Streetbeat News

Revenues

TOPS

TOP Ships Inc. has successfully extended the time charter employment for two of its Very Large Crude Carriers (VLCC) for approximately three years. The daily rate for each vessel is set at $41,500, with an option for the charter to extend for an additional two years.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 2:19 pm

FRSX

Foresight Autonomous Holdings reported an improvement in its Q3 2023 financial results with an adjusted EPS of $(0.01), up from $(0.02) in the same quarter the previous year. Revenue also increased to $304K from $203K year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 2:18 pm

GDC

GD Culture Group Limited (NASDAQ:GDC), through its subsidiary AI Catalysis Corp., announced the release of DigiTrax Entertainment's AI music production software, KR38R PRO. This tool, which has been in development for seven years and is based on seven patents, integrates with major digital audio workstations to streamline the music composition process. The launch is part of a series of AI-powered music technology products that aim to transform the music industry and provide value to artists, labels, and shareholders.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 2:13 pm

BTI

British American Tobacco (NYSE:BTI) is facing industry changes with strategic adaptations. Despite a 21.36% stock decline YTD, BTI shows resilience with investments in 'new categories' like vaping, which contribute to 26% revenue growth. The company's financials are stable, with equity holdings exceeding long-term debt. Investors are considering if the stock drop is a buying opportunity, reflecting a Warren Buffett-style value investment with a 9% yield.

Portfolio Pulse from Surbhi Jain

November 22, 2023 | 2:10 pm

IPA

ImmunoPrecise Antibodies Ltd. (NASDAQ:IPA) announced the launch of BioStrand's advanced AI-driven drug discovery platform, integrating diverse data modalities with proprietary HYFT technology and LENSai platform. The platform aims to enhance accuracy and interpretability in drug development, leveraging Vertical AI for tailored therapies. The market for AI in healthcare is expected to grow significantly, positioning ImmunoPrecise and BioStrand as potential leaders in AI-driven biotherapeutic research.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 2:06 pm

DLO

dLocal shares have declined following the release of their Q3 financial results, which fell short of expectations. Additionally, the company has reaffirmed its full-year 2023 revenue guidance, which is also below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:38 pm

VCYT

Veracyte, Inc. has announced that seven posters showcasing the clinical value of its Decipher Prostate genomic testing will be presented at the Society of Urologic Oncology (SUO) 2023. These presentations are expected to highlight the benefits and effectiveness of the Decipher Prostate test in clinical settings.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:32 pm

MTEK

Maris-Tech announced receiving a new order worth $550,000 from a defense industry company for its Jupiter AI platform-based intelligence-gathering situational awareness solution, to be used in armored and autonomous vehicles.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:11 pm

LAZY

Lazydays (LAZY) has acquired Orangewood RV Center in Surprise, Arizona, renaming it 'Lazydays RV of Phoenix at Arrowhead'. This addition is the 24th location for Lazydays and is expected to contribute approximately $40 million in annualized revenue. In 2023, Lazydays has completed five acquisitions and opened three new locations, anticipated to bring over $300 million in annualized revenue. The acquisition enhances Lazydays' presence in the Western region and continues to offer products from Grand Design, Keystone, KZ, and Starcraft.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:01 pm

TRDA

Entrada Therapeutics plans to announce data from its ENTR-601-44-101 study in the second half of 2024. The company also expects its cash runway to last through 2025, indicating a stable financial position for the near future.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 12:04 pm