Streetbeat News

Revenues

CREV

Carbon Revolution anticipates its Q3 revenue to be between $10M and $11M.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 11:43 am

AAPL

Jim Cramer criticized Apple Inc. (NASDAQ:AAPL) for sending receipts for subscription services at odd hours, such as 3:50 a.m., suggesting it could lead to customers overlooking these emails. This critique comes amid broader scrutiny of Apple's services business, which faces potential legal and regulatory challenges. Apple's billing practices have been questioned by users, with some reporting being charged for subscriptions without receiving bills and difficulties in canceling subscriptions. Additionally, Apple is under investigation by the European Union for potential antitrust violations, alongside Meta Platforms Inc. and Alphabet Inc.'s Google.

Portfolio Pulse from Rounak Jain

April 09, 2024 | 11:42 am

SLG

SL Green Realty Corp. has successfully signed leases for a total of 104,000 square feet of office space at One Madison Avenue, marking a significant leasing achievement for the company.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 11:33 am

ATER

Aterian, Inc. has announced a partnership with Mercado Libre, the leading e-commerce platform in Latin America. This collaboration aims to expand Aterian's market presence in the region by leveraging Mercado Libre's extensive customer base and distribution network. The partnership is expected to enhance Aterian's sales and operational efficiency in Latin America.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 11:16 am

NEOG

Neogen has revised its FY2024 sales guidance downwards to $910M-$920M from the previous estimate of $935M-$955M, below the consensus of $938.16M. The adjustment is due to slower-than-expected recovery in order fulfillment rates, affecting the ability to meet demand. Capital expenditures are still expected to be around $130M, with $100M allocated for the integration of 3M's Food Safety Division.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 11:08 am

CGNT

Cognyte Software projects its FY25 revenue to be $340M, marking an 8.5% growth from the previous year, with an EPS loss of $0.13, better than the estimated loss of $0.18.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 11:06 am

ANIP

ANI Pharmaceuticals announced the launch of Baclofen Oral Suspension, a product with U.S. annual sales of approximately $39 million according to IQVIA data. This launch could potentially increase ANI Pharmaceuticals' market share and revenue in the pharmaceutical sector.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 10:51 am

TPH

Tri Pointe Homes has announced the expansion of its premium lifestyle building operations with new divisions in Florida and the Coastal Carolinas, aiming to enhance its footprint in these regions.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 10:02 am

VVOS

Vivos Therapeutics, Inc. announced that its CARE oral medical devices for treating sleep related breathing disorders, including obstructive sleep apnea, have received full approval for Medicare reimbursement. This approval enables Medicare beneficiaries to receive coverage and reimbursement for the devices, effective immediately.

Portfolio Pulse from Charles Gross

April 09, 2024 | 9:53 am

TSLA

Martin Eberhard, Tesla Inc.'s co-founder and former CEO, criticized the company's decision to cancel the Model 2 project, aimed at creating an affordable EV. He highlighted the importance of affordable EVs in competing with Chinese models, particularly BYD Co.'s lineup, and stressed the need for cost-focused strategies in the EV market. Despite rumors of the project's cancellation, Tesla's chief designer hinted at ongoing development, amidst Tesla facing intense competition from BYD, which overtook Tesla as the world's largest battery EV manufacturer.

Portfolio Pulse from Benzinga Neuro

April 09, 2024 | 9:50 am