance at 2% to 4% and raised its adjusted EPS guidance from $3.14-$3.24 to $3.20-$3.30, slightly above the estimated $3.21.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:42 pm

KRC

Kilroy Realty (NYSE:KRC) reported Q1 2024 FFO of $1.11 per share, surpassing the $1.07 estimate, but its sales of $274.890M fell short of the $275.064M estimate, marking a 5.24% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:42 pm

CIVI

Civitas Resources has reaffirmed its full-year 2023 sales volume forecast, maintaining its guidance at 325-345 thousand barrels of oil equivalent per day (MBoe/d).

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:42 pm

AMSYF

CTGO

HCC

MTRN

Warrior Met Coal reported a production surge and strong Q1 results, while Materion updated its earnings forecast amidst a sales decline. Contango ORE is set to acquire HighGold Mining, offering a significant premium to HighGold shareholders. ArcelorMittal showcased a recovery in Q1 with increased steel shipments and EBITDA.

Portfolio Pulse from austin@walkonholdings.com

May 02, 2024 | 8:40 pm