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Revenues

VEEV

Veeva Systems (NYSE:VEEV) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.36%. A $1000 investment in VEEV 10 years ago would be worth $7,352.23 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 8:30 pm

KNSL

Kinsale Capital Group (NYSE:KNSL) has significantly outperformed the market over the past 5 years, delivering an average annual return of 32.12%. A $100 investment in KNSL 5 years ago would now be worth $398.25. The company's current market capitalization is $8.88 billion.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 8:30 pm

ZCAR

Zoomcar Holdings shares are trading higher following the company's announcement of expected revenue growth and reduced net loss for FY24.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:19 pm

ZCAR

Zoomcar Holdings reported an increase in total revenue for FY24 to $9.8M from $8.6M in 2023. The company also expects a decline in net loss for FY24 to $34M from $62M in 2023.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:18 pm

AAPL

AMZN

HD

MSFT

QQQ

SPY

Retail and tech stocks, including Amazon, Home Depot, Apple, and Microsoft, typically perform well in July due to promotional events. ETFs like SPDR S&P 500 ETF and Invesco QQQ Trust also show strong performance in July.

Portfolio Pulse from Michael Juliano

July 02, 2024 | 8:15 pm

BNL

Broadstone Net Lease (BNL) is simplifying its healthcare portfolio, reducing its healthcare exposure from 17.6% to 11.3% of ABR by the end of 2023. The company has sold 38 healthcare properties for $262.2 million and is in the process of selling an additional 15 properties.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:13 pm

CIFR

Cipher Mining Inc. (NASDAQ:CIFR) released its unaudited production and operations update for June 2024. The company mined 176 Bitcoin, sold 103 Bitcoin, and holds 2,209 Bitcoin. They have deployed 75,000 mining rigs and have an operating hash rate of 8.61 EH/s.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:13 pm

SLP

Simulations Plus has decided to discontinue its quarterly cash dividend and reallocate these funds to growth initiatives aimed at generating long-term shareholder value. The final dividend of $0.06 per share will be paid on August 5, 2024, to shareholders of record as of July 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:10 pm

SLP

Simulations Plus has released its fiscal year 2024 guidance, projecting EPS between $0.46 and $0.48, which is below the estimated $0.55. Revenue is expected to be between $69M and $72M, close to the estimated $70.88M. The company anticipates revenue growth of 15-20%, with a software mix of 55-60% and services mix of 40-45%. Adjusted diluted EPS is projected to be $0.54-$0.56.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:09 pm

CDMO

Avid Bioservices has projected its FY25 revenue to be between $160 million and $168 million, compared to the estimated $164 million.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:08 pm