Streetbeat News

Revenues

BBJP

DXJ

EWJ

Japan's household spending in March decreased by 1.2% year-over-year, showing an improvement over the estimated 2.3% decline and the previous month's 0.5% decrease. This data could influence investor sentiment regarding Japanese market-focused ETFs such as BBJP, DXJ, and EWJ.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 5:15 am

JUSHF

Jushi Holdings Inc. (OTC:JUSHF) reported its Q1 2024 financial results, showing a revenue of $65.5 million and a net loss of $18.4 million, an increase from the previous year's $12.4 million loss. The gross margin improved to 49.4%, and adjusted EBITDA was $13.3 million, up by $5.7 million year-over-year. The company launched 443 new SKUs and opened its 17th Beyond Hello dispensary in Pennsylvania.

Portfolio Pulse from Nicolás Jose Rodriguez

May 09, 2024 | 11:43 pm

AMN

AMN Healthcare Services projects Q2 2024 revenue to be between $730M-$750M, below the estimated $776.83M. The company anticipates a 24-26% year-over-year revenue decline, with significant drops in the Nurse and Allied Solutions segment (36-38%) and a 12% decrease in the Technology and Workforce Solutions segment. However, the Physician and Leadership Solutions segment is expected to grow by 10%. Financial forecasts include a gross margin of 30.7%-31.2%, operating margin of 3.0%-3.7%, and an adjusted EBITDA margin of 11.0%-11.5%.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 11:40 pm

III

Information Services Group (ISG) projects Q2 revenue to be between $65M-$67M, below the estimated $67.79M, with adjusted EBITDA expected to be $7M-$8M. The company will adjust its business plans based on the macroeconomic environment.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 11:39 pm

TGT

Target Corp. has decided not to sell LGBTQ-themed merchandise in some of its stores during Pride Month in June, following a backlash that negatively impacted its revenue last year. The company, however, plans to offer the full assortment of these products online. This decision comes after considering store-level data to identify which physical locations will not carry the products.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:39 pm

AC

Associated Cap Gr (NYSE:AC) reported a decrease in Q1 EPS to $0.64 from $0.81 YoY, despite a 22.15% increase in sales to $3.01M from $2.46M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:18 pm

RSSS

Research Solutions (NASDAQ:RSSS) reported Q3 sales of $12.115M, surpassing the analyst consensus estimate of $11.938M by 1.49% and marking a 17.14% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:11 pm

BRLT

Brilliant Earth has reaffirmed its fiscal year 2024 revenue guidance, projecting revenues to be between $455 million and $469 million, closely aligning with the estimated $462.717 million.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:09 pm

ORGO

Organogenesis has reaffirmed its 2024 guidance, projecting net revenue to be between $445 million and $470 million, compared to the estimated $454.69 million. This reaffirmation indicates the company's confidence in its financial outlook and growth trajectory.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:08 pm

KRT

Karat Packaging is expected to see its Q2 net sales increase by mid-single digits year-over-year, indicating a positive growth trajectory for the company.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:07 pm