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SFIX

Stitch Fix, Inc. (NASDAQ:SFIX) reported Q2 financial results with losses of 30 cents per share, missing the analyst consensus of 20 cents per share losses. Quarterly sales were $330.4 million, below the expected $330.85 million, marking a 19.83% decrease from the previous year. Active clients decreased by 6% quarter-over-quarter and 17% year-over-year. The company's Q3 revenue outlook is between $300 million and $310 million, below the $322.29 million estimate, with fiscal year 2024 revenue expected to be between $1.29 billion and $1.32 billion, under the $1.35 billion consensus. Stitch Fix shares fell 13.7% after-hours to $2.83.

Portfolio Pulse from Erica Kollmann

March 04, 2024 | 9:44 pm

SEMR

SEMrush shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:42 pm

KOS

Kosmos Energy's stock is trading lower following the announcement of a $300 million offering of convertible senior notes due 2030.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:41 pm

ALB

Albemarle Corporation's stock price is trading lower following the announcement of a proposed public offering of depositary shares. This move could potentially dilute existing shareholders' equity, leading to the decrease in stock price.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:38 pm

MSTR

MicroStrategy Inc (NASDAQ:MSTR) announced a private offering of $600 million in convertible senior notes due 2030, with an option for initial purchasers to buy an additional $90 million. The proceeds are intended for acquiring more Bitcoin and general corporate purposes. This follows the company's ongoing investment in Bitcoin, having acquired 193,000 Bitcoins since 2020. The stock was down 4.42% in after-hours trading following the announcement.

Portfolio Pulse from Adam Eckert

March 04, 2024 | 9:35 pm

ATER

FOSL

SFIX

TDUP

In Monday's after-market session, several consumer discretionary stocks showed notable movements. Aterian, Fossil Group, Interactive Strength, Rent the Runway, EpicQuest Education Group, and Newegg Commerce were among the gainers, with increases in their stock prices. On the other hand, ThredUp, Stitch Fix, BowFlex, BurgerFi International, Cato, and AMMO experienced declines, with ThredUp and Stitch Fix specifically reacting to their earnings releases.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 9:32 pm

CARA

EKSO

RBOT

In Monday's after-market session, health care stocks saw significant movements. Vicarious Surgical (RBOT) led the gainers with a 24.9% increase following their Q4 earnings report. Ekso Bionics Holdings (EKSO) and Jaguar Health (JAGX) also posted strong gains after their Q4 earnings. On the losing side, Cara Therapeutics (CARA) dropped 15% after its Q4 earnings, with Moleculin Biotech (MBRX) and Tandem Diabetes Care (TNDM) also experiencing declines.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 9:32 pm

AVAV

MNTS

RMCO

In Monday's after-market session, several industrials stocks saw significant movements. Momentus (MNTS) led the gainers with a 55.1% increase, while Royalty Management Holdings (RMCO) experienced the largest drop among the losers, falling 9.2%. Notably, AeroVironment (AVAV) saw a 16.99% rise following their Q3 earnings report.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 9:32 pm

DSP

GTLB

SEMR

In Monday's after-market session, several Information Technology stocks showed significant movement. Viant Technology, Phunware, CommScope Holding Co, Casa Systems, Sonim Technologies, and Intrusion experienced gains, with Viant Technology leading at an 8.9% increase following their Q4 earnings report. Conversely, GitLab, SEMrush Holdings, ARB IOT Group, MicroStrategy, Presto Automation, and inTest faced declines, with GitLab dropping 11.6% after their Q4 earnings announcement.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 9:32 pm

OFS

OFS Capital reported Q4 earnings of $0.35 per share, missing the consensus estimate of $0.39, and sales of $13.48M, below the $14.20M estimate. This represents a year-over-year earnings stagnation and a 3.68% decrease in sales.

Portfolio Pulse from Happy Mohamed

March 04, 2024 | 9:32 pm