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Revenues

ESI

Element Solutions (NYSE:ESI) reported Q1 adjusted earnings of $0.34 per share, surpassing the $0.32 estimate, a 13.33% increase from last year. However, sales of $575M fell short of the $587.51M estimate, a slight 0.10% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:42 pm

WT

WisdomTree, Inc. outlines its performance, recent milestones, and growth strategy in a letter to stockholders ahead of the 2024 Annual Meeting. The company highlights a 40% stock price increase over the past year, surpassing its 5-year high, and a market capitalization increase of approximately $200 million since the 2023 annual meeting. WisdomTree reports record AUM of $107.2 billion as of March 31, 2024, and significant revenue growth. The letter also addresses the company's expansion into digital assets and blockchain-enabled finance, including the launch of WisdomTree Prime and a Visa Debit Card. It refutes claims made by dissident stockholder Graham Tuckwell, emphasizing the board's support for the current strategic plan and vision. WisdomTree urges stockholders to vote "FOR" all directors to continue its growth trajectory.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:41 pm

PKOH

Park-Ohio Holdings forecasts FY24 revenue growth in the mid-single digit range year-over-year, attributed to strong demand in most end markets for Supply Technologies and Assembly Components, and a robust backlog in Engineered Products. The company also anticipates year-over-year improvements in EPS and EBITDA.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:41 pm

COUR

Coursera projects its Q2 revenue to be between $162M-$166M, below the estimated $177.82M, and forecasts FY24 revenue to be between $695M-$705M, also below the expected $736.45M.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:39 pm

JKHY

Jack Henry & Associates, Inc. (NASDAQ:JKHY) reported Q3 deconversion revenue of $0.8M, with FY24 guidance remaining at $16M. Deconversion revenue, often resulting from customer acquisitions, is excluded from non-GAAP revenue as it does not reflect ongoing operations.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:39 pm

LTC

LTC Properties reported Q1 2024 FFO of $0.69 per share, surpassing the $0.66 estimate, marking a 4.55% year-over-year increase. However, their sales of $33.549M fell short of the $50.951M estimate, a 34.15% miss, though it's a 5.72% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:36 pm

BWMX

Betterware de México (BWMX) clarifies its agreement to sell the Jafra México office building in Mexico City, countering a Bloomberg report about the sale's cancellation. The sale, valued at Ps. 385.7 million, is part of a strategy to offload non-strategic assets and reduce debt. Proceeds will be received over three years, and Jafra México plans to relocate to a more modern, leased office in June 2024 to enhance competitiveness and employee well-being.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:35 pm

PCH

PotlatchDeltic reported Q1 sales of $228.127M, missing the consensus estimate of $229.544M by 0.62%, marking an 11.57% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:29 pm

LGCL

Lucas (LGCL) reported a significant increase in its FY23 financial performance, with revenues reaching $208M, up 92.3% YoY. Gross margin improved slightly to 28.4%, and net income saw a substantial rise of 115% to $11M compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:26 pm

SMPL

The Simply Good Foods Company announced its expectation for OWYN to achieve net sales of approximately $120 million, indicating a positive outlook for the brand's performance.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:24 pm