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DIS

Former Rep. George Santos, after being expelled from Congress, has turned to Cameo to earn income, surpassing his Congressional salary. Santos, who faced allegations of lying and federal charges, is listed on Cameo as a 'former Congressional icon' and has completed over 700 videos. Jimmy Kimmel, host of ABC's 'Jimmy Kimmel Live!' owned by Walt Disney Company (NYSE:DIS), used Cameo to request videos from Santos for a segment, leading Santos to demand $20,000 from Kimmel for airing the videos on TV.

Portfolio Pulse from Chris Katje

December 13, 2023 | 9:51 pm

ASYS

Amtech's stock is trading lower due to the company reporting Q4 sales that fell short of expectations and providing Q1 sales guidance that was also below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 9:43 pm

STRM

Streamline Health Solutions, Inc. (NASDAQ:STRM) has signed a new contract with a 2,300-bed health system in Maryland and the D.C. area for the use of its RevID automated charge reconciliation technology. This technology is expected to improve the health system's financial performance by ensuring accurate billing for care provided. Streamline Health is focused on enhancing hospital financials through pre-bill technology solutions.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 9:38 pm

JMIA

Jumia Technologies AG (NYSE:JMIA) is shutting down its food delivery service, Jumia Food, which accounts for about 11% of its GMV for the nine months ending September 30, 2023. The company will focus on its core physical goods and JumiaPay businesses. The food delivery segment has been unprofitable since its inception, and the closure is part of Jumia's strategy to optimize capital, resources, and pursue profitability. Employees from the food delivery sector will be moved to the physical goods segment.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 9:36 pm

CHSN

Chanson International Holding (NASDAQ:CHSN) has successfully opened seven new Soul●Song coffee brand cafes in China, adopting a 'blend bean concept' for diverse flavors. The company aims to expand further in 2024 using franchise or direct operation models, aligning with evolving consumer preferences post-COVID-19 and aiming to create long-term shareholder value.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 9:33 pm

KNOP

KNOT Offshore Partners reported Q3 2023 revenue of $72.683 million, slightly missing the estimated revenue of $72.730 million.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 9:19 pm

CDXS

Codexis, Inc. (NASDAQ:CDXS) has achieved gram-scale synthesis with its ECO Synthesis Platform, a significant step in the development of RNAi therapeutics manufacturing. This milestone allows Codexis engineers to model the manufacturing process and initiate pre-commercial customer testing in 2024, with a full commercial launch expected in 2026. The company's progress was highlighted during a virtual KOL investor event with industry experts discussing the potential of the ECO Synthesis Platform.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 9:17 pm

ZDGE

Zedge, Inc. reported its Q1 2024 earnings per share (EPS) at $0, an improvement from a loss of $(0.01) year-over-year (YoY). The company's revenue increased to $7.1 million, up from $6.9 million YoY.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 9:15 pm

LNW

Light & Wonder, Inc. (LNW) has officially appointed Oliver Chow as the company's Executive Vice President, Chief Financial Officer, and Treasurer. Chow has been serving as the Interim CFO since August 2023 and has over 15 years of experience in entertainment and gaming, with previous senior finance roles at Aristocrat and other companies. CEO Matt Wilson expressed confidence in Chow's abilities and experience. Chow is committed to supporting the company's growth and financial strategy.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 9:13 pm

ASYS

Amtech Systems, Inc. (ASYS) forecasts Q1 revenue to be between $21M-$24M, which is significantly lower than the estimated $34.15M. The company warns that operating results could be materially impacted by various factors including order timing, shipments, logistical challenges, and semiconductor industry cycles. Despite a challenging near-term outlook with nominally negative EBITDA, Amtech is optimistic about the long-term, having taken actions to reduce structural costs by $4M annually and align product pricing. The company's financials are also subject to currency risk due to a portion of its results being denominated in Chinese Renminbis.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 9:13 pm