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RDFN

Redfin (NASDAQ:RDFN) reported Q1 2024 earnings with a GAAP EPS of $(0.57), surpassing the $(0.58) estimate, and sales of $225.479M, exceeding the $217.836M estimate. This represents a slight decrease in EPS and an increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:14 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets are experiencing slight declines with major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin trading flat or down. Notable developments include a buying spree by high net worth Bitcoin holders and a significant holding of $831 million in Bitcoin ETFs by Susquehanna International Group. Analysts see more ETF inflows as key to restarting the bull run, with a focus on the potential impact of spot Bitcoin ETFs and the upcoming halving event.

Portfolio Pulse from Khyathi Dalal

May 07, 2024 | 9:14 pm

APEI

American Public Education has increased its FY24 consolidated revenue forecast from the range of $610M-$620M to $620M-$630M, surpassing the estimated $614.125M.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:13 pm

ALCC

Stockholders of AltC Acquisition Corp. (ALCC) have approved a business combination with Oklo, a move that could significantly impact ALCC's market position and future growth prospects.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:12 pm

TWLO

Twilio has reaffirmed its full year 2024 organic revenue growth guidance, projecting an increase of 5%-10%. This announcement is a significant indicator of Twilio's confidence in its business model and growth trajectory over the next year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:12 pm

CPIX

Cumberland (CPIX) reported a Q1 adjusted loss of $(0.05) per share, a significant decrease from the $0.11 per share profit reported in the same period last year. Sales also decreased by 7.88% to $8.50 million from $9.22 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:12 pm

ONTF

ON24 (NYSE:ONTF) reported Q1 2024 earnings of $0.02 per share, surpassing the $(0.01) estimate, marking a 300% beat and a 150% increase from last year's $(0.04) per share loss. Sales reached $37.727M, exceeding the $37.003M estimate by 1.96%, despite a 12.39% decrease from last year's $43.063M.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:10 pm

OLO

Olo (NYSE:OLO) reported Q1 2024 earnings of $0.05 per share, surpassing the $0.04 estimate, marking a 150% increase from last year. Sales reached $66.511M, beating the $64.293M estimate, a 27.32% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:09 pm

OXY

Occidental Petroleum Corporation (NYSE:OXY) reported Q1 earnings of 63 cents per share, beating estimates by 5% but down 42.2% year-over-year. Sales were $6.01 billion, missing estimates by 10.3% and down 17.19% from last year. The company highlighted strong operational performance, with $2 billion in operating cash flow and $720 million in free cash flow before working capital. Production was in line with guidance despite challenges in the Gulf of Mexico. Shares fell 0.82% after-hours.

Portfolio Pulse from Erica Kollmann

May 07, 2024 | 9:08 pm

PENN

PENN Entertainment (NASDAQ:PENN) shares rose after announcing a multiyear partnership making ESPN Bet the Official Sports Betting Sponsor of the PGA Championship through 2026. This marks a significant milestone as the first men's golf major with an official sports betting sponsor, leveraging PENN's technology and ESPN's brand to enhance fan engagement. The partnership is expected to positively impact PENN's positioning in the sports betting market.

Portfolio Pulse from vaishaliprayag@benzinga.com

May 07, 2024 | 9:08 pm