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MOS

Mosaic shares are trading lower following the announcement of Q1 financial results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:16 pm

EXLS

ExlService Holdings' shares surged following the announcement of their Q1 financial results, which exceeded expectations. Additionally, the company provided guidance for FY24, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:15 pm

K

TOMS Capital Investment Management has acquired a significant stake in Kellanova and is actively engaging with the company, according to two sources.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:14 pm

EIS

ISRA

TUR

Turkey has announced a complete halt to all trade with Israel, marking a significant shift in their economic relations. This decision could have wide-ranging implications for both countries' economies and potentially affect global markets.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:13 pm

APTV

HYMLY

Aptiv PLC (NYSE:APTV) reported Q1 earnings with an EPS of $1.16, surpassing expectations but with revenues slightly missing forecasts at $4.901 billion. The company saw growth in Asia and North America, offset by declines in Europe and South America. Aptiv announced a restructuring deal with Hyundai Motor (OTC:HYMLY) to reduce its equity interest in Motional from 50% to approximately 15%. Additionally, Aptiv raised its FY24 EPS outlook but lowered its revenue forecast. Shares surged 11.6% following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

May 02, 2024 | 3:13 pm

EVTC

Evertec shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:13 pm

IDCC

Interdigital's stock price increased following the announcement of Q1 financial results surpassing expectations, along with optimistic Q2 and FY24 adjusted EPS guidance. Additionally, the company secured a court injunction against Lenovo in Germany.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:12 pm

NTGR

NETGEAR's stock price declined following the announcement of its Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:08 pm

ACHC

Acadia Healthcare's stock traded lower due to the company reporting Q1 revenue results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:08 pm

DBD

Diebold Nixdorf Inc (NYSE:DBD) reported a 4.3% year-on-year increase in Q1 FY24 sales to $895.4 million, surpassing analyst estimates. Banking revenue rose 9.4%, while Retail revenue fell 7%. Despite a slight drop in gross profit and margin, operating income improved significantly, turning a profit compared to a loss in the previous year. However, EPS missed estimates. Adjusted EBITDA saw a substantial increase, and the company reaffirmed its FY24 revenue and EBITDA guidance, leading to a 9.11% rise in its stock price.

Portfolio Pulse from Shivani Kumaresan

May 02, 2024 | 3:07 pm