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STEM

Stem (NYSE:STEM) reported Q2 2024 adjusted EPS of $(0.22), beating the estimate of $(0.23). However, sales were $33.999M, missing the $64.946M estimate and showing a 63.42% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:51 pm

EMKR

EMCORE (NASDAQ:EMKR) reported Q3 2024 adjusted EPS of $(0.49), missing the $(0.17) estimate by 188.24%. However, sales of $20.435M beat the $19.741M estimate by 3.51%, though this is a 23.46% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:51 pm

ALTM

Arcadium Lithium shares are trading higher after the company reported better-than-expected Q2 financial results and announced it expects its cost savings at the higher end of its guidance range.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:51 pm

BTC

DOGE

ETH

HOOD

SHIB

Cryptocurrency markets are recovering after a strong correction, with notable gains in Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu. Robinhood's Q2 earnings preview highlights a favorable environment for crypto trading. Despite market sell-offs, major institutions like BlackRock, Fidelity, Grayscale, and MicroStrategy have not offloaded Bitcoin. Analysts and traders provide mixed views on the market's future, with some seeing potential for Bitcoin to reach $60,000.

Portfolio Pulse from Khyathi Dalal

August 06, 2024 | 8:50 pm

SMCI

Super Micro Computer Inc (NASDAQ:SMCI) reported Q4 revenue of $5.31 billion, in line with estimates, and earnings of $6.25 per share, below analyst estimates of $8.10. The company announced a 10-for-1 stock split and provided strong guidance for Q1 and fiscal year 2025. Shares surged initially but fell 4.37% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 06, 2024 | 8:50 pm

RIGL

Rigel Pharmaceuticals (NASDAQ:RIGL) reported Q2 2024 GAAP EPS of $(0.06), significantly beating the analyst estimate of $(0.31). The company also reported sales of $36.841 million, surpassing the $33.419 million estimate and marking a 37.03% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:50 pm

TREX

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

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:50 pm

SGC

Superior Gr of Cos (NASDAQ:SGC) reported Q2 2024 GAAP EPS of $0.04, missing the $0.11 estimate by 63.64%. Sales were $131.736M, missing the $136.423M estimate by 3.44%. EPS decreased by 50% YoY, while sales increased by 1.99% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:49 pm

BWIN

The Baldwin Insurance (NASDAQ:BWIN) reported Q2 2024 earnings of $0.34 per share, beating the analyst estimate of $0.33. Sales were $339.840 million, surpassing the $334.682 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:49 pm

RPD

Rapid7 shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:49 pm