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Revenues

OPTX

Syntec Optics (NASDAQ:OPTX) has secured an order to develop a high-resolution and high numerical aperture lens system for next-generation digital night vision. The terms of the transaction were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:08 pm

NXPI

NXP Semiconductors, eleQtron, and ParityQC have unveiled the first full-stack, ion-trap based quantum computer demonstrator in Germany, commissioned by the DLR Quantum Computing Initiative. This demonstrator aims to enhance quantum expertise and will be accessible to industry and academia.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:04 pm

BOSC

BOS Better Online Solutions (NASDAQ:BOSC) reported Q1 earnings per share (EPS) of $0.13, an 18.18% increase from $0.11 YoY. However, sales decreased by 7.03% to $11.29 million from $12.14 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:03 pm

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AI

CRM

HPQ

NCNO

NTNX

OKTA

PATH

PLTR

PSTG

QQQ

SPY

U.S. stocks are expected to remain weak due to elevated bond yields and mixed earnings. Key economic data, including inflation, jobs, and GDP reports, are on traders' radar. Major ETFs like SPY and QQQ are down in premarket trading. Several companies, including Agilent Technologies and Salesforce, are experiencing significant stock movements due to earnings reports.

Portfolio Pulse from Shanthi Rexaline

May 30, 2024 | 11:47 am

MAXN

Maxeon Solar Technologies has provided its fiscal year 2024 guidance, expecting revenue between $640 million and $800 million, which is below the estimated $891.55 million. The company also anticipates adjusted EBITDA to be between $(160) million and $(110) million, and capital expenditures to range from $70 million to $100 million.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:44 am

MAXN

Maxeon Solar Technologies has provided its Q2 2024 outlook, expecting revenue between $160M and $200M, which is below the estimated $203.80M. The company also anticipates a gross loss between $20M and $0, and capital expenditures between $15M and $25M.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:40 am

PODC

PodcastOne has raised its FY25 revenue guidance from $50M-$55M to $51M-$56M, surpassing the estimated $50.438M.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:37 am

DXLG

Destination XL Group shares are trading lower after the company reported worse-than-expected Q1 sales results and issued weak FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:32 am

RSVR

Reservoir Media has announced its revenue expectations for FY25, projecting between $148 million and $152 million, aligning closely with the estimated $148.874 million.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:30 am

VINO

Gaucho Group Holdings, Inc (NASDAQ:VINO) has launched a new fintech mortgage lending division, Gaucho Open Asset Lending (GOAL), to provide self-financed mortgage options for its luxury vineyard real estate project, Algodon Wine Estates. The company aims to generate $80M-$100M in revenue from vineyard lot sales and plans to expand GOAL's services across Argentina.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 11:30 am