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Revenues

LPRO

Open Lending (NASDAQ:LPRO) has received mixed analyst ratings over the past three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for LPRO has been raised to $7.7, indicating a 28.33% increase from the previous target. Financial analysis reveals challenges for Open Lending, including a significant revenue decline of -44.3%, below-average net margin and ROE, and a high debt-to-equity ratio, suggesting potential financial strain.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 12:00 pm

ADMA

ADMA Biologics (NASDAQ:ADMA) has received mixed analyst ratings over the last three months, with a shift towards more bullish perspectives recently. The average 12-month price target for ADMA has increased to $7.75, up 15.67% from the previous target of $6.70. Analysts from firms like HC Wainwright & Co., Mizuho, and Cantor Fitzgerald have raised their price targets, reflecting a positive outlook on the company's performance. ADMA Biologics, a commercial biopharmaceutical company, has shown significant revenue growth of 47.86% as of December 31, 2023, and has outperformed in net margin and ROE compared to industry averages. However, the company faces challenges in debt management with a higher than average debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 12:00 pm

ZH

Zhihu reported Q4 sales of $160.32M, surpassing the $148.11M estimate, with an adjusted net loss of $12.9M. This indicates a stronger revenue performance than expected, though the company still operates at a loss.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:42 am

BRAG

Bragg Gaming has updated its 2024 full year revenue and Adjusted EBITDA guidance, expecting revenue to increase by 9.1% to 16.6% to USD 109.7-117.2 million and Adjusted EBITDA to rise up to 21.7% to USD 16.3-19.9 million. These projections represent a midpoint growth of 12.8% for revenue and 10.9% for Adjusted EBITDA over 2023 figures.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:11 am

BLRX

BioLineRx reported its FY23 total revenues at $4.8 million with an EPS of $(0.06).

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:02 am

FLUT

Flutter Entertainment Plc (NYSE:FLUT) shares are up in premarket trading after reporting a 24.6% year-over-year revenue increase to $11.79 billion for FY23. Adjusted EBITDA rose 45.4% to $1.874 billion, with a margin expansion of 230 basis points to 15.9%. The company's strong performance was attributed to its leading position in the US, product innovation, and strong UKI performance. Flutter introduced FY24 guidance with expected revenue growth of 17.5% and adjusted EBITDA growth of 30.2%. FLUT stock has risen over 26% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

March 26, 2024 | 10:28 am

FLUT

Flutter Entertainment projects a 17.5% increase in FY24 group revenue and a 30.2% rise in adjusted EBITDA at the midpoint, indicating strong future financial performance.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 10:27 am

FLUT

Flutter Entertainment announced its FY23 revenue of $11.79 billion, marking a 24.6% increase year-over-year. Adjusted earnings per share also rose by 25.8% to $3.51.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 10:23 am

GYRE

Gyre Therapeutics reported its 2023 financial results, including a revenue of $113.5M, adjusted net income of $25.4M, and a cash balance of $33.5M.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 10:07 am

UPS

UPS has outlined its financial targets for 2026, projecting consolidated revenue between $108 billion and $114 billion, with an adjusted operating margin above 13%. The company anticipates an adjusted operating margin of at least 12% for its U.S. Domestic Package segment, between 18% and 19% for the International Package segment, and around 12% for the Supply Chain Solutions segment. Additionally, UPS expects to generate free cash flow of $17 billion to $18 billion and plans capital spending of approximately 5.5% of total revenue from 2024 to 2026.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 10:04 am