Streetbeat News

Revenues

BKTI

BK Technologies announced receiving two purchase orders from the USDA Forest Service for 5,620 BKR 5000 radios, as part of a five-year blanket purchase agreement initiated in May 2021. Since June 2021, the USFS has purchased over 22,000 BKR 5000 radios, transitioning from BK Technologies' KNG Portable Series.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:47 pm

VCNX

Vaccinex reported its FY23 earnings with an EPS of $(43.68), showing a significant improvement from last year's $(98.05). Revenue also increased to $570K from $275K YoY.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:44 pm

PAYX

Paychex, Inc. (PAYX) has projected its revenue growth for fiscal year 2024 to be between 5% and 6%. This forecast indicates a positive outlook for the company's financial performance in the upcoming year.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:40 pm

MIRM

Mirum Pharmaceuticals, Inc. (NASDAQ:MIRM) announced that Canada's CADTH recommended public reimbursement for LIVMARLI for treating cholestatic pruritus in Alagille Syndrome patients. This follows Health Canada's authorization of LIVMARLI in 2023, marking it as the first and only approved medication for this condition in Canada. The recommendation is based on the ICONIC study's data, showing significant reductions in pruritus and serum bile acids. LIVMARLI is also approved in the U.S. and Europe for ALGS and PFIC.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:37 pm

LOBO

LOBO EV Technologies Ltd. (NASDAQ:LOBO) has announced a strategic collaboration with Serbian distributor CSM2017 Doo to expand its e-bicycle business in Serbia, marking a significant step in its Eastern European market expansion. The partnership focuses on the development and assembly of the CSM-01 e-bicycle model, with revenue generation expected to begin in Q2 2024. This move aligns with the growing demand for sustainable transportation in the region and leverages the growing European e-bicycle market, which is projected to reach $8.1 billion by 2030.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:34 pm

PAYX

Paychex reported Q3 adjusted EPS of $1.38, surpassing the $1.37 estimate, marking a 6.98% increase from last year. However, their sales of $1.44B fell short of the $1.46B estimate, a 4.20% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:31 pm

GENE

Genetic Technologies Limited (NASDAQ:GENE) reports significant positive impact from its new digital strategy on social media engagement and consumer reach, predicting a surge in the adoption of risk assessment tests. This strategy, led by Dr. Malcolm Bohm, has resulted in increased interactions, engagement, and website traffic, indicating growing interest in genomics-based health and wellness tests. The company's approach is contributing to a shift towards proactive healthcare, with an increasing number of healthcare professionals in the US and Australia referring patients to GTG's services.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:31 pm

GDHG

Golden Heaven Group Holdings Ltd. (GDHG), an amusement park operator in China, announced a collaboration with Nanping City Dacheng Culture Communication Co., Ltd. to lease land for various activities. The agreement, effective from March 29, 2024, to March 28, 2025, involves a lease payment of RMB6 million. This collaboration aims to enhance park utilization and guest experience, potentially increasing revenue and guest attraction through diverse activities.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:24 pm

PIXY

ShiftPixy, Inc. (NASDAQ:PIXY), a Florida-based human capital enterprise, announced its second asset purchase agreement to acquire a leading provider of human capital in the Western U.S. The acquired company, a market leader in recruitment, staffing, and HR solutions, boasts annual revenues over $50 million and a portfolio of 100 blue chip customers. This acquisition is part of ShiftPixy's strategy to expand its national market presence and leverage its technology in the Gig Economy.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:23 pm

VUZI

Vuzix Corporation (NASDAQ:VUZI) has entered into a reseller agreement with UK-based IT and business solutions firm Purview Services, shipping an initial high 6-figure order of smart glasses. Purview will distribute Vuzix's AR smart glasses across EMEA and India, targeting sectors like healthcare, utilities, manufacturing, logistics, and defense with voice-driven AI solutions.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:19 pm