Streetbeat News

Revenues

IMTX

Immatics reported a Q4 GAAP EPS of €(1.20), a decrease from €0.55 YoY. Revenue from collaboration agreements was €54.00M, down from €172.83M YoY. The company's cash and equivalents total €425.9M (~$470.6M), expected to fund operations into 2027.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:27 am

GAME

GameSquare Holdings, Inc. (NASDAQ:GAME) celebrates FaZe Clan's success with their energy drink FaZe Pop, which became the top-selling new energy product in 7Eleven for 2023, achieving its best sales month in February 2024. FaZe Clan, acquired by GameSquare, excels in engaging gamers through strategic brand partnerships and licensing deals, expanding their global audience.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:19 am

CCLD

CareCloud projects its FY2024 sales to be between $118M and $120M, falling short of the consensus estimate of $124.74M. The company also anticipates its adjusted EBITDA to range from $21M to $23M.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:16 am

DXLG

Destination XL Group (DXLG) projects fiscal 2024 sales between $500M-$530M, slightly below the consensus of $524.7M. The company anticipates a net income of around $17M and adjusted EBITDA of about $36M. DXLG plans to invest in marketing and digital expansion, expecting a slow recovery in consumer discretionary spending due to economic challenges. The guidance includes a mid-to-high single digit decrease in comparable sales for the first half of 2024, with an improvement in the second half.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:09 am

DRI

Darden Restaurants' shares dropped following mixed Q3 results and weaker than expected revenue guidance for 2024.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:06 am

DRI

Darden Restaurants projects its adjusted earnings per share (EPS) from continuing operations for 2024 to be between $8.80 and $8.90, with total sales expected to be around $11.4 billion, slightly below the estimated $11.51 billion.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:05 am

DRI

Darden Restaurants (NYSE:DRI) reported Q3 2024 earnings of $2.62 per share, meeting analyst estimates, but missed revenue expectations with $2.975 billion against a forecast of $3.025 billion, a 1.65% miss. This represents a 6.78% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:03 am

GAMB

Gambling.com has projected its 2024 revenues to be between $129M and $131M, surpassing the estimated $120.61M.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:02 am

GLD

SPY

USO

UUP

Global markets saw gains with the S&P 500, Dow Jones, and Nasdaq all closing higher after the Federal Reserve announced it would keep borrowing costs stable and hinted at possible rate cuts. Gold surged to a record high, crossing $2,200. Asian and European markets also experienced gains, with notable increases in Japan's Nikkei 225 and Australia's S&P/ASX 200. U.S. crude oil stocks fell unexpectedly, and the U.S. Dollar Index dropped.

Portfolio Pulse from Akanksha Bakshi

March 21, 2024 | 10:54 am

CTM

Castellum (AMEX:CTM) reported Q4 sales of $11.09M, missing the analyst consensus estimate of $12.30M by 9.84%, but marking a 10.62% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 10:52 am