Streetbeat News

Revenues

HCTI

Healthcare Triangle (HCTI) reported a narrower Q3 loss of $(0.46) per share compared to $(0.70) per share in the same quarter last year. However, sales declined to $7.80M from $11.90M in the same period, representing a 34.45% decrease.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:46 pm

FOXF

FSR

MPX

VAC

XPEL

The article lists the top 5 oversold consumer discretionary stocks with an RSI near or below 30, indicating potential undervaluation. Fisker Inc. (FSR) is set to report earnings with a recent gain in stock price. Fox Factory Holding Corp. (FOXF) reported disappointing financial results but acquired Marucci Sports. Marine Products Corporation (MPX) had weaker Q3 results due to post-COVID demand normalization and hurricane impact. XPEL, Inc. (XPEL) reported lower earnings but sees strong demand. Marriott Vacations Worldwide Corporation (VAC) experienced a drop in net income but expects recovery with Maui reopening.

Portfolio Pulse from Lisa Levin

November 13, 2023 | 1:46 pm

HOUR

Hour Loop has raised its FY23 revenue guidance to a range of $145M-$153M, indicating a 40%-48% year-over-year growth, while maintaining its net income guidance for 2023 at $0.5M-$4M.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:41 pm

XOM

Exxon Mobil's President Dan Ammann, in a CNBC interview, projected that lithium demand will quadruple by 2030, indicating significant growth in the market for this critical battery component.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:41 pm

EVLV

Evolv Technology (NASDAQ:EVLV) announced significant milestones, having screened over 1 billion visitors with its AI-based weapons detection system, Evolv Express, since 2019. The company detected nearly 300,000 guns and knives in the first nine months of 2023 and now screens over 2 million people per day. Evolv has over 4,000 active long-term subscriptions and is stopping an average of 1,000 weapons daily. Customers like Niagara Falls City School District, Lincoln Center, and Boch Center praised Evolv's non-intrusive, comprehensive security solutions.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:22 pm

IGC

IGC Pharma reported Q2 earnings with a net loss of $(0.05) per share, consistent with the previous year. However, sales increased by 44.06% to $291.00K from $202.00K in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:15 pm

ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) has started shipping its most powerful microinverters, the IQ8P, in Brazil, designed to support high-powered solar modules with a peak output of 480 W. The launch follows the introduction of the Solargraf platform in Brazil, aiding solar installers in the sales and installation process. The IQ8P Microinverters can handle a continuous DC current of 14 Amperes and pair with solar modules up to 670 W DC. They come with a 25-year limited warranty and integrate with the Enphase Energy System and IQ Gateway for easy monitoring and updates via the Enphase App.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:13 pm

SNDL

SNDL Inc. reported an improvement in its Q3 earnings per share (EPS), posting C$(0.08) compared to C$(0.41) year-over-year (YoY). Sales also increased to C$237.59 million from C$230.50 million YoY.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:13 pm

BTM

Bitcoin Depot reported a Q3 revenue of $179.5 million, marking a 3% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:07 pm

ABL

Abacus Life (NASDAQ:ABL) reported a decrease in adjusted EPS to $0.14 in Q3 2023, down from $0.20 YoY. However, sales increased to $21.12M, up from $17.54M YoY, marking a 20.42% rise.

Portfolio Pulse from saritha@benzinga.com

November 13, 2023 | 1:05 pm