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WDC

Western Digital Corporation (NASDAQ:WDC) reported Q2 financial results with adjusted losses of $0.69 per share, surpassing analyst estimates of a $1.13 loss per share. Sales reached $3.03 billion, slightly above the $2.99 billion estimate but down 2.4% year-over-year. Consumer revenue grew 15% QoQ, while cloud revenue increased 23% QoQ. The company forecasts Q3 revenue between $3.20 billion and $3.40 billion, with adjusted EPS ranging from a $0.10 loss to a $0.20 gain. WDC shares dropped 3.88% after hours to $57.99.

Portfolio Pulse from Erica Kollmann

January 25, 2024 | 9:35 pm

GBCI

Glacier Bancorp (NYSE:GBCI) reported Q4 sales of $166.46M, missing the consensus estimate of $167.16M by 0.42%. Sales decreased by 18.43% compared to the same period last year, where sales were $204.06M.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:35 pm

BTMD

Biote Corp. (NASDAQ:BTMD) has announced a $20 million share repurchase program, authorizing the management to buy back shares in the open market or through private transactions. This move reflects the company's confidence in its growth and financial strength. The repurchase timing will depend on market conditions and other factors, and the program may be adjusted or discontinued at any time.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:35 pm

GBCI

Glacier Bancorp (NYSE:GBCI) reported Q4 earnings with an EPS of $0.49, beating estimates by 19.51% against the expected $0.41. However, revenue decreased by $37.60 million compared to the same period last year. In the previous quarter, GBCI surpassed EPS estimates but experienced a 0.77% share price drop the following day. The company's past earnings performance shows a trend of declining revenues and fluctuating EPS.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 9:35 pm

Weyerhaeuser (NYSE:WY) reported Q4 2023 earnings of $0.16 per share, missing the consensus estimate of $0.17. Sales were $1.77B, also below the expected $1.86B, marking a 2.69% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:34 pm

WDC

Western Digital's stock price is trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:34 pm

AREN

CRGE

FAZE

FNGR

GDC

GROM

LQR

LYT

NEXN

SIFY

TMUS

VSME

In Thursday's after-market session, several communication services stocks experienced movement. Grom Social Enterprises (GROM), LQR House (LQR), FaZe Hldgs (FAZE), Sify Technologies (SIFY), GD Culture Group (GDC), and FingerMotion (FNGR) saw gains, while Nexxen International (NEXN), Charge Enterprises (CRGE), Arena Group Holdings (AREN), T-Mobile US (TMUS), VS Media Holdings (VSME), and Lytus Technologies Hldgs (LYT) experienced declines. Notably, T-Mobile US's Q4 earnings were released.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 9:31 pm

CVRX

IVP

PCSA

In Thursday's after-market session, several healthcare stocks experienced significant movements. Inspire Veterinary (IVP) led the gainers with a 37.5% increase, while Processa Pharma (PCSA) saw the largest decline among the losers with a 14.7% drop. CVRx (CVRX) reported Q4 earnings, which may have influenced its 13.53% fall. The movements reflect changes in market capitalization for these companies, with impacts varying from $1.3 million to $1.7 billion.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 9:31 pm

ADSE

AREB

CISS

DCFC

EAF

HYFM

ROMA

SWVL

VATE

VCIG

In Thursday's after-market session, several industrial stocks experienced movement. OceanPal (OP) and American Rebel Holdings (AREB) were among the gainers, with increases of 4.8% and 4.18%, respectively. GrafTech International (EAF), Tritium DCFC (DCFC), Hydrofarm Holdings Group (HYFM), and VCI Global (VCIG) also saw their stocks rise. On the losing side, C3is (CISS) and Roma Green Finance (ROMA) shares fell by 8.4% and 4.86%, respectively. Richtech Robotics (RR), Swvl Hldgs (SWVL), ADS-TEC Energy (ADSE), and Innovate (VATE) also experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 9:31 pm

APPF

CTM

CYN

GSIT

INTC

KLAC

MIMO

MRDB

PRCH

QBTS

RCAT

TAOP

In Thursday's after-market session, several information technology stocks experienced movement. Cyngn, Castellum, Red Cat Holdings, Porch Group, D-Wave Quantum, and AppFolio saw gains, with AppFolio's rise attributed to its Q4 earnings report. Conversely, GSI Technology, Intel, Airspan Networks Holdings, KLA, MariaDB, and Taoping faced declines. GSI Technology's drop followed its Q3 earnings release, while Intel and KLA's decreases were linked to their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 9:30 pm