Streetbeat News

Revenues

W

Wayfair is planning a four-day exclusive sales event for Black Friday in July, offering up to 80% off on home products from July 26-29.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:13 am

SYRA

Siyata Mobile shares are trading higher following the announcement of new orders for its SD7 handsets and related accessories, valued at over $4.5 million, from US wireless carriers.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:09 am

INFY

Infosys has updated its revenue growth forecast for FY25 to 3%-4% in constant currency, up from the previous 1%-3%. The company also reiterated its operating margin guidance of 20%-22%.

Portfolio Pulse from Anusuya Lahiri

July 18, 2024 | 11:09 am

SYTA

Siyata Mobile anticipates record sales for Q3 ending September 30, 2024, projecting it to be the best sales quarter in the company's history.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:08 am

SYTA

Siyata Mobile has secured new orders for its SD7 handsets and related accessories valued at over $4.5 million from US wireless carriers.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:06 am

EXAI

Exscientia has agreed to acquire GT Apeiron's share of its oral CDK7 inhibitor program, gaining full control of GTAEXS617 and all related intellectual property. Exscientia will pay GT Apeiron $10 million upfront in cash and $10 million in equity, and will take on all existing development costs. The monotherapy dose escalation phase of the ELUCIDATE trial is progressing well, with data expected in the second half of 2024. Exscientia's cash runway is expected to extend well into 2027.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:04 am

MMC

Marsh & McLennan reported Q2 2024 adjusted EPS of $2.41, beating the estimate of $2.40. However, sales were $6.221 billion, missing the estimate of $6.306 billion.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:04 am

VIRT

Virtu Financial (NASDAQ: VIRT) reported strong Q2 earnings, with adjusted EPS of $0.83 beating estimates by 38.33% and a 124.32% increase from last year. Quarterly sales of $385.08M also surpassed estimates by 16.14%, marking a 38.18% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:03 am

PWR

Quanta Services estimates that Cupertino Electric will contribute revenues of $2.325B-$2.425B, adjusted EBITDA of $175M-$195M, and adjusted EPS of $0.40-$0.50 for the full year of 2025.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:02 am

NOK

T

Nokia Corp (NYSE:NOK) reported a significant decline in Q2 2024 net sales, missing analyst estimates and leading to a stock price drop. The company is facing challenges in the 5G equipment market and has revised its annual outlook downward. Nokia's network infrastructure division is undergoing an overhaul, and the company is making strategic moves, including a $2.3 billion investment in AI-driven data center services and plans to sell its undersea cable business. Despite some positive aspects like improved margins and a dividend distribution, the overall outlook remains cautious.

Portfolio Pulse from Anusuya Lahiri

July 18, 2024 | 11:00 am