Streetbeat News

Revenues

BFRI

Biofrontera AG reported preliminary Q4 revenue of approximately $10.4M-$10.9M, which falls short of the estimated $12.44M. This indicates a potential revenue miss for the quarter.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:22 pm

FLXS

Flexsteel Industries projects its FY25 revenue to be between $416M-$432M, which is in line with the analyst estimate of $426.87M.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:17 pm

FLXS

Flexsteel Industries projects its Q4 revenue to be between $107M and $112M.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:16 pm

FLXS

Flexsteel Industries projects its Q3 revenue to be between $101M and $106M, which is in line with the estimated $102.12M by analysts.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:15 pm

TITN

Titan Machinery Inc. (NASDAQ:TITN) has acquired Scott Supply, Co., a dealership with a revenue of approximately $40 million in the trailing twelve-month period ended December 31, 2023. The acquisition, which closed on January 10, 2024, strengthens Titan Machinery's presence in eastern South Dakota and is expected to build upon Scott Supply's legacy of customer service excellence.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:14 pm

GTIM

Good Times Restaurants Inc. reported a mixed performance in Q1 with a 4.1% increase in same store sales for its Good Times brand, while its Bad Daddy's brand experienced a 6.1% decrease in same store sales.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:13 pm

XOMA

XOMA has disclosed that it will make a $1M milestone payment to LadRx following the FDA's acceptance of Zevra's NDA filing for arimoclomol, a treatment for Niemann-Pick Disease Type C. This follows a June 2023 agreement where XOMA paid LadRx $5M upfront and obtained a mid-single digit royalty on future arimoclomol sales, with the potential for up to $52.6M in additional milestone payments from Zevra.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:11 pm

BBCP

Concrete Pumping Holdings forecasts FY24 revenue to be between $465M-$490M, surpassing the estimated $462.85M.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:09 pm

BBCP

Concrete Pumping Holdings reported an increase in Q4 earnings per share (EPS) from $0.14 last year to $0.16 this year. The company's revenue for the quarter was $120.2 million, slightly exceeding the estimate of $119.692 million.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:07 pm

BNGO

Bionano Genomics, Inc. (NASDAQ:BNGO) announced a peer-reviewed publication from a clinical study supporting optical genome mapping (OGM) as part of standard care in genetic disease testing. The study showed a 99.5% concordance rate for pathogenic variants against standard methods and an increased detection rate of 6% to 50% for pathogenic variants with OGM. The study suggests OGM could streamline workflows, reduce costs, and be considered a first-tier method for postnatal genetic disorders.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:04 pm