Streetbeat News

Revenues

SLGL

Sol-Gel and Searchlight Pharma have entered into licensing agreements to commercialize TWYNEO and EPSOLAY in Canada. Sol-Gel will receive up to $11 million in upfront payments and milestones, plus additional royalties ranging from low double-digits to high-teens.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 11:08 am

PLTR

Palantir has launched Foundry for Manufacturing on AWS, making its data analytics platform available to the broader market. This move is expected to expand Palantir's customer base and increase its revenue.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 11:07 am

MOMO

Hello Group expects Q2 2023 total net revenues to be between RMB3.0 billion to RMB3.1 billion, representing a YoY decrease of 3.5% to 0.3%. This forecast is based on the company's current market and operational conditions.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 11:07 am

ARBK

Argo Blockchain reported Q2 sales of $11.40 million, down from $14.89 million YoY, with a mining margin percentage of 49%.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 11:04 am

FERG

Ferguson reiterates its FY23 revenue guidance, expecting growth in low-single-digits.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 10:52 am

ZFOX

ZeroFox expects Q2 FY24 revenue of $51.5M-$52.5M, surpassing the $46.28M estimate, and FY24 revenue of $198M-$202M, beating the $185.26M estimate.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 10:17 am

ALKS

JNJ

Alkermes has received a final award in its arbitration proceedings with Janssen Pharmaceutica, a subsidiary of Johnson & Johnson, regarding two license agreements. The company has also raised its financial expectations for 2023 by approximately $425 million.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 10:06 am

MOMO

Hello Group expects its Q2 total net revenues to decrease between 3.5% and 0.3% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 9:05 am

UMC

United Microelectronics Corporation (UMC) reported a 23.1% YoY decline in net sales for May 2023, with revenues of NT$18,778,488 compared to NT$24,433,030 in May 2022.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 8:51 am

F

TSLA

Tesla Inc (NASDAQ:TSLA) experienced a 13,656% YoY increase in new vehicle registrations in the UK, with 3,439 new cars registered in May 2023. The Model Y was the standout performer, contributing 2,509 units to the total registrations. Ford Motor Co's (NYSE:F) Puma topped the charts with 4,184 new vehicle registrations.

Portfolio Pulse from Anan Ashraf

June 06, 2023 | 6:38 am