ADVFN US – Market Content Editor

Beam Therapeutics Inc. (NASDAQ:BEAM) shares jumped 12% following the announcement that the U.S. Food and Drug Administration (FDA) has granted Regenerative Medicine Advanced Therapy (RMAT) designation to BEAM-101, the company’s investigational cell therapy for sickle cell disease. The RMAT designation, which comes after an earlier orphan drug designation, provides Beam with opportunities for closer FDA…

Lazydays Holdings, Inc. (NASDAQ:GORV) posted a second-quarter net loss of $6.67 per share on revenue of $131.3 million Thursday, showing progress in its turnaround efforts despite significantly lower sales volumes. Shares edged up 0.95% in after-hours trading following the results. Revenue declined 44.3% year-over-year from $235.6 million in Q2 2024, reflecting the company’s streamlined footprint…

The Oncology Institute, Inc. (NASDAQ:TOI) saw its shares fall 7.07% in pre-market trading Thursday after reporting second-quarter earnings that fell short of analyst expectations, despite posting revenue above forecasts. The value-based community oncology provider reported a loss of $0.15 per share for Q2, missing estimates of a $0.09 loss by $0.06. Revenue, however, reached $119.8…

Samsonite (USOTC:SMSEY) reported a 5% decline in second-quarter sales, slightly outperforming Morgan Stanley’s estimates, while adjusted EBITDA came in at $141 million, in line with expectations. The luggage maker’s EBITDA margin reached 16.3%, below the forecasted 16.8%, mainly due to lower gross profit margins—likely driven by increased promotional activity—and higher distribution costs associated with new…

McGraw Hill, Inc. (NYSE:MH) surpassed revenue expectations in its first-quarter fiscal 2026 results on Thursday, with total revenue reaching $535.7 million, up 2.4% year-over-year, driven by strong performance in digital and recurring revenue. Shares slipped 0.21% in after-hours trading following the announcement. The education solutions provider reported breakeven earnings per share for the quarter ended…

Xunlei Ltd Adr (NASDAQ:XNET) shares surged 13.6% on Thursday following the company’s strong second-quarter results, with revenue climbing 30.6% year-over-year to $104 million, fueled by growth across all business segments. The company reported adjusted earnings of $0.13 per ADS, surpassing analyst expectations of $0.03 per ADS. Revenue growth was broad-based, led by live-streaming and other…

Terawulf Inc. (NASDAQ:WULF) saw its stock surge 20% after announcing it had secured two 10-year high-performance computing colocation contracts with AI cloud platform Fluidstack, totaling approximately $3.7 billion in committed revenue. Under the agreements, Terawulf will provide over 200 MW of critical IT capacity at its Lake Mariner data center campus in Western New York.…

SpartanNash (NASDAQ:SPTN), the food solutions company, exceeded analyst expectations in its second-quarter earnings on Thursday, benefiting from improved gross margins and contributions from recent acquisitions. Following the announcement, the company’s shares remained flat in after-hours trading. The company posted adjusted earnings per share of $0.54, beating the analyst consensus of $0.50. Revenue reached $2.27 billion,…

Shares of Sonoma Pharmaceuticals, Inc. (NASDAQ:SNOA) skyrocketed 100% following the company’s announcement that its diaper rash product is now available at Walmart stores and other leading U.S. retail chains. The healthcare firm revealed that its antimicrobial hydrogel, built on its patented Microcyn technology using stabilized hypochlorous acid (HOCl), is currently stocked in 3,600 Walmart locations,…

Canaan Inc. (NASDAQ:CAN) reported second-quarter revenue of $100.2 million on Thursday, surpassing the company’s own guidance and marking a 39.5% year-over-year increase, yet falling short of analyst expectations of $109.45 million. Following the results, Canaan’s shares declined 2.86%. The crypto mining hardware manufacturer posted a non-GAAP adjusted EBITDA gain of $25.3 million, a notable improvement…