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Revenues

COSM

Cosmos Health Inc. (NASDAQ:COSM) CEO Greg Siokas has issued a letter to shareholders outlining the company's strategic plans and financial outlook. The company has introduced its 2026 guidance, expecting to achieve over $180M in gross annual revenue and EBITDA in excess of $20M. The company has completed three acquisitions in 2023 and is making progress in R&D. The company is also considering spinning off its R&D division into a standalone, publicly listed biotech company. The CEO has invested more than $15M since inception, including almost $1M YTD.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:43 pm

DYAI

Dyadic International (NASDAQ:DYAI) has entered into a research collaboration agreement with the Vaccine and Immunotherapy Center (VIC) at Massachusetts General Hospital and Voltron Therapeutics. The collaboration is part of a $5.88 million award from the U.S. Department of Defense to VIC for the development of a Self-Assembling Vaccine (SAV) Platform for rapid production of prophylactic vaccines. Dyadic's proprietary C1 protein production platform will be used to express vaccine antigens for influenza A and other infectious diseases. If successful, this collaboration could provide a commercial opportunity for Dyadic to receive revenues from products brought to market.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:42 pm

LW

Lamb Weston has increased its revenue outlook for FY24 from $6.7B-$6.9B to $6.8B-$7B, compared to the estimated $6.83B.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:35 pm

LPTH

LightPath Technologies has secured a renewal order worth $3.4 million, marking a 36% increase from the initial order.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:35 pm

VFS

Vinfast CEO announced that the company's US dealerships will be open by the end of the year. He also expects the company to break even within two years and to be running its Vietnam factory at full capacity within the same timeframe.

Portfolio Pulse from Bill Haddad

October 05, 2023 | 12:31 pm

SPY

The USA trade balance for August was reported at -$58.30 billion, better than the estimated -$62.30 billion and the prior figure of -$64.70 billion.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:30 pm

RIVN

Rivian Automotive has announced a $1.5 billion proposed green convertible senior notes offering. The company also reported preliminary Q3 revenue estimates. This news has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:24 pm

ADBE

EBIZ

SPY

XRT

Adobe has released its online shopping forecast for the 2023 holiday season, predicting US online holiday sales to reach $221.8B, a 4.8% growth YoY. The company also expects Cyber Monday spending to hit $12B.

Portfolio Pulse from Bill Haddad

October 05, 2023 | 12:17 pm

ADBE

EBIZ

SPY

XRT

Adobe has released its online shopping forecast for the 2023 holiday season, predicting US online holiday sales to reach $221.8B, a 4.8% growth YoY. It also expects Cyber Monday spending to hit $12B.

Portfolio Pulse from Bill Haddad

October 05, 2023 | 12:16 pm

LAES

SEALSQ Corp (NASDAQ:LAES) reported a 20.4% increase in its unaudited revenue for the first nine months of 2023, reaching $22.1 million. The company attributes this growth to robust customer demand for its semiconductors and Matter-related products, and successful execution of its growth strategy. The strategy includes amplifying production and supply chain efficacy, acquiring new business ventures, maturing its Trust Services business, expanding its U.S. market presence, and investing in next-gen semiconductor technology.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:14 pm