Streetbeat News

Earnings

LWLG

Lightwave Logic, Inc. (NASDAQ: LWLG) has released its third quarter 2024 corporate update, highlighting its advancements in electro-optic polymers for data transmission.

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November 13, 2024 | 1:45 pm

XBIO

Xenetic Biosciences, Inc. reported its Q3 2024 financial results, highlighting progress in its DNase-based oncology platform and preparations for human clinical studies. The company ended the quarter with $6.8 million in cash.

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November 13, 2024 | 1:45 pm

OGN

Organon reported solid Q3 2024 results with 4% revenue growth, driven by strong volume growth. The company is acquiring Dermavant for $1.2 billion, which is strategically acceptable but risky due to market competition and high debt.

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November 13, 2024 | 1:45 pm

ED

Consolidated Edison, a utility monopoly in NYC, is rated a Buy due to expected earnings growth and its status as a Dividend King. Despite a recent 5% share price dip, Q3 earnings beat estimates, and 2024 EPS guidance was revised upward. Its dividend yield remains competitive.

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November 13, 2024 | 1:45 pm

LMFA

LM Funding America, Inc. (NASDAQ: LMFA) reported its financial results for Q3 2024, highlighting its operations in cryptocurrency mining and specialty finance.

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November 13, 2024 | 1:45 pm

NOG

Northern Oil and Gas (NOG) reported strong Q3 earnings due to robust production, although sales fell short of expectations. The company projects annual oil production of 73,000-76,000 barrels per day and total production of 120,000-124,000 Boe/d in 2024.

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November 13, 2024 | 1:30 pm

HBM

HudBay Minerals (HBM) reported Q3 earnings of $0.13 per share, surpassing the Zacks Consensus Estimate of $0.05 per share, and improving from $0.07 per share a year ago.

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November 13, 2024 | 1:30 pm

INTZ

Intrusion Inc. (INTZ) reported a narrower-than-expected loss for Q3 2024, with a significant year-over-year increase in sales. The company's performance was bolstered by strong growth in Intrusion Shield revenues and successful deals with the U.S. Department of Defense. As a result, INTZ's stock rose by 12%.

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November 13, 2024 | 1:30 pm

RKLB

Rocket Lab USA Inc. shares surged by 23.7% in premarket trading following the company's announcement of strong demand for its Electron rocket in its third-quarter results.

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November 13, 2024 | 1:30 pm

TRP

TC Energy reported Q3 earnings that surpassed estimates, with a year-over-year increase in revenues. The company projects its 2024 comparable EBITDA to be between C$11.2 billion and C$11.5 billion, and net capital expenditures to range from C$8.1 billion to C$8.4 billion.

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November 13, 2024 | 1:30 pm