Streetbeat News

Revenues

LVMHF

LVMH-Moet Hennessy Louis Vuitton reported its Q3 revenue of €19.96B.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 3:56 pm

BA

Boeing has ended September with a commercial airplane backlog of 5,172. The company booked 74 orders for 787s and 150 orders for 737 MAX in September.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 3:07 pm

VLRS

Volaris has revised its FY23 revenue guidance downwards from a range of $3.2B-$3.4B to approximately $3.2B.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 2:28 pm

MAXN

Maxeon Solar Technologies Ltd (NASDAQ:MAXN) has lowered its Q3 FY23 guidance due to reduced shipments to its largest US customer and a global slowdown in demand. The company also plans to restructure its operations, including a 15% reduction in global headcount and a shift in manufacturing capacity in the Philippines. Despite the news, MAXN shares are up 0.94%.

Portfolio Pulse from Lekha Gupta

October 10, 2023 | 2:16 pm

SPY

The Wholesale Trade Sales for the month of August increased by 1.8% month-on-month.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 2:01 pm

IINN

Inspira Technologies Oxy B.H.N. Ltd. (IINN) has entered into a distribution agreement with CIO MED GROUP in Central America. The agreement is expected to potentially generate $28 million.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 1:31 pm

SMTI

Sanara MedTech has announced its first sale of ALLOCYTE Plus Advanced Viable Bone Matrix. This marks a significant milestone for the company as it expands its product portfolio.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 1:19 pm

EHTH

eHealth, Inc. (NASDAQ:EHTH) has announced key achievements and milestones ahead of Medicare's Annual Enrollment Period (AEP). The company has unveiled new branding, improved customer experience, and met its sales agent hiring goals. eHealth has also released new consumer-facing tools and redesigned its website. The company expects to return to strong Medicare enrollment growth during the fourth quarter and is in a strong liquidity position to support its growth plans.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:15 pm

MAXN

Maxeon Solar Technologies (NASDAQ:MAXN) has announced preliminary Q3 revenue and shipment results, expecting revenues to be in the range of $224 to $229 million, lower than the estimated $316.2 million. The company's performance was impacted by reduced shipments to its largest US customer and a global demand slowdown. Maxeon is taking action to re-engineer its manufacturing capacity and strengthen its business fundamentals. The company also plans to reduce its global workforce by approximately 15% by the end of the year.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:02 pm

SPY

The USA Redbook Year-over-Year (YoY) has increased to 4% from the previous 3.5%.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 12:57 pm