Streetbeat News

Revenues

PCYG

Park City Group's total revenue for FY23 is reported at $19.1M, marking an increase from the previous year's $18M.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 8:08 pm

IVA

Inventiva's H1 2023 earnings per share (EPS) is €(1.31), down from €(0.72) year over year (YoY). However, the company's revenue has significantly increased to €1.901M from €67K YoY.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 8:05 pm

CURLF

MSOS

Curaleaf's Executive Chairman, Boris Jordan, has stated that the company has been doubling its business in Europe for the past three years.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:25 pm

CURLF

MSOS

Curaleaf's Executive Chairman, Boris Jordan, stated that the elimination of 280e would result in a direct cash benefit of approximately $150 million to the company's bottom line.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:15 pm

MSOS

Illinois Governor Pritzker announced at the Benzinga CCC that the state has used cannabis tax revenues to invest in communities that were previously harmed. So far, $144M has been reinvested into communities and hundreds of organizations.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 3:46 pm

LI

Shares of Li Auto Inc (NASDAQ:LI) are trading lower by 2.5% due to the ongoing crisis with China Evergrande Group. The crisis has led to decreased consumer confidence in China, potentially affecting Li Auto's sales and revenue. Additionally, the crisis could cause supply chain disruptions and increased costs for Li Auto. China Evergrande Group's stock has been suspended in Hong Kong amid reports of police surveillance on its chairman.

Portfolio Pulse from Henry Khederian

September 28, 2023 | 3:05 pm

BABA

Alibaba Group Holding Ltd (NYSE:BABA) shares are trading lower due to the ongoing crisis with China Evergrande Group. The crisis has raised concerns about economic stability in China, which could impact Alibaba's revenue growth and lead to tighter regulatory oversight. Alibaba has already been under increased regulatory scrutiny in China.

Portfolio Pulse from Henry Khederian

September 28, 2023 | 3:04 pm

AGCO

TRMB

AGCO Corporation has entered into a joint venture with Trimble Inc, acquiring an 85% interest in Trimble's Ag assets and technologies for $2.0 billion. The deal is expected to double the JV's EBITDA by year five post-closing and be accretive to AGCO's revenue growth, operating margin profile, and earnings per share in the first full year post-close. AGCO also announced a strategic review of its Grain & Protein business.

Portfolio Pulse from Shivani Kumaresan

September 28, 2023 | 2:52 pm

SPY

The USA Pending Home Sales Index for August was reported at 71.8, lower than the prior figure of 77.3.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:00 pm

CRLBF

GTBIF

VRNOF

Illinois Governor JB Pritzker will be a keynote speaker at the Benzinga Cannabis Capital Conference, discussing the state's successful legalization of marijuana. Key players in the Illinois market, including Cresco Labs Inc, Verano Holdings Corp, and Green Thumb Industries Inc, have created 30,000 jobs and helped the state's marijuana sales reach $1.5 billion in 2022.

Portfolio Pulse from Jelena Martinovic

September 28, 2023 | 1:44 pm