Streetbeat News

Revenues

KAVL

Kaival Brands has announced a bulk order valued at over $750K for BIDI Sticks from H.T. Hackney. This could potentially boost the company's revenues and profitability.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 12:20 pm

LAZ

Lazard Ltd has set a goal to double its revenue by 2030.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 12:02 pm

AAPL

GOOGL

META

MSFT

NVDA

Microsoft-backed OpenAI is expanding its global presence with a new office in Dublin, Ireland. This follows the establishment of its first non-US office in London. OpenAI has also listed nine job openings in Ireland, indicating its plans to grow its team. The company joins other tech giants such as Meta Platforms, Alphabet, LinkedIn, and Apple in establishing a base in Ireland. OpenAI aims to generate over $1 billion in revenue over the next 12 months from selling AI software and computing capacity.

Portfolio Pulse from Anusuya Lahiri

September 14, 2023 | 11:56 am

CSTL

Castle Biosciences' TissueCypher Barrett's Esophagus Test has outperformed the standard of care in risk-stratifying patients with Barrett's Esophagus. This could potentially lead to increased adoption of the test and boost the company's revenues.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 11:03 am

FWBI

SNY

First Wave Biopharma has entered into a license agreement with Sanofi. Sanofi could potentially receive up to $46M in development and regulatory milestone payments, and up to $235M in potential commercial milestone payments.

Portfolio Pulse from Charles Gross

September 14, 2023 | 10:24 am

AAWH

CURLF

GTBIF

TSNDF

VRNOF

Maryland's cannabis market has seen a significant increase in sales since transitioning from medical to recreational use, with August sales reaching $91.7 million, up from $42.7 million in June. The top cannabis stores in the state are reportedly making $25-30 million each in sales. Maryland's regulator has issued 101 dispensary licenses and plans to release an additional 75. Publicly traded multi-state operators in the market include Ascend (OTC:AAWH), Curaleaf (OTC:CURLF), Green Thumb (OTC:GTBIF), TerrAscend (OTC:TSNDF), and Verano (OTC:VRNOF).

Portfolio Pulse from Nicolás Jose Rodriguez

September 13, 2023 | 9:52 pm

IREN

Iris Energy has reported its FY23 Bitcoin mining revenue at $75.5M, a significant increase from $59.0M in FY22.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:55 pm

ALNY

The FDA advisory committee has voted in favor of a new indication for Alnylam's drug, Onpattro. This positive development could potentially expand the drug's market and boost Alnylam's revenues.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:36 pm

JYNT

The Joint Corp. has reported preliminary Q2 revenue of $29.3M, which is lower than the estimated $30.22M.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:13 pm

IBEX

IBEX has projected its Q1 revenue to be between $122M-$125M, which is lower than the estimated $133.64M. The company also forecasts its FY24 revenue to be between $525M-$535M, falling short of the estimated $554.74M.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:10 pm