Streetbeat News

Revenues

CMCSA

The 2024 Summer Olympics in Paris saw a significant increase in U.S. viewership, with over 30 million viewers. Comcast Corporation (NASDAQ:CMCSA) benefited from this surge, potentially boosting its Peacock streaming platform subscribers. A Benzinga poll revealed that 51% of respondents did not watch any events, while Simone Biles and Steph Curry were highlighted as the most compelling athletes.

Portfolio Pulse from Chris Katje

August 14, 2024 | 10:17 pm

ASNS

Actelis Networks reported Q2 revenue of $3.43M, reflecting an 81% year-over-year growth from $1.9M last year. The company also reported a net loss of $78,000 and a Non-GAAP adjusted EBITDA profit of $11,000, marking its first positive quarter since 2022.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:51 pm

DJCO

Daily Journal Corporation (DJCO) reported a 9-month consolidated revenue of $50.058 million, an increase from $46.16 million last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:40 pm

RDW

Redwire has raised its full-year 2024 revenue guidance from $300 million to $310 million, surpassing the estimated $304.342 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:31 pm

RDW

Redwire has signed a definitive agreement to acquire Hera Systems, a privately held company specializing in high-performance spacecraft for national security missions. The acquisition will be financed with Redwire's balance sheet liquidity and is expected to close in the third quarter. Redwire has adjusted its full-year 2024 revenue guidance from $300 million to $310 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:27 pm

USAS

Americas Gold and Silver Corporation (NYSE: USAS) has signed a Credit and Off-Take Agreement with Trafigura PTE Ltd. for the development of its EC120 Project. The agreement provides a secured credit facility of up to $15 million to complete pre-production development, with initial draws expected to be $10 million. The project is anticipated to begin producing high-grade silver-copper concentrate by Q3-2025, significantly boosting the company's silver revenue.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:15 pm

PMNT

Perfect Moment (PMNT) reported a 43% increase in gross revenue for Q1 2025, reaching $1.9 million compared to $1.3 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:14 pm

HCWB

HCW Biologics (NASDAQ:HCWB) reported a significant increase in quarterly losses, with EPS at $(0.40), a 233.33% decrease from $(0.12) YoY. However, sales increased by 49.84% to $180.41K from $120.41K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:07 pm

PEV

Phoenix Motor expects to report $9.4 million in revenue for Q1.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:07 pm

DLO

dLocal Ltd (NASDAQ:DLO) reported mixed Q2 results with an EPS beat but a revenue miss. The company cited currency devaluation in Nigeria and Egypt as factors for the revenue decline, despite strong TPV growth. dLocal revised its full-year outlook due to slower volume ramp-ups and weakening currencies in emerging markets.

Portfolio Pulse from Erica Kollmann

August 14, 2024 | 9:04 pm