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UBER

Uber Technologies is set to join the Dow Jones Transportation Average, marking a significant milestone for the company and potentially influencing its stock performance.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:21 pm

AMZN

Amazon.com is set to join the Dow Jones Industrial Average, marking a significant milestone for the company and potentially influencing its stock performance.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:20 pm

CRWD

PANW

S

ZS

Shares of CrowdStrike, Zscaler, and SentinelOne fell in after-hours trading due to Palo Alto Networks' weak guidance. Palo Alto's forecast for Q3 revenue and adjusted earnings per share fell below analyst estimates, as did its full-year 2024 revenue and earnings projections. This has caused a ripple effect in the cybersecurity sector, with stocks that have yet to report earnings experiencing the most significant drops. CrowdStrike, Zscaler, and SentinelOne are scheduled to report their earnings soon.

Portfolio Pulse from Adam Eckert

February 20, 2024 | 10:19 pm

TRTX

TPG RE Finance Trust (TRTX) reported Q4 2023 adjusted EPS of $(2.05), significantly missing the $(0.17) estimate. However, their sales of $31.49M exceeded the $24.73M estimate, marking a 12.51% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:17 pm

UAN

CVR Partners reported a significant decrease in both earnings per share and sales for Q4, with EPS dropping to $0.94 from $9.02 YoY and sales falling to $141.62M from $212.23M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:17 pm

AFIB

Acutus Medical's stock is trading higher following the grant of European Patent Number EP3294399 for a 'Catheter System For Left Heart Access.' This development could signal potential growth and market expansion in Europe for Acutus Medical's innovative heart access technology.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:12 pm

MOTS

Motus GI's stock price increased following the announcement that the company has been granted U.S. Patent #11904085 for 'Systems And Methods For Cleaning A Colon.' This patent strengthens the company's intellectual property portfolio, potentially enhancing its competitive position in the medical device market.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:10 pm

CVI

CVR Energy (NYSE:CVI) reported Q4 adjusted EPS of $0.65, surpassing the $0.34 estimate, but its sales of $2.20B fell short of the $2.26B estimate. This represents a 61.31% decrease in earnings and a 17.81% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:10 pm

MTTR

Matterport Inc (NASDAQ:MTTR) reported Q4 financial results with sales of $39.55 million, missing the consensus estimate of $40.22 million and showing a 3.88% decrease year-over-year. The company met earnings expectations with losses of 4 cents per share. Despite the miss, subscription revenue grew by 23% year-over-year. Matterport provided weak guidance for Q1 and the full year 2024, expecting lower than estimated revenues and adjusted losses.

Portfolio Pulse from Erica Kollmann

February 20, 2024 | 10:08 pm

LZB

La-Z-Boy's stock price declined following the announcement of disappointing Q3 financial results and future guidance that did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:08 pm