Streetbeat News

Revenues

MNY

MoneyHero (NASDAQ:MNY) reported a 16.85% increase in Q3 sales to $20.25M, up from $17.33M in the same period last year. The company also saw an improvement in its adjusted EBITDA loss, which narrowed to $(1.26)M from $(3.04)M YoY.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 12:05 pm

LOVE

Lovesac, the furniture retailer, has projected its FY24 net sales to be between $710M-$720M, aligning closely with the consensus estimate of $714.88M.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 12:05 pm

UNFI

United Natural Foods (UNFI) has reaffirmed its financial guidance for the fiscal year, maintaining its net sales projection of $30.9 billion to $31.5 billion and its adjusted earnings per share (EPS) forecast to be between a loss of $0.88 and a gain of $0.38.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 12:04 pm

KMDA

Kamada Ltd. has announced a binding Memorandum of Understanding (MOU) with Kedrion Biopharma for amending and extending their US distribution agreement for KEDRAB, a rabies immune globulin. Under the new terms, Kedrion commits to purchasing minimum quantities of KEDRAB, ensuring revenues of $180 million to Kamada over the first four years.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 12:03 pm

FAST

Fastenal Co reported a net sales growth of 3.8% year-over-year in November 2023, reaching $599.96 million. The company also saw a daily sales growth of 3.8% YoY, amounting to $28.57 million.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:58 am

LODE

Comstock Mining Inc. has announced the receipt of early payments related to a mineral exploration lease. This development could indicate a positive cash flow situation and potential for future revenue from the leased properties.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:50 am

XOM

ExxonMobil has announced that it is on track to deliver approximately $14 billion of additional earnings and cash flow growth potential over the next four years. This statement indicates the company's confidence in its operational performance and strategic initiatives aimed at increasing profitability and shareholder value.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:37 am

ZOM

Zomedica will present new clinical data supporting new indications for PulseVet shock wave therapy at the American Association of Equine Practitioners' annual meeting. This could potentially expand the applications of PulseVet technology and enhance Zomedica's product offering in the veterinary market.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:36 am

TSLA

Tesla Inc (NASDAQ:TSLA) is offering discounts on inventory Model 3 vehicles, with a rear-wheel drive (RWD) version available for about $28,000 after a $7,500 federal tax incentive. This price is valid until December 31, after which the incentive will be reduced to $3,750 due to new guidance aimed at reducing Chinese content in EV batteries. State-wide incentives could further lower the price, but these come with income restrictions. Elon Musk has commented that such incentives are hard to access for the average person, making Tesla vehicles more expensive in the short term compared to competitors like the Toyota Corolla or RAV4.

Portfolio Pulse from Anan Ashraf

December 06, 2023 | 10:55 am

UBER

Uber Technologies Inc (NYSE:UBER) introduces Robot Reindeers for food deliveries and store pickups this Christmas. The service will be available in select U.S. cities, with robot reindeer delivering food in Los Angeles, Miami, and Fairfax. Uber Connect will facilitate store pickups in 1700 cities, and Uber Charter will offer festive buses in major cities. Additionally, a 'Grinchmas kit' will be sold to Uber Eats members for $49.99 starting Dec. 12. The National Retail Federation's survey suggests that despite inflation, holiday spending remains important, indicating potential high demand for Uber's services.

Portfolio Pulse from Anan Ashraf

December 06, 2023 | 8:49 am