Streetbeat News

Revenues

BBJP

DXJ

EWJ

The Tokyo Core Consumer Price Index (CPI) in Japan for February reported a year-over-year increase of 2.5%, aligning with estimates and marking an increase from the prior month's revised figure of 1.8%.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 5:24 am

BHP

CLF

GSM

MP

NEM

Ferroglobe PLC (GSM) and LONGi have entered a silicon supply agreement effective Jan. 1, 2024. MP Materials Corp. (MP) plans a $500 million Convertible Senior Notes offering. Cleveland-Cliffs Inc. (CLF) announced a $750 million senior unsecured guaranteed notes offering. BHP Group Limited (BHP) signed non-binding agreements for potash production at its Jansen mine. Newmont Corporation (NEM) initiated a private offering of notes due in 2026 and 2034 to repay borrowings.

Portfolio Pulse from Austin DeNoce

March 04, 2024 | 10:53 pm

STXS

Stereotaxis expects to see double-digit revenue growth for the full year 2024 and projects its Q1 revenue to be around $7 million, surpassing the estimated $6.70 million.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:22 pm

ENB

Enbridge Inc. (NYSE:ENB) has received approval from the Canada Energy Regulator for its Mainline Tolling settlement, effective until December 31, 2028. This settlement establishes tariffs for crude oil and liquids shipments across North America, promising competitive service for customers, attractive returns for Enbridge, and a long-term energy source for the market. The agreement, unanimously approved by the industry, was retroactively effective from July 1, 2021.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:41 pm

DSP

Viant Technology projects its Q1 2024 revenue to be between $49M and $52M, surpassing the estimated $48.224M.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:40 pm

AKYA

Akoya Biosciences projects its full year 2024 revenue to be in the range of $114M-$118M, which is around the analyst estimate of $117.38M. The company also aims to achieve operating cash flow breakeven by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:40 pm

AVAV

AeroVironment Inc (NASDAQ:AVAV) reported a significant beat on both revenue and EPS for its fiscal third quarter, with a 39% year-over-year increase in revenue to $186.6 million and earnings of 63 cents per share. The company highlighted increased global demand, a strong backlog, and record revenue in the Loitering Munition Systems segment as key drivers. AeroVironment expects full-year 2024 revenue between $700 million and $710 million and adjusted earnings per share between $2.69 and $2.83, indicating continued growth.

Portfolio Pulse from Adam Eckert

March 04, 2024 | 9:37 pm

ICCH

ICC Holdings (NASDAQ:ICCH) reported a slight decrease in Q4 EPS to $1.04 from $1.05 YoY, while sales increased by 9.68% to $23.12M from $21.08M YoY.

Portfolio Pulse from Happy Mohamed

March 04, 2024 | 9:34 pm

AVAV

AeroVironment projects its FY24 adjusted EPS to be between $2.69 and $2.83, compared to the estimated $2.73. The company also forecasts revenue to be in the range of $700M to $710M, versus the estimated $700.833M.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:14 pm

MXCT

MaxCyte projects its FY23 revenue to be between $41.1M and $41.3M, surpassing the estimated $39.774M. This indicates a positive performance and potential growth for the company.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:08 pm