Streetbeat News

Earnings

PPSI

Pioneer Power Solutions' stock trades lower following the announcement of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:08 pm

PPSI

Pioneer Power Solutions (NASDAQ:PPSI) reported a Q4 EPS of $(0.07), missing the $0.01 estimate by 800%, and a 170% decrease from last year's $0.10 EPS. Sales were $7.70M, missing the $10.89M estimate by 29.29%, and a 19.15% decrease from last year's $9.52M.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:07 pm

AACG

GOEV

PIK

PVH

In Tuesday's pre-market session, there were notable movements in the consumer discretionary sector. Kidpik (PIK) led the gainers with a 60.9% increase, while Canoo (GOEV) experienced the largest decline among the losers, dropping 24.3%. Other notable movements included ATA Creativity Glb (AACG), Secoo Holding (SECO), and PVH Corp (PVH), with their stocks moving due to various factors including earnings reports.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 12:07 pm

ACOR

LIFW

In Tuesday's pre-market session, health care stocks showed significant movement. MSP Recovery, Serina Therapeutics, and CareMax were among the top gainers, with MSP Recovery leading at a 61.9% increase. On the downside, Acorda Therapeutics experienced a sharp decline of 75.1%, followed by Gritstone Bio and Verve Therapeutics. Notably, several companies released their Q4 earnings reports, influencing stock movements.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 12:07 pm

SHFS

SHF Holdings (NASDAQ:SHFS) reported a significant improvement in its Q4 earnings, posting $0.10 EPS, a 105.15% increase from a $(1.94) loss per share YoY. Sales also rose by 25% to $4.50M from $3.60M YoY.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:07 pm

MVST

SKYX

VTSI

In Tuesday's pre-market session, VirTra, SKYX Platforms, Lichen China, SolarMax Technology, Freight Technologies, and Royalty Management Holdings saw gains, while Microvast Holdings, GE Aerospace, Pioneer Power Solutions, Terran Orbital, Nauticus Robotics, and OceanPal experienced declines. The movements were largely driven by the release of Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 12:07 pm

SKYX

SKYX Platforms reported Q4 earnings with a loss of $(0.14) per share, missing the $(0.08) estimate by 75%, and a 16.67% decrease from last year. However, their sales of $22.17M exceeded the $21.12M estimate by 4.99%, marking a significant increase from last year's $9.11K.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:06 pm

AVHI

Achari Ventures Hldgs (NASDAQ:AVHI) reported a significant increase in its quarterly losses to $(0.13) per share, a 1200% increase from $(0.01) per share in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:06 pm

OMER

Omeros Corporation (NASDAQ:OMER) reported a Q4 EPS loss of $(0.63), missing the consensus estimate of $(0.55) by 14.55%. This represents a 13.7% improvement over the $(0.73) loss per share from the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:05 pm

ACOR

GRTS

PIK

VTSI

XTIA

VirTra, Inc. (NASDAQ:VTSI) shares surged 20% in pre-market trading after reporting Q4 earnings and sales above expectations. Other stocks also showed significant movement in pre-market trading, with notable gainers including XTI Aerospace, Inc. (NASDAQ:XTIA) and Kidpik Corp. (NASDAQ:PIK), and losers like Acorda Therapeutics, Inc. (NASDAQ:ACOR) and Gritstone bio, Inc. (NASDAQ:GRTS).

Portfolio Pulse from Avi Kapoor

April 02, 2024 | 12:04 pm