Streetbeat News

Revenues

BV

BrightView's Q4 earnings report shows a mixed performance with a top-line beat but a miss on earnings. Maintenance services revenues declined year-over-year, yet the company highlights transformative growth and is optimistic about fiscal 2025.

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November 14, 2024 | 1:45 pm

NVDA

Nvidia's stock could face challenges in the next year due to slowing growth, falling margins, and potentially peaked valuation multiples.

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November 14, 2024 | 1:45 pm

MIGI

Mawson Infrastructure Group Inc. reported significant growth in its Q3 2024 financial results, with a 222% year-over-year increase in its Digital Colocation Business revenue and a 33% increase in its Energy Management Business revenue. Overall, the company's total revenue increased by 50% year-to-date.

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November 14, 2024 | 1:45 pm

ASML

ASML Holding NV forecasts that the global semiconductor industry will surpass a trillion dollars by 2030, driven by AI advancements. ASML, a key supplier of EUV lithography machines, anticipates a 9% annual growth in semiconductor sales.

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November 14, 2024 | 1:45 pm

ASML

ASML CEO Christoph Fouquet stated that the AI boom is beneficial for ASML, as it increases the demand for advanced logic and memory chips, leading to more sales of ASML's high-end tools.

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November 14, 2024 | 1:45 pm

MU

Micron Technology is seeing improved fundamentals with new product releases and increased R&D spending, leading to a 'Strong buy' recommendation. Analysts predict significant revenue and EPS growth, with FY2025 revenue expected to be 24% higher than FY2022. The company is benefiting from trends in data centers, mobile, and automotive markets.

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November 14, 2024 | 1:45 pm

CVEO

Civeo Corporation, which had been outperforming other micro-caps, is now facing challenges. The company reported a weak Q3 and anticipates a challenging Q4 due to seasonal issues and higher costs in Canada. However, its Australian operations are showing strong growth.

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November 14, 2024 | 1:45 pm

BITF

Bitfarms remains independent after settling with Riot, stabilizing its leadership team. Q3 results showed 8% revenue growth, but increased costs per BTC due to April's halving and higher energy expenses. The company raised $240M YTD through share sales, with liquidity at $145M, but continued share dilution is expected to fund operations.

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November 14, 2024 | 1:45 pm

IMCC

IM Cannabis Corp. (NASDAQ: IMCC) reported a 12% increase in revenue and a 16% decrease in operating expenses for Q3 2024, indicating a strong financial performance and a solid foundation for future growth.

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November 14, 2024 | 1:30 pm

ANGH

Anghami (NASDAQ: ANGH) reported a 28% growth in streaming engagement and an 18% increase in Average Revenue Per User (ARPU) for 2024, highlighting its strong performance and operational excellence in the MENA region.

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November 14, 2024 | 1:30 pm