Nuwellis, Inc. (NUWE) Q2 2023 Earnings Call Transcript

Nuwellis, Inc. (NASDAQ:NUWE) Q2 2023 Earnings Conference Call August 8, 2023 9:00 AM ET Company Participants Vivian Cervantes – Investor Relations Nestor Jaramillo – President & Chief Executive Officer John Jefferies – Chief Medical Officer Lynn Blake – Chief Financial Officer Conference Call Participants Jeffrey Cohen – Ladenburg Thalmann Anthony Vendetti – Maxim Group Brooks…

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Beyond Meat: Elevated Costs And Consumer Weakness (NASDAQ:BYND)

Marko Jan/E+ via Getty Images Beyond Meat’s (NASDAQ:BYND) second quarter results were extremely weak, with a reduction in operating expenses the only bright spot. While management remains upbeat about the company’s prospects, the balance sheet is deteriorating and there are questions regarding consumer demand. If margins do not improve dramatically in the coming quarters, the…

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Relying On Remittances And Left Unbanked, The Philippines Needs Bitcoin’s Lightning Network

This is an opinion editorial by Ethan Rose, the founder and CEO of Bitcoin Lightning Network payments provider Pouch.ph. Recently, Binance, the world’s biggest cryptocurrency exchange, successfully implemented Bitcoin’s Lightning Network to enhance the speed and scalability of Bitcoin transactions on its platform. This came after it was forced to halt bitcoin withdrawals for several…

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Trinity Capital: Buy The Dip, It Yields 13.6% (NASDAQ:TRIN)

Charley Gallay/Getty Images Entertainment Trinity Capital’s (NASDAQ:TRIN) fiscal 2023 second-quarter earnings saw the business development company record dual beats on total and net investment income. However, whilst the results reaffirmed the long-term investment pitch of the venture-focused BDC, shareholder cheer turned sour with Trinity announcing a $75 million share offering at a price of $14.45…

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OpenAI Rolls Out GPTBot for Enhanced Web Crawling

The launch of GPTBot comes a few weeks after OpenAI filed a trademark application for “GPT-5”. OpenAI, a US-based artificial intelligence (AI) company, has introduced GPTBot, a groundbreaking web crawling tool designed to enhance future AI models like ChatGPT. According to the company’s blog post, the new AI tool serves as a web crawler, a…

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Cathie Wood Anticipates Multiple Bitcoin ETF Approvals by SEC

The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions. Cathie Wood, the CEO of ARK Invest has expressed belief that the US Securities and Exchange Commission (SEC) may approve multiple spot Bitcoin Exchange-Traded Funds (ETFs) simultaneously. Cathie Wood Shifts Perspective on Bitcoin ETF Cathie Wood shared her…

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BoE Asks Bernanke To Review Economic Forecast

JohnnyGreig The most amusing central bank news in recent years is that the Bank of England asked former Federal Reserve Chairman Ben Bernanke to review its economic forecast after it failed so badly to stop inflation. Bank of England Governor Andrew Bailey said that Mr. Bernanke’s review would help central bankers “take a step back…

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Scammers Release Multiple Copycat PYUSD Tokens

Scammers may continue to cash in on the PayPal stablecoin launch for as long as possible. Bad actors have attempted to take advantage of PayPal‘s launch of its native stablecoin – PYUSD. The launch, which took place barely 24 hours ago, now has competition from several fake tokens sporting the “PYUSD” ticker. A Wave of…

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Monitoring Turkey: Inflation Fever | Seeking Alpha

GOCMEN/iStock via Getty Images By Muhammet Mercan, James Wilson Turkey at a glance According to early indicators in July, moderation in business sentiment, both sectoral and consumer confidence are likely reflecting currency volatility in the aftermath of elections, and that’s hinting at some easing in activity. With a near double-digit monthly increase, annual inflation jumped…

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Kirby Corporation Stock: Wait For Better Price Levels (NYSE:KEX)

John Touscany/iStock Editorial via Getty Images Kirby Corporation (NYSE:KEX) operates domestic tank barges. It operates in two segments Marine Transportation and Distribution and Services. In the marine transportation segment, they offer marine transportation service and transports petrochemicals and refined petroleum products. In the distribution and services segment, they offer after-market service and sell authentic replacement…

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The Bull Market Still Has A Long Way To Go (SP500)

captainsecret/iStock via Getty Images Various indicators suggest investors are getting more confident of a ‘soft-landing’ scenario for the U.S. economy. Not only has inflation remained on a downward trend, but we are also seeing a strong labor market and an unexpected recovery in the labor participation rate that has helped to dampen wage-price inflationary pressures….

