Streetbeat News

Revenues

CRLBF

Cresco Labs reported Q1 revenue of $184.295 million and an adjusted gross profit of $95 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:31 am

SPCB

SuperCom (NASDAQ:SPCB) reported a significant improvement in its Q1 earnings, with adjusted earnings per share rising to $0.07 from a loss of $(0.05) YoY. Sales also increased by 7.47% to $6.85 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:30 am

MNDY

Monday.com shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:29 am

ARCO

Arcos Dorados Holdings (NYSE:ARCO) reported Q1 2024 earnings per share (EPS) of $0.14, a 22.22% decrease from $0.18 YoY. However, the company beat sales estimates with $1.081 billion, a 9.10% increase from $990.792 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:27 am

JSDA

Jones Soda Co. reported a 39% year-over-year revenue increase for Q1 2024, reaching $5 million, with significant contributions from its cannabis business, Mary Jones. The company is transitioning from a soda company to a high-growth beverage company, with new product offerings and strategic partnerships. Gross profit margins improved, and net loss decreased slightly. The company also secured a $2 million revolving credit facility.

Portfolio Pulse from Nina Zdinjak

May 15, 2024 | 11:25 am

CHGG

EXPE

PZZA

The article highlights three oversold consumer discretionary stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are Papa John's International, Inc. (PZZA), Chegg, Inc. (CHGG), and Expedia Group, Inc. (EXPE).

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 11:23 am

ZPTA

Zapata Computing Holdings (NASDAQ:ZPTA) reported a significant decline in its Q1 financial performance, with EPS dropping to $(4.09) from $(1.09) YoY and sales decreasing to $1.22M from $1.51M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:18 am

SRAD

Sportradar has updated its fiscal 2024 outlook, raising its revenue forecast to €1.06 billion from €1.05 billion and its Adjusted EBITDA to at least €202 million from €200 million. This represents a 21% year-over-year growth and a 1-percentage point improvement in the full-year growth rate.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:13 am

SATS

Echostar has been awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) contract as part of the U.S. Naval Supply Systems Command Spiral 4 Wireless Products and Services Purchasing Program.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:11 am

XPL

Solitario Resources Corp. (NYSE:XPL) has announced the discovery of three new high-grade gold zones at its Golden Crest project. Assay results from surface sampling revealed significant gold values, with the highest being 57.9 grams per tonne.

Portfolio Pulse from Charles Gross

May 15, 2024 | 11:09 am