Streetbeat News

Revenues

TSM

TSMC's production capacity for CoWoS packaging is expected to grow at a CAGR of over 50% through 2028, according to DIGITIMES Research.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:27 pm

BIAF

bioAffinity Technologies (NASDAQ:BIAF) reported Q2 EPS of $(0.19), an improvement from $(0.20) YoY, and sales of $2.40M, a significant increase from $19.74K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:27 pm

DGLY

Digital Ally Inc (NASDAQ:DGLY) shares surged by 62% to $1.38 after the company was granted a U.S. Patent for a system that tracks and analyzes drivers within a fleet of vehicles. This system addresses critical needs in fleet management, such as real-time monitoring, incident reporting, and driver behavior analysis, potentially leading to new contracts or partnerships and boosting revenue projections.

Portfolio Pulse from Henry Khederian

August 14, 2024 | 1:25 pm

IPWR

Ideal Power (NASDAQ:IPWR) reported Q2 EPS of $(0.31), an improvement from $(0.37) YoY, but missed sales estimates significantly with $1.33K against the expected $100.00K.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:23 pm

BABA

PNQI

SE

XNTK

Alibaba's Lazada achieved its first monthly profit in July 2024, driven by AI-enabled operations and improved logistics. Despite this, Lazada faces strong competition from Sea Limited's Shopee. Alibaba's international commerce retail business saw a 45% revenue increase in Q4, but its stock has declined over the past year due to domestic challenges.

Portfolio Pulse from Anusuya Lahiri

August 14, 2024 | 1:23 pm

MPTI

M-Tron Industries (AMEX:MPTI) reported Q2 earnings per share of $0.63, beating the analyst estimate of $0.50 by 26%. Sales were $11.81M, surpassing the $11.20M estimate and marking a 16.45% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:17 pm

CRKN

Crown Electrokinetics has reiterated its Q3 revenue forecast of $8.0 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:13 pm

GLASF

Glass House Brands (OTC:GLASF) reported a record Q2 2024 with $53.9 million in revenue, a 21% YoY increase. Gross profits rose to $28.7 million, and adjusted EBITDA improved to $12.4 million. Despite a net loss of $10 million, the company projects Q3 revenue between $65 million and $67 million.

Portfolio Pulse from Nicolás Jose Rodriguez

August 14, 2024 | 1:13 pm

CRKN

Crown ElectroKinetics (NASDAQ:CRKN) reported a Q2 GAAP EPS loss of $(5.89) per share, a significant increase from the $(2.72 thousand) per share loss YoY. Sales rose to $4.65 million, a 12.46K percent increase from $37.00 thousand YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:11 pm

ELAB

Elevai Labs (NASDAQ:ELAB) reported a Q2 EPS of $(0.08), an improvement from $(0.13) YoY, and sales of $605.53K, up 91.30% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:10 pm