Streetbeat News

Revenues

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

FEDU

Four Seasons Education (NYSE:FEDU) reported a significant increase in sales to $8.52M in H1, up from $2.01M YoY, with adjusted earnings per share at $0.41.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 11:39 am

BP

BP PLC and Corio Generation are investing $1.16 billion in wind farm projects in South Korea, as part of the countries' cooperation in carbon-free energy. The projects are expected to boost the local economy and create jobs by increasing demand for South Korean-made equipment. BP aims to expand its investments in South Korea's renewable energy sector. The news comes during South Korean President Yoon Suk Yeol's state visit to Britain. BP shares are trading lower by 0.50% premarket.

Portfolio Pulse from Nabaparna Bhattacharya

November 22, 2023 | 11:20 am

JFIN

Jiayin Group (JFIN) reported a 29.69% increase in quarterly earnings per share (EPS) at $0.83, up from $0.64 YoY. Sales also rose by 59.86% to $200.98M from $125.72M YoY.

Portfolio Pulse from totan@benzinga.com

November 22, 2023 | 11:02 am

AAPL

FXI

XIACF

Reuters reported that smartphone shipments in China saw a significant increase of 60.9% year-over-year in September, reaching a total of 31.9 million units, according to data from the China Academy of Information and Communications Technology (CAICT).

Portfolio Pulse from Charles Gross

November 22, 2023 | 9:55 am

GOTU

Gaotu Techedu anticipates its Q4 revenue to be between RMB668 million and RMB688 million, reflecting a year-over-year increase of 6.1% to 9.3%. This forecast surpasses the estimated revenue of $118.08 million.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 9:20 am