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Revenues

DKS

Dick's Sporting Goods (NYSE:DKS) has significantly outperformed the market over the past 5 years, with an annualized return of 44.59%. A $1000 investment in DKS 5 years ago would now be worth $6,221.32.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 8:30 pm

GTLB

GitLab Inc (NASDAQ:GTLB) reported strong Q1 earnings, beating both revenue and EPS estimates. The company saw a 33% YoY revenue increase and raised its full-year guidance. Despite positive results, the stock was down 1.83% in after-hours trading.

Portfolio Pulse from Adam Eckert

June 03, 2024 | 8:28 pm

GLPI

Gaming and Leisure Properties, Inc. (GLPI) will provide $111 million in funding for the landside move and hotel renovation of Belle of Baton Rouge, expected to be completed by September 2025. The project will cost over $141 million, and Queen Casino & Entertainment Inc. will pay an incremental rental yield of 9% on the development funding.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:24 pm

SHFS

Safe Harbor Financial Services Inc. (NASDAQ:SHFS) is revolutionizing the cannabis banking industry with its 'Lead with Lending' strategy, resulting in a 245% increase in net income for Q1. The company is focusing on expanding its credit programs and developing new payment solutions, while also preparing for potential changes in cannabis regulation.

Portfolio Pulse from Patricio Liddle

June 03, 2024 | 8:24 pm

INGN

Inogen, Inc. (NASDAQ:INGN) published a study in the journal Pulmonary Therapy showing that portable oxygen concentrators (POCs) are associated with increased survival and cost-effectiveness compared to other long-term oxygen therapies. The study, using data from the French national healthcare system, analyzed over 244,000 patients and found that POCs improved survival rates and had similar healthcare resource use compared to stationary concentrators, compressed tanks, and liquid oxygen.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:20 pm

CUTR

Cutera has reached a settlement agreement with Lutronic Aesthetics to resolve all litigation and arbitration matters. Lutronic will pay $5.75 million to Cutera within 30 days, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:18 pm

HQY

HealthEquity shares are trading higher after the company reported better-than-expected Q1 financial results and issued FY25 EPS guidance above estimates. Additionally, the company provided FY25 revenue guidance with its midpoint above estimates.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:17 pm

HR

Healthcare Realty Trust (NYSE:HR) has contributed 10 properties to its joint venture with KKR, generating $227 million in proceeds. The company expects further transactions to generate over $300 million by early August. KKR has committed up to an additional $600 million, potentially increasing the JV's value to $1 billion. Healthcare Realty will retain a 20% interest and manage the JV.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:16 pm

OABI

OmniAb announced the publication of a peer-reviewed paper in the Journal of Immunology. The paper discusses engineered chickens producing single-domain antibodies (sdAbs), which form the basis of OmniAb's novel transgenic chicken platform, OmnidAb™, launched in 2023.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:15 pm

GTLB

GitLab has raised its fiscal year 2025 revenue outlook from $725M-$731M to $733M-$737M, and adjusted EPS from $0.19-$0.23 to $0.34-$0.37. This update comes after completing the fiscal year 2025 SSP allocation analysis, which resulted in a $4 million headwind to revenue guidance. Despite this, the company has increased its guidance due to first-quarter top-line outperformance.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:12 pm