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Revenues

CAG

Conagra Brands has announced the launch of over 50 new meals and snacks this summer, including single-serve and multi-serve frozen meals, frozen vegetables, and snacks. This expansion aims to enhance their portfolio of leading brands.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:06 pm

EYPT

EyePoint Pharmaceuticals announced significant clinical and regulatory developments for its DURAVYU treatment, including Phase 3 trial designs for wet AMD and positive Phase 2 data. The company will webcast its R&D Day event today.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:06 pm

CDW

CRWD

CrowdStrike has surpassed $1 billion in sales, bolstered by its partnership with CDW. The company has also achieved Diamond Level Partner status.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:05 pm

CNSP

CNS Pharmaceuticals, Inc. (NASDAQ:CNSP) announced a registered direct offering and concurrent private placement of 568,000 shares at $2.45 per share, expected to close on June 27, 2024. The gross proceeds are anticipated to be approximately $1.39 million.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:04 pm

STKL

SunOpta (NASDAQ:STKL) has completed a $26 million expansion at its Modesto, California facility, significantly increasing its oatmilk production capacity by over 60%. This expansion is the second largest capital project in the company's history, aimed at meeting growing customer demand for plant-based beverages.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:04 pm

OPTT

Ocean Power Technologies, Inc. (NYSE:OPTT) has signed a key agreement for the delivery of multiple WAM-Vs to a US Government department. The contract is a Firm-Fixed-Price purchase order on a noncompetitive basis, with revenue recognized over the course of the contract. Financial terms are undisclosed.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:01 pm

GNSS

Genasys has secured an order from Damen Schelde Naval Shipbuilding B.V. to supply LRAD 950NXT systems for the German Navy's F-126 frigate project. The order includes outfitting four frigates with an option for two more. Shipments will begin in September and continue through fiscal years 2025 and 2026. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:01 pm

HOWL

Werewolf Therapeutics (NASDAQ:HOWL) has received mixed ratings from 7 analysts over the past three months, with a majority being bullish. The average 12-month price target is $13.71, slightly down from the previous $14.00. The company faces challenges with a significant revenue decline but shows strong net margin, ROE, and ROA compared to industry averages.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 12:01 pm

MANU

Manchester United is considering selling the naming rights to its stadium, Old Trafford, as reported by The Athletic. This move could generate significant revenue for the club.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:00 pm

TSLA

Morgan Stanley analyst Adam Jonas predicts a decline in Tesla's auto revenue but expects significant growth in its energy segment. Tesla Energy is valued at $36 per share of Jonas's $310 price target, with anticipated revenue of $7 billion in 2024, up 20% from 2023. Tesla's energy margins are expected to surpass auto margins this year.

Portfolio Pulse from Anan Ashraf

June 26, 2024 | 11:59 am