Streetbeat News

Revenues

LDO

UNI

Rollbit, a crypto casino and futures exchange, has a market cap of $505M and YTD revenue of $355M. It ranks third in revenue among crypto protocols, behind Uniswap and Lido. Rollbit's diverse revenue streams and token buyback program have contributed to its success, with a significant portion of RLB tokens already burned. Despite rapid revenue growth and a favorable P/S ratio, potential investors should consider risks such as the platform's anonymity and licensing in Curaçao, as well as restrictions in major markets.

Portfolio Pulse from Murtuza Merchant

November 30, 2023 | 10:31 pm

BGI

Birks Group has reported a sales growth of 9.7% and a comparable store sales growth of 4.3% for the twenty-six week period ended September 23, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:06 pm

GCT

GigaCloud Technology anticipates its Q4 total revenues to range between $217 million and $223 million.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:37 pm

ALT

Altimmune reported that the weight loss trajectory at the end of treatment with Pemvidutide 2.4 mg suggests the potential for greater weight loss with continued treatment.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:29 pm

LAKE

Lakeland Industries, Inc. (NASDAQ:LAKE) has acquired New Zealand-based Pacific Helmets NZ Limited for approximately $8.5 million in an all-cash deal. Pacific Helmets, a leading designer and manufacturer of safety helmets for various firefighting and rescue markets, will add $7-8 million in sales revenue to Lakeland's next fiscal year and is expected to be immediately accretive. The acquisition expands Lakeland's global fire services portfolio and presents cross-selling opportunities through Lakeland's sales and distribution channels.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:26 pm

PATH

UiPath has provided guidance for its Q4 revenue, expecting it to be between $381M-$386M. This range brackets the analyst estimate of $383.02M.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:26 pm

EXAS

Exact Sciences Corp. (NASDAQ:EXAS) will present new data at the San Antonio Breast Cancer Symposium (SABCS) supporting the optimization and individualization of breast cancer therapy. The data includes updated TAILORx follow-up, concordance analysis for Oncotype DX results from biopsies, ADAPTcycle trial data, and a study on the potential omission of radiation therapy in DCIS patients. Other presentations cover genomic profiling, hereditary cancer testing in Puerto Rican females, and cost-effectiveness of multigene assays. The findings suggest potential treatment de-escalation and cost savings.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:25 pm

PD

PagerDuty has increased its FY24 total revenue forecast from $426M-$430M to $429M-$431M, surpassing the estimated $428.44M. Additionally, the company has raised its adjusted EPS guidance from $0.60-$0.65 to $0.72-$0.73, which is higher than the estimated $0.64.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:23 pm

AMBA

Ambarella provides Q4 fiscal year 2024 revenue guidance of $50M-$53M, aligning with the $50.35M estimate. Non-GAAP gross margin is expected to be 62%-63%, with operating expenses between $45M-$48M. The company reports a strong cash position and anticipates returning to revenue growth in Fiscal 2025, driven by progress in AI SoCs and software development. CEO Fermi Wang expresses optimism about inventory reduction by customers and the upcoming demonstration of the CV3-AD685 SoC.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:23 pm

ULTA

Ulta Beauty's stock is trading higher following the announcement of Q3 sales that surpassed expectations and an updated FY23 guidance.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:22 pm