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Earnings

NEWR

New Relic (NYSE:NEWR) reported Q4 sales of $242.49 million and a loss of $52.46 million. The company's Return on Capital Employed (ROCE) was -0.14%, suggesting inefficient capital allocation. However, Q4 earnings per share of $0.42 beat analyst predictions of $0.22.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 3:02 pm

BMTX

BM Technologies (BMTX) reported Q1 sales of $13.48 million and a loss of $4.96 million, with a Return on Capital Employed (ROCE) of -0.11%. The negative ROCE suggests that management may not be effectively allocating their capital.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 3:01 pm

IMAC

IMAC Holdings reported Q1 sales of $2.09 million and a loss of $3.70 million, with a return on capital employed (ROCE) of -3.71%. The negative ROCE suggests that management may not be effectively allocating their capital.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 3:00 pm

PETS

PetMed Express reported Q4 sales of $62.41 million, but earnings decreased 26752.63%, resulting in a loss of $5.10 million. The company posted a negative Return on Capital Employed (ROCE) of -0.04%, suggesting inefficient capital allocation.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 3:00 pm

QBTS

D-Wave Quantum (NYSE:QBTS) reported Q1 sales of $1.58 million and a loss of $24.61 million, with a Return on Capital Employed (ROCE) of 4.06%. The positive ROCE suggests effective capital allocation, indicating potential for long-term success and favorable returns.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 3:00 pm

GTEC

Greenland Technologies (NASDAQ:GTEC) reported Q1 earnings of $2.46 million, a 416.94% increase from the previous quarter, and sales of $22.15 million, a 15.76% increase since Q4. The company posted a return on capital employed (ROCE) of 0.03%, indicating effective capital allocation.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 3:00 pm

XELB

Xcel Brands reported Q1 sales of $6.05 million and a loss of $5.94 million, with a return on capital employed (ROCE) of -0.09%. The negative ROCE suggests that management may not be effectively allocating their capital.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:59 pm

LOOP

Loop Industries (NASDAQ:LOOP) reported Q4 earnings of $5.42 million, a 635.36% increase from Q3, while sales dropped 49.9% to $12 thousand. The company posted a return on capital employed (ROCE) of 0.16%, indicating effective capital allocation.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:58 pm

FLO

Flowers Foods (NYSE:FLO) reported a 45.5% increase in earnings to $70.71 million and a 41.64% increase in sales to $1.53 billion in Q1. The company posted a return on invested capital (ROIC) of 3.86%, indicating effective capital allocation and potential for higher efficiency and long-term returns.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:58 pm

MSGE

Madison Square Garden (NYSE:MSGE) reported Q3 sales of $201.23 million and a loss of $58.55 million, with a Return on Capital Employed (ROCE) of -0.03%. The company's Q3 earnings per share of $0.42 beat analyst predictions of $-0.14.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:58 pm