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Revenues

AWH

Aspira Women's Health has obtained reimbursement approval for its Ova1Plus test from California Medicaid. The test will be reimbursed at a rate of $897 for all tests meeting the applicable coverage criteria, effective from October 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:11 pm

AMPS

Brightcore Energy has partnered with Altus Power, Inc. (NYSE:AMPS) and Brennan Investment Group on a new community solar project. The project involves installing solar panels across 19 properties, expected to produce 8,993MWh of electricity annually. The 7.5-megawatt rooftop system is set to be completed next month, contributing to significant CO2 emissions reductions. Altus Power's role as a leading clean electric power provider is highlighted, along with the project's alignment with New Jersey's growing community solar program.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:10 pm

NUWE

Nuwellis, Inc. (NASDAQ:NUWE) announced new real-world data showing positive responses in pediatric patients with fluid overload to its Aquadex ultrafiltration therapy with continuous hematocrit monitoring. The study, published in Pediatric Nephrology, demonstrated successful treatment without complications. The therapy is FDA-cleared for use in adults and pediatric patients weighing 20 kg or more. Nuwellis emphasizes the importance of managing fluid overload, which is linked to increased mortality in pediatric patients.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:09 pm

ICCM

IceCure Medical announced the publication of a study in 'Cancers' showing the safety and efficacy of its ProSense system. The study reported a 92% disease-free survival rate at a median follow-up of 26.5 months.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:06 pm

GOOS

Canada Goose has acquired the operating assets of Paola Confectii Manufacturing, a Romanian knitwear supplier, marking its first European manufacturing facility. This move aligns with the company's Strategic Growth Plan to expand categories and increase year-round relevance. The acquisition is expected to enhance product margins, supply control, and in-house expertise. Knitwear is a key segment in Canada Goose's growing Apparel category, which surpassed $70 million in annual sales in fiscal 2023. The company will continue to produce core down-filled products in Canada, while expanding apparel production in Europe.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:04 pm

NNDM

Nano Dimension (NASDAQ:NNDM) reported Q3 EPS of $(0.26), which is unchanged from the same period last year. However, sales increased by 21.62% to $12.16M from $10.00M in the same quarter the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 12:57 pm

BTTX

Better Therapeutics, Inc. (NASDAQ:BTTX) has amended its debt facility with Hercules Capital, Inc. to extend the Interest Only period, redeem debt without penalties, and potentially remove the minimum cash covenant. The amendment also allows for debt-to-equity conversion under certain conditions. Additionally, Better Therapeutics is implementing cost-saving measures, including salary reductions, to improve its financial position by $5M through Q1 2024. These steps are taken to support the commercial launch of its FDA-authorized lead product, AspyreRx, for type 2 diabetes treatment.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 12:50 pm

CLCO

Cool Company Ltd. (CLCO) reported an increase in Q3 sales to $92.9M from $65.83M YoY, and a rise in net income to $39.17M from $36.77M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 12:46 pm

BABA

PDD

PDD Holdings Inc (NASDAQ:PDD) reported a significant third-quarter FY23 revenue increase of 94% year-on-year to $9.44 billion, surpassing the consensus estimate of $7.69 billion. Adjusted earnings per ADS were $1.55, beating the $1.23 consensus. The company saw a 39% increase in online marketing services revenue and a 315% jump in transaction services revenue. PDD's adjusted operating profit rose 47% Y/Y to $2.48 billion. The company has $27.8 billion in cash and equivalents and generated $4.46 billion in operating cash flow. PDD shares surged 14.68% to $135.00 in premarket trading. The stock has risen 39.3% YTD.

Portfolio Pulse from Anusuya Lahiri

November 28, 2023 | 12:44 pm

GXO

GXO Logistics has extended its agreement with Amer Sports, including added returns services. This extension solidifies GXO's position as a key logistics provider for Amer Sports, potentially increasing GXO's revenue and customer base.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 12:03 pm