Streetbeat News

Revenues

CVLT

Commvault Systems shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates. Additionally, the company raised its FY25 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:50 pm

SPGI

S&P Global shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance. Additionally, the company increased its adjusted EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:49 pm

ZBRA

Zebra Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:43 pm

KOPN

Kopin Corporation (NASDAQ:KOPN) has received a $1.5 million follow-on contract to supply a near eye thermal imaging vision system for firefighter masks.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:35 pm

AMPX

Amprius Technologies, Inc. (NYSE: AMPX) has been awarded a $1.9 million contract by the U.S. Army to develop a high-energy 500 Wh/kg SiMaxx™ cell for defense applications. The contract will be utilized over the next 18 months to create a large form factor prototype.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:33 pm

GNLN

Greenlane Holdings, Inc. (NASDAQ:GNLN) reported an 80% YoY decline in Q1 revenue to $4.9 million. Despite the drop, the company regained compliance with Nasdaq listing rules and is working on debt restructuring. CEO Barbara Sher highlighted cost reductions and organizational streamlining as key strategies for future growth.

Portfolio Pulse from Nina Zdinjak

July 30, 2024 | 12:30 pm

FAAS

FOA

JFIN

The article highlights three oversold financial stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are DigiAsia Corp (NASDAQ:FAAS), Jiayin Group Inc (NASDAQ:JFIN), and Finance of America Companies Inc (NYSE:FOA).

Portfolio Pulse from Avi Kapoor

July 30, 2024 | 12:29 pm

CAC

Camden National (NASDAQ:CAC) reported Q2 2024 adjusted EPS of $0.81, beating the $0.71 estimate. Sales were $42.829M, surpassing the $41.718M estimate. Despite the beats, EPS decreased by 4.71% YoY, and sales increased by only 0.07% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:27 pm

TRUFF

Red Light Holland Corp. (OTCQB:TRUFF) reported a 20.3% YoY revenue growth for FY 2024, reaching CA$4.7 million. Despite a net loss of CA$7.71 million, the company remains focused on long-term profitability and advocacy for psilocybin access. Shares closed 2.78% lower at $0.035.

Portfolio Pulse from Nina Zdinjak

July 30, 2024 | 12:25 pm

BGCP

BGC Partners, Inc. has provided its Q3 FY24 revenue guidance, estimating between $505 million and $555 million, compared to the consensus estimate of $534.1 million.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:23 pm