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HON

VSEC

VSE Corporation has entered into an asset purchase and perpetual license agreement with Honeywell International Inc. VSE acquired the perpetual license and asset for $105 million, which included $12 million of existing inventory. The agreement will allow VSE to exclusively manufacture and support certain of Honeywell's fuel control systems. This is expected to provide long-term, sustainable revenue and an improved mid-term EBITDA margin outlook for VSE Aviation. VSE has increased its Aviation segment FY23 revenue growth outlook from 25% - 30% to 30% - 35%.

Portfolio Pulse from Shivani Kumaresan

October 04, 2023 | 4:31 pm

TM

Toyota Motor's shares are trading lower due to weakness in Japanese stocks. The company also reported its North America sales.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 3:47 pm

VVOS

Vivos Therapeutics Inc (NASDAQ:VVOS) has announced two strategic agreements with Ormco and On Demand Orthodontist to provide Spark Clear Aligners to its national network of providers. This is expected to create additional revenue opportunities and expand Vivos' product line. The collaboration will also facilitate pricing discounts for Vivos' providers and joint marketing and sales support. The company expects faster treatment times and improved clinical outcomes for patients using Vivos CARE devices with Spark Aligners.

Portfolio Pulse from Vandana Singh

October 04, 2023 | 2:36 pm

AMPG

AmpliTech Group, Inc (NASDAQ:AMPG) has announced new partnerships and an increase in bookings within its Satcom components subdivision, Specialty Microwave. The division has booked $1 million in Q2 and Q3 of 2023, expected to convert to revenue mostly in the first half of 2024. This is attributed to securing business from global entertainment companies such as Warner Bros., Disney, Paramount, and CBS Viacom. The bookings are for assemblies crucial for efficient signal transmission and reception across news, TV, and entertainment networks.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 1:11 pm

BFRI

Biofrontera Inc. (NASDAQ:BFRI) has announced preliminary Q3 revenues of approximately $8.7M-$9M, surpassing the estimated $7.03M. This represents an increase of 101% to 108% compared to Q3 2022. The company also reaffirmed its guidance for full-year revenue growth of at least 25% over 2022. The growth in revenues is attributed to the company's focus on contracting with key accounts, increased adoption of photodynamic therapy (PDT), and onboarding large new customers.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 12:45 pm

VLGEA

Village Super Market (NASDAQ:VLGEA) reported Q4 sales of $553.80 million, a 4.99% increase from $527.50 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 12:21 pm

LAB

Standard BioTools has raised its FY23 revenue outlook from $80M-$84M to $100M-$105M. SomaLogic reaffirmed its full year 2023 revenue guidance of $80 - $84 million.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 12:15 pm

VSEC

VSE Corporation has increased its 2023 revenue forecast for its Aviation Segment from 25-30% to 30-35%.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 12:09 pm

ROAD

Construction Partners, Inc. has announced its preliminary financial results for FY23 and FY24. The company expects FY23 revenue to be between $1.547 billion and $1.557 billion, compared to $1.30 billion in FY22. Net income for FY23 is expected to be between $44.8 million and $47.0 million, compared to $21.4 million in FY22. The company also provided an outlook for FY24, expecting revenue to be between $1.75 billion and $1.825 billion.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 12:04 pm