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OESX

Orion Energy Systems (NASDAQ:OESX) reported Q3 losses of $(0.07) per share, meeting analyst estimates but marking a 50% improvement from last year. Sales were $26M, missing the $27.03M estimate but showing a 28.15% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:33 pm

HUT

Hut 8 Corp announced the immediate departure of CEO Jaime Leverton and appointed Asher Genoot as the new CEO. This change follows the completion of the company's merger of equals, signaling a new strategic direction.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:31 pm

XPO

XPO shares are trading higher following the announcement of their fourth-quarter financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:30 pm

CMG

F

NYCB

QQQ

SNAP

SPY

U.S. stock futures showed mixed signals ahead of the market open, with earnings reports and Federal Reserve officials' speeches in focus. Analyst Brad McMillan highlighted the strong economy and earnings growth as potential offsets to interest rate and valuation challenges. Premarket trading saw SPDR S&P 500 ETF Trust and Invesco QQQ ETF movements. Several companies reported earnings, with notable movements in stocks like Chipotle Mexican Grill, Ford Motor Co., and Snap Inc. Upcoming earnings include Alibaba, CVS Health, and Walt Disney Co., among others. New York Community Bancorp faced governance concerns.

Portfolio Pulse from Shanthi Rexaline

February 07, 2024 | 12:27 pm

CRTO

Criteo's stock price increased following the announcement of their fourth-quarter financial results, which exceeded expectations. The company also provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:24 pm

VSH

Vishay Intertechnology projects its Q1 2024 revenue to be around $735M (+/- $20M), which is below the estimated $795.1M.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:23 pm

VSH

Vishay Intertechnology (NYSE:VSH) reported Q4 adjusted EPS of $0.37, surpassing the $0.36 estimate, but its sales of $785.24M fell short of the $787.15M estimate. This represents a 46.38% decrease in earnings and an 8.19% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:21 pm

PFTA

RBio Energy has entered into an agreement to go public through a business combination with Perception Capital Corp. III (PFTA). This move marks a significant step for RBio Energy in its growth and expansion plans, allowing it to access public markets for capital.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:20 pm

BERY

Berry Global Group (NYSE:BERY) reported Q1 adjusted EPS of $1.22, missing the $1.29 estimate, and sales of $2.85B, missing the $2.99B estimate. This represents a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:18 pm

HAIN

Hain Celestial has updated its FY24 organic net sales growth forecast to around 1% or more, a decrease from its previous projection of 2% to 4% growth. This revision indicates a more cautious outlook for the company's sales growth in the coming fiscal year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:10 pm