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Revenues

KBR

LUNR

KBR and Intuitive Machines have secured a $719 million contract from NASA under the Omnibus Multidiscipline Engineering Services (OMES) III. The contract, which spans five years, will aid NASA's development of space orbital systems.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:09 am

RMTI

Rockwell Medical has increased its FY23 revenue forecast from $78M-$82M to $82M-$86M, which is in line with the estimated $86.06M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:03 am

SSNLF

The Indian government will provide Samsung Electronics Co. Ltd (NYSE:SSNLF) with a $72.3 million production-linked incentive (PLI), the largest payout under the scheme aimed at boosting domestic manufacturing. Samsung claimed incentives of around $100 million in its first year after generating revenues of approximately $1.8 billion from smartphone sales. The PLI scheme has attracted investments worth ₹6,600 crore, generating a production of ₹3 trillion and creating over 60,000 jobs.

Portfolio Pulse from Shomik Sen Bhattacharjee

August 14, 2023 | 8:11 am

NIU

NIU Technologies expects its revenues for the third quarter of 2023 to be between RMB 1,153 million and RMB 1,326 million, representing a year-over-year increase of 0% to 15%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 7:34 am

AGBA

AGBA Group Holding reported its Q2 revenue of $17M, marking a 325% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 8:38 pm

AIMD

Ainos (NASDAQ:AIMD) reported a significant decrease in Q2 sales, down to $28.55 thousand from $636.63 thousand YoY, a 95.51% decrease.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 8:33 pm

FRTX

Fresh Tracks Therapeutics (NASDAQ:FRTX) reported a significant decrease in Q2 sales, down to $100.00 thousand from $4.32 million YoY. This represents a 97.68 percent decrease.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 8:31 pm

WIX

Benchmark analyst Mark Zgutowicz has reiterated a Buy rating on Wix.Com Ltd. (NASDAQ:WIX), raising the price target to $130 from $120. This follows Wix's announcement of an increase in its '25 FCF margin target to 25% from 20%. The company's FY25 FCF is expected to reach ~$500 million, with revenue growth remaining at current levels (+~13%). Wix's shares are currently trading lower by 2.25% to $90.01.

Portfolio Pulse from Nabaparna Bhattacharya

August 11, 2023 | 7:48 pm

W

Needham analyst Anna Andreeva reiterated a Buy rating on Wayfair Inc (NYSE:W) with a price target of $100. The analyst predicts continued top-line growth for Wayfair through 2024, despite pandemic gains being lapped. Wayfair's growth is expected to be driven by double-digit sales CAGR, international expansion, and a focus on advertising. The company's competitive edge in fulfillment through its own global logistics network is also seen as an under-appreciated asset.

Portfolio Pulse from Shivani Kumaresan

August 11, 2023 | 6:18 pm

TTEK

KeyBanc Capital Markets analyst Sean Eastman has reiterated an Overweight rating on Tetra Tech, Inc. (NASDAQ:TTEK), raising the price target to $200 from $185. The analyst expects increasing new-order momentum, accelerating EPS growth and material upward estimate revisions over the NTM+. The analyst also raised revenue estimates for FY23 and FY24.

Portfolio Pulse from Nabaparna Bhattacharya

August 11, 2023 | 6:12 pm