Streetbeat News

Earnings

ANIK

Anika Therapeutics projects FY24 revenue to be between $168M-$173M, below the estimated $179.42M. The company aims for accelerated profitability growth, with a focus on high-growth products. Revenue growth is expected across different product families, with OA Pain Management growing 0% to 2%, Joint Preservation and Restoration by 6% to 10%, and a decline in Non-Orthopedic by 14% to 19%. Adjusted EBITDA is anticipated to be $25M-$30M, a significant increase, reflecting cost savings and new product ramp-ups.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:35 pm

NN

NextNav (NASDAQ:NN) reported Q4 earnings with an EPS of $-0.15, missing estimates by -7%, and revenue increased by $402 thousand year-over-year. The company's past earnings performance shows a pattern of missing EPS estimates, which previously led to a 1.0% drop in share price.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:35 pm

SSSS

SuRo Capital (NASDAQ:SSSS) reported Q4 earnings, beating estimated earnings by 21.0% with an EPS of $-0.11 versus an estimate of $-0.14. Revenue increased by $997 thousand from the same period last year. Despite beating EPS estimates last quarter, the share price dropped by 1.0% the following day.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:35 pm

CHRS

Coherus BioSciences shares are trading lower following the announcement of worse-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:34 pm

GRWG

GrowGeneration projects its FY24 revenue to be between $205M-$215M, which is below the estimated $219.016M.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:33 pm

GRWG

GrowGeneration projects its Q1 2024 revenue to be between $45M and $48M, which is below the estimated $50.50M.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:33 pm

LEN

Lennar Corporation projects its average sales price for Q2 to be between $420,000 and $425,000.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:32 pm

SSSS

SuRo Capital (NASDAQ:SSSS) reported Q4 2023 GAAP EPS of $(0.11), surpassing the $(0.14) estimate, with sales rising 68.15% YoY to $2.460M from $1.463M.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:32 pm

NN

NextNav (NASDAQ:NN) reported Q4 2023 earnings with a GAAP EPS of $(0.15), missing the $(0.14) estimate, and sales of $1.205M, beating the $1.192M estimate. This represents a 25% decrease in EPS and a 50.06% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:32 pm

LEN

Lennar Corporation projects its Q2 new orders to be between 20,900 and 21,300 units, indicating a potential growth or stability in its housing market operations.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:31 pm