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Revenues

SPY

The S&P Global US Manufacturing PMI for May came in at 51.3, surpassing the estimated 50.9 and the previous month's 50. This indicates an expansion in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:48 pm

CXAI

CXApp (NASDAQ:CXAI) reported a Q1 EPS of $(0.34), a significant decrease from $0.20 YoY, and sales of $1.82M, missing the $2.30M estimate.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:23 pm

LI

Li Auto shares are trading higher after the company reported a 23.8% year-over-year increase in May 2024 deliveries.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:21 pm

DSX

Diana Shipping has entered into a time charter contract for its vessel m/v Electra with Aquavita. The contract stipulates a gross charter rate of $14,000 per day, minus a 4.75% commission paid to third parties, for a period extending from a minimum of October 15, 2025, to a maximum of December 31, 2025.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:21 pm

ABT

CVKD

Cadrenal Therapeutics presented new trial data at the ISHLT Conference, highlighting the importance of anticoagulation quality in LVAD patients. The ARIES-HM3 Clinical Study, sponsored by Abbott, showed that tecarfarin, which recently received Orphan Drug Designation from the FDA, has the potential to improve patient outcomes.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:16 pm

LI

Li Auto reported delivering 35,020 vehicles in May 2024, marking a 23.8% year-over-year increase, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:13 pm

LGVN

Longeveron has launched contract manufacturing services, potentially generating $4-5 million annually. The company has signed its first contract with Secretome Therapeutics at its state-of-the-art GMP facility.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:01 pm

SOWG

Analysts have provided mixed ratings for Sow Good (NASDAQ:SOWG) in the latest quarter, with 4 analysts giving bullish ratings. The average 12-month price target has increased to $20.25 from $17.50. Sow Good has shown significant revenue growth and strong financial metrics.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 1:01 pm

CPRX

Catalyst Pharmaceuticals (NASDAQ:CPRX) has received diverse analyst ratings over the past three months, with a mix of bullish and somewhat bullish sentiments. Analysts have set a 12-month average price target of $28.43, with a high of $34.00 and a low of $23.00. The company's financial metrics show strong net margins, ROE, and ROA, but its revenue growth lags behind industry peers.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 1:00 pm

MASI

Over the past three months, six analysts have evaluated Masimo (NASDAQ:MASI), with opinions ranging from bullish to bearish. Recent ratings show a trend towards more positive outlooks, with an average 12-month price target of $155.0, up from $129.67. Analysts have raised their price targets, reflecting a more optimistic view despite Masimo's recent revenue and profitability challenges.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 1:00 pm