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Equity Actions

AGRI

AgriFORCE shares are trading lower following the announcement of an offering of 432.5 million shares by selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 11:28 am

TWKS

Thoughtworks Holding has increased its FY24 revenue forecast to $995M-$1.020B, up from the previous estimate of $980M-$1.010B, and now expects adjusted diluted EPS to be between $0.02 and $0.08, compared to the prior forecast of $0.01 to $0.06. This new forecast surpasses the analyst estimate of $988.52M for revenue and meets the midpoint of the EPS estimate of $0.05.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 11:25 am

ELDN

Eledon Pharmaceuticals has secured a private investment of around $50M through the sale of 13.1M shares at $2.37 each and pre-funded warrants priced at $2.369 per underlying share, exercisable for 7.99M shares.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 11:23 am

TWKS

Thoughtworks Holding projects Q2 revenues to be between $250M-$255M, surpassing the $246.13M estimate. The forecast indicates a year-over-year decline of 13% to 11% in both U.S. dollars and constant currency, with minimal impact from acquisitions. Adjusted EBITDA Margin is expected to range from 5.5% to 7.5%, and Adjusted Diluted EPS is projected to be between $(0.01) to $0.01, based on 323 million diluted outstanding shares.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 11:19 am

BLD

TopBuild has announced a new share repurchase authorization of $1 billion, in addition to the remaining $154 million from a previous authorization, totaling $1.15 billion for stock buybacks. This move reflects the management and Board of Directors' confidence in the company's long-term strategy and commitment to returning capital to shareholders.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:57 am

GP

GreenPower shares are trading lower following the announcement of a proposed public offering of common shares and warrants.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:54 am

GTN

Gray Television's Board of Directors has authorized a buyback program of up to $250 million to repurchase outstanding indebtedness until December 31, 2025.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:50 am

BLMN

Bloomin' Brands has reaffirmed its fiscal year 2024 adjusted earnings per share (EPS) guidance to be in the range of $2.51 to $2.66, aligning closely with the analyst consensus estimate of $2.55. This announcement underscores the company's confidence in its financial outlook and operational performance going forward.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:50 am

J

Jacobs Solutions has updated its fiscal 2024 guidance, narrowing its adjusted EBITDA forecast to $1.540B-$1.585B and its adjusted EPS outlook to $7.80-$8.10, representing a 9% and 10% increase YoY at the midpoints, respectively. This adjustment is slightly below the estimated EPS of $8.08.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:44 am

PINC

Premier Inc. executed a $400M accelerated share repurchase (ASR) transaction during its third quarter, with full settlement expected by the first quarter of fiscal 2025.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:36 am