Streetbeat News

Revenues

PACS

PACS Group reported Q1 earnings of $0.38 per share, surpassing the $0.30 estimate, and sales of $934.72M, exceeding the $892.97M estimate. This represents a 31.03% increase in earnings and a 31.94% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 7:11 am

GROY

Gold Royalty Corp. (GROY) reported a Q1 EPS of $(0.01), meeting analyst expectations and unchanged from last year. Sales surged to $2.89M, a 277.31% increase from $767K YoY.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 7:09 am

ZENV

Zenvia has released its 2024 financial guidance, projecting revenues between BRL$930M and BRL$970M, an adjusted gross margin of 42%-45%, and normalized EBITDA of BRL$120M-BRL$140M.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 7:00 am

ZENV

Zenvia's Q4 sales reached BRL 217.014M, falling short of the BRL 237.260M estimate, marking an 8.53% miss. However, sales grew 24.09% YoY from BRL 174.886M. Normalized EBITDA increased to BRL 29.5M from BRL 23M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 6:58 am

IPHA

Innate Pharma reported a Q1 revenue of €6.6M, a decrease from €26M YoY. The company highlighted its preclinical data for IPH45 and the progression of SAR443579/IPH6101 to Phase 2. It also announced its participation in the AACR 2024 and ASCO Annual Meeting 2024 with several abstracts. Innate Pharma's cash position was reported at €113.9M, with an anticipated cash runway into the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 6:49 am

SONY

Sony Group has released its fiscal 2024 outlook, projecting sales of ¥12.31 trillion ($84.89 billion), an operating margin of 10.4%, and adjusted EBITDA of ¥1.93 trillion ($13.31 billion).

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 6:41 am

INDA

India's Wholesale Price Index (WPI) inflation for April was reported at 1.26%, exceeding the estimated 1.00% and the previous month's 0.53%.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 6:34 am

EWG

Germany's Consumer Price Index (CPI) for April remained steady at 2.2% year-over-year, aligning with both the estimates and the previous month's figure.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 6:09 am

EWU

The U.K. unemployment rate for March remained stable at 4.3%, aligning with estimates and showing a slight increase from the previous rate of 4.2%.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 6:08 am

AMZN

GOOGL

Anthropic, an AI startup backed by Google and Amazon, has launched its Claude chatbot in Europe, aiming to expand its user base and revenue amidst regulatory challenges. The company, founded by former OpenAI employees, is leveraging its cloud-computing partnerships with Amazon and Google to navigate the EU's stringent data usage regulations. Anthropic's focus on responsible and ethical AI, along with its compliance with the EU's AI Act, positions it as a strong competitor in the AI market against rivals like OpenAI and emerging Chinese AI startups.

Portfolio Pulse from Ananya Gairola

May 14, 2024 | 3:02 am