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CRMD

CorMedix Inc. (NASDAQ:CRMD) has entered into a multi-year commercial supply contract with a top tier midsized dialysis provider for its product DefenCath. The company received NDA approval for DefenCath on November 15, 2023, and began commercialization in the inpatient setting on April 15th. Outpatient commercialization is expected to start in July, expanding access to over 500 dialysis facilities nationwide.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:43 pm

ETRGF

Entourage Health Corp. reported a 9% YoY increase in Q1 revenue, positive EBITDA, and substantial growth. The company achieved a gross profit of CA$5.8 million and a gross margin of 45%. Despite a loss of CA$6.3 million, the company showed improved profitability and significant growth in its adult-use business.

Portfolio Pulse from Jelena Martinovic

May 28, 2024 | 12:42 pm

SVMH

SRIVARU Holding Limited (NASDAQ:SVMH) has completed its state-of-the-art manufacturing facility in Coimbatore, India, marking a significant step in its mission to revolutionize the electric motorcycle industry in India.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:41 pm

CHCT

HPP

RLJ

SRG

UNIT

The article highlights five oversold real estate stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are RLJ Lodging Trust, Uniti Group Inc., Community Healthcare Trust Incorporated, Seritage Growth Properties, and Hudson Pacific Properties, Inc.

Portfolio Pulse from Avi Kapoor

May 28, 2024 | 12:41 pm

CEI

Camber Energy, Inc. (NYSE:CEI) has received a CDN$3.8 million purchase order for a 3.5MW customized secondary power system from Simson-Maxwell Ltd., its majority-owned subsidiary. The system is expected to be shipped to Iqaluit, Canada, in early 2025.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:39 pm

AYURF

Ayurcann Holdings Corp. reported a 127.7% YoY revenue growth for Q3, with net revenue of CA$6.49 million. The company also saw a significant improvement in gross revenue, net loss, and adjusted EBITDA. Shares closed 1.21% higher at $0.03 per share.

Portfolio Pulse from Nina Zdinjak

May 28, 2024 | 12:37 pm

AAPL

INTC

NVDA

SOXQ

TSM

USD

Taiwan Semiconductor Manufacturing Co (TSMC) leverages Asia's skilled engineers and disciplined work culture for advanced semiconductor production. TSMC is addressing talent shortages by collaborating with universities to set up specialized graduate schools. The company plans to build new fabs in Taiwan and is considering a second plant in Japan. TSMC stock has gained 57% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 28, 2024 | 12:33 pm

AMRC

Ameresco, Inc. (NYSE:AMRC) has begun construction on a $33 million Energy Savings Performance Contract (ESPC) at the U.S. National Archives and Records Administration sites in College Park, Maryland, and Washington, DC. The project aims to achieve significant energy efficiency improvements, resulting in approximately $2 million in annual savings and substantial reductions in fossil fuel, water, and electricity usage.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:33 pm

EVAX

Evaxion Biotech (NASDAQ:EVAX) reported Q1 earnings of $0.03 per share, significantly beating the analyst estimate of $(0.56). Sales also surpassed expectations, coming in at $51,000 compared to the $37,000 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:30 pm

PXDT

Pixie Dust Technologies projects a significant revenue increase for FY24, expecting 1.00 – 1.02 billion yen, up 41.9%-44.7% from the previous fiscal year.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:26 pm