Streetbeat News

Revenues

NNDM

Nano Dimension has reported a preliminary Q3 revenue of $12.2 million, which is a 22% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:39 pm

IMAX

IMAX Corporation has announced a $13 million debut for 'TAYLOR SWIFT: THE ERAS TOUR'.

Portfolio Pulse from Bill Haddad

October 16, 2023 | 12:32 pm

INDI

indie Semiconductor has announced that it expects its Q3 revenue to exceed $60M, which is slightly higher than its previous guidance.

Portfolio Pulse from Bill Haddad

October 16, 2023 | 12:32 pm

RARE

Ultragenyx Pharmaceutical expects Q3 revenue from Crysvita to be between $74M-$76M and Dojolvi revenue to be between $16M-$17M. The decrease in Crysvita revenue in the US was due to a decrease in channel inventory related to Kyowa Kirin Co's change from Ultragenyx labeled product to KKC’s labeled product.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:17 pm

OTRK

Ontrak (OTRK) has announced that it has four prospects in the final stage of its sales cycle that could generate growth opportunities in the near future, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:15 pm

OTRK

Ontrak, Inc. has been informed by a health plan customer that they will cease using the company's services after February 2024. This customer accounted for 32% of Ontrak's revenue for the first half of 2023. However, Ontrak does not anticipate a significant negative impact on its revenue due to this decision. The company has four active prospects, including one existing customer considering expanding utilization of their services.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:14 pm

RAD

Rite Aid Corporation (NYSE:RAD) has filed for Chapter 11 bankruptcy protection and plans to restructure to reduce its debt. The company will close underperforming stores and has secured $3.45 billion in new funding for its restructuring plan. Rite Aid has also appointed Jeffrey Stein as CEO and Chief Restructuring Officer. The company is facing numerous lawsuits and reported a net loss of $306.7 million in Q1. Rite Aid expects to lose between $650 million and $680 million for FY24.

Portfolio Pulse from Vandana Singh

October 16, 2023 | 12:01 pm

GAME

GameSquare has reported over $275,000 in new contract annual recurring revenue (ARR) wins for Q3, following its acquisition of Engine Gaming and joint SaaS offering. The gross margin from these contracts is significantly above the company's average.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:38 am

MRNA

NVAX

PFE

Pfizer has reduced its 2023 COVID vaccine revenue outlook, leading to a decrease in the share prices of vaccine stocks.

Portfolio Pulse from Bill Haddad

October 16, 2023 | 11:29 am

PFE

Pfizer has lowered its sales outlook for its COVID-19 products, leading to a decrease in its share price.

Portfolio Pulse from Bill Haddad

October 16, 2023 | 11:26 am