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SINT

SINTX Technologies' stock is up following the announcement that its subsidiary, Technology Assessment & Transfer, has signed a Cooperative Research and Development Agreement with the U.S. Army Combat Capabilities Development Command Army Research Laboratory.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 9:46 pm

TSLA

A Delaware judge has ruled in favor of plaintiffs challenging Elon Musk's $56 billion compensation package from Tesla, potentially impacting the validity and structure of the package.

Portfolio Pulse from Charles Gross

January 30, 2024 | 9:46 pm

POWL

Powell Industries (NASDAQ:POWL) reported Q1 earnings with an EPS of $1.98, surpassing the estimate of $0.84 by 135.71%. Revenue increased by $67.16 million from the same period last year. Despite beating last quarter's EPS estimate, the share price dropped by 6.0% the following day. The company has a history of surpassing EPS estimates in previous quarters.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 9:45 pm

POWL

Powell Industries (NASDAQ:POWL) reported Q1 earnings of $1.98 per share, surpassing the $0.84 estimate by 135.71%, and a 1880% increase from $0.10 per share last year. Sales reached $194.02M, exceeding the $182.04M estimate by 6.58% and marking a 52.94% increase from the previous year.

Portfolio Pulse from mahesh@benzinga.com

January 30, 2024 | 9:45 pm

IROQ

IF Bancorp (NASDAQ:IROQ) reported a significant decrease in quarterly earnings, with Q2 EPS at $0.06, down 86.05% from $0.43 YoY.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 9:44 pm

BXP

Boston Properties projects Q1 FFO per share to be between $1.72 and $1.74, surpassing the estimated $1.69. For 2024, the company forecasts FFO per share to range from $7.00 to $7.20, closely aligning with the estimated $7.19.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 9:43 pm

JT

Jianpu Technology (JT) received a non-compliance letter from the NYSE on January 24, 2024, due to the low trading price of its ADSs. The company has until July 24, 2024, to regain compliance. The NYSE also confirmed that JT had previously regained compliance with trading price requirements as of November 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 9:42 pm

AMD

INTC

SOXX

AMD reported Q4 results in line with expectations, with strong Data Center revenue offsetting weaknesses in Embedded and Gaming. The company guided Q1 revenue above consensus, but the stock fell in after-hours trading. CEO Lisa Su highlighted the impact of AI on the market and the company's strong performance in high-performance data center products. AMD's Data Center segment saw significant growth, while the Client segment was affected by a weak PC market. AMD's outlook for Q1 includes flat Data Center revenue and declines in other segments. Analysts expect continued growth in AI revenue, with a projected $4 billion run-rate by the end of 2024. Raymond James downgraded AMD from Strong Buy to Outperform due to high AI revenue expectations. After the earnings call, AMD's stock price decreased, contrasting with the overall positive performance in January and the previous year.

Portfolio Pulse from Shanthi Rexaline

January 30, 2024 | 9:41 pm

EA

Electronic Arts Inc (NASDAQ:EA) reported Q3 earnings with net bookings of $2.366 billion, slightly missing the consensus estimate of $2.40 billion. Adjusted EPS was $2.96, beating the estimate of $2.93. Net revenue reached $1.945 billion, with live services and other net bookings at a record $1.712 billion, up 3% YOY. EA Sports FC and Madden franchise saw net bookings growth of 7% and 5% YOY, respectively. Q4 net bookings are expected to be between $1.625 billion and $1.925 billion, with EPS guidance of 20 to 68 cents. Full-year net bookings are projected to be $7.389 to $7.689 billion, with EPS of $4.21 to $4.68. Shares fell 3.31% in after-hours trading.

Portfolio Pulse from Chris Katje

January 30, 2024 | 9:41 pm

MTCH

Match Group, Inc. (NASDAQ:MTCH) exceeded Q4 earnings expectations with $0.81 EPS, surpassing the $0.49 consensus. Quarterly sales reached $866 million, slightly above the $861.22 million forecast. Year-over-year, sales increased by 10.16%. The board authorized a $1 billion share buyback program. Revenue projections for Q1 are between $850 million and $860 million, and for full year 2024, they are between $3.565 billion and $3.665 billion. CEO Bernard Kim highlighted leadership changes, product innovation, and AI integration for future growth.

Portfolio Pulse from Erica Kollmann

January 30, 2024 | 9:40 pm