Streetbeat News

Revenues

BMY

Bristol Myers Squibb has announced new data on Zeposia, indicating long-term disease progression and cognition in patients with relapsing forms of Multiple Sclerosis. This could potentially lead to increased sales and revenue for the company.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 7:20 am

CPA

Copa Holdings reported a 13.6% increase in capacity and a 14.1% rise in passenger traffic for September 2023 compared to the same period in 2022. The load factor was 87.3%.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 6:32 am

AMZN

Amazon.com Inc. (NASDAQ:AMZN) is testing a new feature called 'Buy Again' on its app to encourage repeat purchases from existing customers. The feature offers tailored product recommendations based on customers' buying history. This comes as Amazon faces declining growth in Prime memberships and reduced spending from users. Data shows a decrease in average annual spending by Prime members from $1,400 in 2018 to $1,100 in 2020. Non-Prime members have also reduced their average spending from $600 to $500 annually.

Portfolio Pulse from Ananya Gairola

October 11, 2023 | 5:31 am

AAPL

CCHWF

CRLBF

TGT

The Cannabist Company Holdings Inc (OTC:CCHWF) recently underwent a rebranding from Columbia Care Inc. The rebranding was aimed at aligning the company with the evolving needs and expectations of the consumer base and their own team. The timing of the rebrand coincided with the potential acquisition with Cresco Labs Inc. (OTCQX: CRLBF). The company is also leveraging technology to overcome industry challenges and is focusing on enhancing consumer experience in its retail outlets. The company's shares closed Tuesday's market session at $1.23 per share, trading up 8.18%.

Portfolio Pulse from Joana Scopel

October 10, 2023 | 9:22 pm

UCAR

U Power reported 1H 2023 financial results with total revenues of $0.3M, down from the same period last year. The company didn't generate revenue from product sales due to insufficient business development in new market regions. Operating loss was $2.8M, up from last year, primarily due to increased audit and professional service costs. Net loss was $1.0M, down from last year.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:41 pm

SILK

Silk Road Medical has announced preliminary Q3 revenue results that are below estimates. The company also issued FY23 revenue guidance that is lower than expected.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:28 pm

SILK

Silk Road Medical has projected its FY23 revenue to be between $170M-$174M, which is lower than the estimated $181.66M.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 8:24 pm

SILK

Silk Road Medical has announced its preliminary Q3 revenue to be $44.4M, which is lower than the estimated $46.29M.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 8:22 pm

ETWO

E2open Parent Holdings, Inc. has projected its FY24 subscription revenue to be between $530M-$538M, and total GAAP revenue to be between $625M-$635M. The company also expects its Q3 GAAP subscription revenue to be between $130M-$133M.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 8:21 pm