Streetbeat News

Revenues

TSLA

Tesla's shares are trading lower due to a report indicating a decrease in the company's China-made EV sales in September.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 2:11 pm

CZR

DKNG

FLTR

MGM

RSI

Mobile sports betting revenue in New York hit a record $165.6m in September, up 15.6% from $143.3m in September 2022 and 68.1% more than $98.5m in August 2023. FanDuel, owned by Flutter Entertainment, retained the top spot in revenue terms, followed by DraftKings, Caesars, BetMGM, and Rush Street Interactive. PointsBet, recently acquired by Fanatics Betting and Gaming, posted $1.6m in gross gaming revenue. Bally Bet remained closed for the third consecutive month.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 1:48 pm

MCOM

Micromobility.com Inc. (NASDAQ:MCOM), parent company of Wheels, has announced a significant increase in subscriptions following the successful opening of its flagship Soho store. The company plans to expand its operations into Los Angeles, Seattle, Miami, and Austin. In the coming month, Wheels and its sister companies will transition their existing warehouse locations into service hubs to enhance operational efficiency and support the growing demand for micromobility subscriptions.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:48 pm

TYGO

Tigo has reported a decrease in revenue for the quarter due to a number of unexpected purchase order cancellations and returns.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:35 pm

TYGO

Tigo Energy, Inc. (TYGO) has reported that a significant number of customers have requested to delay their purchase order deliveries to the fourth quarter of 2023 or early 2024.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:35 pm

TYGO

Tigo Energy has revised its preliminary Q3 revenue outlook to $17M-$18M, down from the previous estimate of $41M-$45M.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:34 pm

AMTX

Aemetis Biogas, a subsidiary of Aemetis Inc., has received $53 million from the sale of Investment Tax Credits (ITC).

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:21 pm

APLD

Applied Digital has reaffirmed its total revenue guidance range for FY24 to be between $385M and $405M.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:02 pm

LLY

The FDA has approved FoundationOne CDx as a companion diagnostic for Eli Lilly's Retevmo (selpercatinib) for certain patients with solid tumors. This approval could potentially increase the usage of Retevmo, thereby boosting Eli Lilly's revenues.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 11:13 am

PTGX

Protagonist Therapeutics (NASDAQ:PTGX) announced that it will be eligible to receive $60M in milestone payments in Q4 for the advancement of JNJ-2113 into multiple clinical development programs led by Janssen Biotech, a Johnson & Johnson company. The ICONIC clinical development program in adult patients with moderate to severe psoriasis is advancing to Phase 3 with two studies starting in November, and the ANTHEM-UC Phase 2b study in adults with moderately to severely active ulcerative colitis will begin this month.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 11:07 am