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Revenues

SIBN

SI-BONE (NASDAQ:SIBN) has been analyzed by 4 analysts, showing a mix of bullish to bearish sentiments. Recent ratings include 3 bullish, 1 somewhat bullish, and a decrease in the average 12-month price target to $25.00 from $25.33. Analysts from Cantor Fitzgerald, Truist Securities, and Needham have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. SI-BONE, a medical device company, has shown notable revenue growth of 28.68% as of September 30, 2023, but struggles with profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:00 pm

REGN

Recent analysis of Regeneron Pharmaceuticals (NASDAQ:REGN) by 10 experts shows a mix of bullish to bearish sentiments, with a shift towards more positive ratings in the last 30 days. The average 12-month price target for REGN has increased by 5.22% to $1036.8. Analysts have adjusted their ratings and price targets based on Regeneron's performance and market conditions. The company, known for its products in eye disease, cardiovascular disease, cancer, and inflammation, shows a positive revenue trend but below-average net margin, ROE, and ROA, indicating potential profitability and efficiency challenges.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:00 pm

IRBT

iRobot Corporation (NASDAQ:IRBT) shares fell after reporting Q4 revenues of $307.54 million, slightly missing estimates. The company saw revenue declines across the U.S., Japan, and EMEA, and announced a significant workforce reduction of 350 employees (31% of its workforce) as part of a restructuring plan to align costs with revenue expectations. iRobot expects FY24 revenue to be below estimates and projects a larger adjusted net loss per share than anticipated. Shares dropped 15.7% to $10.22.

Portfolio Pulse from Nabaparna Bhattacharya

February 27, 2024 | 2:48 pm

CRKN

Crown Electrokinetics (CRKN) has made significant progress in its Electrokinetic Film division, overcoming technical challenges to develop a 12-inch-wide film for smart window inserts, with small quantity shipments starting in July. Sheldon Davis has joined as a senior advisor, bringing valuable experience to the company. In the Fiber Optics division, Crown has generated revenue in Arizona and Florida markets, with a promising project in Florida expected to bring in $11 million from 300 miles of horizontal directional drilling. Revenue guidance will be provided in an investor call on March 8th.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:34 pm

AULT

Ault Alliance has announced its preliminary financial results for FY23, expecting revenues to reach $153 million.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:32 pm

CAN

Canaan Inc. forecasts Q1 2024 revenue at $33M, below the estimated $43.07M, and anticipates Q2 2024 revenue to be $70M. The company attributes these projections to challenging market conditions, noting that these views are current and preliminary.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:12 pm

VEON

VEON has introduced a new mobile service brand, ROX, in Pakistan, aiming to expand its market presence and enhance customer experience in the region.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:04 pm

SPY

The latest USA Redbook data shows a year-over-year increase of 2.7%, a slight decrease from the previous 3.0%.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:55 pm

EEIQ

EpicQuest Education Group International Limited (NASDAQ: EEIQ) announced that Davis University received HLC approval for two new STEM programs, expected to significantly increase revenue from students in India and China. The company plans to double the number of students from China and sees India as a significant revenue source, especially with the US being a top choice for Indian students. The recent opening of a recruiting office in Sri Lanka aims to attract students from Southeast Asia and the Middle East. Previously, HLC approved Davis University's online programs, indicating no further approvals are needed for online education.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:49 pm

DBGI

Digital Brands Group, Inc. (DBGI) announced plans to open its first retail store in Dallas, Texas, in the first half of April. The store, located at the Simon Premium Outlet Mall in Allen, is forecasted to generate over $1.5 million in annual revenue and $500,000 in annual cash flow. This move is part of DBG's strategy to clear excess inventory, particularly from its Sundry acquisition, at higher margins than selling into the off-price channel. DBG's CEO, Hil Davis, highlighted the importance of retail stores in the company's growth strategy alongside wholesale and e-commerce.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:48 pm