Streetbeat News

Revenues

WMT

Walmart International CEO reports strong growth for Sam's Club in China, with profitability outpacing sales.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:46 pm

NAOV

NanoVibronix (NASDAQ:NAOV) reported a significant improvement in its Q1 financial results, with EPS losses narrowing to $(0.23) from $(0.67) YoY and sales increasing by 160.17% to $921K.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:44 pm

SPCB

SuperCom shares are trading higher following the announcement of an additional $1.8 million contract with a government customer.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:43 pm

SLN

Silence Therapeutics reported Q1 collaboration revenue of £12.4M, an increase of £1M year-over-year. The company's cash position stands at £152.8M.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:42 pm

CLCO

CoolCo (NYSE: CLCO) has entered into a 14-year charter agreement with GAIL (India) Limited for a newbuild LNG carrier, increasing its total revenue backlog to almost $1.9 billion as of March 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:42 pm

DLTNF

Delta 9 Cannabis Inc. reported a slight decrease in Q1 2024 revenue but saw a 10% increase in gross profit. Despite operational losses, the company achieved a positive adjusted EBITDA. Shares traded slightly higher post-announcement.

Portfolio Pulse from Jelena Martinovic

May 16, 2024 | 12:41 pm

UA

UAA

Under Armour Inc (NYSE:UAA) (NYSE:UA) shares are plunging after the company declared gloomy guidance. The company reported a 4.9% decline in Q4 FY24 sales, with wholesale revenue down 7% and direct-to-consumer revenue flat. Apparel, footwear, and accessories revenues also declined. Despite beating EPS estimates, the company incurred an operating loss and provided a weak FY25 outlook, leading to an 8.8% drop in premarket trading.

Portfolio Pulse from Shivani Kumaresan

May 16, 2024 | 12:40 pm

OCTO

Eightco Holdings (NASDAQ:OCTO) reported Q1 earnings per share (EPS) of $0.72, a significant improvement from a loss of $(40.15) per share in the same period last year. However, sales decreased by 39.46% to $9.62 million from $15.89 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:39 pm

MGIC

Magic Software Enterprises has reiterated its revenue guidance for FY24, expecting to achieve between $540 million and $550 million.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:38 pm

MGIC

Magic Software Enterprises reported a decline in Q1 2024 adjusted EPS to $0.23 from $0.26 year-over-year, and a decrease in revenue to $130.7 million from $142.4 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:37 pm