Streetbeat News

Revenues

MIXT

MiX Telematics Limited reported Q3 results with net subscriber additions of 52,400, total revenue of $39.1 million (up 6% YoY), subscription revenue of $33.7 million (up 6% YoY), net income of $1.5 million, and adjusted EBITDA of $9.5 million (up 13% YoY). The company's total subscriber base now exceeds 1,142,000, and it ended the quarter with $25.4 million in cash and cash equivalents.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:10 am

BEEM

Beam Global has received a $1.7M order from the North Carolina Department of Adult Correction for 19 Beam EV ARC sustainable off-grid charging systems and 2 ARC Mobility trailers. This order highlights the growing demand for sustainable EV charging solutions and Beam Global's role in fulfilling this demand.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:07 am

MIXT

MiX Telematics (NYSE:MIXT) reported Q3 adjusted earnings per ADS of $0.11, meeting analyst estimates, and a 10% increase from the previous year. Quarterly sales were $39.09M, exceeding estimates by 5.64% and marking a 3.38% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:06 am

BALL

Ball Corporation anticipates a volume recovery in FY24, driven by ongoing improvements in cost management. This is expected to enhance comparable operating earnings and generate strong free cash flow.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:05 am

RVTY

Revvity forecasts its 2024 revenue to be between $2.79B-$2.85B and adjusted EPS to be between $4.55-$4.75, surpassing the consensus estimates of $2.77B in revenue and $4.60 in adjusted EPS.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:04 am

BALL

Ball Corporation (NYSE:BALL) reported Q4 adjusted EPS of $0.78, surpassing the $0.74 estimate, marking a 77.27% increase from last year. However, their Q4 sales of $3.40B fell short of the $3.58B estimate, a 4.09% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:02 am

MSFT

Palworld, developed by Pocketpair, has become the biggest third-party launch on Microsoft's Xbox Game Pass, attracting over 7 million players. In just ten days, it became the most-played third-party game on Xbox Cloud Gaming with Game Pass Ultimate. The game's success contributes to Microsoft's record-breaking month with over 200 million monthly active users across its Xbox PC and mobile platforms, following the acquisition of Activision Blizzard. Palworld's popularity even surpassed Fortnite's daily players on Xbox, despite controversy over its resemblance to Pokémon.

Portfolio Pulse from Benzinga Neuro

February 01, 2024 | 10:19 am

VGK

The unemployment rate in the Eurozone remained steady at 6.4% for December, indicating stability in the job market.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 10:04 am

VGK

The preliminary Eurozone Consumer Price Index (CPI) for January showed a decrease of 0.4%, compared to a prior increase of 0.2%.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 10:03 am

VGK

The Eurozone Core Consumer Price Index (CPI) for January showed a year-over-year increase of 3.3%, slightly above the estimated 3.2% but below the previous 3.4%.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 10:03 am