Streetbeat News

Revenues

AIRC

Apartment Income REIT (AIRC) reported a Q4 FFO of $0.64 per share, up from $0.59 YoY, but missed sales estimates with $196.36M against the expected $199.31M. This represents a 5.54% decrease in sales compared to the same period last year.

Portfolio Pulse from saritha@benzinga.com

February 08, 2024 | 9:32 pm

PINE

Alpine Income Prop Trust (PINE) reported Q4 2023 earnings of $0.37 per share, meeting analyst estimates, but missed on sales with $11.58M versus the expected $11.64M. This represents a slight decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:32 pm

CTRE

CareTrust REIT reported Q4 earnings of $0.36 per share, a decrease from $0.38 YoY. Sales were $59.73M, beating estimates of $53.52M and marking a 15.29% increase from last year.

Portfolio Pulse from mahesh@benzinga.com

February 08, 2024 | 9:32 pm

STBX

Starbox Group Holdings Ltd. (STBX) reported a 63.2% increase in FY23 revenue, reaching $11.7M from $7.2M in FY22, despite a decrease in net income from $3.6M to $2.1M. The growth is attributed to strategic acquisitions and expansion in technology-driven operations, particularly in Southeast Asia. However, the company saw a decrease in the number of advertisers and transactions on its GETBATS platform, while the number of members and merchants slightly increased.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:31 pm

DOMO

Falvey Insurance Group has selected Domo (NASDAQ:DOMO) to integrate its disparate data sources into a single platform, enabling real-time data access and actionable insights for better business decisions. This integration has led to a 5x revenue growth for Falvey, showcasing the effectiveness of Domo's platform in enhancing business operations and decision-making processes.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:29 pm

NGVC

Natural Grocers (NYSE:NGVC) reported a Q1 2024 GAAP EPS of $0.34 and sales of $301.75M, marking a 7.59% increase from $280.46M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:21 pm

REG

Regency Centers (NASDAQ:REG) reported a Q4 FFO of $1.02 per share, a decrease from $1.05 YoY. However, their quarterly sales of $359.60M exceeded the $345.63M estimate, marking a 14.34% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:20 pm

TEX

Terex Corporation projects its FY24 earnings per share (EPS) to be between $6.85 and $7.25, with net sales expected to range from $5.1 billion to $5.3 billion, compared to the estimated $5.167 billion.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:16 pm

MRAI

Marpai, Inc. (NASDAQ:MRAI) announced two key financial agreements: an amendment with AXA S.A. to delay payment obligations and secure $1.7 million in revenue-based financing from Libertas Funding, LLC. The amendment with AXA reduces the 2024 payment to $473,688 and delays further payments to 2025, with potential payment reduction criteria including maintaining NASDAQ listing. Marpai's CEO, Damien Lamendola, commits to investing $3 million in equity in 2024. The financing from Libertas, which has provided over $2.6 billion to businesses since 2016, will be used for short-term working capital needs.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:15 pm

LTRX

Lantronix (LTRX) reported Q2 2024 earnings of $0.08 per share, meeting analyst estimates, but missed revenue expectations with $37.04M against a $37.59M forecast. This represents a 17.56% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:15 pm