Streetbeat News

Revenues

ITRN

Ituran Location & Control (NASDAQ:ITRN) reported Q4 2023 earnings of $0.60 per share, meeting analyst estimates. However, their quarterly sales of $77.81M fell short of the expected $82.80M, a 6.03% miss, though it represents a 3.82% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:42 pm

EDAP

EDAP TMS announced preliminary FY2023 revenues of €60.4M ($65.4M), surpassing the consensus estimate of €58.151M. For Q4 FY2023, revenues were €19.6M ($21.3M), also exceeding the consensus of €17.232M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:41 pm

AGFY

Agrify Corporation (NASDAQ:AGFY), a leader in cultivation and extraction solutions for the cannabis industry, has secured a $3.4 million sales order from HarvestWorks Farm, a woman-owned business in New Jersey. The deal includes 156 Vertical Farming Units, a Turnkey Pure Pressure Solventless extraction Lab Package, a 2-year Service Support Agreement with $350 per pound Production Success Fees, and a 5-year SaaS Fee Agreement worth approximately $1 million.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:38 pm

INDA

India's GDP growth for Q3 was reported at 8.4%, surpassing the estimated 6.6% and the previous quarter's 7.6%. This indicates a stronger economic recovery than anticipated.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:36 pm

MEG

Montrose Environmental Group has provided its full year 2024 revenue outlook, expecting it to be in the range of $675M-$725M, compared to the $666.87M estimate. The company also anticipates its consolidated Adjusted EBITDA to be between $90M-$95M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:36 pm

VRCA

Verrica Pharmaceuticals (NASDAQ:VRCA) reported Q4 losses of $(0.53) per share, aligning with analyst estimates, and a significant sales increase to $1.99M, surpassing the $910K estimate. This marks a substantial improvement from the previous year's $68K in sales.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:34 pm

HAYW

Hayward Holdings projects FY24 net sales to be between $1.010B and $1.060B, marking a 2%-7% year-over-year increase. This guidance is based on solid execution, positive price realization, and continued technology adoption. The company expresses confidence in its long-term profitable growth and robust cash flow generation.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:24 pm

LASE

Laser Photonics announced it has received an order from Pima Air & Space Museum for its CleanTech LPC-1000-CTHS laser cleaning system. This order highlights the company's expansion in providing advanced laser cleaning solutions.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:22 pm

DAVA

Endava forecasts a decrease in constant currency revenue for both Q3 and the full fiscal year 2024, with Q3 revenue expected between £174M-£176M, and full-year revenue projected at £722M-£735M. Adjusted EPS for Q3 is anticipated to be £0.17-£0.19, while the full-year adjusted EPS is expected to range from £1.09 to £1.22.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:21 pm

FENC

Fennec Pharmaceuticals has released a preliminary report indicating a significant increase in Q4 net revenues, expected to be between $9.2M-$9.7M, marking a 41%-49% rise quarter over quarter. Furthermore, the company projects its FY23 net revenues to range between $20.7M-$21.2M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:12 pm