Streetbeat News

Revenues

UCL

Ucloudlink projects its FY24 revenues to be in the range of $95.0M-$112.0M, which compares to a consensus estimate of $106.45M.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 9:11 am

UCL

Ucloudlink Group anticipates its first quarter FY24 revenue to be between $17.5M and $18.5M, which is below the estimated $22M.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 9:10 am

UCL

Ucloudlink Group (NASDAQ:UCL) reported Q4 sales of $21.73M, missing the $23.60M estimate, a 7.92% miss but a 10.81% increase YoY. Adjusted net income was $1.1M, down from $1.3M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 9:07 am

USO

The International Energy Agency (IEA) forecasts a decrease in global oil production by 870,000 barrels per day (B/D) in Q1 2024 compared to Q4 2023, while anticipating a rise in global oil demand by 1.7 million B/D during the same period.

Portfolio Pulse from Charles Gross

March 14, 2024 | 9:06 am

MOMO

Hello Group's shares are trading lower following the announcement of their financial results for the fourth quarter and the issuance of their revenue guidance for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:20 am

MOMO

Hello Group forecasts Q1 2024 net revenues between RMB2.45 billion to RMB2.55 billion, indicating a decrease of 13.1% to 9.5% year over year, reflecting current market and operational conditions.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:18 am

INDA

India's Wholesale Price Index (WPI) inflation for February was reported at 0.20%, slightly below the estimated 0.25% and the previous month's 0.27%. This indicates a slight decrease in wholesale price inflation in India.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 6:34 am

PHAR

Pharming (NASDAQ:PHAR) reported a significant improvement in its Q4 earnings, with EPS at $0.00, up from a loss of $(0.02) YoY. Sales also saw a substantial increase, reaching $81.20M, up 48.66% from $54.62M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 6:07 am

EWU

The U.K. RICS House Price Balance for February was reported at -10%, aligning with estimates and showing an improvement from the -18% recorded in the previous month. This indicates a less negative sentiment towards U.K. housing prices.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 4:09 am