Streetbeat News

Earnings

SOPA

Society Pass (NASDAQ:SOPA) reported Q3 sales of $2.27 million, missing the analyst consensus estimate of $2.63 million by 13.72%. However, this represents a 10.67% increase over the $2.05 million in sales reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:20 pm

CNSP

CNS Pharmaceuticals reported a net loss of $4.5 million in Q3 2023, which is an increase from the $3.4 million loss in the same quarter the previous year. The company's cash reserves stand at $0.9 million.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:19 pm

LMFA

LM Funding America (NASDAQ:LMFA) reported a narrower Q3 loss of $(0.33) per share compared to $(0.51) YoY, with sales of $3.42M surpassing the $3.20M estimate, marking a significant 1.72K% increase from $187.78K in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:16 pm

SLNH

Soluna Holdings reported its Q3 2023 earnings with an EPS of $0, an improvement from a loss of $(0.04) year-over-year. Revenue for the quarter was $5.797 million, a significant increase from $2.068 million in the previous quarter.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:13 pm

WKSP

Worksport (NASDAQ:WKSP) reported a significant increase in Q3 sales, reaching $458.48K, up from $18.35K in the same period last year, marking a 2.40K percent increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:13 pm

CRMD

CorMedix Inc. (CRMD) shares increased by over 19% in pre-market trading due to a narrower-than-expected Q3 loss, reporting a loss of 17 cents per share against the expected 21 cents. Other stocks also showed significant movement in pre-market trading, with notable gainers including Heart Test Laboratories, Inc. (HSCS), AgileThought, Inc. (AGIL), and MGO Global, Inc. (MGOL), among others. On the losing side, Marpai, Inc. (MRAI), reAlpha Tech Corp. (AIRE), and Tivic Health Systems, Inc. (TIVC) saw declines following their respective earnings reports and other company-specific news.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 1:07 pm

ENSV

Enservco Corporation reported its Q3 earnings with an EPS of $(0.13), an improvement from $(0.27) year-over-year. However, revenue decreased to $2.9M from $3.1M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:07 pm

SHOT

Safety Shot Inc announced in an SEC filing that due to the spin-off of SRM Entertainment, Limited, the company anticipates a decrease in revenues from $1,035,762 to approximately $808,778. Additionally, Safety Shot Inc expects a significant increase in its net loss, from $6.7 million to $9.4 million.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:07 pm

BALY

CJET

EVTV

GRBK

HLLY

JOAN

LIND

MGOL

MYTE

NEGG

PETS

TBLT

In Wednesday's pre-market session, several consumer discretionary stocks showed significant movement. MGO Global (MGOL) saw a 38.5% increase after their Q3 earnings report. Ballys (BALY), Newegg Commerce (NEGG), Envirotech Vehicles (EVTV), Holley (HLLY), and MYT Netherlands Parent (MYTE) also experienced gains. Conversely, Lindblad Expeditions (LIND), JOANN (JOAN), ToughBuilt Industries (TBLT), Green Brick Partners (GRBK), PetMed Express (PETS), and Chijet Motor Co (CJET) faced declines, with TBLT's drop following their Q3 earnings release.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 1:06 pm

ASST

FLNT

KBNT

NXPL

SLE

TGL

In Wednesday's pre-market session, several communication services stocks experienced significant movements. Super League Enterprise (SLE), Asset Entities (ASST), and Treasure Global (TGL) were among the gainers after releasing their earnings reports, with increases of 20.4%, 16.19%, and 14.81% respectively. Conversely, Kubient (KBNT), Fluent (FLNT), and NextPlat (NXPL) were among the losers post-earnings, with declines of 30.6%, 17.64%, and 12.69% respectively.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 1:06 pm