Streetbeat News

Earnings

SNDL

SNDL Inc. reported an improvement in its Q3 earnings per share (EPS), posting C$(0.08) compared to C$(0.41) year-over-year (YoY). Sales also increased to C$237.59 million from C$230.50 million YoY.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:13 pm

RAPT

RAPT Therapeutics reported a Q3 EPS loss of $(0.82), missing the consensus estimate of $(0.75) by 9.33%. This represents a 30.16% increase in losses compared to $(0.63) per share in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:13 pm

KALA

Kala Pharmaceuticals (NASDAQ:KALA) reported a Q3 EPS loss of $(3.41), missing the consensus estimate of $(2.15) by 58.6%. However, this represents a 61.77% improvement from the $(8.92) per share loss in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:11 pm

GRCL

Gracell Biotechnologies (NASDAQ:GRCL) reported a Q3 EPS loss of $(0.10), outperforming the consensus estimate of $(0.20) by 50%. The reported loss shows a significant improvement from the $(0.35) per share loss in the same quarter of the previous year, indicating a 71.43% year-over-year reduction in losses.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:08 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) shares dropped approximately 2% in Monday's pre-market sessions, following a 40% decline on Friday after the company reported Q3 financial results that were below expectations. The company issued a going concern warning due to a $3.8 billion deficit, negative cash flows, and projected operating losses. The poor financial performance was attributed to supply challenges in the North American hydrogen network, with net revenue of $198.71 million and a net loss of 47 cents per share. Concerns about the company's ability to continue operations over the next 12 months have been raised.

Portfolio Pulse from Henry Khederian

November 13, 2023 | 1:07 pm

BTM

Bitcoin Depot reported a Q3 revenue of $179.5 million, marking a 3% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:07 pm

PASG

Passage Bio (NASDAQ:PASG) reported a Q3 loss of $(0.49) per share, missing the consensus estimate of $(0.46) by 6.52%. The reported loss is the same as the loss reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:07 pm

DOGZ

FFIE

FRSX

FUV

GENI

JOAN

PRPL

In Monday's pre-market session, several consumer discretionary stocks showed significant movement. Dogness (DOGZ) rose 18.8%, Faraday Future (FFIE) increased by 12.48% following their Q3 earnings release, and JOANN (JOAN) went up by 11.74%. Other gainers included Arcimoto (FUV), Purple Innovation (PRPL), and Foresight Autonomous (FRSX). On the losing side, Genius Sports (GENI) dropped by 9.3% after their Q3 earnings report, with other decliners being Jianzhi Education Tech (JZ), REE Automotive (REE), Yoshitsu Co (TKLF), Cenntro Electric Gr (CENN), and Zapp Electric Vehicles (ZAPP).

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:06 pm

ACRS

SNES

TCBP

TIVC

VERV

In Monday's pre-market session, several healthcare stocks showed significant movement. Tivic Health Systems (TIVC) saw a 116.8% increase, while SenesTech (SNES) rose by 65.78%. ZyVersa Therapeutics (ZVSA) and Cingulate (CING) also experienced gains. On the downside, TC BioPharm (TCBP) dropped by 89.2%, Aclaris Therapeutics (ACRS) fell by 85.6%, and Verve Therapeutics (VERV) declined by 31.53%. Other stocks such as TRACON Pharma (TCON), Monopar Therapeutics (MNPR), and Singular Genomics Systems (OMIC) also saw decreases. Earnings reports seem to be a driving factor for many of these movements.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:06 pm

DXYN

Dixie Gr (NASDAQ:DXYN) reported a significant improvement in its Q3 earnings with a loss of $(0.15) per share compared to a loss of $(0.55) per share in the same quarter last year. Sales soared to $68.58 billion, marking a staggering increase from $71.76 million reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:06 pm