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NGMS

NeoGames S.A. (NASDAQ:NGMS) has expanded its US presence by launching its eInstant games with the Georgia Lottery Corporation, enhancing the lottery's online offerings. This move is part of NeoGames Studio's broader expansion in North America, with future launches planned in West Virginia and Pennsylvania in 2024. The partnership aims to attract a wider player demographic and increase engagement for the Georgia Lottery, which supports the state's HOPE Scholarship and Pre-K programs.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:20 pm

BIAF

bioAffinity Technologies, Inc. (NASDAQ:BIAF) reported a 375% growth in orders and processing of its CyPath Lung tests over the past three months compared to the previous period. This growth is attributed to increasing physician interest, a newly approved reimbursement code, and strategic initiatives including branding and sales force expansion. The company is on track to meet its sales forecast for the limited test market launch in Texas, with plans to expand nationally. CyPath Lung, a noninvasive test for early-stage lung cancer detection, uses advanced flow cytometry and AI for diagnosis. The company anticipates capitalizing on the lung cancer diagnostics market, projected to reach $4.7 billion by 2030.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:15 pm

FSTR

L.B. Foster Company has reaffirmed its financial targets for fiscal year 2025, aiming for around $600 million in sales and $50 million in EBITDA.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:10 pm

VLGEA

Village Super Market (NASDAQ:VLGEA) reported a 14.12% increase in Q2 EPS to $0.97 from $0.85 YoY and a 2.08% increase in sales to $575.58M from $563.87M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:09 pm

FSTR

L.B. Foster Company projects FY24 net sales to range between $525M-$560M, falling short of the $572.12M estimate. The company also anticipates its adjusted EBITDA to be between $34M-$39M.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:08 pm

SMRT

SmartRent forecasts its Q1 total revenue to be between $47M-$53M, falling short of the estimated $64.92M. For 2024, the company projects revenues of $260M-$290M, slightly below the estimated $289.256M.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:06 pm

CASY

Casey's General Stores (NASDAQ:CASY) has received mixed analyst ratings over the past three months, with an average 12-month price target of $315.6, indicating a 5.08% increase from the previous target. Analysts from Wells Fargo, Benchmark, Stephens & Co., RBC Capital, and BMO Capital have provided updates, with most raising their price targets. The company's financial performance shows positive revenue growth, a strong net margin, and effective debt management, positioning it well in the market.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 1:02 pm

ANSS

Analyst ratings for Ansys (NASDAQ:ANSS) have shown a mix of neutrality and slight bearishness over the last quarter, with a recent shift towards a more neutral stance in the last 30 days. The average 12-month price target for ANSS has been raised to $340.0, indicating a 2.41% increase from the previous target. Ansys's financial performance showcases strong revenue growth and net margin, but a below-average Return on Equity (ROE).

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 1:02 pm

GFS

GLOBALFOUNDRIES (NASDAQ:GFS) received mixed analyst ratings over the past three months, with a shift towards a more cautious stance in the last 30 days. The average 12-month price target is $63.43, down 5.33% from the previous target. The company, a top-five contract semiconductor manufacturer, has shown a revenue growth rate of 0.11% as of December 31, 2023, but faces challenges in market capitalization, net margin, ROE, and ROA compared to industry benchmarks. Its debt-to-equity ratio is below the industry average, indicating less reliance on debt financing.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 1:01 pm

DSP

Viant Technology (NASDAQ:DSP) received mixed analyst ratings, with a recent shift towards more positive evaluations. The average 12-month price target is $10.5, reflecting a 29.31% increase from the previous target. The company's financial performance shows strong revenue growth and profitability metrics, outperforming industry averages. Analysts from Canaccord Genuity, Needham, and Raymond James have raised their price targets and ratings, indicating a positive outlook on the company's future.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 1:00 pm