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Revenues

BA

SPR

At the BofA Securities Global Industrials Conference, Boeing's CFO announced a decision to limit 737 production below 38 units per month, impacting the company's revenue, earnings, and cash flow for the year and quarter.

Portfolio Pulse from Charles Gross

March 20, 2024 | 9:56 am

SY

So-Young International Inc. projects its Q1 FY2024 revenues to be between RMB290 million ($40.8 million) and RMB310 million ($43.7 million), indicating a potential year-over-year decrease of up to 6.5%.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 9:50 am

HUIZ

Huize Holding (NASDAQ:HUIZ) reported a decrease in Q4 sales to $33.24 million, down 11.28% from $37.47 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 9:07 am

NVO

Ross Gerber, a notable Tesla investor, highlighted on X (formerly Twitter) the potential cost-saving benefits of using Ozempic, a weight-loss drug by Novo Nordisk A/S (NYSE:NVO). He suggested that the drug could reduce monthly food expenses significantly, citing a user's experience of saving nearly $1,000 a month. The discussion also touched on the broader implications for the food and beverage industry and the public's skepticism towards new weight loss drugs despite high-profile endorsements.

Portfolio Pulse from Benzinga Neuro

March 20, 2024 | 8:20 am

EWU

The U.K. Consumer Prices Index Including Owner Occupiers' Housing Costs (CPIH) year-over-year has decreased to 3.8% from the previous 4.2%.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 7:03 am

EWU

The U.K. Producer Price Index (PPI) Input for February showed a decrease of 0.4%, compared to the estimated 0.2% increase and a revised prior of -0.1%. This indicates a decline in the cost of goods and services purchased by producers in the U.K., suggesting potential impacts on inflation and economic activity.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 7:02 am

EWU

The U.K. Consumer Price Index (CPI) for February showed a year-over-year increase of 3.4%, which is slightly below the estimated 3.5% and down from the previous 4.0%.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 7:01 am

FOX

FOX News Digital surpassed CNN in total digital multiplatform unique visitors for the first time in February, according to Comscore. FOX News Digital led with 3.1 billion total multiplatform minutes, 1.6 billion views, and 115 million unique visitors. The FOX News Mobile App also outperformed CNN's, marking the third consecutive month of doing so. Year-over-year, FOX News Digital saw an 18% increase in unique visitors and an 8% increase in multiplatform minutes, while CNN experienced a 6% decrease in unique visitors and a 2% decrease in multiplatform minutes.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 6:59 am

VALN

Valneva has updated its 2024 financial guidance, raising product sales forecasts to €160M-€180M from the previous €150M-€180M. Total revenues are now expected to be €170M-€190M, up from €153.7M in 2023. This adjustment is due to an improved outlook on IXIARO supply constraints and strong sales of travel vaccines and IXCHIQ. The company also anticipates lower R&D expenses and significant non-dilutive contributions for R&D. Other income is expected to be €100M-€110M, including proceeds from a PRV sale. Valneva projects a lower cash burn in 2024 and expects its commercial business to be cash-flow positive from 2025.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 6:32 am

AAPL

Apple Inc. CEO Tim Cook is visiting Shanghai, hinting at opening more stores in China despite declining iPhone sales and increased competition. Cook's visit follows the announcement of a new Apple store in Shanghai, as the company faces challenges in its third-largest market. iPhone sales in China dropped by 24% in the first six weeks of the year, with Apple falling to fourth place among smartphone vendors. Resellers have been forced to offer significant discounts on the iPhone 15 series.

Portfolio Pulse from Benzinga Neuro

March 20, 2024 | 6:30 am