Streetbeat News

Revenues

BBY

DOCU

HOOD

VZ

Insiders at DocuSign, Best Buy, Robinhood Markets, and Verizon Communications have recently sold shares of their companies. DocuSign's insider sold shares after a reported revenue increase, while Best Buy's insider sold post upbeat earnings but with lowered future guidance. Robinhood's CEO sold shares as the company expands its crypto trading service in the EU. Verizon's insider sold shares amidst the launch of a streaming bundle partnership with Netflix and Warner Bros. Discovery Max.

Portfolio Pulse from Avi Kapoor

December 14, 2023 | 12:59 pm

AEHR

Aehr Test Systems has received its first order for the FOX Wafer Level Test and Burn-in System, which will be used for engineering and qualification of Gallium Nitride semiconductors. This order marks a new application area for Aehr's products, potentially expanding its market and signaling confidence in its technology for high-reliability applications.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 12:36 pm

TLSI

TriSalus Life Sciences has announced that the Centers for Medicare & Medicaid Services (CMS) will reimburse the TriNav Infusion System, which has been assigned a new Technology Healthcare Common Procedure Coding System (HCPCS) code. This development is significant for the company as it facilitates the adoption of the TriNav Infusion System by healthcare providers by ensuring they can be reimbursed for its use.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 12:10 pm

GKOS

Glaukos Corporation has reaffirmed its full-year 2023 sales guidance, projecting revenues to be between $307 million and $310 million. This forecast aligns closely with the consensus estimate of $309.09 million by market analysts.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 12:08 pm

EWQ

TSLA

Reuters reported that Tesla's Model Y will be included on the list of electric vehicles eligible for a state bonus scheme in France. This incentive is part of France's efforts to promote the adoption of electric vehicles and reduce carbon emissions. The inclusion of the Model Y is significant as it competes with cheaper vehicles produced in China.

Portfolio Pulse from Charles Gross

December 14, 2023 | 11:48 am

CMC

Commercial Metals Company (NYSE:CMC) has announced a new reporting structure effective from the first quarter of fiscal 2024. The structure includes three segments: North America Steel Group, Europe Steel Group, and Emerging Businesses Group. This change reflects the company's operational evolution, growing importance of non-steel solutions, and strategic decision-making processes. The realignment only affects reporting segments and does not alter CMC's consolidated results. Historical data under the new structure for fiscal years 2022 and 2023 is provided in the release.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 11:47 am

BIIB

SAGE

Biogen Inc. and Sage Therapeutics have announced that Zurzuvae (Zuranolone) CIV is now available by prescription in the United States for the treatment of postpartum depression in adults.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 11:32 am

STCN

Steel Connect (NASDAQ:STCN) reported a decrease in Q1 earnings to $0.15 per share from $0.59 YoY, with sales falling 19.51% to $41.34M from $51.36M YoY.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 11:28 am

ALK

Alaska Air Group has updated its Q4 total revenue percentage change forecast for 2022 to be between 2.25% and 3.25%, compared to its previous expectation of 1% to 4%.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 11:07 am

YJ

Yunji Inc. (YJ) reported a Q3 adjusted EPS of $(0.00) and sales of $19.90M, which is a 40.74% decrease from $33.58M in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 11:03 am