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Revenues

EDBL

Edible Garden has signed three-year expanded distribution agreements with a US food retailer, anticipating revenue generation of $18M-$20M over the contract term.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:31 pm

SYRA

Syra Health Corp. (NASDAQ:SYRA) has secured a healthcare workforce contract with Fairfax County, Virginia, to provide 24-hour nursing care and staff other temporary healthcare positions. This marks the company's third active government contract in Virginia, emphasizing its role in healthcare staffing. The contract, which extends through June 30, 2028, with potential for renewal, will generate revenue based on staffing needs and hourly rates. Syra Health's commitment to enhancing healthcare through staffing solutions aligns with its mission to improve healthcare services.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:16 pm

ANTX

APLD

LRMR

MANU

MNDY

MVST

PGEN

TIXT

WYNN

In Monday's pre-market trading session, monday.com Ltd. (MNDY) shares fell sharply after reporting Q4 financial results, with adjusted earnings of 65 cents per share on sales of $202.57 million. Other stocks experiencing declines include AN2 Therapeutics, Inc. (ANTX), TELUS International (Cda) Inc. (TIXT), Applied Digital Corporation (APLD), Precigen, Inc. (PGEN), Microvast Holdings, Inc. (MVST), Wynn Resorts, Limited (WYNN), Larimar Therapeutics, Inc. (LRMR), and Manchester United plc (MANU), each for various reasons ranging from disappointing financial results to regulatory updates.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 1:16 pm

DM

Desktop Health, a brand of Desktop Metal, Inc. (NYSE:DM), announced the launch of Flexcera Base Ultra+, a stronger and more durable 3D printable dental resin for dentures. This new formulation allows for thinner designs, improved durability, and better patient comfort. It's FDA cleared, CE Marked, and MDR Class I certified. The global dentures market is expected to grow from $2.8B in 2023 to nearly $4.6B by 2030. The Flexcera Base Ultra+ is part of a growing trend towards digital dentistry solutions.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:10 pm

BOF

BranchOut Food has secured a new contract worth $7.6 million with an unnamed retailer, marking a significant business expansion.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:04 pm

BIG

Big Lots (NYSE:BIG) has been the subject of diverse analyst opinions ranging from bullish to bearish over the past quarter, with a notable shift towards a bearish outlook in the last 30 days. The average 12-month price target for BIG has been lowered to $4.6 from $6.40, indicating a negative sentiment among analysts. Key financial metrics show Big Lots trailing behind industry peers, with challenges in revenue growth, profitability, and debt management.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 1:01 pm

OC

Owens-Corning (NYSE:OC) has received mixed analyst ratings over the past three months, with an average 12-month price target of $161.0, reflecting a 21.05% increase from the previous target. The company, a manufacturer of glass fiber, faces challenges in revenue growth and ROE but excels in net margin and ROA. Analysts from Barclays, Goldman Sachs, and JP Morgan have updated their ratings and price targets, indicating varying expectations for the company's performance.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 1:00 pm

U

Unity Software (NYSE:U) has received mixed analyst ratings over the past three months, with a shift towards a more bearish outlook in the last 30 days. The average 12-month price target for Unity Software has increased to $31.0 from $23.0, indicating a 34.78% rise. Analysts from Macquarie, Goldman Sachs, Piper Sandler, and HSBC have provided updates, with price targets ranging from $20.00 to $37.00. Unity Software, known for its real-time 3D content creation platform, has shown a significant revenue growth rate of 68.55% as of September 30, 2023, but faces challenges in net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 1:00 pm

TTD

Trade Desk (NASDAQ:TTD) has received varied analyst ratings over the past three months, with a shift from bullish to a more stable outlook. Despite no changes in the last 30 days, the average 12-month price target for TTD has increased to $82.8, up from $79. This reflects a positive sentiment based on Trade Desk's solid revenue growth, market capitalization, and advertising platform performance. However, concerns about net margin, ROE, and ROA below industry benchmarks suggest areas for improvement.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 1:00 pm

SENS

Ascensia Diabetes Care and Senseonics announced that Medicare has expanded access to the Eversense E3 CGM System for basal-only patients, following the implementation of Local Coverage Determinations by the first three Medicare contractors. This expansion could significantly increase the user base of the Eversense E3 CGM System, potentially boosting Senseonics' market presence and financial performance.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 12:20 pm