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SPY

Major indexes are higher following softer-than-expected July Producer Price Index (PPI) figures.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:44 pm

FLGC

Flora Growth Corp (NASDAQ:FLGC) reported a 27% YoY decline in Q2 revenue to $15.68 million, primarily due to JustCBD's performance. Despite the revenue drop, the company reduced its net loss by 94% and highlighted strategic expansions in Germany, Australia, and the US. Flora Growth's shares closed 1.07% lower at $0.93 per share.

Portfolio Pulse from Nina Zdinjak

August 13, 2024 | 12:41 pm

CSPI

CSP Inc. (NASDAQ: CSPI) reported a significant decline in its Q3 financial performance. The company posted a GAAP EPS loss of $(0.02), a 107.69% decrease from $0.26 YoY. Sales also fell by 25.99% to $13.11 million from $17.71 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:40 pm

LXRX

Lexicon Pharmaceuticals is refocusing its resources on promoting INPEFA for heart failure and preparing for the potential launch of ZYNQUISTA. The company expects to reduce 2025 operating costs by $40 million while fully funding key R&D programs. Additionally, Lexicon plans to reduce its headcount by approximately 50%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:39 pm

STRS

Stratus Properties (NASDAQ:STRS) reported Q2 EPS of $(0.21), a significant improvement from $(0.64) YoY. Sales increased by 140.79% to $8.50M from $3.53M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:37 pm

SIDU

Sidus Space has announced the sale of its FeatherEdge Onboard Computing System to Xiomas Technologies. This marks a significant milestone for Sidus Space as it expands its customer base and showcases the capabilities of its technology.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:34 pm

STRR

Star Equity Holdings (NASDAQ: STRR) reported Q2 2024 adjusted EPS of $(0.29), beating the $(0.47) estimate, but missed sales estimates with $13.48M against $14.15M. Sales increased by 51.61% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:32 pm

SPY

The USA Producer Price Index (PPI) for July came in at 2.2% year-over-year, slightly below the estimated 2.3% and down from the prior 2.7%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:30 pm

SPY

The Producer Price Index (PPI) for July increased by 0.1%, which is below the estimated 0.2%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:30 pm

SPY

The USA Core Producer Price Index (PPI) for July came in at 2.4% year-over-year, below the estimated 2.7% and the prior 3.0%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:30 pm