FINWIRES · TerminalLIVE
FINWIRES

Top Midday Gainers

By

ClearOne's (CLRO) majority stockholder, First Finance, has provided written consent approving the issuance of 12.5 million new common shares to Vivani Medical, a condition required to close its planned merger with Vivani unit Cortigen, the company said in a regulatory filing.

Shares of ClearOne soared 157% amid a surge in intraday trading volume to over 59.7 million from a daily average of about 3.23 million.

Braveheart Bio's (BRVE) unveiled an upsized initial public offering of 21.25 million common shares late Wednesday.

Shares surged 66% as intraday trading volume jumped to over 1.74 million.

Motorola Solutions (MSI) delivered a better-than-expected Q2, driven by continued outperformance from Silvus Technologies in defense markets and a surprise return to growth in its Land Mobile Radio business, Morgan Stanley said in a Thursday research note.

Shares jumped 8.2%, with intraday trading volume rising to more than 1.06 million from the stock's daily average of about 1.13 million.

Price: $9.37, Change: $+5.61, Percent Change: +149.20%

What else is happening in Wire?

Wire

Cirrus Logic Fiscal Q1 Adjusted Earnings, Revenue Rise

Cirrus Logic (CRUS) reported fiscal Q1 adjusted earnings late Wednesday of $1.84 per diluted share, up from $1.51 a year earlier.Analysts polled by FactSet expected $1.81.Revenue in the three months ended June 27 rose to $459.7 million from $407.3 million a year ago.Four analysts expected $460.3 million.The company expects fiscal Q2 revenue of $510 million to $570 million. Analysts project $570.1 million.Cirrus Logic shares fell 3.4% in after-hours trading.

$CRUS
Wire

Tenaris Q2 Earnings, Revenue Fall

Tenaris (TS) reported Q2 earnings late Wednesday of $0.95 per American depository share, down from $0.99 a year earlier.Four analysts polled by FactSet expected $0.83.Revenue in the three months ended June 30 fell to $2.97 billion from $3.09 billion a year earlier.Analysts expected $2.93 billion.Tenaris shares fell 5.5% in after-hours trading.

$TS
Wire

Block Q2 Adjusted Earnings, Revenue Rise

Block (XYZ) reported Q2 adjusted earnings late Wednesday of $1.02 per diluted share, up from $0.62 a year earlier.Analysts polled by FactSet expected $0.87.Revenue in the three months ended June 30 rose to $6.62 billion from $6.05 billion a year earlier.Analysts projected $6.47 billion.Block expects Q3 adjusted diluted EPS of $1.02. Analysts project $1.01.The company increased full-year adjusted EPS guidance to $4.02 from the prior outlook of $3.85. Analysts project $3.90.Block shares fell 1.7% in after-hours trading.

$XYZ