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PLTR

Palantir has raised its revenue guidance for FY24 to between $2.742 billion and $2.75 billion, below the $3.256 billion estimate. The company also raised its US commercial revenue guidance to over $672 million, representing a growth rate of at least 47%. Adjusted income from operations is expected to be between $966 million and $974 million, with adjusted free cash flow between $800 million and $1 billion. Palantir continues to expect GAAP operating income and net income in each quarter of this year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:23 pm

TRUE

TrueCar (NASDAQ:TRUE) reported Q2 2024 GAAP EPS of $(0.15), missing the $(0.07) estimate by 114.29%. Sales were $41.795M, missing the $44.265M estimate by 5.58%. Despite the misses, EPS improved by 34.78% and sales increased by 6.38% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:23 pm

BE

Bloom Energy (NYSE: BE) has announced a new hydrogen solid oxide fuel cell with 60% electrical efficiency and 90% high temperature combined heat and power efficiency. This technology is future-proof, operating on natural gas, hydrogen, and blends, and emits negligible pollutants.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:22 pm

OGS

ONE Gas has reaffirmed its FY24 EPS guidance in the range of $3.70 to $4.00, compared to the analyst estimate of $3.89.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:19 pm

ENTA

Enanta Pharma (NASDAQ:ENTA) reported Q3 2024 adjusted EPS of $(1.07), beating the $(1.45) estimate. Sales were $18.00M, surpassing the $17.18M estimate but down 4.72% from last year's $18.89M.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:18 pm

O

Realty Income Corporation has projected its Adjusted Funds From Operations (AFFO) to be between $4.19 and $4.28, which is below the market estimate of $4.39.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:18 pm

NVTS

Navitas Semiconductor (NASDAQ:NVTS) reported Q2 2024 adjusted EPS of $(0.07), missing the $(0.06) estimate, but achieved sales of $20.468M, beating the $20.013M estimate. Sales increased by 13.32% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:18 pm

JJSF

J&J Snack Foods (NASDAQ:JJSF) reported Q3 2024 earnings per share of $1.98, missing the analyst estimate of $1.99 by 0.5%. The company also reported sales of $439.957 million, missing the estimate of $444.047 million by 0.92%. Despite the misses, sales increased by 3.33% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:17 pm

PRAA

PRA Group (NASDAQ:PRAA) reported Q2 2024 GAAP EPS of $0.54, significantly beating the analyst estimate of $0.08. The company also reported sales of $284.229 million, surpassing the $245.037 million estimate and marking a 35.84% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:17 pm

MSTR

Cryptocurrency markets are experiencing significant declines due to recession fears and geopolitical tensions. Bitcoin, Ethereum, and Dogecoin have seen substantial drops, with Bitcoin liquidations reaching $405 million in the past 24 hours. MicroStrategy's stock has plunged nearly 15% in pre-market trading. Analysts are divided on the future direction of Bitcoin, with some seeing potential for recovery and others predicting further declines.

Portfolio Pulse from Khyathi Dalal

August 05, 2024 | 8:16 pm