Streetbeat News

Revenues

XAIR

Beyond Air has revised its FY25 revenue guidance from $12M - $16M to greater than $10M, with an estimated $13.195M. As of March 31, 2024, the company reported cash, cash equivalents, and marketable securities of $34.5 million.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:26 pm

XAIR

Beyond Air reported a fiscal year 2024 loss of $(1.82) per share, an improvement from $(1.86) per share last year. The company also reported revenues of $1.2 million for the year, compared to zero in the prior year.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:24 pm

MOS

The Mosaic Company (NYSE:MOS) announced its combined April and May 2024 sales volumes and revenue by business segment, showing a decline compared to the same period in 2023. The company reiterated its Q2 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:23 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares rose after the company announced a 35% reduction in material costs by simplifying its production process. The company removed over 100 steps from battery-making, 52 pieces of equipment from the body shop, and over 500 parts from its EV designs. These changes are expected to improve manufacturing efficiency and help Rivian achieve profitability.

Portfolio Pulse from Erica Kollmann

June 24, 2024 | 8:23 pm

HRZN

Horizon Technology Finance Corporation (NASDAQ:HRZN) has secured a new $100 million senior secured credit facility through its subsidiary, Horizon Funding II, LLC. This facility, led by a large U.S. insurance company, can be increased to $200 million. Horizon plans to use this facility to leverage existing investments and deploy additional capital for new investments.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:22 pm

BTCUSD

DJT

MLGO

Bitcoin falls below $60k for the first time since May. MicroAlgo shares surge 288% on high volume. Trump Media shares rise over 20% after raising $69.4M from warrant exercises.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:19 pm

COST

ORN

Orion Group has announced three new contract awards totaling approximately $63 million. The contracts include a $28 million project for Costco Wholesale, a $15 million data center project in North Texas, and a $20 million marine construction project for Port Tampa Bay.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:08 pm

FAAS

NVDA

Digi Tech has secured an allocation of 5,120 NVIDIA H200 GPUs to enhance its AI solutions for the fintech, telecom, and government sectors. The initial deployment is expected in Q4 2024, with plans for global expansion leveraging the Dubai International Financial Center. The market opportunity is estimated at $200-300 billion annually in financial services, with significant growth anticipated from Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:06 pm

POOL

Pool Corporation has revised its FY24 EPS outlook downwards due to weak demand for new pool construction and remodel activity. The company is focusing on managing expenses and generating free cash flow.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:06 pm

POOL

Pool Corporation reports that year-to-date sales are trending down approximately 6.5% from the comparable period in 2023.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:03 pm