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Revenues

NXPL

NextPlat (NASDAQ:NXPL) reported Q2 earnings per share (EPS) of $(0.28), a 16.67% decrease from $(0.24) YoY. However, sales surged by 474.54% to $16.99 million from $2.96 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:11 pm

LIQT

LiqTech International expects Q3 revenue to be between $4.0M and $5.0M, which is below the estimated $5.3M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:10 pm

QUIK

QuickLogic (NASDAQ:QUIK) reported Q2 losses of $(0.05) per share, a 58.33% improvement from $(0.12) per share YoY. Sales were $4.13M, missing the $4.50M estimate but up 41.29% from $2.92M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:10 pm

PSNY

Polestar (NASDAQ:PSNY) has started production of its luxury SUV, Polestar 3, in South Carolina, marking the first Polestar vehicle manufactured in the USA. This move aims to cater to both the US and European markets, complementing existing production in China.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:09 pm

PSQH

PSQ Holdings is set to launch its payments platform with over $200 million in annualized GMV under contract, aiming for $1 billion by the 2024 Christmas season. The Eden feminine care brand will launch in Q1 2025. The company will rebrand 'Credova' to 'PublicSquare' to consolidate its financial technology and marketplace synergies.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:08 pm

POLA

Polar Power (NASDAQ:POLA) reported Q2 earnings of $0.03 per share, a 200% increase from $(0.03) per share YoY. Sales were $4.66M, down 16.46% from $5.58M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:07 pm

IVVD

Invivyd expects to end 2024 with at least $75 million in cash, based on anticipated net product revenue of $150 million to $200 million. The company maintains its guidance, which was based on PEMGARDA being authorized for PrEP of moderate to severe COVID-19 in certain immunocompromised people.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:05 pm

IMNN

Imunon reported a Q2 2024 GAAP EPS of $(0.51), beating the estimate of $(0.60). The company has $5.3M in cash, investments, and accrued interest receivable as of June 30, 2024, and net proceeds of approximately $9M from a registered direct offering. These capital resources are expected to fund operations into Q3 2025.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:04 pm

NVDA

SMCI

Nvidia (NVDA) and Super Micro Computer (SMCI) surged in pre-market trading due to strong AI server demand reported by supplier Foxconn (HNHPF). Foxconn's record June quarter revenue and positive outlook for AI servers contributed to the optimism. Nvidia's upcoming earnings report on August 28 is seen as a key catalyst.

Portfolio Pulse from Shanthi Rexaline

August 14, 2024 | 12:03 pm

JXN

In the last three months, 6 analysts have published ratings on Jackson Financial (NYSE:JXN), all of which are indifferent. The average 12-month price target has increased to $77.0, with a high of $84.00 and a low of $70.00. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Jackson Financial has shown strong financial metrics, including a 178.42% revenue growth rate, a 22.0% net margin, and a debt-to-equity ratio of 0.43.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 12:01 pm