Streetbeat News

Revenues

ORLA

Orla Mining reported Q1 2024 adjusted earnings of $0.05 per share, surpassing the $0.04 estimate, with sales of $67.30M also beating the $63.38M estimate. This represents a 25% increase in earnings and a 31.62% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 9:53 pm

DJCO

Daily Journal Corporation reported a significant increase in its H1 consolidated revenues, reaching $32.56 million, up from $28.45 million in the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 9:46 pm

MOBX

Mobix Labs projects its Q4 2024 revenue to be between $2.6M and $3.2M.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 9:33 pm

MOBX

Mobix Labs projects its Q3 2024 revenue to be in the range of $1.8M to $2.2M.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 9:33 pm

CURLF

Wedbush Securities upgraded Curaleaf Holdings, Inc. (OTC:CURLF) to Outperform, raising its 12-month price target to $7.00. Curaleaf, the largest U.S. cannabis company by market cap, reported Q1 2024 revenue of $338.9 million and projects $1.5 billion in revenue for 2025. The company is expanding domestically and internationally, with new product lines expected to contribute to long-term growth. Updated guidance anticipates consistent quarterly revenue growth, with a 2025 EBITDA forecast of $404 million.

Portfolio Pulse from Nicolás Jose Rodriguez

May 14, 2024 | 9:32 pm

MOBX

Mobix Labs reported a significant improvement in its Q2 2024 earnings with an EPS of $(0.21), up from $(0.94) year-over-year. Revenue also saw a substantial increase to $1.145M from just $32K in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 9:31 pm

AYRWF

CRLBF

CURLF

GTBIF

TCNNF

VRNOF

Smart and Safe Florida has launched a campaign with four ads advocating for the legalization of recreational marijuana in Florida, known as Amendment 3, set for a vote in November 2024. The campaign, supported by major cannabis companies including Trulieve, Verano Holdings, Curaleaf Holdings, AYR Wellness, Cresco Labs, Green Thumb Industries, and INSA, has spent over $5 million on ads. Trulieve alone has contributed over $40 million towards the initiative. The ads emphasize the benefits of a regulated market, including safety, revenue for schools, and freedom from outdated laws.

Portfolio Pulse from Maureen Meehan

May 14, 2024 | 9:21 pm

PXLW

Pixelworks anticipates Q2 total revenue of $8M-$9M, significantly below the estimated $16.5M, with an adjusted EPS loss of $(0.16)-$(0.13), worse than the estimated $(0.07). The company attributes the shortfall to near-term headwinds in its mobile business but expects a return to sequential growth in H2. The anticipated non-GAAP gross profit margin is between 50% and 52%.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 9:18 pm

CHCI

Comstock Holding Co (NASDAQ:CHCI) reported a 28.57% increase in Q1 EPS to $0.09 from $0.07 YoY and a 3.16% increase in sales to $10.60M from $10.28M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 9:14 pm

PBH

Prestige Consumer Healthcare projects its FY25 revenue growth to be around 1%, with an EPS range of $4.40-$4.46, which is below the estimated $4.62.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 9:02 pm