Streetbeat News

Revenues

SLND

Southland Holdings (AMEX:SLND) reported Q3 earnings of $0.08 per share, missing the consensus estimate of $0.10 by 20%. However, their quarterly sales of $312.47M exceeded the estimate of $300.65M by 3.93%, despite being a 6.76% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:39 pm

MKFG

Markforged (MKFG) is maintaining its FY23 revenue guidance of $90M-$95M, which is below the estimated $105.49M. The company cites an uncertain macro environment and high cost of capital affecting customer purchases. Non-GAAP gross margins are expected to remain within 47%-48%. Markforged is focusing on profitable growth and has announced a reorganization to save $9-$12 million annually in opex starting in 2024, with one-time restructuring costs of about $0.9 million. The operating loss for the year is projected to be $59-$61 million, and the Non-GAAP EPS loss is expected to be $0.26-$0.28, including restructuring costs.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:34 pm

LU

Lufax reported a significant decrease in total income and net profit for Q3, with income dropping to RMB8,050 million from RMB13,193 million YoY, and net profit falling to RMB131 million from RMB1,355 million YoY.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:32 pm

ASUR

Asure Software projects its FY24 revenue to be between $125M-$127M, which is slightly below the estimated $127.09M by analysts.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:30 pm

ASUR

Asure Software has projected its Q4 revenue to be between $25M and $27M, which falls short of the estimated $29.08M.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:30 pm

ZOM

Zomedica, a veterinary health company, reported Q3 revenues of $6.3 million, marking a 31% increase compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:26 pm

ASUR

Asure Software reported an improvement in Q3 2023 EPS to $(0.1) from $(0.22) year-over-year, and revenue of $29.3M exceeded the $26.457M estimate.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:26 pm

AP

Ampco-Pittsburgh (NYSE:AP) reported Q3 2023 earnings of $0.04 per share, consistent with the same period last year. Sales rose 2.58% to $102.22M from $99.65M YoY.

Portfolio Pulse from saritha@benzinga.com

November 13, 2023 | 9:23 pm

RVYL

RYVYL projects its Q4 2023 revenue to be between $19M and $21M, surpassing the estimated $17M.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:23 pm

RVYL

RYVYL reported a significant improvement in its Q3 2023 earnings per share (EPS), posting $(0.60) compared to $(3.37) in the same quarter of the previous year. The company's revenue also surpassed expectations, coming in at $17.5 million against an estimate of $15.7 million.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:22 pm