Streetbeat News

Revenues

PPIH

Perma-Pipe International Holdings reported an increase in earnings per share (EPS) to $0.24 in Q3 2023 from $0.21 in the same quarter the previous year. Revenue also rose to $45.7 million from $37.9 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 2:26 pm

AAPL

CSCO

DELL

GOOG

NOK

Cyclone Michaung has disrupted manufacturing operations in Chennai, affecting suppliers to major tech companies like Apple, Dell, and Nokia. While most companies have resumed production, the cyclone's impact could have short-term implications for these companies' supply chains. Apple's suppliers Foxconn, Salcomp, Luxshare, and Pegatron, as well as Dell, Nokia, and Cisco, which have significant operations in the area, are particularly noteworthy. Google's expansion plans with Alphabet CEO Sundar Pichai's discussions and partnership with HP for Chromebook manufacturing in India are also highlighted.

Portfolio Pulse from Surbhi Jain

December 08, 2023 | 2:00 pm

CDMO

Avid Bioservices shares have declined following the announcement of disappointing Q2 financial results and a reduction in the revenue guidance for FY24, which fell below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:59 pm

ACB

CGC

CRON

GNLN

OGI

TLLTF

TLRY

VFF

The report by Zuanic & Associates on the Canadian cannabis market shows regional disparities and growth trends, with a 16% YoY growth in nationwide sales. Alberta leads in store density and per capita spending, while Quebec has the lowest. The market is affected by high excise taxes, product caps, and marketing restrictions. Organigram, Village Farms International, Cronos, and others saw varying growth rates across provinces, while companies like Canopy and Tilray experienced declines. The upcoming Vape Market Trends panel will feature CEOs from TILT Holdings and Greenlane Holdings.

Portfolio Pulse from Nicolás Jose Rodriguez

December 08, 2023 | 1:52 pm

AVGO

DELL

Dell Technologies anticipates a decline in its other businesses' net revenue starting in Q4 of FY24 due to Broadcom's acquisition of VMware. The impact is expected as a result of the change in ownership of VMware, which has been a significant part of Dell's business operations.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:50 pm

MLSS

Milestone Scientific has started selling CompuFlo disposables for neurostimulation spinal cord implantation procedures after a successful evaluation at UTMB Health Clear Lake Campus Hospital, which reported a 100% success rate. CompuFlo is noted for minimizing intraoperative cerebral fluid leakage and trauma to nerve roots.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:39 pm

CURV

Torrid Holdings Inc. reported strong Q3 financial results, surpassing expectations, and provided Q4 and FY23 revenue guidance that exceeded analyst estimates, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:27 pm

SGHT

Sight Sciences has announced that the GEMINI 2 trial results, showcasing long-term clinical outcomes for patients treated with the OMNI Surgical System, have been accepted for publication in Clinical Ophthalmology. The publication is anticipated by December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:09 pm

SGMA

Sigmatron International (NASDAQ:SGMA) reported a decrease in sales for Q2, with earnings per share (EPS) at $0.00 and sales totaling $98.70M, down from $108.68M year-over-year (YoY).

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:03 pm

SMAR

Smartsheet Inc. reported strong Q3 earnings, surpassing expectations, and increased its revenue forecast for fiscal year 2024, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 12:41 pm