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Revenues

ZCAR

Zoomcar Holdings, Inc. (NASDAQ: ZCAR) has launched its first Fulfillment Center in Chennai and plans to add over 100 centers and 1000 cars by December 2024. These centers, operated by third-party service providers, aim to enhance guest experiences and manage car listings for hosts.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:21 pm

SCLX

Scilex Holding Company (NASDAQ:SCLX) has entered a Master Distributor Agreement with Devart Middle East Food Supplements and CH Trading Group to distribute ZTlido in Morocco, Tunisia, Libya, Jordan, Iraq, and South Africa. This agreement aims to expand the commercialization of ZTlido and potentially other non-opioid pain management products in the Middle East and North/South Africa markets.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:08 pm

NKLA

Nikola (NASDAQ:NKLA) reported Q2 2024 adjusted EPS of $(2.67), beating the estimate of $(2.78). Sales were $31.319M, surpassing the $24.671M estimate and showing a 103.87% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:07 pm

LMT

Lockheed Martin has delivered the first of five C-130J Super Hercules tactical airlifters to the New Zealand Ministry of Defence. The Royal New Zealand Air Force will operate a total of five C-130Js.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:04 pm

EGHT

Over the past three months, 6 analysts have evaluated 8x8 (NASDAQ:EGHT), with a mix of bullish and bearish opinions. The average 12-month price target has decreased from $3.17 to $2.67. Analysts from Barclays, Needham, Rosenblatt, Wells Fargo, and Morgan Stanley have adjusted their ratings and price targets, reflecting a cautious outlook. Key financial metrics indicate challenges in revenue growth, profitability, and debt management for 8x8.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 1:01 pm

MODG

Analysts' ratings for Topgolf Callaway Brands (NYSE:MODG) vary from bullish to bearish. The average 12-month price target is $13.86, down from $15.93. Recent analyst actions include several downgrades and one upgrade. Financial metrics show mixed performance with strong net margins and ROE but declining revenue and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 1:01 pm

COLD

In the last three months, 5 analysts have published ratings on Americold Realty Trust (NYSE:COLD), with most being somewhat bullish. The average 12-month price target has increased to $29.6 from $27.75. Analysts have raised their ratings and price targets, reflecting a positive outlook despite recent revenue challenges.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 1:01 pm

UG

United-Guardian (NASDAQ:UG) reported a significant increase in Q2 earnings per share (EPS) and sales. The EPS rose by 110% to $0.21 from $0.10 YoY, and sales increased by 27.93% to $3.39 million from $2.65 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:00 pm

QQQ

SPY

The S&P 500's performance in the three months leading up to the U.S. Presidential election is a strong predictor of the election outcome, with an 83% success rate since 1928. Currently, the S&P 500 is down 0.5%, hinting at a potential Republican win. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust (QQQ) are both trading lower.

Portfolio Pulse from Benzinga Neuro

August 09, 2024 | 1:00 pm

ROAD

Construction Partners shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:56 pm