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Revenues

DASH

Analysts have provided diverse opinions on DoorDash (NASDAQ:DASH) with a recent shift towards bullish sentiment. The average 12-month price target is now $136.65, reflecting an 18.46% increase from the previous target. Recent analyst actions include both upgrades and downgrades, with a notable number of price target raises. DoorDash's financial performance shows strong revenue growth but challenges in profitability and asset utilization. The company's low debt-to-equity ratio indicates a healthy balance between debt and equity.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 12:00 pm

JNVR

Janover announced a 73% increase in organic website traffic for 2023, which has significantly boosted inbound loan applications and lender engagement.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:00 pm

IREN

IREN reported a significant increase in its mining revenue for March, totaling $23.7 million, which represents a 56% increase from February. This growth is attributed to an increased hashrate and a higher Bitcoin price.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:54 am

SNOA

Sonoma Pharmaceuticals announced a recent publication from Australia that highlights the potential of Microdox in managing urinary tract infections (UTIs). This development could signify a significant advancement in the treatment of UTIs, a common health issue worldwide.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:37 am

STAA

STAAR Surgical reported preliminary Q1 net sales exceeding $77M, surpassing estimates of $72.134M, and now anticipates FY24 net sales at the higher end of the $335M-$340M range. U.S. ICL sales hit a record $5M for the quarter. The company's cash and equivalents stood at approximately $248M, with accounts receivable at $70M as of March 29, 2024. STAAR Surgical will discuss detailed Q1 results and FY24 outlook on its earnings call around May 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:11 am

GILT

Gilat Satellite Networks has announced receiving a follow-on order worth over $3M for a public WiFi solution in Latin America, aimed at extending the number of sites in a program focused on social inclusion and bridging the digital divide.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:06 am

CLGN

CollPlant Biotechnologies reported its 2023 GAAP revenues of $11 million, marking a significant increase of $10.7 million from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:04 am

SMPL

Simply Good Foods anticipates its FY24 sales to grow around the mid-point of its long-term growth algorithm of 4-6%.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:04 am

RPM

RPM International forecasts Q4 2024 sales to be roughly flat, with specific segments like CPG seeing low- to mid-single-digit growth, while SPG and Consumer Group sales are expected to decline. For FY 2024, RPM anticipates sales and adjusted EBIT to increase near the midpoint of its previous low-single-digit and low-double-digit to mid-teen growth projections, respectively.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:51 am

BB

BlackBerry Limited (NYSE:BB) shares rose in premarket trading after reporting better-than-expected fourth-quarter FY24 results. Revenue increased to $173 million, surpassing the consensus of $154.8 million, with IoT revenue hitting a record $66 million and Cybersecurity revenue growing to $92 million. Adjusted gross margin improved to 75%, and adjusted EBITDA turned positive at $21 million. Adjusted EPS was $0.03, beating the expected loss of $(0.03). However, the company's FY25 revenue and EPS outlook fell short of expectations, projecting lower than estimated figures.

Portfolio Pulse from Lekha Gupta

April 04, 2024 | 10:18 am