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OSIS

OSI Systems (NASDAQ:OSIS) has received a $12 million order from a European customer to provide service and support for its RTT® 110 explosive detection systems used in airport baggage screening. The system has been widely deployed at major international airports and meets the European Civil Aviation Conference's threat detection requirements.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 12:33 pm

ACN

CRM

DLTR

EA

Insiders at Electronic Arts Inc. (EA), Dollar Tree, Inc. (DLTR), Accenture plc (ACN), and Salesforce, Inc. (CRM) have recently sold shares. EA is undergoing significant internal changes, Dollar Tree announced growth strategies and reaffirmed guidance, Accenture reported Q3 results and lowered FY23 revenue growth guidance, and Salesforce received an Outperform rating from Oppenheimer with a price target of $235.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 12:18 pm

NVRI

Enviri Corporation (NYSE:NVRI) has secured two separate three-year renewal contracts with Ternium Monterrey and Ternium Largos Norte, two of the largest steel manufacturers in the Americas. The contracts, worth a combined $88 million, will see Harsco Environmental, a division of Enviri, continue to provide a range of services to both sites, including Slag Pot Carrying, Slag Processing, Metal Recovery, Scrap Management, and Raw Material Handling.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 12:08 pm

SSU

SIGNA Sports United (SSU) has projected a net revenue decline of 9% to 11% for the fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 11:37 am

GB

Global Blue Group Holding reported a 121.4% YoY increase in Q4 revenue to $93.2M, but also an adjusted net income loss of $(1.07)M.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 10:28 am

LYV

Concert ticket prices have surged significantly, leading to speculations about their potential impact on inflation. Fans are paying high amounts to see top music acts like Taylor Swift and Bruce Springsteen. The U.S. Labor Department’s inflation rate for live-performing admission events is currently 2.6 percentage points more than U.S. headline inflation. Live Nation Entertainment (NYSE:LYV) reported a 41% rise in ticket sales in the first quarter, with prices up by double digits.

Portfolio Pulse from Benzinga Newsbot

June 28, 2023 | 3:29 am

TRSSF

TerrAscend (OTCQX: TRSSF) has announced its acquisition of Hempaid, LLC, a medical marijuana dispensary in Maryland, expanding its footprint to three dispensaries in the state. The acquisition is expected to drive substantial revenue growth and profitability for TerrAscend in Maryland. The transaction is valued at $6.75 million, including $3.0 million in cash. Following the acquisition, TerrAscend's retail footprint will increase to 36 dispensaries nationwide.

Portfolio Pulse from Maureen Meehan

June 27, 2023 | 9:26 pm

TGAN

Transphorm has projected its Q1 2024 revenue to be between $5.8M and $6.2M, which is higher than the estimated $5.56M.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 8:37 pm

GEOS

Geospace Technologies Corporation (NASDAQ:GEOS) has signed a major rental contract for its Mariner product with an international marine geophysical services provider. The contract, which includes the rental of shallow water seabed wireless seismic data acquisition nodes, is expected to be worth $20 million. Delivery of the Mariners will occur in the first quarter of fiscal year 2024. The Mariner product was launched less than a year ago and has seen rapid market adoption.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 8:32 pm

META

Citigroup analyst Ronald Josey has maintained a 'Buy' rating for Meta Platforms Inc (NASDAQ:META) and raised the price target from $315 to $360. This is due to Reels ad loads reaching 17% QTD, and the broader online advertising market showing stability. Josey projects a 14% Y/Y advertising revenue growth for Meta in 2024.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 7:56 pm