Streetbeat News

Revenues

ESPR

Esperion has entered into a royalty purchase deal with Omers Life Sciences, receiving $304.7 million in exchange for 100% interest in its royalty entitlement on Daiichi Sankyo Europe's net sales of Bempedoic Acid products in Europe.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:06 am

ASNS

Actelis Networks shares are trading higher following the announcement of a $300,000 order from a new channel partner in Italy for a national transportation infrastructure project.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:01 am

COSM

Cosmos Health shares are trading higher after the company signed an exclusive distribution agreement with Pharmalink for its Sky Premium Life products in the UAE, with an initial purchase order for 130,000 units.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:00 am

TGT

WMT

XLP

Target Corp. (NYSE:TGT) is lowering the threshold for staff to intervene in thefts from $100 to $50 to combat shoplifting, which has impacted its profit margins. This measure, along with other security enhancements, aims to stabilize losses this year.

Portfolio Pulse from Shivani Kumaresan

June 28, 2024 | 10:58 am

CRWS

Crown Crafts (NASDAQ:CRWS) reported a 25% increase in Q4 EPS to $0.10, up from $0.08 YoY, and a 4.47% increase in sales to $22.58M, up from $21.61M YoY.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 10:58 am

AAPL

FXI

Apple's iPhone shipments in China increased by 40% year-over-year in May, driven by significant discounts.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 10:30 am

QH

Quhuo's homestay sector, operated by Chengtu, achieved an average occupancy rate of 79% and a 45% year-over-year increase in sales during the 2024 Labor Day holiday. The peak occupancy rate reached 88%, with a 31% surge in sales on the busiest day.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 10:04 am

HITI

High Tide has inaugurated two new Canna Cabana stores in Alberta and Saskatchewan, marking its 175th and 176th locations in Canada. The company aims to add 20 to 30 new stores by the end of the year, supported by strong free cash flow and potential M&A activities.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 10:03 am

IH

iHuman reported a significant decline in its Q1 adjusted EPADS, dropping to $0.06 from $0.15 year-over-year. Sales also decreased to $32.55 million from $38.62 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 7:34 am

ALAB

Astera Labs, Inc. (NASDAQ:ALAB) is expanding its operations to India by opening a new R&D center in Bangalore. This move aims to leverage the region's engineering talent to develop advanced interconnect technologies for AI and cloud infrastructure.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 7:26 am