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Palantir Meets Analysts’ Expectations in Q2 2023 Results, PLTR Shares Up 2.67%

Palantir Technologies announced a 13 percent increase in Q2 2023 revenue to $533 million and also reported its third consecutive quarter of GAAP profitability. American big data analytics holding company Palantir Technologies Inc (NYSE: PLTR) shares closed Monday trading at $17.99, down 1.15 percent from the day’s opening price. However, the PLTR shares gained approximately…

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Lucid Misses Wall Street Expectations on Q2 2023 Financial Results, LCID Shares Up 3% After Hours

Lucid announced revenue of $150.9 million in Q2 2023 driven by customer deliveries of 1,404 electric vehicles. Luxury electric vehicle manufacturer Lucid Group Inc (NASDAQ: LCID) shares closed on August 7, 2023, trading at $6.41, down 3.17 percent from the day’s opening value. However, Monday’s losses were almost obliterated during after-hours with a 3.12 percent…

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Phillips 66 Stock: Maintain Buy Recommendation Following Solid Q2 Results (NYSE:PSX)

ivanastar Investment Thesis Phillips 66 (NYSE:PSX) released solid Q2 results last week, beating the market estimates in several financial metrics. Despite the stock’s recent rally in the last couple of months, I believe PSX still demonstrates good value for a long-term play, whilst also satisfying income investors thanks to their favorable dividend yield relative to…

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AT&T Stock: When Boring Implies A Stagnation (NYSE:T)

Anne Czichos In the past couple of months I have digged deep to provide you with my analysis and views on AT&T’s (NYSE:T) dividend play and the Company’s growth prospects to potentially capture some incremental gains from price appreciation on top of the ~8% yielding dividend. In the article “Demystifying The Sustainability Of AT&T’s Dividend”…

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MarineMax: Sailing Through Market Cycles With Resilient Growth (NYSE:HZO)

BrooksElliott Introduction As margins are close to have returned to normal levels after a significant surge in demand from 2020 until early 2022, the valuations of MarineMax (NYSE:HZO) have undergone a substantial contraction. This has created an attractive margin of safety, indicating potential undervaluation. Despite the market’s overly pessimistic outlook, I believe the company’s earnings…

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Tactile Systems Technology, Inc. (TCMD) Q2 2023 Earnings Call Transcript

Tactile Systems Technology, Inc. (NASDAQ:TCMD) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Daniel Reuvers – President & Chief Executive Officer Elaine Birkemeyer – Chief Financial Officer Conference Call Participants Simran Kaur – Piper Sandler Margaret Kaczor – William Blair & Company Suraj Kalia – Oppenheimer & Co. Inc. Operator…

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ReShape Lifesciences Inc. (RSLS) Q2 2023 Earnings Call Transcript

ReShape Lifesciences Inc. (NASDAQ:RSLS) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Michael Miller – Rx Communications, IR Paul Hickey – President and CEO Tom Stankovich – CFO Christine Ren-Fielding – Member, ReShape Scientific Advisory Board Conference Call Participants Anthony Vendetti – Maxim Operator Good afternoon, and thank you for…

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Li Auto: The Underdog Disrupting The EV Market (NASDAQ:LI)

martin-dm Investment Thesis Since its foundation in 2015, Li Auto (NASDAQ:LI) has swiftly positioned itself as a leader in the Chinese EV market. The company adopts a unique approach to tackling range anxiety and charging inconvenience through ‘range extenders’, which are small gasoline engines that generate electricity to power its SUV’s battery when an EV…

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BlackRock Stock: Signs Point To Caution Ahead (NYSE:BLK)

georgeclerk BlackRock (NYSE:BLK), one of the world’s best asset management companies, has been an excellent investment over most time frames as the chart below demonstrates. Seeking Alpha BlackRock stands tall as a global leader, offering an extensive range of investment products and services that cater to a diverse clientele, spanning from individual investors to institutional…

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Revenue Upside In 2023 Appears Limited For Information Services Group (NASDAQ:III)

Phiromya Intawongpan A Quick Take On Information Services Group Information Services Group, Inc. (NASDAQ:III) reported its Q2 2023 financial results on August 3, 2023, beating both expected revenue and EPS estimates. The company provides digital transformation consulting and technology services worldwide. I previously wrote about ISG with a Buy outlook. Forward revenue growth expectations are…

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Red Violet, Inc. (RDVT) Q2 2023 Earnings Call Transcript

Red Violet, Inc. (NASDAQ:RDVT) Q2 2023 Earnings Conference Call August 7, 2023 4:30 PM ET Company Participants Camilo Ramirez – Vice President, Finance & Investor Relations Derek Dubner – Chairman & Chief Executive Officer Dan MacLachlan – Chief Financial Officer Conference Call Participants Operator Good day ladies and gentlemen, and welcome to Red Violet’s Second…

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Cara Therapeutics, Inc. (CARA) Q2 2023 Earnings Call Transcript

Cara Therapeutics, Inc. (NASDAQ:CARA) Q2 2023 Earnings Conference Call August 7, 2023 4:30 PM ET Company Participants Matthew Murphy – Manager, IR Christopher Posner – President, CEO & Director Ryan Maynard – CFO Scott Terrillion – Chief Compliance Officer, General Counsel & Corporate Secretary Conference Call Participants Dennis Ding – Jefferies Annabel Samimy – Stifel,…

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