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CCAP

Crescent Capital BDC (CCAP) reported Q4 2023 adjusted EPS of $0.61, surpassing the $0.57 estimate, with sales of $50M beating the $47.73M estimate, marking a 44.51% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:04 pm

GSM

Ferroglobe (NASDAQ:GSM) reported Q4 2023 adjusted EPS of $0.09, surpassing the $0.02 estimate, with sales of $375.95M exceeding the $318.80M forecast. This represents a 16.20% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:01 pm

DOCN

DigitalOcean projects its Q1 2024 adjusted EPS to be between $0.37 and $0.39, aligning with the $0.37 estimate. Revenue is expected to be between $182M and $183M, slightly above the $181.123M estimate.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:00 pm

JOE

St. Joe reported a decrease in Q4 EPS to $0.23 from $0.48 YoY, while sales increased to $86.70M from $61.60M YoY.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 9:59 pm

INSG

Ashish Sharma has resigned as CEO of Inseego, effective February 23. The company, known by its ticker INSG, is now in the process of finding a replacement.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:57 pm

ROOT

Root Inc. (NASDAQ:ROOT) reported Q4 earnings with an EPS of $-1.64, surpassing the estimated $-2.79 by 41.22%. Revenue increased by $123.5 million year-over-year. Despite missing EPS estimates last quarter, ROOT's share price increased by 16.38% the following day. The company has shown improvement in both EPS and revenue over the past four quarters.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:55 pm

RIVN

Rivian Automotive (NASDAQ:RIVN) reported Q4 earnings with revenue of $1.32 billion, surpassing estimates but missed EPS expectations with a loss of $1.36 per share. The company produced 17,541 vehicles and delivered 13,972 in Q4, ending the year with $9.37 billion in cash. For 2024, Rivian aims for cost efficiency and expects to produce 57,000 vehicles with an adjusted EBITDA loss of $2.7 billion. It also plans a 10% workforce reduction and the unveiling of the Rivian R2 on March 7. RIVN shares dropped 17% in after-hours trading.

Portfolio Pulse from Chris Katje

February 21, 2024 | 9:55 pm

LUNG

Pulmonx (NASDAQ:LUNG) reported Q4 2023 earnings with a smaller loss per share of $(0.36) compared to the expected $(0.42), and sales of $19.28M, surpassing the $18.27M estimate. This represents a 5.26% improvement in losses and a 24.98% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:54 pm

NVDA

QQQ

SOXX

SPY

Nvidia Corp. (NASDAQ:NVDA) reported Q4 earnings with a revenue of $22.10 billion and EPS of $5.16, surpassing Street estimates. The company's revenue saw a 265% year-over-year increase, with significant growth in the Data Center and Gaming sectors. Nvidia's Q1 revenue guidance of $24.0 billion also exceeds expectations. Shares rose 6% in after-hours trading, with a 40.25% increase year-to-date, outperforming major ETFs like SPY, QQQ, and SOXX.

Portfolio Pulse from Chris Katje

February 21, 2024 | 9:54 pm

ROOT

Root Inc. (NASDAQ:ROOT) reported Q4 2023 earnings with a GAAP EPS of $(1.64), surpassing the $(2.89) estimate, and sales of $194.80M, exceeding the $126.99M estimate. This represents a 173.21% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:53 pm