Streetbeat News

Revenues

DFLI

Dragonfly Energy forecasts Q2 net sales of $14M-$15M with an estimated EPS loss of $(0.13) - $(0.16). The company anticipates growth in the RV market to benefit its OEM business in 2024.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:56 pm

EVOK

Evoke Pharma has reiterated its fiscal year 2024 net revenue forecast to be around $14 million, aligning closely with the analyst estimate of $14.081 million.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:55 pm

XPON

Expion360 reported a Q1 2024 EPS of $(0.31), a decrease from $(0.29) YoY. Revenue also fell to $971.859K from $1.507M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:52 pm

OTRK

Ontrak Health projects its Q2 revenue to be between $2.4M and $2.8M, falling short of the estimated $3.50M.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:51 pm

AACG

ATA Creativity Global reported its Q1 2024 adjusted EPS at RMB(0.27), which was in line with the previous year's results. The company's revenue for the quarter was RMB48.1 million, showing an increase from RMB42.3 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:49 pm

NU

Nu Holdings Ltd. (NYSE:NU) reported Q1 revenue of $2.7 billion, surpassing analyst expectations and marking a 66.77% increase from the previous year. The company added 5.5 million customers, reaching 99.3 million globally. Nu Holdings' Nubank surpassed 100 million customers in May. The company's diverse financial products have seen significant customer growth. CEO David Vélez highlighted a 23% return-on-equity and growth in net income to $379 million. NU shares saw a 1.49% increase at market close but dropped 1.99% after-hours.

Portfolio Pulse from Erica Kollmann

May 14, 2024 | 8:43 pm

GROV

Grove Collaborative has reaffirmed its FY24 revenue guidance of $215M-$225M, aligning with estimates of $221.889M. The company remains optimistic about achieving sequential revenue growth in the second half of the year and expects to report positive Adjusted EBITDA for the full fiscal year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:41 pm

SNAX

Stryve Foods has reaffirmed its fiscal year 2024 net sales guidance of $24M-$30M, with expectations of volume acceleration in the second half of the year. This is anticipated to significantly improve year-over-year gross margins, increasing quarterly as more volume is achieved.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:38 pm

GCTS

GCT Semiconductor Holding reported a Q1 2024 EPS of $0.03, an improvement from the previous year's $(0.06). Revenue also increased to $3.3M from $3.1M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:38 pm

PIK

Kidpik reported a Q1 EPS of $(0.94), improving from $(1.25) YoY, but saw a significant sales decline to $2.20M from $4.03M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:36 pm