Streetbeat News

Revenues

WKSP

Worksport has announced a significant growth in its B2B sales, exceeding 200%. The company has also initiated a pre-order campaign for its new AL4 Tonneau Cover.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:30 am

SXI

Standex International Corporation anticipates higher revenue and operating margins for Q2, driven by increased sales and investments. The recent acquisition of Amran/Narayan Group is expected to positively impact earnings per share in fiscal Q2 2025.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:26 am

GLYC

GlycoMimetics is set to merge with Crescent Biopharma, securing $200M funding to advance their oncology pipeline. The combined company will focus on Crescent's biologics for solid tumors, with key programs including CR-001, CR-002, and CR-003. The funding is expected to support operations through 2027.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:25 am

SXI

Standex International reported Q1 2025 earnings per share of $1.71, meeting analyst expectations, but sales of $170.50 million missed the $181.39 million estimate. This represents a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:23 am

HAYW

Hayward Holdings has updated its FY24 net sales guidance to a range of $1.020 billion to $1.04 billion, slightly adjusting the lower end from the previous range of $1.010 billion to $1.04 billion. This aligns closely with the market estimate of $1.02 billion.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:22 am

HAYW

Hayward Holdings reported Q3 2024 earnings per share of $0.11, surpassing the analyst estimate of $0.10. The company's sales reached $227.569 million, exceeding the expected $223.875 million and marking a 3.30% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:18 am

VERI

Veritone's Digital Media Hub is set to transform Court TV's content management, enhancing accessibility and revenue generation. This partnership aims to unlock new revenue streams through improved content management and licensing.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:17 am

CROX

Crocs has adjusted its FY24 revenue growth forecast to 3% year-over-year, which is at the lower end of its previous guidance of 3%-5%. Additionally, the company expects revenues for its HEYDUDE brand to decline by approximately 14.5%, compared to the prior outlook of a 10%-8% decrease.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:16 am

IVVD

Invivyd reported preliminary Q3 2024 results with $9.3M in PEMGARDA revenue and $107M in cash. The company withdrew revenue guidance due to FDA warnings and aims for profitability in 2025.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:16 am

GLW

Corning has provided a positive outlook for Q4 2024, expecting adjusted EPS between $0.53 and $0.57, surpassing the estimated $0.52. Sales are projected at $3.75 billion, exceeding the $3.67 billion estimate. Management anticipates accelerated year-over-year sales growth and faster EPS growth.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:15 am