Streetbeat News

Revenues

NMRD

Nemaura Medical announces the next commercialization stage of its proBEAT sensor and AI-based feedback platform, augmenting the BEAT diabetes program. 56 corporations in the U.S. have signed up for pilots in June 2023, which are intended as a precursor to revenue-generating contracts.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:06 pm

SPY

Redbook reported a 0.5% increase in U.S. retail sales for the week ending June 24 compared to the same period last year. Additionally, retail sales for the first four weeks of June rose by 0.6% compared to June of the previous year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:56 pm

AIMD

Ainos, Inc. is ramping up marketing for its VELDONA Pet health supplements and aims to complete clinical trials for its AI Nose-powered POCT by the end of 2023. The company expects VELDONA Pet revenues to reach $20 million in 2024 and is targeting new markets for expansion.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:39 pm

AAPL

MANU

Manchester United (NYSE:MANU) reported Q3 FY23 sales growth of 11.3% YoY to $206.53 million, beating analyst consensus of $173.69 million. The company raised its FY23 revenue and adjusted EBITDA outlook. Speculation continues about potential buyers, including Apple Inc (NASDAQ:AAPL) and Qatari businessman Sheikh Jassim bin Hamad al-Thani.

Portfolio Pulse from Shivani Kumaresan

June 27, 2023 | 12:33 pm

LI

NIO

TSLA

XPEV

Tesla's new vehicle registrations in China reached 16,700 units for the week ended June 25, showing an acceleration from previous weeks. The company is expected to report strong Q2 deliveries, with Future Fund's Gary Black predicting a record 450,000 units.

Portfolio Pulse from Shanthi Rexaline

June 27, 2023 | 12:33 pm

LVO

LiveOne has raised its guidance for FY24, with Audio Division revenue expected to reach $100M-$110M and Adjusted EBITDA between $18M-$21M. The company's consolidated revenue is projected to be $122M-$130M, with Adjusted EBITDA between $12M-$16M.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:31 pm

DAL

Delta Air Lines CEO Ed Bastian stated that their consumers are in a strong financial position, indicating a positive outlook for the airline industry.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 12:21 pm

META

Meta Platforms' WhatsApp Business app has surpassed 200 million monthly active users, up from 50 million in 2020. The app now allows users to create 'click-to-WhatsApp' ads without a Facebook account and adds a paid feature for merchants to automate personalized customer messages. WhatsApp is also boosting its payments business to increase revenue generation.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 12:19 pm

BAH

Booz Allen Hamilton (NYSE: BAH) has been awarded a position on the Internal Revenue Service's (IRS) Enterprise Development, Operations Services (EDOS) contract, a Blanket Purchase Agreement (BPA) with a ceiling value of $2.6 billion. The contract aims to modernize mission-critical applications and support the IRS's tax administration and modernization goals.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:15 pm