Streetbeat News

Revenues

OSA

ProSomnus, Inc. (NASDAQ: OSA), a leading CPAP alternative for the treatment of Obstructive Sleep Apnea, has raised $10 million in a convertible preferred equity offering led by Spring Mountain Capital and Cetus Capital, LLC. The new capital will be used to optimize the company's core business operations and support its strategic growth initiatives. The company reported a 48% revenue growth in the first half of 2023.

Portfolio Pulse from Happy Mohamed

September 21, 2023 | 12:33 pm

RSLS

ReShape Lifesciences Inc. (NASDAQ:RSLS) has signed an exclusive, royalty-bearing license agreement with Biorad Medysis to manufacture, commercialize and distribute the Obalon Gastric Balloon System in South Asia. The agreement includes an upfront payment of $200,000 from Biorad to ReShape and ongoing license payments of 4% on gross sales of the Obalon Balloon System in the territories.

Portfolio Pulse from Happy Mohamed

September 21, 2023 | 12:32 pm

GBX

Greenbrier Companies announced orders for 15,300 new railcars valued at $1.9 billion, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 12:25 pm

KAVL

PM

Kaival Brands has received its initial royalty payment from Philip Morris International due to increased international sales. This follows a recently amended agreement between the two companies.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 12:17 pm

OPRA

Opera GX, the gaming browser developed by Opera Limited (NASDAQ: OPRA), has surpassed 25 million monthly active users.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 11:08 am

FDS

FactSet has released its fiscal 2024 expectations, predicting organic ASV plus professional services growth of $130 million to $175 million. GAAP revenues are expected to be between $2.21 billion and $2.23 billion, slightly below the estimated $2.23 billion. Adjusted diluted EPS is expected to be in the range of $15.65 to $16.15, lower than the estimated $16.65.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 11:05 am

INFY

Nigeria's Guaranty Trust Bank has chosen Infosys Finacle for its digital banking transformation across multiple countries. This could potentially increase Infosys' revenues and strengthen its position in the digital banking sector.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 10:56 am

GBX

Greenbrier Companies announced that it received orders for 15,300 new railcars with an aggregate value of $1.9B during Q4. The orders were placed by customers operating in various commercial sectors and spanned a range of railcar types. The company stated that this order activity provides clear visibility through fiscal 2024, increasing their confidence in their operating expectations.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 10:05 am

DCFC

Tritium, a manufacturer of DC fast charging (DCFC) equipment for electric vehicles, reported a 1H FY23 revenue of $112M, a significant increase from $29M in the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 9:55 am

ADDYY

Adidas CEO Bjørn Gulden has expressed his beliefs about antisemitic remarks made by Ye, formerly known as Kanye West, suggesting that Ye did not intend the comments. These comments led Adidas and other companies to sever ties with Ye. Adidas anticipates over $1 billion in revenue losses after discontinuing Ye's products. In August, Adidas announced plans to donate some profits from the high-end Yeezy collaboration to anti-hate groups.

Portfolio Pulse from Benzinga Neuro

September 21, 2023 | 9:38 am