Streetbeat News

Revenues

KAVL

Kaival Brands Innovations Group (NASDAQ:KAVL) has announced the relaunch of BIDI Stick distribution in over 1,000 Circle K locations, with plans to expand to 5,000 locations in the South Atlantic and Midwest regions of the US by the end of the year.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 12:17 pm

ACB

Aurora Cannabis anticipates its Q1 cannabis net revenue to be similar to Q3 figures.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:08 am

ACB

Aurora Cannabis reported a 3% quarter-over-quarter decline in Q1 medical cannabis net revenue.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:07 am

AUVI

Applied UV's subsidiary, LED Supply, and its partner have secured a $0.8 million contract to provide lighting and building controls solutions for a global auto manufacturer's US facility.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:02 am

GIB

CGI has been selected by the Finnish Food Authority to modernize the Finnish Land Parcel Identification System (FLPIS) using satellite, AI, and cloud technologies. The contract is valued at approximately $10.7 million.

Portfolio Pulse from Charles Gross

June 14, 2023 | 10:32 am

PHG

Philips announced that a health economic analysis published in the Journal of Neurointerventional Surgery showed that the Direct-To-Angio stroke care pathway reduced costs by an average of €2,848 (~$3,120) per patient.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:33 am

FITB

Fifth Third Bancorp has revised its Q2 total revenue outlook, now expecting a 2-3% sequential decrease compared to the previous stable outlook.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 9:28 pm

MITK

Mitek reiterates its FY22 preliminary results, expecting revenue between $143M-$144M, and provides FY23 guidance with revenue between $162M-$165M. The company expects non-GAAP operating margins of 29%-30% for FY22 and 29.5%-30.5% for FY23.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:15 pm

IVAC

Intevac (NASDAQ:IVAC) has hired investment banking firm Houlihan Lokey to advise on strategic alternatives and formed a strategic committee to evaluate options for increasing stockholder value. The company reaffirms its year-end cash outlook and raises its 2023 revenue outlook to $43M-$48M.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:13 pm

ITI

Iteris forecasts FY24 revenue of $168M-$175M, representing a 10% YoY organic growth at the mid-point of the guidance range. Adjusted EBITDA is expected to be 7%-9% of FY24 revenue, with net cash flow of $12M-$16M.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:11 pm