Streetbeat News

Revenues

ONDS

Ondas Holdings projects Q4 revenue of $4.2M to $4.4M, surpassing the $3.82M estimate, and forecasts FY23 revenue of $15M, slightly above the $14.96M estimate. The company anticipates a significant increase in revenue for the full year 2023, aiming for a more than 6-fold rise from the $2.2M reported in 2022. However, quarterly revenue growth may vary due to uncertainties in customer orders and production timing, particularly concerning the 900 MHz Rail network and orders from the UAE and U.S. customers.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:36 pm

TCRT

Alaunos Therapeutics is actively exploring strategic alternatives and has reduced its workforce by about 80% to extend its cash runway into Q2 2024. These measures are aimed at streamlining the organization and maximizing financial resources.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:34 pm

LUNA

Luna Innovations has revised its FY23 revenue forecast downwards to $120M-$125M from the previous range of $125M-$130M. This new forecast is slightly below the consensus estimate of $125.01M.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:34 pm

PTN

Palatin Technologies reported a significant increase in net product revenue for Q1, with earnings of $2.106 million compared to $869.65 thousand year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:32 pm

SABS

SAB Biotherapeutics (NASDAQ:SABS) reported Q3 earnings with a loss of $(0.10) per share, surpassing the estimated $(0.12) per share. Despite the earnings beat, the company's sales declined to $1.27M from $3.59M in the same quarter last year, marking a 64.71% decrease.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:21 pm

ALLG

Allego, an electric vehicle charging network company, has projected its total revenues for 2023 to be in the range of €180 million to €185 million.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:17 pm

ALLG

Allego reported a 28.2% year-over-year increase in Q3 revenue, reaching €28.6 million. The company's charging revenue saw a significant rise of 53% YoY, amounting to €22 million.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:17 pm

ENR

Energizer Holdings has provided guidance for its Q1 adjusted EPS to be between $0.50 and $0.60, which is below the estimated $0.86. The company also expects its Q1 organic revenue to decrease by 6%-8%.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:14 pm

BEEM

Beam Global reported a Q3 backlog of $31 million and a pipeline exceeding $112 million. The backlog represents confirmed orders awaiting fulfillment, while the pipeline indicates potential future business.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:14 pm

MOND

Mondee forecasts its FY23 net revenue to be approximately $210 million, which is below the estimated $244.96 million. The company also expects its adjusted EBITDA to be around $25 million for the same period.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 12:12 pm