Streetbeat News

Revenues

TANH

Tantech Holdings Ltd (NASDAQ: TANH) announced that its subsidiary, Shangchi Automobile Co., Ltd., has signed a contract to export 20 school buses to Ecuador. This is the fourth order of school buses from Ecuador. The order represents a significant business opportunity for Tantech to expand its market presence and generate revenue.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 1:01 pm

AAPL

FXCOF

Apple Inc.'s key supplier, Foxconn Technology Co. Ltd., predicts a decline in iPhone demand in 2023, which could lead to a weak holiday season for Apple. This is due to an expected slowdown in the global smartphone industry. Apple is expected to see a 2% decline in iPhone revenue in September, the largest fall since 2016. However, Apple might offset some of this impact with an expected $100 increase in iPhone 15 Pro and iPhone 15 Pro Max prices.

Portfolio Pulse from Rounak Jain

August 14, 2023 | 12:46 pm

RSSS

Research Solutions has reported preliminary Q4 revenue of $10M, surpassing the estimated $9.67M. The company's FY23 revenue is also higher than expected at $37.7M, compared to the estimated $37.41M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:45 pm

ABL

Abacus Life reported its Q2 revenue of $18.3M, which is an increase from $14.1M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:44 pm

REBN

Reborn Coffee (NASDAQ:REBN) reported Q2 sales of $1.50 million, a 90.24% increase from $788.48 thousand in the same period last year. However, the company also reported a net loss of $1.3 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:40 pm

AUVI

Applied UV, Inc. (NASDAQ:AUVI) has announced preliminary financial results for Q2 2023, with total revenues of approximately $10.8 million, an 83.6% increase over the same period in 2022. The company also reiterated its previous guidance of approximately $45 million in revenue for 2023. Gross profit grew to approximately $2.4 million, up 84.8% from the comparable period in 2022. Total cash and equivalents as of June 30, 2023 were $3.3 million.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:34 pm

GHSI

Guardion Health Sciences (NASDAQ:GHSI) reported a 14.81% decrease in sales this quarter, with revenues of $2.79 million compared to $3.28 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:21 pm

RMR

The RMR Group (NASDAQ:RMR) reported approximately 4.7 million square feet of leasing activity for the three months ended June 30, 2023. The company executed 77 leases, including 37 with new tenants, resulting in a weighted average roll up in rents of 15.8% and a lease term of 10.3 years. Industrial leasing accounted for over 70% of the activity. The company's occupancy rate stands at 96%.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:20 pm

BTM

Bitcoin Depot has reaffirmed its FY23 revenue guidance of $700M-$730M, representing an 8%-13% YoY increase.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:19 pm

BTM

Bitcoin Depot reported Q2 sales of $197.5M, up from $167.867M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:16 pm