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Revenues

OESX

Orion has secured a 5-year contract valued at up to $30 million to supply LED lighting fixtures for a major retail customer's new store construction projects. The annual contract value is estimated between $4.5 million and $6 million, with initial shipments starting in fiscal Q3 2025.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:29 pm

AMBO

Ambow Education Holding's shares rose following the announcement of a $1.3 million non-exclusive, annually renewable licensing agreement with Inspiring Futures.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:27 pm

OPTT

Ocean Power Technologies (NYSE:OPTT) has confirmed the shipment of its AI capable Merrows PowerBuoy to a customer in the Middle East, marking a significant step in its low-carbon marine power solutions.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:16 pm

CORZ

Core Scientific reported its September self-mining results, earning 345 bitcoins and selling 370 bitcoins, generating approximately $22.2 million in sales proceeds.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:14 pm

CRNC

Cerence has reaffirmed its Q4 fiscal 2024 revenue guidance, expecting revenue between $44M and $50M, a GAAP net loss of $32M to $28M, and an adjusted EBITDA loss of $19M to $13M.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:12 pm

OPK

ModeX Therapeutics has secured additional funding from BARDA, receiving $35M for COVID multispecific antibodies and $16M for an influenza program. The total BARDA awards for ModeX now stand at $110M, with potential to reach $205M if all options are exercised. This funding supports the development of ModeX's MSTAR technology to address emerging viral threats.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:10 pm

YYAI

Yuanyu Enterprise Management has entered into an exclusive license agreement with Eternity Technology Limited. Eternity will license Yuanyu's matchmaking services for the love and marriage sector, with the agreement expected to generate over $19 million in license income by the end of December 2026.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:08 pm

HAO

Haoxi Health Technology Limited (HAO) reports a significant increase in preliminary FY24 revenue to approximately $48.52 million, up 72% from FY23. The growth is attributed to strategic development in online advertising solutions, particularly short video formats and news feed ads. Gross profit and net income also saw substantial increases.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:04 pm

NXPL

OPK

NextPlat has secured a four-year extension of its e-commerce program with OPKO Healthcare in China and expanded it to Japan. The agreement includes exclusive rights for the Japanese market, a significant e-commerce market with $151 billion in revenue in 2023.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:03 pm

WKSP

Worksport Ltd. (NASDAQ:WKSP) has announced strategic updates and upcoming product launches aimed at accelerating revenue growth. The company, known for its hybrid and clean energy solutions, is preparing for multiple product releases.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:02 pm