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MITQ

Moving iMage Technologies shares are trading higher after the company was awarded a multi-million dollar contract.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:09 am

GRYP

Gryphon Digital Mining reported producing approximately 22 Bitcoin in May, with a Bitcoin efficiency of 24 BTC/EH. The company earned around $1.4 million based on an average May Bitcoin price of $65,071 and held approximately 17 Bitcoin in its treasury at the end of May.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:07 am

MITQ

Moving iMage Technologies (NYSE:MITQ) has secured a multi-million dollar contract for a new Alamo Drafthouse Cinema in Indianapolis, expected to open this summer.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:06 am

VBNK

VersaBank reported its Q2 2024 financial results with a GAAP EPS of C$0.45, down from C$0.48 year-over-year. The bank's sales were C$28.501 million, missing the estimate of C$30.100 million.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:05 am

UNFI

United Natural Foods (UNFI) has provided its financial outlook for FY24, projecting net sales between $30.5 billion and $31 billion, compared to the estimated $30.78 billion. The company also forecasts adjusted EPS in the range of $(0.20) to $0.20, against the estimated $(0.06).

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:05 am

REVG

REV Group (NYSE:REVG) reported Q2 2024 adjusted EPS of $0.39, beating the $0.26 estimate. Sales were $616.9M, surpassing the $601.459M estimate but down 9.44% from last year.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:01 am

UNFI

United Natural Foods (NYSE:UNFI) reported Q3 2024 adjusted EPS of $0.10, beating the estimate of $0.03. However, sales of $7.498 billion missed the $7.515 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:01 am

DIA

GLD

QQQ

SPY

USO

U.S. stock markets closed higher on June 4th, driven by weak labor market data that fueled expectations for a Federal Reserve rate cut. Most S&P 500 sectors ended higher, with notable gains in real estate, consumer staples, and information technology. Asian markets showed mixed results, while European markets advanced. Crude oil and gold showed minor gains.

Portfolio Pulse from Akanksha Bakshi

June 05, 2024 | 11:00 am

LE

Lands' End has revised its FY24 net revenue outlook from $1.33B - $1.45B to $1.36B - $1.45B, with an estimated $1.39B. The company also adjusted its EPS forecast from $0.10 - $0.38 to $0.18 - $0.41, with an estimated $0.19.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 10:55 am

USFD

US Foods has reaffirmed its fiscal 2024 guidance, projecting net sales between $37.5 billion and $38.5 billion, adjusted EBITDA between $1.69 billion and $1.74 billion, and adjusted EPS between $3.00 and $3.20. These figures are in line with or slightly above consensus estimates.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 10:53 am