Streetbeat News

Revenues

AREN

The Arena Group Holdings reported Q3 2023 earnings per share (EPS) of $(0.48), an improvement from $(0.90) year-over-year (YoY). However, the company's revenue of $63.4M fell short of the estimated $67.253M.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:36 pm

INLX

Intellinetics (AMEX:INLX) reported Q3 earnings of $0.05 per share, consistent with the previous year, but missed sales estimates with $4.25M versus the expected $4.30M. Sales increased by 10.05% compared to the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 14, 2023 | 9:35 pm

ALC

Alcon has provided its 2023 financial outlook, projecting a core EPS of $2.70-$2.75, which is in line with the lower end of the analyst estimate of $2.75. The company also forecasts net sales to be between $9.3B-$9.4B, slightly below the estimated $9.49B.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:34 pm

ATOM

Atomera Incorporated (NASDAQ:ATOM) has announced reaching a significant revenue milestone under its first commercial license for Mears Silicon Technology (MST). The company has completed the transfer of intellectual property to a customer, enabling them to manufacture MST-enabled wafers. This step paves the way for the customer to sell MST-enabled products and pay ongoing royalties to Atomera.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:34 pm

REBN

Reborn Coffee, Inc. (NASDAQ:REBN) reported a Q3 EPS loss of $(0.23), a 15% increase in loss compared to $(0.20) in the same quarter last year. However, sales rose significantly by 71.91% to $4.09M from $2.38M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:32 pm

POLA

Polar Power reported a 12% year-over-year increase in net sales for Q3, reaching $1.9M. However, the company experienced a loss, with an EPS of $(0.14).

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:31 pm

BIAF

bioAffinity Technologies (NASDAQ:BIAF) reported a significant improvement in Q3 earnings with a loss of $(0.26) per share compared to a loss of $(1.10) per share in the same quarter last year. Sales also saw a dramatic increase to $298.48K from just $1.15K in the previous year's quarter.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:30 pm

OTRK

Ontrak, Inc. has reaffirmed its financial outlook for the fiscal year 2023, maintaining its revenue estimate in the range of $12 million to $14 million. This projection is based on existing and planned enrollment launches, anticipated program expansions with current health plan partners, and current expectations with existing customers regarding outreach pool, budget considerations, and timing of expansions.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:28 pm

PPSI

Pioneer Power Solutions forecasts its FY23 revenue to be between $42M-$45M, which is in line with the analyst estimate of $44.73M.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:28 pm

SRFM

Surf Air Mobility forecasts its FY23 revenue to be between $107.5M and $112.5M, which is below the estimated $113.4M.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:25 pm