Streetbeat News

Earnings

PLNH

Planet 13 Holdings (OTC:PLNH), a cannabis company, faces a 55% lag behind peers this quarter due to an ill-timed equity offering and embezzlement issues. Despite this, it trades at a 35% discount with strong growth prospects, especially in Florida. The company has filed a $16.5 million lawsuit against Casa Verde Capital and El Capitan Advisors for alleged fraud. Financially, PLNH saw a decrease in sales but improved EBITDA margins and ended CY23 with $17.3M in cash, expecting $33M post-VidaCann deal. Strategic moves include the VidaCann acquisition and expansion in Florida and Nevada.

Portfolio Pulse from Nicolás Jose Rodriguez

March 19, 2024 | 2:10 am

NCMI

National CineMedia (NCMI) anticipates its Q1 total revenue to be between $34.5M and $35.5M, surpassing the estimated $32.47M.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:18 pm

RAIL

FreightCar America projects its FY24 revenue to be between $520M-$572M, surpassing the estimated $483.8M. The company also anticipates delivering between 4,000 to 4,400 railcars.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:01 pm

RCAT

Red Cat Holdings has announced its Q4 revenue guidance at $7M, aligning with estimates, and anticipates continued double-digit sequential growth into FY25.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 9:58 pm

PRSO

Peraso anticipates its Q1 total net revenue to be between $2.6M and $2.9M, which is below the estimated $3.725M.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 9:55 pm

NCPL

Netcapital (NASDAQ:NCPL) reported Q3 earnings with a significant miss, posting an EPS of $-0.19 against an estimated $0.04. Revenue also declined by $1.22 million from the previous year. Despite beating EPS estimates last quarter, this quarter's results were disappointing.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 9:55 pm

NCPL

Netcapital (NASDAQ:NCPL) reported a significant miss in both earnings and sales for Q3. Earnings per share were $(0.19), missing the $0.04 estimate by 575%, and sales were $1.04M, missing the $2.60M estimate by 59.92%. This represents a decrease of 157.58% in earnings and 53.89% in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 9:49 pm

NCMI

SATS

VSME

In Monday's after-market session, several Communication Services stocks showed notable movements. National CineMedia (NCMI) led the gainers with a 13.7% increase following their Q4 earnings release. Other gainers included VS Media Holdings (VSME), Collective Audience (CAUD), Cumulus Media (CMLS), EchoStar (SATS), and Blue Hat Interactive (BHAT). On the losing side, Outbrain (OB) topped the list with a 5.9% decrease, followed by Treasure Global (TGL), DouYu Intl Hldgs (DOYU), Society Pass (SOPA), GD Culture Group (GDC), and Pop Culture Gr (CPOP).

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 9:33 pm

ACXP

AUGX

OTRK

UPC

In Monday's after-market session, several health care stocks showed significant movement. Ontrak, Universe Pharmaceuticals, and Augmedix were among the top gainers, with Ontrak leading at a 61.0% increase. Conversely, Acurx Pharmaceuticals, Acutus Medical, and Fresh2 Group were the top losers, with Acurx Pharmaceuticals experiencing a 16.6% decline. Notably, Augmedix and Acurx Pharmaceuticals released their Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 9:33 pm

ALPP

BTBT

CMTL

PRSO

RPD

In Monday's after-market session, several Information Technology stocks showed significant movement. Alpine 4 Holdings, Rapid7, and HeartCore Enterprises were among the top gainers, with Alpine 4 Holdings leading at a 33.8% increase. On the downside, Peraso experienced the largest drop of 20.9%, followed by Comtech Telecom and X3 Holdings. Notably, Bit Digital and Peraso released their Q4 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 9:33 pm