Streetbeat News

Revenues

DEA

Easterly Government Properties has closed a federally leased facility in Orlando, FL with a 20-year term, which is expected to accelerate the company's growth trajectory.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:14 pm

SGD

Safe and Green Development Corporation (SGD) reported Q1 2024 revenue of $49,816, a GAAP net loss of $3,067,671, and an adjusted EBITDA loss of $432,004. Key operational highlights include the sale of the St. Mary's site for $1.35M, acquisition of XENE Real Estate AI Software, and securing financing for the Norman Berry expansion. The company aims to achieve $1M in revenue in Q2 from the St. Mary's sale and expand its XENE subscriber base.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:12 pm

CAVA

CAVA has opened a new 55,000 sq ft manufacturing facility with an initial investment of approximately $35 million. This expansion is expected to enhance their production capabilities.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:11 pm

TOON

Kartoon Studios (NYSE:TOON) reported Q1 EPS of $(0.20), a significant improvement from $(0.74) YoY. However, sales dropped by 57.16% to $6.08M from $14.19M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:08 pm

BTCS

BTCS (NASDAQ:BTCS) reported Q1 2024 earnings per share (EPS) of $0.63, significantly beating the analyst consensus estimate of $(0.05). The company also reported sales of $385.77K, a 23.84% increase from $311.51K in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:07 pm

AMZN

BABA

GOOG

MSFT

Alibaba's Q4 report shows a significant drop in net profit by 86% YoY, despite a 7% revenue growth driven by domestic e-commerce. The company's AI segment showed promising triple-digit growth, while its cloud computing division lagged. Microsoft-backed OpenAI also launched a new AI model, GPT-4o.

Portfolio Pulse from Upwallstreet

May 15, 2024 | 1:05 pm

SHIP

Seanergy Maritime Holdings (NASDAQ: SHIP) reported Q1 2024 adjusted EPS of $0.57, significantly beating the $0.26 estimate. Sales were $38.293M, surpassing the $34.745M estimate. This marks a substantial improvement from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:01 pm

AMC

GME

A trader known as 'Bonk Guy' revealed a seven-figure profit in 48 hours trading AMC and GameStop meme coins on Solana. The AMC/SOL and GME/SOL pairs saw massive gains, significantly outperforming larger meme coins like Dogecoin and Shiba Inu. Bonk Guy suggests that if the narrative around AMC and GME remains strong, their stocks could continue to rise, bringing more attention to decentralized derivatives on Solana.

Portfolio Pulse from Khyathi Dalal

May 15, 2024 | 1:01 pm

ABSI

Six analysts have recently shared their insights on Absci (NASDAQ:ABSI), with a mix of bullish and somewhat bullish ratings. The average 12-month price target for Absci is $8.83, reflecting a 26.14% increase from the previous target. Analysts have maintained or raised their ratings, with price targets ranging from $7.00 to $13.00. Despite revenue challenges and below-average ROE and ROA, Absci's net margin and debt management are strong.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 1:00 pm

NFLX

Netflix is nearing a deal to acquire rights for NFL games, marking a significant push into the sports streaming market.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:54 pm