Streetbeat News

Revenues

ZTO

ZTO Express (Cayman) has reiterated its expectation that its parcel volume for 2024 will increase by 15% to 18% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:17 pm

VCNX

Vaccinex (NASDAQ:VCNX) reported a Q1 EPS of $(2.94) and sales of $104.00K, down 81.09% from $550.00K YoY.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:14 pm

SHWZ

Schwazze (OTC:SHWZ) reported its Q1 2024 financial results, showing a 9% increase in overall cannabis sales despite a 10% decline in Colorado sales. The company faced competitive challenges but focused on enhancing retail and wholesale strategies. Key financial metrics include a total revenue of $41.6 million, a net loss of $16.1 million, and a decrease in cash and cash equivalents to $13.2 million. Schwazze continues to expand its retail footprint and improve product performance.

Portfolio Pulse from Nicolás Jose Rodriguez

May 15, 2024 | 10:14 pm

DADA

Dada Nexus (NASDAQ:DADA) reported Q1 sales of $353.45 million, missing the analyst consensus estimate of $374.79 million by 5.69%. This represents a 6.10% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:07 pm

ZTO

ZTO Express (Cayman) reported Q1 adjusted earnings per ADS of $0.37, beating the estimate of $0.33. Sales were $1.38 billion, surpassing the $1.29 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:05 pm

AMZN

SONY

Amazon is expanding its Prime Video content library with new game shows, including 'Pop Culture Jeopardy!' in collaboration with Sony, 'Buy It Now,' 'Wish List Games,' 'Are You Smarter Than a Celebrity?' and 'Beast Games' by MrBeast. These shows aim to cross-promote Amazon's e-commerce platform and attract advertisers.

Portfolio Pulse from Chris Katje

May 15, 2024 | 10:02 pm

CVU

CPI Aerostructures (AMEX:CVU) reported a significant decline in its Q1 earnings and sales compared to the same period last year. The company's EPS dropped by 87.5% to $0.01, and sales decreased by 13.33% to $19.08 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:43 pm

XELA

Exela Technologies (NASDAQ:XELA) reported a Q1 EPS of $(4.27) and sales of $258.81 million, a 5.41% decrease from $273.62 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:42 pm

BMTX

BM Technologies (AMEX:BMTX) reported Q1 earnings of $0.01 per share, significantly beating the analyst estimate of $(0.21). Sales also surpassed expectations, reaching $16.18 million compared to the $15.06 million estimate. This marks a notable improvement from the previous year's losses and sales figures.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:41 pm

SPIR

Spire Global has announced its Q2 revenue expectations to be between $29M and $33M, which is below the estimated $36.119M. The company also expects an adjusted EPS of $(0.31)-$(0.15), compared to the estimated $(0.34).

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:39 pm