Streetbeat News

Revenues

IBP

Installed Building Products (IBP) has acquired Thrice Energy Solutions and Gutter Pro Enterprises, adding approximately $14 million in annual revenue. IBP also repurchased $46 million of common stock in June.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:16 pm

VXRT

Vaxart has announced a business update, highlighting that it expects net proceeds from a $40 million offering and reimbursement under the Project NextGen Award of up to $453 million. This funding is expected to extend the company's cash runway into 2026, allowing it to focus on key clinical and regulatory milestones in its COVID-19 and norovirus programs.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:08 pm

XCUR

Exicure (NASDAQ:XCUR) reported a significant improvement in its Q1 earnings per share (EPS), with losses narrowing to $(0.10) from $(0.70) year-over-year. The company also reported $500,000 in sales for the quarter.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:05 pm

TPIC

TPI Composites (TPIC) is divesting its automotive business to Clear Creek Investments. The divestiture is expected to improve TPI Composites' monthly cash flow by approximately $1.7 million over the balance of 2024.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:04 pm

HSII

Heidrick & Struggles International has reaffirmed its Q2 2024 revenue guidance to be between $255 million and $275 million, compared to the estimated $265.690 million.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:03 pm

KEX

Analysts have provided mixed ratings for Kirby (NYSE:KEX) over the past three months, with a majority being bullish. The average 12-month price target has increased to $125.8. Kirby's financial performance shows revenue growth but lags behind industry peers in net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 8:00 pm

ISRG

Intuitive Surgical (NASDAQ:ISRG) has significantly outperformed the market over the past 15 years, delivering an average annual return of 24.0%. A $100 investment in ISRG 15 years ago would be worth $2,509.73 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 8:00 pm

CRWD

CrowdStrike Holdings (NASDAQ:CRWD) has significantly outperformed the market over the past 5 years, delivering an average annual return of 40.43%. A $1000 investment in CRWD 5 years ago would be worth $5,270.27 today. The company's current market capitalization is $95.99 billion.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 8:00 pm

PDD

PDD Holdings (NASDAQ:PDD) has significantly outperformed the market over the past 5 years, with an average annual return of 47.8%. A $1000 investment in PDD 5 years ago would be worth $7,087.35 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 7:30 pm

GWW

W.W. Grainger (NYSE:GWW) has significantly outperformed the market over the past 5 years, delivering an average annual return of 27.56%. A $100 investment in GWW 5 years ago would now be worth $334.38.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 7:30 pm