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Revenues

MYSZ

MySize, Inc. (NASDAQ: MYSZ) announced that its Naiz Fit and MySizeID ecommerce apparel sizing solutions have achieved key milestones, including a 65% reduction in size-related returns, 5 million users worldwide, 35.6 million size recommendations, and 17.9 million items sold. The solutions are available in 13 languages on ecommerce sites worldwide. Retailers using these solutions include Levi's, Moschino, Superdry, Speedo, Canali, Dockers, U.S. Polo Association, Desigual, El Ganso, and Alberta Ferreti.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 1:04 pm

CWBHF

CWEB

Charlotte's Web Holdings, Inc. (OTCQX:CWBHF) (TSX:CWEB) reported a 15.2% YoY decrease in Q2 2023 net revenue, down to $16.0 million from $18.9 million in Q2 2022. However, the company saw an improvement in net income, reporting $2.8 million for Q2 2023 compared to a net loss of $7.9 million in Q2 2022. The company's cash and working capital as of June 30, 2023, were $61.7 million and $72.3 million respectively.

Portfolio Pulse from Vuk Zdinjak

August 10, 2023 | 12:53 pm

STKL

SunOpta reported a year-over-year decrease in Q2 adjusted EPS results and worse-than-expected Q2 sales results. The company also cut its FY23 revenue outlook below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:47 pm

JBI

Janus International Group has increased its FY23 revenue forecast from $1.06B-$1.08B to $1.07B-$1.09B, compared to the estimated $1.07B.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:41 pm

NABL

N-Able has projected its Q3 revenue to be between $106.5M and $107M, which is higher than the estimated $105.01M. The company also expects its adjusted EBITDA to be between $34.5M and $35M.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:39 pm

NABL

N-Able has projected its FY23 revenue to be between $419.5M and $421M, which is higher than the estimated $415.73M. The company also expects its adjusted EBITDA to be between $135.5M and $137M.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:37 pm

ARQT

Arcutis Biotherapeutics has entered into a strategic collaboration and licensing agreement with Huadong Medicine for the development and commercialization of topical Roflumilast in Greater China and Southeast Asia. Arcutis will receive an upfront payment of $30 million and is eligible for additional development and commercial milestone payments, as well as double-digit tiered royalties.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:19 pm

KULR

KULR Technology Group Inc. has announced preliminary Q2 revenue of $2.5M-$2.8M, marking a 300% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:09 pm

URGN

UroGen Pharma Ltd has reiterated its FY23 revenue forecast to be between $76M and $86M, which is slightly below the estimated $80.74M.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:07 pm

LYFT

Lyft is expanding its advertising business by introducing new ad products and serving display ads on its app. The company also plans to incorporate video ads and expand other ad products such as in-car screens. This move comes as Lyft and its competitor Uber have seen gains from their advertising businesses. Lyft's ad revenue grew 400% YoY in Q2, but the company has not disclosed the exact figures. The company has partnered with adtech company Rokt and measurement firm Kantar to enhance its advertising business.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 12:03 pm