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Revenues

GDYN

Grid Dynamics has announced a partnership with Blue Yonder to support joint commerce customers and expand its supply chain service portfolio. This partnership will enable clients to better predict, prevent, and resolve supply chain disruptions. It also opens new revenue stream opportunities for Grid Dynamics and supports its GigaCube growth strategy.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:51 pm

WMT

Walmart CEO, McMillon, has expressed optimism for the upcoming holiday season, citing strong back-to-school sales as a positive indicator.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:50 pm

BLIN

Bridgeline Digital, Inc. (NASDAQ:BLIN), a marketing software service provider, has renewed its enterprise-level agreement with a leading US printing and marketing company. The contract, worth $94k over a 12-month period, will continue to leverage Bridgeline's online franchise solution, TruPresence, to drive the printing company's online reach across its 300+ local business centers.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 12:40 pm

ROMJF

Rubicon Organics Inc. reported its Q2 2023 financial results, showing a record net revenue of CA$11.3 million ($8.37 million), up by 28% YoY. The company also reported a significant reduction in net loss, positive Adjusted EBITDA for the fifth consecutive quarter, and positive operating cashflow for the fourth consecutive quarter. The company expects to see increased supply from partnerships and aims to achieve positive free cashflow for the full year.

Portfolio Pulse from Nina Zdinjak

August 17, 2023 | 12:23 pm

PIRS

Pieris Pharmaceuticals has received an undisclosed milestone payment from Boston Pharmaceuticals following the dosing of the first patient in a Boston Pharmaceutical-sponsored Phase 1/2 study of BOS-342 (formerly PRS-342).

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:12 pm

LNVGY

Lenovo Group Ltd reported a 24% year-on-year decrease in Q1 FY24 revenue to $12.9 billion, falling short of the consensus estimate of $13.84 billion. The company's Solutions and Services Group posted an 18% revenue growth, while the Infrastructure Solutions Group and Intelligent Devices Group saw declines of 8% and 28% respectively. Lenovo plans to invest $1 billion in AI deployment for businesses globally over the next three years.

Portfolio Pulse from Lekha Gupta

August 17, 2023 | 11:48 am

MSGS

Madison Square Garden Sports Corp (MSGS) reported a decrease in revenues primarily due to fewer Knicks and Rangers regular season and playoff home games compared to the prior year.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:31 am

GAMB

Gambling.com Group has increased its FY23 revenue guidance to $100M-$104M, up from the previous $99M-$95M, and above the estimated $97.23M. The adjusted EBITDA is also raised to $36M-$40M from the prior $33M-$37M. The guidance assumes Kentucky will go live with online sports betting on September 28th, no additional North American markets will go live with online sports betting or iGaming in 2023, no new acquisitions, new investments for the development of Casinos.com and support to media partners, and an average EUR/USD exchange rate of 1.095 for the rest of 2023.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:07 am

WMT

Walmart has reported that food is a strong sector for them, but they are also seeing encouraging results in general merchandise compared to their expectations at the start of the quarter. The company also stated that they are in a good position with their inventory for the second half of the year.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:05 am

WMT

Walmart has reported a 6.4% increase in Q2 US comparable sales and a 24% rise in e-commerce sales.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:03 am