Streetbeat News

Earnings

NVEE

NV5, a provider of professional and technical engineering and consulting solutions, has acquired Technical Design Services (TDS), a company specializing in data center and technology infrastructure design. The acquisition was made through a combination of cash and stock and is expected to be immediately accretive to NV5's earnings, indicating a positive impact on the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:07 pm

MYNZ

Mainz Biomed reported its Q3 earnings with an EPS of $(0.39), which is consistent with the previous year's results. The company's sales increased to $181.00 from $96.8 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:07 pm

AUGX

BBLG

BIVI

HSCS

IMPL

MEIP

MNPR

NVIV

SNGX

STRM

TTOO

VYGR

In Thursday's pre-market session, several healthcare stocks showed significant movement. Bone Biologics (BBLG) saw a 64.3% increase after their Q3 earnings report. InVivo Therapeutics (NVIV) rose 24.66%, Heart Test Laboratories (HSCS) by 14.33%, BioVie (BIVI) by 13.33%, and Soligenix (SNGX) by 12.24%. T2 Biosystems (TTOO) also rose by 10.85%. On the downside, Augmedix (AUGX) fell by 24.5%, MEI Pharma (MEIP) by 13.91%, Voyager Therapeutics (VYGR) by 10.85%, Impel Pharmaceuticals (IMPL) by 10.69%, Streamline Health Solutions (STRM) by 10.57%, and Monopar Therapeutics (MNPR) by 10.45%.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 1:06 pm

CSCO

KLTR

MAXN

MOVE

WAVD

In Thursday's pre-market session, several IT stocks showed significant movement. WaveDancer's stock soared by 101.3% after its Q3 earnings report from 3 days ago. Movano and Kaltura also saw gains of 19.69% and 19.44%, respectively, following their recent earnings reports. GSE Systems and NICE similarly moved up post-earnings. Conversely, Alpine 4 Holdings, Cisco Systems, Data I/O, Maxeon Solar Technologies, ReAlpha Tech Corp, and Peraso experienced declines, with Cisco and Maxeon reacting to their earnings reports from the previous day.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 1:06 pm

PLCE

Children's Place reported Q3 adjusted earnings of $3.22 per share, missing the $3.56 estimate. However, their sales of $480.23M exceeded the $471.82M estimate.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:06 pm

BABA

Alibaba Group Holding Limited (NYSE: BABA) reported Q2 FY23 revenue of $30.81 billion, surpassing estimates of $30.77 billion, with adjusted earnings per ADS at $2.14, beating the consensus of $2.11. Revenue growth was seen across multiple segments, with Alibaba International Digital Commerce Group showing a 53% increase. However, Alibaba's Cloud Intelligence Group faces uncertainties due to new U.S. semiconductor embargoes. Alibaba has paused the Freshippo IPO and is preparing for external fundraising for its International Digital Commerce Group. Cainiao is applying for an IPO in Hong Kong. Jack Ma's family trust plans to sell 10 million ADSs worth approximately $871 million. Alibaba announced a FY23 dividend of $1.00/ADS. BABA shares dropped 7.94% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 16, 2023 | 12:58 pm

SSYS

Stratasys has updated its FY23 adjusted EPS guidance to $0.10-$0.14, down from the previous range of $0.12-$0.24. This new guidance is below the consensus estimate of $0.17.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:44 pm

SSYS

Stratasys has updated its FY23 sales forecast, now expecting sales to be between $620M-$630M, which is lower than its previous guidance of $630M-$670M and below the consensus estimate of $640.89M.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:43 pm

SSYS

Stratasys (NASDAQ:SSYS) reported Q3 adjusted EPS of $0.04, surpassing the $0.03 estimate, and sales of $162.13M, slightly beating the $161.25M estimate. However, these figures represent a 20% decrease in EPS and a 0.04% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:39 pm

FMC

FMC Corp. has projected its fiscal year 2026 revenue to be between $5.5 billion and $6.0 billion.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:38 pm