Streetbeat News

Earnings

EP

Empire Petroleum announced its Q4 2023 net sales volumes were 2,011 barrels of oil equivalent per day, with the full year 2023 production reaching 2,099 Boe/day.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:56 am

EP

Empire Petroleum reported a Q4 adjusted EPS of $(0.24), a 300% decrease from $(0.06) YoY, with sales rising 4.10% to $11.17M from $10.73M YoY.

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April 01, 2024 | 10:55 am

ENSV

Enservco reported Q4 earnings with a loss of $(0.07) per share, missing the $(0.05) estimate, and sales of $6.48M, missing the $6.60M estimate. This represents a 50% increase in losses per share from the same period last year and a slight 0.34% decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:50 am

XPEV

XPeng Inc (NYSE:XPEV) shares are up in Monday's premarket session following a report of significant sales growth. In March 2024, XPeng delivered 9,026 Smart EVs, marking a 99% increase over the previous month and a 29% year-over-year increase. The XPENG X9 remained the top-selling all-electric MPV in China. For Q1 2024, the company delivered 21,821 Smart EVs, a 20% increase from the previous year. XPeng also announced strategic partnerships in Thailand, Singapore, and Malaysia, and entered the German market with two Smart EV models. These moves are part of XPeng's plan to expand globally.

Portfolio Pulse from Shivani Kumaresan

April 01, 2024 | 10:45 am

NXU

Nxu reported a significant increase in Q4 sales to $379.00K from $117.00K in the previous quarter, alongside a reduction in net loss to $(2.21)M from $(10.95)M QoQ.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:35 am

AKTX

Akari Therapeutics reported a Fiscal Year 2023 Earnings Per Share (EPS) of $0.00, which remained unchanged from the previous year.

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April 01, 2024 | 10:34 am

LI

Li Auto Inc (NASDAQ:LI) shares surged after reporting a 39.2% year-over-year increase in March 2024 vehicle deliveries, totaling 28,984 units. This boost contributed to a 52.9% rise in first-quarter deliveries to 80,400, surpassing the company's revised forecast of 76,000-78,000 vehicles. Li Auto has now delivered over 700,000 vehicles cumulatively, marking a significant milestone for the Chinese new energy automaker. The company's expansive retail and service network supports its growth.

Portfolio Pulse from Shivani Kumaresan

April 01, 2024 | 10:31 am

AVTX

Avalo Therapeutics reported its FY2023 earnings with an EPS of $(114.00), missing the $(96.00) estimate. However, its sales of $1.92M exceeded the $1.70M estimate.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:20 am

MIGI

Mawson Infra Gr (MIGI) reported Q4 sales of $14.02M, surpassing the $9.75M estimate, marking a 43.79% beat but a 16.81% decrease from last year's $16.85M. The company produced 193 BTC in the quarter.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:10 am

TSQ

Townsquare reaffirmed its Q1 2024 net revenue guidance of $98.5M-$100M, aligning with estimates of $98.64M, and its FY24 revenue guidance of $440M-$460M, close to the $453.47M estimate. Adjusted EBITDA for Q1 is expected to be $17.5M-$18.5M, and for FY24, it's projected to be $100M-$110M.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:08 am