Streetbeat News

Revenues

POAI

Predictive Oncology reported a Q1 EPS of $(1.04), a decline from $(0.86) year-over-year. However, sales increased to $419.6K from $239.9K YoY.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:03 am

MNDY

Monday.Com (NASDAQ:MNDY) reported Q1 2024 earnings of $0.61 per share, surpassing the analyst estimate of $0.40 by 52.5%. The company also reported sales of $216.913 million, beating the estimate of $210.419 million by 3.09%. This represents a 33.69% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:03 am

BITF

Bitfarms announced that it is on track to achieve its guidance of 21 EH/s and 21 w/TH in 2024.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:02 am

RDCM

Radcom (NASDAQ:RDCM) reported Q1 2024 earnings of $0.18 per share, beating the analyst estimate of $0.17. Sales were $14.123 million, surpassing the $13.363 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:01 am

DTST

Data Storage (NASDAQ:DTST) reported Q1 2024 earnings of $0.05 per share, beating the analyst estimate of $0.03 by 66.67%. The company also reported sales of $8.236 million, surpassing the $7.300 million estimate by 12.82%. This represents a 19.71% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:01 am

TRIN

Trinity Capital has announced new growth capital for Elevate, which will be used to increase working capital, scale operations, and fund growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:00 am

TRIN

Trinity Capital Inc. (NASDAQ:TRIN) has committed $25 million in growth capital to Elevate K-12, a company providing live online teaching for K-12 classrooms. This investment will help Elevate expand its operations and address teacher vacancies in the U.S.

Portfolio Pulse from Anusuya Lahiri

May 15, 2024 | 11:00 am

XIACF

Xiaomi Corp (OTC:XIACF) has delivered its 10,000th electric sedan within 43 days of starting deliveries. The company aims to deliver 100,000 units this year, with significant interest and demand for its SU7 model.

Portfolio Pulse from Anan Ashraf

May 15, 2024 | 10:56 am

DIA

GLD

QQQ

SPY

UNG

USO

U.S. stock markets closed higher with the Nasdaq reaching a record high. The S&P 500 and Dow Jones also saw gains, driven by reassurances from Federal Reserve Chair Jerome Powell and anticipation of the consumer inflation report. U.S. producer prices increased by 0.5% in April. The technology sector led gains while consumer staples declined. Commodities like gold, silver, and copper saw price increases, with copper hitting a two-year high.

Portfolio Pulse from Akanksha Bakshi

May 15, 2024 | 10:46 am

CTEC

NXT

TAN

Nextracker Inc. (NASDAQ:NXT) shares are trading higher premarket after reporting better-than-expected Q4 financial results. Revenue rose 42% to $736.5 million, beating the consensus of $681.93 million. Adjusted EPS of $0.96 surpassed the street view of $0.78. The company also reported a record backlog of over $4 billion and strong demand in both U.S. and international markets. For FY25, Nextracker expects revenue of $2.8 billion-$2.9 billion and adjusted EPS of $2.89-$3.09. Investors can gain exposure via Invesco Solar ETF (NYSE:TAN) and Global X CleanTech ETF (NASDAQ:CTEC).

Portfolio Pulse from Lekha Gupta

May 15, 2024 | 10:46 am