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Revenues

PGR

Over the past three months, 20 analysts have evaluated Progressive (NYSE:PGR), with a mix of bullish and bearish opinions. The average 12-month price target has increased by 5.36% to $233.5. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting varied sentiments. Progressive has shown strong revenue growth and return on equity but faces challenges with net margin and debt management.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 12:01 pm

UONEK

Urban One (NASDAQ:UONEK) reported Q1 earnings per share (EPS) of $0.15, up from a loss of $0.06 per share year-over-year (YoY). However, sales decreased by 4.97% to $104.41 million from $109.87 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:58 am

RDW

Redwire has announced that it will provide roll-out solar arrays for Thales Alenia Space's newest geostationary telecommunications satellite product line. This partnership highlights Redwire's capabilities in space technology and could lead to increased revenue and market presence.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:40 am

NICE

NICE shares are trading higher following the announcement of a $100 million contract deal, a new $500 million share repurchase program, and an acceleration of its current $300 million stock buyback.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:39 am

LILM

Lilium has signed a collaboration agreement with Shenzhen's Bao'an District, establishing its APAC regional headquarters in the district through its new Chinese entity, 'Powerful Wing'. Lilium will also conduct certification and validation in China, which is expected to represent about 25% of the global eVTOL market.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:38 am

NOTV

Inotiv, Inc. (NASDAQ:NOTV) has completed its Hillcrest, UK expansion and secured long-term contracts with new customers. The company also extended the maturity date of a $3.7 million OBRC payable note to July 2025. These developments are part of Inotiv's ongoing transformation plan initiated in 2022, which includes site closures, infrastructure investments, and a focus on growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:37 am

NICE

NICE has announced a deal with a total contract value exceeding $100 million. This significant contract is expected to positively impact the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:33 am

CRWD

GDDY

GME

KKR

LUV

NVDA

QQQ

SPY

U.S. stocks are set to open lower on Monday due to concerns over the Federal Reserve's upcoming rate decision and May inflation data. Key stocks in focus include GameStop, Nvidia, CrowdStrike, KKR, GoDaddy, and Southwest Airlines. ETFs SPY and QQQ are also trading down in premarket.

Portfolio Pulse from Shanthi Rexaline

June 10, 2024 | 11:28 am

PERI

Perion Network shares are trading lower after the company cut its Q2 and FY24 revenue outlook.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:26 am

CSIQ

Canadian Solar Inc.'s subsidiary, Recurrent Energy, and SPIC have inaugurated the 446 MWp Marangatu Solar Complex in Brazil. Recurrent Energy owns 30% of the project, which will power approximately 550,000 homes annually and created 2,000 jobs.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:22 am